Takeaways   Cyber insurance is essential for businesses to manage risk. Understanding the nuances of cyber insurance policies is crucial. The cyber insurance industry has evolved significantly post-COVID. Claims can be denied due to misrepresentation of information. Insurance applications are becoming more standardized across providers. Brokers play a vital role in ensuring accurate information is provided. Accurate information is critical to avoid claims denial. Risk management should be integrated with cyber insurance strategies. Collaboration between VCs and insurance agents can enhance risk management. Incident response planning is essential for effective cyber insurance coverage.     Summary   In this episode, the conversation revolves around the complexities of cyber insurance, its evolution, and the critical role it plays in risk management for businesses. Joe Erle, a cyber insurance broker, shares insights on the importance of accurate information in insurance applications, the role of brokers, and the necessity of incident response planning. The discussion also touches on claims denial, the standardization of insurance applications, and the collaboration between VCs and insurance agents. The episode concludes with a focus on the rising costs of cyber insurance and the importance of PR in managing incidents.