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Insurance brokers hit out at disaster recovery arrangements, fearing two-week outage could put them at risk of action by Financial Conduct Authority MORE
Insurance companies are investing in digital innovation, with a new breed of leaders formalising enterprise strategies MORE
Partnership is in response to requests from AIG customers for a more comprehensive risk management approach to cyber insurance MORE
Cybersecurity practitioners and policymakers have long been discussing the potential positive benefits of smart insurance policy and standards to reduce risk. Of the many actions and activities we see in the insurance world today, the news of NAIC involvement is seen as particularly interesting. The National Association of Insurance Commissioners (NAIC) is the U.S. NAIC members form the national system of state-based insurance regulation in the U.S. By Bob Gourley. MORE
Do you have good cyber insurance? An explosion in perceived cyber threats will lead to an explosion of attention to managing cyber risk, and that attention means booming business for cyber insurers. Randy Milanoff , a lawyer for insurance provider White & Williams, compares the Target data breach to ten Super Bowl advertisement for cyber insurers. By ShannonPerry. We’ve written plenty about data breaches. MORE
Companies using technology platforms to offer insurance will be increasingly common, and a larger variety of insurance products will be available as a result MORE
What should organisations consider if they are to prepare for cyber insurance MORE
Half of global organizations still don’t have cyber insurance, despite the majority believing cyber-attacks will increase next year, according to FireEye. The security vendor polled 800 CISOs and senior executives across the globe to compile its new Cyber Trendscape Report. More than half (56%) said they believe the risk of attacks will grow next year and 51% […]. MORE
Japanese insurance company Fukoku Mutual Life Insurance replaces 34 members of its claims assessment team with IBM Watson MORE
The take-up of cyber security insurance in Australia remains low, but it could increase if data breach notification regulations come into force MORE
As insurers look at the end of the industry’s big cash cow—private passenger auto insurance—many have amped up their small business lines. Big tech, telcos, and insurtechs are also breathing down the necks of traditional small business insurers. But changes in tech, the workforce, pharmacopeia, deepfakes, and more demand different insurance. MORE
Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 4 key takeaways from cyber insurance industry report. MORE
But how are these new developments impacting cyber insurance rates? COVID-19 is raising cyber insurance rates. At first glance, the driving force behind higher cyber insurance rates would seem to be more incidents leading to more expensive policy premiums. COVID-19 is accelerating the transition of the cyber insurance market into hard market conditions, where we are seeing premium increases become more of the norm," Snyder said. MORE
Descartes Underwriting, a startup applying AI and machine learning technologies to insurance underwriting, has raised $18.5 million. Read More. MORE
Mobile network O2 expands its reach into the vehicle insurance market with the launch of an internet of things monitoring service MORE
What should organisations consider if they are to prepare for cyber insurance MORE
The biggest barrier to insurance companies adopting digital technology is their heavy reliance on legacy IT systems MORE
What should organisations consider if they are to prepare for cyber insurance MORE
Age of the Customer digital business digital disruption digital marketing trends digital maturity Digital Transformation direct-to-consumer (DTC) fintech Innovation Insurance insurance industry trends insurtech MORE
Insurance company launches app that offers quick and easy insurance cover for individual items owned by customers MORE
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? How would you feel about getting a letter from your insurance company telling you your rates have decreased due to your social media activity falling into line with other ‘safety’ conscious customers? Big data has given insurance companies the ability to mine social media for all sorts of activities. MORE
Planck, a startup leveraging AI and machine learning to underwrite commercial insurance risk, raised $16 million in venture capital. AI Big Data Business Cloud Dev Enterprise Entrepreneur ai artificial intelligence carriers category-/Business & Industrial/Business Finance commercial insurance funding daily insurance machine learning PlanckRead More. MORE
What should organisations consider if they are to prepare for cyber insurance MORE
Different industries, including insurance, face disparate consumer trends, resource availability, and revenue potential during the pandemic and its aftermath. As a result, insurers […]. MORE
In 2019, the pressure on insurance business and technology leaders isn’t letting up. Earlier this year in Forrester’s “How Five Drivers Will Shape Insurance Business Technology Investments In 2019” report and webinar, we examined the drivers shown here that are shaping insurance business priorities. age of the customer digital business Insurance technology AI digital digital insurance digital strategy disruption insurance insurtech legacy systems MORE
