article thumbnail

The State Of Cyber Insurance, 2023

Forrester IT

Cyber insurance is a common tool for risk transfer today. But who has cyber insurance and what benefits do organizations see from it? Analyzing Forrester data on cyber insurance adoption and breach response trends, we find that: Most organizations do not have standalone cyber insurance […]

Insurance 305
article thumbnail

Make Cyber Insurance Work For You

Forrester IT

Three factors are certain to influence your cyber security program today: regulations, third-party partners, and cyber insurance. Increasingly stringent requirements, exclusions, and policy premium costs may appear as a trifecta of pain launched your way from insurers. But cyber insurance is really an opportunity.

Insurance 321
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Good, The Bad, And The Ugly: The Role Of Trust In Insurance Fraud

Forrester IT

Insurance fraud is a big—really big—business in the US. In 2022, insurance fraud across all insurance lines amounted to nearly $309 billion. It says something when US insurance fraud costs rival the global sales of world’s most valuable company. That’s not too far behind tech giant Apple’s $394.3 And […]

Insurance 330
article thumbnail

Predictions 2024: Insurers Will Seek Stability In The Face Of Uncertainty

Forrester IT

Climate change and geopolitical turmoil will help shape a rocky landscape for insurers heading into the new year. Explore a few of our predictions.

Insurance 360
article thumbnail

Data Science Fails: Building AI You Can Trust

AI has the power to transform countless industries — including the healthcare, banking, insurance, and public service sectors, to name just a few — by introducing new efficiencies and revealing new opportunities for companies to solve problems.

article thumbnail

Decoding AI Decisioning: A Game-changer for the Insurance Industry

IT Toolbox

Revolutionize insurance with AI decisioning to boost efficiency, customer satisfaction, and top-line growth for insurers. The post Decoding AI Decisioning: A Game-changer for the Insurance Industry appeared first on Spiceworks.

Insurance 325
article thumbnail

The Future Of Insurance: A Look At What Lies Ahead

Forrester IT

Forrester analyzed past industry performance and top consumer, regulatory, competitive, and tech trends to help insurers succeed in the next decade.

Insurance 339