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Cybersecurity threats are evolving every day, and protecting your business is no longer just a luxury—it's a necessity. In this episode, Jessica Loomis, CEO of Infinity Insurance Partners shares critical information every IT decision-maker needs to know about cyber liability insurance. She breaks down the different types of cyber risks—ransomware, wire transfer fraud, business interruption—and how to get the right coverage for your company. Jessica walks through the key factors in selecting a cyber policy, from identifying your exposure to understanding why some insurers won’t touch certain industries. Learn how to navigate the cyber insurance landscape, lower premiums, and avoid the pitfalls that could leave your business vulnerable to a cyberattack. Tune in to get expert tips from Jessica Loomis and make sure your business is protected. Subscribe now and get all the insights you need to stay ahead of the game in cyber insurance! Key points covered in this episode: 00:00 Introduction. 03:50 Cyber insurance covers technology breaches. 05:53 It protects against ransomware, business interruption, and media risks. 09:03 The right coverage depends on company size and industry risks. 10:50 Fill out applications accurately, involving IT staff to avoid mistakes. 15:12 Policies change, so review them annually for new exclusions or limits. 19:42 Cyber insurance is still affordable compared to others. 21:22 Different industries need tailored cyber insurance. 22:20 Advice for companies without cyber insurance on how to get started. ———————————————————————————————— Jessica Loomis, CEO of Infinity Insurance Partners, with a strong background in solution-driven risk assessments. Previously a Client Executive at Hub International Insurance Services and with nine years of experience at Liberty Mutual Insurance, she advanced to leadership roles in their Business Market Division across Arizona and New Mexico. Jessica holds a Bachelor of Science in Business Management with a minor in Project Management from the University of Phoenix. Her expertise spans cybersecurity insurance, workers' compensation, non-profits, construction, retail, manufacturing, and more, making her a key resource in comprehensive risk management. LinkedIn: / jessicaloomis / infinity-insurance-partners Website: https://infinityinsurancepartners.com... Instagram: / jraeloomis Twitter: https://x.com/comm_ins_advice Facebook: / infinityinsurancepartners Youtube: / @infinityinsurancepartners ———————————————————————————————— Nick Mulholland is the President of Tech-Gofer, a company dedicated to empowering IT leaders with the tools and insights needed to navigate technology solutions. With over 17 years of experience, Nick has helped organizations achieve success through Tech-Gofer's award-winning procurement and deployment process. Representing over 1,000 providers, Tech-Gofer delivers tailored solutions to optimize costs, drive productivity, and foster growth. Passionate about innovation, Nick believes in technology's power to transform businesses. He hosts networking events across the U.S. to promote collaboration and learning. Join upcoming Tech-Gofer events here: https://tech-gofer.com/event/ Connect with Nick Mulholland: Facebook: / techgofer LinkedIn: / nickmulholland / tech-gofer #GetInTheHole #TechGofer #CyberInsurance #BusinessSecurity2024 #CyberLiability