Indeed, cyber education, especially in insurance, has promising gains. It adds value to businesses in terms of overall knowledge and expertise. Unfortunately, the successful attempts of enlightening the business owners are still unlikely. And the reasons for this are endless. For one, there have been insufficient tools for brokers, claims professionals, and underwriters.
In a major part, brokers have found it challenging to sell successfully. Also, assessing cyber risks by the underwriters has been difficult. Guy Simkin, the CEO, and co-founder of Cyber Insurance Academy highlighted the following.
Highlights of Cyber Education Programs
Mr. Simkin outlined how the Cyber Insurance Academy is helping with cyber education. The academy is offering programs to nurture brokers, underwriters, and claims professionals. Besides, risk managers also get training covering every cyber security topic. These subjects include claims and incident response, risk management, and many more.
Students who undertake these programs learn more about the foundation of cyberspace. In addition, they are equipped on how to pursue a productive conversation with technical experts. The academy’s cyber education programs target an array of professional groups. These include both the experienced and inexperienced. Plus, they can train workers from more prominent companies.
Upon completion of the cyber education programs, graduates get certifications of completion. One of them is a Certified Cyber Insurance Specialist Certification (CCIS). But it doesn’t end there. The institution will continue to connect students with cyber insurance professionals. This allows them to get updated on the latest trends in the cyber insurance market. They also learn how to promote the growth of cyber insurance in general.
Expert Insight in the Importance of Cyber Education
Simkin connoted that cyber, to some extent, is a lifestyle. Cyber threats are transforming at an alarming rate. So, it only makes perfect sense for business owners to stay up to date with current news. Not only that, but they should also know trending developments in cyberspace. That way, they can better assess the risks and act accordingly as soon as they occur.
He also adds that there is a need for business owners to have expert knowledge. This goes for every stakeholder in cyber insurance, like brokers. With proper cyber education, the brokers will have confidence during negotiations. And this will enable them to realize profits despite the existing wide knowledge gap. Ideally, these are some of the areas bringing disparity in cyber education.
Cyber education is yet to realize its full potential. Fortunately, many institutions like the Cyber Insurance Academy are training people to bridge this gap. So, all is not lost for those looking to get such training for personal benefits or the business.