Tech Republic Security

JULY 4, 2024

Rates have declined by 15% since the market peak in 2022, according to Howden Insurance Brokers.

Insurance 465

Insurance Report Security Backup 465

Information Week

OCTOBER 19, 2022

Cyber insurance is a novel service -- and clients still don’t know what they should expect. Experts tell us what premium cyber insurance firms are offering and what you should plan on securing for yourself.

Insurance 545

Insurance Security 545

Information Week

DECEMBER 1, 2023

For business leaders, the rules have changed: Cybersecurity insurance can no longer be thought of solely as an “IT responsibility”.

Insurance 507

Insurance 507

Information Week

MAY 23, 2022

Rising business and cyber risks are driving innovation and technology adoption in the insurance industry.

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Insurance Industry 533

Information Week

NOVEMBER 7, 2023

Cyber insurance is an important risk management tool, and companies can end up in a tough spot if they lose coverage.

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Insurance Tools Company 518

Information Week

JANUARY 6, 2023

So can a bad cyber-insurance policy. Cyberattackers can drain an organization's bank account.

Insurance 505

Insurance How To Banking Policies 505

CIO Business Intelligence

FEBRUARY 5, 2025

As insurance companies embrace generative AI (genAI) to address longstanding operational inefficiencies, theyre discovering that general-purpose large language models (LLMs) often fall short in solving their unique challenges. Claims adjudication, for example, is an intensive manual process that bogs down insurers.

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Insurance Industry Training Examples 179

Information Week

JANUARY 12, 2024

Pharmaceutical giant Merck reached a confidential settlement with its insurers regarding its 2017 $1.4B cyberattack damages claim.

Insurance 522

Insurance Pharmaceuticals 522

Information Week

JANUARY 11, 2024

GenAI can help by providing new tools for accurately analyzing cyber risks, streamlining process efficiencies, and helping insurers improve the security of buyers.

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Insurance Tools Security 511

Forrester IT

SEPTEMBER 11, 2023

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 415

Insurance Policies Programming Security 415

Forrester IT

SEPTEMBER 27, 2023

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

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Insurance Trends Industry 443

Forrester IT

AUGUST 24, 2023

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 369

Insurance Trends Programming Tools 369

Forrester IT

NOVEMBER 2, 2023

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 447

Insurance Trends Industry 447

Forrester IT

SEPTEMBER 20, 2023

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 416

Insurance Company Financial Trends 416

Forrester IT

OCTOBER 23, 2024

AI’s promise of transforming underwriting, claims, and customer experience remains untapped, and only a tiny fraction of insurers will harness its full potential by 2025. Tech-driven product innovation such as embedded insurance and usage-based insurance may yield faster results, but long-term AI gains remain on the horizon.

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Insurance Trends Industry 395

Forrester IT

JUNE 28, 2021

The first half of 2021 has been anything but quiet for cyberinsurance! Forrester has seen a steady flow of client inquiries on the topic, with questions coming in not just from the private but also the public sector. Some are trying to navigate acquiring a cyberinsurance policy for the first time, while others are struggling […].

Insurance 535

Insurance Policies Trends Industry 535

Information Week

JANUARY 22, 2023

Beazley launched a first-of-its-kind, $45 million cyber catastrophe bond, a move that suggests change could be coming to the cyber insurance market.

Insurance 445

Insurance Industry 445

CIO Business Intelligence

DECEMBER 10, 2024

At EXL, we recently launched a specialized Insurance Large Language Model (LLM) leveraging NVIDIA AI Enterprise to handle the nuances of insurance claims in the automobile, bodily injury, workers compensation, and general liability segments.

Insurance 287

Insurance Engineering Enterprise Enterprise 287

CIO Business Intelligence

JANUARY 29, 2025

The insurance industry has been one of the first industries to fully embrace AI and quickly start finding ways to capitalize on its ability to parse vast databases of structured and unstructured data to surface meaningful information. Meanwhile, processing times keep getting longer, putting a strain on customers and adding costs for insurers.

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Insurance Fractional CTO CTO Artificial Intelligence 130

CIO Business Intelligence

MAY 14, 2025

As the name suggests, Southern Cross Travel Insurance, part of the Southern Cross Group, is a travel insurer based in Australia and New Zealand. Smart also spoke about driving transformation of a central insurance platform, and why mentoring in technology matters more than ever. Watch the full video below for more insights.