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 MORE
Read Elana Ashanti Jefferson list top ten reasons why companies, small and big, should buy cyber insurance on Property Casualty 360 : In a move that reflects the growing urgency for companies, organizations and institutions worldwide to proactively face down and mitigate cybercrime, Beazley, a longtime cyber insurance market leader, announced recently that it has […]. MORE
Insurance brokers outline dismay at fresh round of service problems so soon after September's two-week cloud outage MORE
For small, independent insurance agencies, staying competitive means investing in technology, including CRM systems. It wasn’t always so but industry pressures are forcing their hand as CRM systems increasingly are being viewed as “must-have” as insurers struggle to cope with narrowing margins, particularly in a retail insurance market that has become more commoditized over the MORE
Creating value for customers, employees, partners, and shareholders has always been the core objective of insurance companies. Our new guide highlights the: State of the insurance industry based on our own insights, as well as those from leaders in the space. Most significant challenges diversified insurance, life insurance, and property and casualty insurance companies face and how they are solving them. MORE
Yet even as insurance companies lean on M&A for growth, every insurance company requires a more comprehensive program to achieve its growth targets. — To learn what else is driving growth, productivity, and efficiency, download our new guide: 2018 State of the Insurance Industry. M&A is always on the table, as it can provide quicker access to more customers through geographic expansion, as well as new business lines and capabilities. MORE
Insurers are held back from digital transformation by legacy systems, but insurance-focused IT startups offer them hope MORE
Today, insurance companies remain heavily focused on growth, productivity, and efficiency. The answers to these big questions lie in the strategic initiatives that insurance companies must embrace to move their business forward. To learn about them, download our new guide: 2018 State of the Insurance Industry. That is, how can they generate more revenue and increase profitability? How can they get a bigger piece of the pie in a market that offers customers so many options? MORE
What should organisations consider if they are to prepare for cyber insurance MORE
Specialist motor insurance provider Adrian Flux introduces new contract terms for a driverless car insurance policy MORE
What should organisations consider if they are to prepare for cyber insurance MORE
When the insurance industry gets seriously worried about something, it means that seriously big money is involved MORE
What should organisations consider if they are to prepare for cyber insurance MORE
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 ActHIPAA was enacted in 1996, and by April 2005 security standards were required to be in place for most covered entities. In 2013 key portions of this law were updated. MORE
Augmented Reality (AR) is a technology that involves the use of digital content such as music, text, video and pictures to enhance a real world environment. It is important to point out that this technology does not entirely replace the real world like the virtual reality technology. In this case, a mobile device is normally […]. Artificial Intelligence CTO News Artificial intelligence MORE
Insurance business finds networking a breeze after ditching its unresponsive managed services provider and implementing VeloCloud’s latest software-defined wide area network technology MORE
Blockchain technology promises to revolutionize many aspects of how we do business and, if you believe the blockchain hype (of which there is plenty), may even be as disruptive as […]. MORE
What should organisations consider if they are to prepare for cyber insurance MORE
Insurance Related Topics CTOvision
FEBRUARY 13, 2019
Read Elana Ashanti Jefferson list top ten reasons why companies, small and big, should buy cyber insurance on Property Casualty 360 : In a move that reflects the growing urgency for companies, organizations and institutions worldwide to proactively face down and mitigate cybercrime, Beazley, a longtime cyber insurance market leader, announced recently that it has […].
CTOvision
MARCH 14, 2015
Cybersecurity practitioners and policymakers have long been discussing the potential positive benefits of smart insurance policy and standards to reduce risk. Of the many actions and activities we see in the insurance world today, the news of NAIC involvement is seen as particularly interesting. The National Association of Insurance Commissioners (NAIC) is the U.S. NAIC members form the national system of state-based insurance regulation in the U.S. By Bob Gourley.
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Venture Beast
SEPTEMBER 10, 2020
Descartes Underwriting, a startup applying AI and machine learning technologies to insurance underwriting, has raised $18.5 million. Read More.
