In this episode, Michael Denehey interviews Dan Quintin based in Hobart, Australia. Dan is a Senior Account Executive in Gallagher and an insurance broker. David says that it’s his passion, and he loves doing what he does. For 23 years Dan has been helping small to medium business owners looking for what they should cover for their business and different risks that they should have a foresight of. Dan does that by lending advice and recommendations to firms and business owners paired with the utilization of insurance and risk management programs to secure their business. This Cast Covers: Insurance and risk management 101. The importance of insurance. How insurance mitigates the possible dozen risks. Insurance transfers the risk and absorbs the shock. Financial harm is the most interesting risk. Why there’s an increase in premiums. The rise of risk of cyber-attacks. Contemplating for 10 weeks before getting business insurance. Engaging a broker to sell the risk to the underwriter. Paying extra for the broadest cover. Links: Dan's LinkedIn Dan's Twitter Additional Resources: Introduction to Risk Management and Insurance (7th Edition) by Mark S. Dorfman     Quotes: “Insurance is a very simple risk transfer mechanism.” —Dan Quintin. “There's so much that insurance companies do in the background that they don't get enough credit for.” — Dan Quintin. “There are some commentators in the market talking about how within 20 years and the amount of cyber premium globally will exceed the amount of property premium globally.” — Dan Quintin. “The best advice I can give to anyone, anywhere, is to give yourself time and information.” — Dan Quintin. “Engage a broker and do a risk review of your business. Come up with a strategy that you think will best help your business.” — Dan Quintin.     Music from https://filmmusic.io “Cold Funk” by Kevin MacLeod https://incompetech.com. License: CC by http://creativecommons.org/licenses/by/4.0