Posts by James J. Venezia

Historically, insurance products have followed the road most traveled with a few detours. By tradition, insurance product development has been a slow methodical process. However, this changed with the introduction of cyber insurance; this insurance emerged and accelerated through the market after a bumpy start. It continues to evolve at a pace close to the…

The Cyber Insurance Academy defines Operational Technology (OT) as “the management of machines used in heavy industries like production line management, mining operations, oil & gas monitoring, and other similar activities, as well as manufacturing process control systems and building systems.” The cyber insurance industry is taking a proactive approach to operational technology (OT) by…

Download PDF Introduction: Navigating the Waters of Risk and Strategy in Entrepreneurship In the dynamic world of entrepreneurship, where innovation and disruption are the currencies of success, there exists an often-overlooked cornerstone that is crucial to not just launching but also sustaining and scaling a business: the strategic integration of risk management through insurance. For…