In this episode of the Power Women in Insurance Podcast, Teresa speaks with Payal Patel, she is an expert in all things cyber insurance and is currently with Marsh, New York. She narrates how she shifted her interest from marketing to insurance in college to follow what felt right by her.
Listen in to learn about cyber insurance and why every business that is operating from the web should consider the cover. You will also learn about the power of women when they embrace themselves and develop change.
“Surrounding yourself with good people will always make you a better person, bring you in the right direction, and in your leadership make you a better leader.”– Payal Patel [9:14]
- How she gained the courage to go after what she wanted in her career and not what others wanted for her.
- The lack of confidence in businesses to manage cyber-attacks.
- How the increase in technology spending due to the existing demand leads to increased cyber-attacks risks.
- Ways in which businesses can stay ahead of potential cyber-attacks.
- Why women need the courage to pursue a career in insurance and give back to others as they do better for themselves.
What you will learn:
- [2:23] She describes her journey from an interest in marketing in college to insurance where she has been since.
- [13:05] She explains what entails cybersecurity- how the risk started with data security to the now complete cyber risk of an organization.
- [15:27] How the COVID-19 pandemic has increased insurance cybersecurity spending.
- [18:14] How to understand and manage your cyber risk in different ways.
- [21:07] How the insurance agency assures its clients to be ahead of cyber risks within their industry.
- [22:42] How constant change and innovations in the industry keep on motivating Payal to keep on doing better.
- [30:58] Learning to embrace who you are as a woman and make it a passion to do more and develop change.
Connect With Teresa!
Sterling Insurance Group’s Website: https://www.sterlinginsnow.com
Teresa’s Facebook: https://www.facebook.com/teresa.comerkitchens
Sterling Insurance Facebook: https://www.facebook.com/sterlinginsurancegrouptx/