In the news: Cyber needs to be a part of the standard risks an agent talks about
According to Rachel Bush, Nationwide’s associate vice president of technology risk management, insurance professionals need to ramp up the types of coverage and preventative knowledge they have access to.
“Cyber needs to be a part of the standard risks an agent talks about,” she said. “Traditionally, insurers probably spend more time talking about risks that seem more physical and tangible, such as property loss, homeowners’ and auto insurance, as well as commercial offerings.”
In this article from Insurance Business, Bush pointed to how consumers of personal or commercial lines may not be aware of the looming threat of cyber until they receive some degree of consultation about the benefits of extended coverage.