Cyber Insurance Specialist

Cyber insurance specialists focus on growing cyber liability market - helping businesses insure against data breaches, ransomware, business interruption from cyberattacks, and technology errors.

Cyber threats create strong demand for coverage.

You assess cyber risks, present coverage options, help with applications and security questionnaires, and potentially provide risk management.

Cyber policies typically $2,000-$20,000+ premiums with 15-25% commissions.

Placing 30-60 cyber policies annually generates $70,000-$200,000 with 85-95% margins.

Target clients include businesses handling customer data, healthcare providers (HIPAA), financial services, law firms and professional services, e-commerce companies, and any business with cyber exposure.

Services include cyber risk assessment, coverage recommendations, security questionnaire assistance, breach response planning, risk management consultation, and claims advocacy.

Success requires understanding cyber risks and insurance coverage, technical knowledge of cybersecurity basics, relationships with cyber insurance carriers, ability to assess and price cyber risk, and potentially partnering with cybersecurity firms.

Many cyber specialists come from technology or insurance backgrounds, work with MSPs and IT firms for referrals, potentially add cybersecurity consulting, educate clients on risk management, and build expertise in emerging high-demand specialty.