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Insurance Travel CTO Analysis 146

CIO Business Intelligence

OCTOBER 16, 2024

>To help insurance brokerages tie in disparate systems to manage their operations and increase employee productivity, CRM software provider Salesforce has introduced a new offering in preview, the Financial Services Cloud. In addition, Financial Services Cloud can be used to service property and casualty insurance clients as well.

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Insurance Financial Cloud Policies 296

IT Toolbox

OCTOBER 23, 2023

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

Insurance Industry Artificial Intelligence 325

Forrester IT

NOVEMBER 7, 2024

However, policy shifts and market changes have made it harder for insurers to achieve performance and profit goals. Amid declining financial performance, insurers like Cigna have reduced their presence or exited MA altogether. Humana, after a significant quality rating […]

Insurance 195

Insurance Healthcare Financial Policies 195

Forrester IT

FEBRUARY 21, 2025

For US health insurers the current state of trust should set off alarm bells. But only 56% of consumers trust their health insurer to act in their best interest. This puts consumer trust in US health insurers at a three-year low during a watershed moment for the industry. Trust is the cornerstone of a successful relationship.

Insurance 195

Insurance Industry Healthcare Trends 195

Forrester IT

FEBRUARY 11, 2025

payments, taking out an insurance policy) to remote digital […] Deepfakes are increasing because many organizations are migrating identity verification, authentication, and high-value, high-risk transactions (e.g.,

Insurance 312

Insurance Authentication Policies Trends 312

CIO Business Intelligence

DECEMBER 5, 2024

Why data distilleries are a game-changer: Insights from the insurance industry Traditionally, managing data in sectors like insurance relied on fragmented systems and manual processes. Historically, insurers struggled with fragmented data sources, leading to inefficient data aggregation and analysis.

Enterprise 263

Enterprise Enterprise Data Insurance 263

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

Insurance 303

Insurance Data Center Training Data 303

Forrester IT

JUNE 17, 2024

There’s just no way to sugarcoat this: US Health Insurer CX Index ratings for 2024 have landed with a resounding thud. This is the second time since 2021 that the industry average rating had a statistically significant decline – and it’s easy to see why: Ten brands scored their lowest ratings in five years. Even […]

Insurance 273

Insurance Industry Healthcare Trends 273

IT Toolbox

AUGUST 5, 2024

The post CrowdStrike Faces Lawsuits Over Global Outage, Likely to Drive Up Insurance Costs appeared first on Spiceworks Inc. CrowdStrike is set to face lawsuits from investors and affected organizations over its faulty update, which caused a global outage of Windows systems.

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Insurance Windows Financial System 278

CIO Business Intelligence

MARCH 11, 2025

The virtual event also featured demos of EXL Code Harbor , a generative AI-powered code migration tool, and EXLs Insurance Large Language Model (LLM) , a purpose-built solution to the industrys challenges around claims adjudication and underwriting. It also delivers the best outcomes for both the insurers and the insured.

Enterprise 268

Enterprise Enterprise Insurance Artificial Intelligence 268

CIO Business Intelligence

MARCH 13, 2025

For us, that means remembering our core mission: providing risk management and insurance solutions to our customers in a way that helps them protect their businesses and families. Thats the mindset we need to bring into every business, whether were selling insurance, financial services, or something else entirely.

Company 309

Company Insurance Education Examples 309

Forrester IT

OCTOBER 10, 2024

Forrester’s new report, Generative AI: What It Means For Health Insurers, dives into genAI’s impact on health insurers and examines avenues for early adoption and ways to circumvent potential risks.

Insurance 243

Insurance Change Management Report Healthcare 243

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

Insurance 262

Insurance Data Center Training Data 262

Forrester IT

FEBRUARY 26, 2025

Plain language is a key driver of CX quality in health insurance, but only half of US online adults who are health insurance customers say its easy to understand their coverage. Health insurers must act […] This key indicator has been trending downwards: It was 57% in 2023 and reached a high of 59% in 2022.

Insurance 195

Insurance Trends Industry 195

Tech Republic Security

OCTOBER 1, 2024

A report from insurer QBE predicts that the world will experience 211 significant cyber attacks this year, marking a 105% increase over four years.

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Report Insurance Artificial Intelligence Security 506

Forrester IT

APRIL 18, 2025

A new dawn has arrived for health insurers (HI). Our latest report explores the top seven trends that matter most for health insurers as they navigate the rest of 2025.

Insurance 195

Insurance Trends Report Healthcare 195

Information Week

FEBRUARY 4, 2021

Financial services firms, such as banks and insurance providers, are rapidly heading into the cloud, lured by the promise of multiple monetary, innovation and performance benefits.

Financial 543

Financial Cloud Industry Insurance 543