Influential National Association of Insurance Commissioners (NAIC) Moves On Cyber

CTOvision

Cybersecurity practitioners and policymakers have long been discussing the potential positive benefits of smart insurance policy and standards to reduce risk. The National Association of Insurance Commissioners (NAIC) is the U.S. By Bob Gourley.

Insurers are joining fintech party

Computer Weekly

Insurers are held back from digital transformation by legacy systems, but insurance-focused IT startups offer them hope

Trending Sources

Robots replace staff at Japanese insurance firm

Computer Weekly

Japanese insurance company Fukoku Mutual Life Insurance replaces 34 members of its claims assessment team with IBM Watson

Meet Ameet Bakshi: The Insurance CloudMASTER®

Cloud Musings

Powered by Singapore-based Big Data start-up Crayon Data , BigData-MadeSimple.com tapped the insurance industry as being at the forefront of integrating cloud technology into their digital eco system.

Insuring Your VoIP Network

IT Toolbox

Save $700 Billion with Incident Management-as-a-Service. The latest Digital Global Overview report from We Are Social and Hootsuite notes that there are over five billion unique mobile numbers and some 2.7 billion mobile social users. Over half the world’s population now uses the Internet, and digital communication and connectivity is changing the way

Australian organisations forced to take cyber insurance seriously

Computer Weekly

The take-up of cyber security insurance in Australia remains low, but it could increase if data breach notification regulations come into force

The Insurance Industry and Big Data

Eric D. Brown

How would you feel if you got a letter in the mail from your insurance company telling you that your insurance rates have increased due to your social media activity? Big data has given insurance companies the ability to mine social media for all sorts of activities.

New leaders in insurance industry drive digital innovation

Computer Weekly

Insurance companies are investing in digital innovation, with a new breed of leaders formalising enterprise strategies

Security Think Tank: Lower insurance premiums through security certification

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

O2 offers internet of things-backed motor insurance

Computer Weekly

Mobile network O2 expands its reach into the vehicle insurance market with the launch of an internet of things monitoring service

Complying With Health Insurance Portability and Accountability Act (HIPAA) Security Rules

CTOvision

The post Complying With Health Insurance Portability and Accountability Act (HIPAA) Security Rules appeared first on CTOvision.com. CTO Cyber Security Health Information Technology for Economic and Clinical Health Act Health Insurance Portability and Accountability Act

Insurers face same legacy system battle as retail banks

Computer Weekly

The biggest barrier to insurance companies adopting digital technology is their heavy reliance on legacy IT systems

Insurer launches UK’s first driverless car policy

Computer Weekly

Specialist motor insurance provider Adrian Flux introduces new contract terms for a driverless car insurance policy

Security Think Tank: Understand data assets and risks for insurance success

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

Digital Influence Drives Online Non-Life Insurance Sales In Europe

Forrester IT

European insurance buyers increasingly research their purchases online. Forrester’s new Online Insurance Forecast, 2017 To 2022 (EU-7) shows that online research influences half of all new insurance sales.

Security Think Tank: Cyber insurance a great complement to good security practice

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

Insurance firm frees itself from legacy shackles

Computer Weekly

Insurance intermediary is moving its IT infrastructure into the cloud in a 12-month project that also sees it update its end-user computing technologies

Security Think Tank: Cyber insurance – factor in all costs and obligations

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

Insurance brokers hit by second SSP Worldwide cloud outage in less than a week

Computer Weekly

Insurance software house comes under fire from users again, after they run into problems with its cloud service for the second time in a week

How Telematics is transforming the future of Auto Insurance

MindTree

These insights help insurers measure and monitor risk exposure thereby increasing their profitability. The post How Telematics is transforming the future of Auto Insurance appeared first on Speaking our Mind.

Data 28

European investors back cloud, IoT and big data for insurance sector

Computer Weekly

Investors are putting their money behind suppliers of technology to the European insurance sector

Insurance industry transformation will mirror travel sector through insurtech

Computer Weekly

Insurtech is gaining momentum, and companies in the sector of all sizes and ages can learn from startups

SSP set for showdown with insurance brokers over two-week Solihull datacentre meltdown

Computer Weekly

Senior leaders from insurance software provider will meet brokers next week to discuss the precautions it has taken to prevent a repeat of Solihull datacentre outage

7012 Regs and Cyber insurance on collision course with small business

CTOvision

The regulations themselves are a part of, and a driver to, a set of complex problems for industry — presently, with risk being transferred away from DoD to its contractors who will find risk rebounding to them via their “cyber” insurance policies.

Malaysian insurer partners IT supplier to tailor cyber security policies

Computer Weekly

Partnership is in response to requests from AIG customers for a more comprehensive risk management approach to cyber insurance

Moving to Hybrid Cloud: a Health Insurer’s Journey

Data Center Knowledge

How Concordia went from an outdated all-on-prem model to a modern hybrid environment Read More. Cloud Computing Data Center World Enterprise

Conversational BOTs in Insurance Industry – Hype or Reality?

MindTree

Technology behind Conversational Digital BOTs, benefits of adoption and possible application areas including digital commerce and enhanced digital customer experience in the Insurance industry. The post Conversational BOTs in Insurance Industry – Hype or Reality?

How HomeServe Labs plans to use the IoT to shake up the insurance business

Computer Weekly

Home maintenance services provider HomeServe grows its internet of things startup internally, and is now targeting the insurance industry with a leak detection system

Security Think Tank: Back up risk assessment with broker advice on cyber insurance

Computer Weekly

What should organisations consider if they are to prepare for cyber insurance

Insurance giant Allianz opens up about how DevOps success is fueling its move to cloud

Computer Weekly

The German financial services giant reveals details of how a year-long push to embrace DevOps has set the scene for a move to cloud

QTS Buys Large Dallas Data Center from Insurer HCSC

Data Center Knowledge

Pays $50M to expand in one of the hottest US data center markets Read More. Colocation Deals QTS (Quality Technology Services

Top Use Cases for IoT in Property and Casualty Insurance

MindTree

This blog examines the application areas for IoT in the Insurance industry and how it can benefit both the Insured and the Insurer in the […]. The Internet of Things (IoT) revolution is inching towards Internet of Everything (IoE), if you were to consider technology advancements like Smart Homes, Connected cars, Smart retail and so on.

Best practices for lowering cyber insurance costs and cyber risk

Network World

With cybersecurity threats on the rise, companies are increasingly taking advantage of cybersecurity insurance. And while cyber insurance can be worth it, it’ll cost you. insurers earned $1B in cyber premiums. You can minimize your premiums by showing your insurance company you’re actively mitigating cyber risks, which is a win-win: lower your risk and secure a more cost-effective insurance plan.