In this episode, Joey Pinz talks with Cole Knuth about the evolving cyber insurance landscape and its implications for Managed Service Providers (MSPs). Cole, who transitioned from the electrical industry to Pax8, discusses his journey in the tech sector and Pax8’s strategic direction. The conversation emphasizes the challenges and opportunities for MSPs in the rapidly expanding cyber insurance market, projected to grow from $16 billion to $120 billion by 2032. 📊💼
Cole highlights the role of MSPs in educating clients about cyber insurance and the unique complexities that come with insuring digital assets. Drawing comparisons between traditional insurance and warranties, he explains why cyber insurance is essential for covering financial losses beyond data breaches, including downtime and fraud. 🔒🚨
On a personal note, Cole shares his belief in manifestation and setting clear intentions, an approach he applies both in business and personal growth. This episode is a must-listen for MSPs seeking to understand their role in cyber insurance and gain insights into personal and professional discipline.
Top 3 Highlights:
- The distinct roles of warranties and insurance in cybersecurity
- Projected growth and significance of the cyber insurance market
- Cole’s philosophy on manifestation and personal discipline
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Join us for enlightening discussions that spark growth and exploration.
Hosted by Joey Pinz, this Discipline Conversations Podcast offers insights and inspiration.
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Episode Links:
518 Cole Knuth
CEO of FifthWall
https://www.linkedin.com/in/coleknuth/
Tags:
Cyber Insurance, MSPs and Security, Digital Assets Protection, Pax8 Strategy, Personal Growth