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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 407
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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 369
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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 394
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Four Themes Will Shape The Future Of Insurance

Forrester IT

The future of insurance is here. Insurers can no longer wait on the sidelines. The game for who wins the hearts and wallets of tomorrow’s insurance customer. That’s my view and I am sticking to it. You must get in the game. What game you ask? Your competitors (think Amazon, Tesla, and Lemonade) give consumers […].

Insurance 544
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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.

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Connected Insurance: Reality Or Hype?

Forrester IT

I speak often with clients about the role of technology in insurance. Of the many innovations we discuss, connected insurance may be the most polarizing. Connected insurance (CI) is nascent across most insurance lines.

Insurance 318
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AI: The Catalyst for Innovation in the Insurance Industry

IT Toolbox

AI revolutionizes insurance, driving growth by transforming underwriting, automating tasks, and unlocking new markets. The post AI: The Catalyst for Innovation in the Insurance Industry appeared first on Spiceworks.

Insurance 263