Computer Weekly
OCTOBER 25, 2016
Insurers are held back from digital transformation by legacy systems, but insurance-focused IT startups offer them hope
CTOvision
NOVEMBER 6, 2019
Half of global organizations still don’t have cyber insurance, despite the majority believing cyber-attacks will increase next year, according to FireEye. The security vendor polled 800 CISOs and senior executives across the globe to compile its new Cyber Trendscape Report. More than half (56%) said they believe the risk of attacks will grow next year and 51% […].
SecureWorld News
SEPTEMBER 10, 2020
Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 4 key takeaways from cyber insurance industry report.
CTOvision
APRIL 4, 2014
Do you have good cyber insurance? An explosion in perceived cyber threats will lead to an explosion of attention to managing cyber risk, and that attention means booming business for cyber insurers. Randy Milanoff , a lawyer for insurance provider White & Williams, compares the Target data breach to ten Super Bowl advertisement for cyber insurers. By ShannonPerry. We’ve written plenty about data breaches.
|
IT Toolbox
JUNE 6, 2017
When the insurance industry gets seriously worried about something, it means that seriously big money is involved
Computer Weekly
JANUARY 5, 2017
Japanese insurance company Fukoku Mutual Life Insurance replaces 34 members of its claims assessment team with IBM Watson
Computer Weekly
NOVEMBER 23, 2016
Insurance company launches app that offers quick and easy insurance cover for individual items owned by customers
Computer Weekly
NOVEMBER 11, 2016
What should organisations consider if they are to prepare for cyber insurance
Forrester's Customer Insights
OCTOBER 30, 2020
As insurers contend with an unpredictable virus and its economic consequences, promising pathways to prosperity will reveal themselves. Age of the Customer Insurance prediction
CTOvision
MAY 3, 2015
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 ActHIPAA was enacted in 1996, and by April 2005 security standards were required to be in place for most covered entities. In 2013 key portions of this law were updated.
|
CTOvision
AUGUST 17, 2020
Blockchain technology promises to revolutionize many aspects of how we do business and, if you believe the blockchain hype (of which there is plenty), may even be as disruptive as […].
Computer Weekly
OCTOBER 25, 2016
Partnership is in response to requests from AIG customers for a more comprehensive risk management approach to cyber insurance
Computer Weekly
NOVEMBER 14, 2016
What should organisations consider if they are to prepare for cyber insurance
Forrester's Customer Insights
SEPTEMBER 10, 2019
As insurers look at the end of the industry’s big cash cow—private passenger auto insurance—many have amped up their small business lines. Big tech, telcos, and insurtechs are also breathing down the necks of traditional small business insurers. But changes in tech, the workforce, pharmacopeia, deepfakes, and more demand different insurance.
Eric D. Brown
AUGUST 21, 2014
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? How would you feel about getting a letter from your insurance company telling you your rates have decreased due to your social media activity falling into line with other ‘safety’ conscious customers? Big data has given insurance companies the ability to mine social media for all sorts of activities.
Computer Weekly
JUNE 7, 2016
Specialist motor insurance provider Adrian Flux introduces new contract terms for a driverless car insurance policy
Computer Weekly
NOVEMBER 10, 2016
Insurance brokers outline dismay at fresh round of service problems so soon after September's two-week cloud outage
Computer Weekly
NOVEMBER 1, 2016
The biggest barrier to insurance companies adopting digital technology is their heavy reliance on legacy IT systems
Computer Weekly
NOVEMBER 10, 2016
What should organisations consider if they are to prepare for cyber insurance
Forrester's Customer Insights
NOVEMBER 16, 2020
Different industries, including insurance, face disparate consumer trends, resource availability, and revenue potential during the pandemic and its aftermath. As a result, insurers […].
