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Zelros raises $11 million for AI that personalizes insurance plans
Venture Beast
FEBRUARY 24, 2021
Zelros raised $11 million for natural language understanding technology to help policyholders choose the optimum insurance plans. Read More.
Insurance Related Topics 
What Do CIOs Need To Know About Cyber Insurance?
The Accidental Successful CIO
JANUARY 27, 2021
You are not generally called on to deal with other business related issues such as insurance. However, with the rash of ransomware attacks and denial-of-service attacks that have been happening, CIOs are now being asked to help out when the company goes shopping for cyber insurance.
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10 cyber insurance selling points
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 […].
Influential National Association of Insurance Commissioners (NAIC) Moves On Cyber
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.
Why cybersecurity insurance may be worth the cost
Tech Republic Security
FEBRUARY 12, 2021
Cybersecurity insurance can compensate you in the event of a cyberattack. But how do you determine the right policy for your needs
Insurers are joining fintech party
Computer Weekly
OCTOBER 25, 2016
Insurers are held back from digital transformation by legacy systems, but insurance-focused IT startups offer them hope
Global Firms Under-Insured Despite Breach Concerns
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% […].
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Cyber Insecurity: A Boon for Insurers
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.
Ransomware: Number One Cyber Insurance Claim
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.
Planck raises $16 million to underwrite commercial insurance risk
Venture Beast
JUNE 10, 2020
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.
Insurance banana skins
IT Toolbox
JUNE 6, 2017
When the insurance industry gets seriously worried about something, it means that seriously big money is involved
Robots replace staff at Japanese insurance firm
Computer Weekly
JANUARY 5, 2017
Japanese insurance company Fukoku Mutual Life Insurance replaces 34 members of its claims assessment team with IBM Watson
Axa offers on-demand insurance via mobile app
Computer Weekly
NOVEMBER 23, 2016
Insurance company launches app that offers quick and easy insurance cover for individual items owned by customers
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Security Think Tank: Six key factors in cyber insurance
Computer Weekly
NOVEMBER 11, 2016
What should organisations consider if they are to prepare for cyber insurance
Predictions 2021: Insurers Find Opportunity Amid Chaos
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
Complying With Health Insurance Portability and Accountability Act (HIPAA) Security Rules
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.
Malaysian insurer partners IT supplier to tailor cyber security policies
Computer Weekly
OCTOBER 25, 2016
Partnership is in response to requests from AIG customers for a more comprehensive risk management approach to cyber insurance
Security Think Tank: Lower insurance premiums through security certification
Computer Weekly
NOVEMBER 14, 2016
What should organisations consider if they are to prepare for cyber insurance
The Insurance Industry and Big Data
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.
Insurer launches UK’s first driverless car policy
Computer Weekly
JUNE 7, 2016
Specialist motor insurance provider Adrian Flux introduces new contract terms for a driverless car insurance policy
How And What Insurance US Small Businesses Buy Is Changing
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.
Insurance brokers fume as SSP Worldwide suffers new cloud outage
Computer Weekly
NOVEMBER 10, 2016
Insurance brokers outline dismay at fresh round of service problems so soon after September's two-week cloud outage
Fascinating Examples Of How Blockchain Is Used In Insurance, Banking And Travel
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 […].
Here's one way to apply for life insurance online
Mashable VR
FEBRUARY 2, 2021
2, get a free quote for Bestow Life Insurance and sign up for a plan as low as $16 per month. That’s why life insurance exists, and it’s never a bad time to get coverage. The thought of buying life insurance can feel daunting, and it may seem like it'll take a ton of time and money. But with Bestow , a startup that offers term life insurance, you can get started in minutes and get covered from the comfort of your home, for as low as 16 bucks a month.
Insurers face same legacy system battle as retail banks
Computer Weekly
NOVEMBER 1, 2016
The biggest barrier to insurance companies adopting digital technology is their heavy reliance on legacy IT systems
Security Think Tank: Understand data assets and risks for insurance success
Computer Weekly
NOVEMBER 10, 2016
What should organisations consider if they are to prepare for cyber insurance
O2 offers internet of things-backed motor insurance
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
Security Think Tank: Cyber insurance – factor in all costs and obligations
Computer Weekly
NOVEMBER 9, 2016
What should organisations consider if they are to prepare for cyber insurance
The Relationship between AR Tech and Insurance
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
Australian organisations forced to take cyber insurance seriously
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
Security Think Tank: Back up risk assessment with broker advice on cyber insurance
Computer Weekly
NOVEMBER 7, 2016
What should organisations consider if they are to prepare for cyber insurance
Security Think Tank: Cyber insurance a great complement to good security practice
Computer Weekly
NOVEMBER 8, 2016
What should organisations consider if they are to prepare for cyber insurance
Insurance broker Simply Business ditches legacy MPLS for SD-WAN
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
Third of insurance professionals expect technology-based suppliers to disrupt market
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
CRM delivering a competitive edge for insurance agencies
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
Security Think Tank: Ensure cyber insurance is right and helps reduce risk
Computer Weekly
NOVEMBER 16, 2016
What should organisations consider if they are to prepare for cyber insurance
Insurance brokers fear regulatory action over SSP Worldwide cloud outage
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
New leaders in insurance industry drive digital innovation
Computer Weekly
JANUARY 31, 2017
Insurance companies are investing in digital innovation, with a new breed of leaders formalising enterprise strategies
Security Think Tank: Cyber insurance may not provide cover where it is most needed
Computer Weekly
NOVEMBER 17, 2016
What should organisations consider if they are to prepare for cyber insurance
Insuring Your VoIP Network
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
[Guide] 2018 State of the Insurance Industry
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.
European investors back cloud, IoT and big data for insurance sector
Computer Weekly
SEPTEMBER 1, 2017
Investors are putting their money behind suppliers of technology to the European insurance sector
Expanding Through M&A in the Insurance Industry
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.
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