In this episode of The Legacy Lab, hosts Megan Davis and Ashley Simpson sit down with Mark Elwell, VP of Risk at RMC Group, to explore one of the most critical but often misunderstood tools in modern risk management: cyber insurance.
Together, they dig into how cyber insurance protects businesses, big and small, from the financial, legal, and reputational fallout of cyberattacks and data breaches. You’ll hear what typical policies cover (and where they differ), plus real-world insights on emerging risks like ransomware, third-party liability, and global coverage.
They also share the Core 4 practices every business should adopt immediately to harden their defenses: strong passwords, multi-factor authentication, scam awareness, and keeping software up to date. Whether you’re already insured or just beginning to explore your options, this episode will give you clarity on how cyber insurance fits into your broader risk strategy.