Computer Weekly
FEBRUARY 1, 2017
Mobile network O2 expands its reach into the vehicle insurance market with the launch of an internet of things monitoring service
Computer Weekly
NOVEMBER 9, 2016
What should organisations consider if they are to prepare for cyber insurance
Forrester's Customer Insights
NOVEMBER 5, 2020
Age of the Customer digital business digital disruption digital marketing trends digital maturity Digital Transformation direct-to-consumer (DTC) fintech Innovation Insurance insurance industry trends insurtech
CTOvision
JULY 26, 2017
Augmented Reality (AR) is a technology that involves the use of digital content such as music, text, video and pictures to enhance a real world environment. It is important to point out that this technology does not entirely replace the real world like the virtual reality technology. In this case, a mobile device is normally […]. Artificial Intelligence CTO News Artificial intelligence
Computer Weekly
JANUARY 30, 2017
The take-up of cyber security insurance in Australia remains low, but it could increase if data breach notification regulations come into force
Computer Weekly
NOVEMBER 7, 2016
What should organisations consider if they are to prepare for cyber insurance
Computer Weekly
NOVEMBER 8, 2016
What should organisations consider if they are to prepare for cyber insurance
Computer Weekly
JANUARY 5, 2018
Insurance business finds networking a breeze after ditching its unresponsive managed services provider and implementing VeloCloud’s latest software-defined wide area network technology
Computer Weekly
SEPTEMBER 15, 2016
Companies using technology platforms to offer insurance will be increasingly common, and a larger variety of insurance products will be available as a result
IT Toolbox
SEPTEMBER 19, 2017
For small, independent insurance agencies, staying competitive means investing in technology, including CRM systems. It wasn’t always so but industry pressures are forcing their hand as CRM systems increasingly are being viewed as “must-have” as insurers struggle to cope with narrowing margins, particularly in a retail insurance market that has become more commoditized over the
Computer Weekly
NOVEMBER 16, 2016
What should organisations consider if they are to prepare for cyber insurance
Computer Weekly
SEPTEMBER 13, 2016
Insurance brokers hit out at disaster recovery arrangements, fearing two-week outage could put them at risk of action by Financial Conduct Authority
Computer Weekly
JANUARY 31, 2017
Insurance companies are investing in digital innovation, with a new breed of leaders formalising enterprise strategies
Computer Weekly
NOVEMBER 17, 2016
What should organisations consider if they are to prepare for cyber insurance
Perficient Data & Analytics
APRIL 25, 2018
Creating value for customers, employees, partners, and shareholders has always been the core objective of insurance companies. Our new guide highlights the: State of the insurance industry based on our own insights, as well as those from leaders in the space. Most significant challenges diversified insurance, life insurance, and property and casualty insurance companies face and how they are solving them.
IT Toolbox
AUGUST 16, 2017
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
SecureWorld News
JUNE 8, 2020
But how are these new developments impacting cyber insurance rates? COVID-19 is raising cyber insurance rates. At first glance, the driving force behind higher cyber insurance rates would seem to be more incidents leading to more expensive policy premiums. COVID-19 is accelerating the transition of the cyber insurance market into hard market conditions, where we are seeing premium increases become more of the norm," Snyder said.
Forrester's Customer Insights
MAY 14, 2019
In 2019, the pressure on insurance business and technology leaders isn’t letting up. Earlier this year in Forrester’s “How Five Drivers Will Shape Insurance Business Technology Investments In 2019” report and webinar, we examined the drivers shown here that are shaping insurance business priorities. age of the customer digital business Insurance technology AI digital digital insurance digital strategy disruption insurance insurtech legacy systems
Perficient Data & Analytics
MAY 15, 2018
Yet even as insurance companies lean on M&A for growth, every insurance company requires a more comprehensive program to achieve its growth targets. — To learn what else is driving growth, productivity, and efficiency, download our new guide: 2018 State of the Insurance Industry. M&A is always on the table, as it can provide quicker access to more customers through geographic expansion, as well as new business lines and capabilities.
Perficient Data & Analytics
MAY 8, 2018
Today, insurance companies remain heavily focused on growth, productivity, and efficiency. The answers to these big questions lie in the strategic initiatives that insurance companies must embrace to move their business forward. To learn about them, download our new guide: 2018 State of the Insurance Industry. That is, how can they generate more revenue and increase profitability? How can they get a bigger piece of the pie in a market that offers customers so many options?
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