Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. This post summarizes the highlights from this meeting in addition to interim meetings held in lieu of taking place during the Summer Meeting. 26R — Bonds (SSAP No.

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Insurance Paper Privacy Risk 78

Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. This post summarizes the highlights from this meeting in addition to interim meetings that were held during July in lieu of taking place during the Summer Meeting.

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Insurance e-Delivery Paper Sales 88

IT Governance

MAY 24, 2022

One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. The benefits of cyber insurance.

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Insurance Data breaches GDPR Ransomware 137

Data Breach Today

FEBRUARY 6, 2018

Policies Offer Incentives for Good Information Security Practices Apple and Cisco say they've partnered with insurers Aon and Allianz to offer cyber insurance policies for organizations that meet best security practices and use products from the technology companies.

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Insurance Information Security Risk Security 140

KnowBe4

JUNE 13, 2023

As government-sponsored and widespread vulnerability attacks continue to result in larger damages, cyber insurers are looking for opportunities to still meet demand without incurring risk.

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Insurance Risk Government Cybersecurity 80

IBM Big Data Hub

DECEMBER 4, 2023

IBM can help insurance companies insert generative AI into their business processes IBM is one of a few companies globally that can bring together the range of capabilities needed to completely transform the way insurance is marketed, sold, underwritten, serviced and paid for.

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Insurance Digital transformation Compliance Cloud 56

eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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Insurance Ransomware Risk Data science 126

Data Matters

SEPTEMBER 3, 2020

The National Association of Insurance Commissioners (NAIC) held its Summer 2020 National Meeting (Summer Meeting) from July 27 to August 14, 2020. As a result of the COVID-19 pandemic, the NAIC held the Summer Meeting in a virtual format, with conference calls taking place over a three-week period.

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Insurance Paper Artificial Intelligence Big data 68

IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

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Insurance IT Government Risk 105

Data Matters

SEPTEMBER 4, 2019

The National Association of Insurance Commissioners (NAIC) held its Summer 2019 National Meeting (Summer Meeting) in New York City from August 3 to 6, 2019. The Summer Meeting was highlighted by the following activities. Under the Revised CFR Model Laws, a “reciprocal jurisdiction” includes (a) a non-U.S.

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Insurance Paper Risk Analytics 68

Data Matters

DECEMBER 11, 2018

The National Association of Insurance Commissioners (NAIC) held its Fall 2018 National Meeting (Fall Meeting) in San Francisco, California, from November 15 to 18, 2018. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data. sector; and.

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Insurance Paper Risk Big data 68

Data Matters

AUGUST 24, 2018

The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. This post summarizes the highlights from this meeting. NAIC Continues its Evaluation of Insurers’ Use of Big Data .

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Insurance Big data e-Delivery Risk 60

Data Protection Report

FEBRUARY 27, 2020

Given the level of interest in the case, we have prepared a deeper-dive into the facts and the implications of the decision, with a focus on the important role played in the case by cyber insurance. Until recently, there had not been an example of a cyber insurer actively participating in a recovery action. This is set out below.

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Insurance Risk Data breaches Personal data 81

Thales Cloud Protection & Licensing

APRIL 18, 2023

RSA Conference 2023: Meet Thales Where the World Talks Security! Meet us at Booth #N-5369 for demonstrations on data security, customer and workforce identity, and post quantum cryptography – just to name a few. This year’s theme “ Stronger Together ” echoes our company culture. In cybersecurity, we are a community of many.

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Security Digital transformation Privacy Cybersecurity 71

AIIM

OCTOBER 15, 2018

In a recent AIIM webinar, Craig Le Clair, Forrester VP and Principle Analyst, and Florian Vondal, Allianz Solution Architect, took a closer look at the “esign of the times” and what must be considered when attempting to accelerate e-signature adoption enterprise-wide and meet global compliance. Millennials or Generation X).

Compliance 109

Compliance Insurance Digital transformation Authentication 109

OpenText Information Management

JULY 5, 2023

Mobile apps, artificial intelligence and advanced analytics are just some of the innovations shaking up the landscape for global insurers to help them meet the rising expectations of tech-savvy customers. Claims processing accounts for the lion’s share of property and casualty insurers’ expenses.

Artificial Intelligence 52

Artificial Intelligence Insurance Analytics Customer Experience 52

Information Management Resources

NOVEMBER 5, 2019

For insurers, meeting these new expectations is about nothing less than the future of the insurance industry. There’s a scramble going on to match business operations to new and emerging cultural and social expectations.

Insurance 41

Insurance Digital transformation 41

IT Governance

MAY 30, 2018

A report published by research and consultancy company Celent highlights the challenges that the GDPR presents to insurers. Insurers are data controllers: a person, public authority, agency or body that determines the purpose of processing personal data. Steps insurers should take to become GDPR compliant.

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Insurance GDPR Compliance Data collection 49

Data Protection Report

JANUARY 19, 2022

compliance with regulatory restrictions on personal data and maintenance of confidentiality.

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Compliance Access Personal data Risk 131

Security Affairs

FEBRUARY 6, 2021

The WestRock team remains in regular communication with its customers to share information and updates and to meet their business needs. ” WestRock confirmed that it has cyber insurance business interruption insurance. WestRock is also working with its vendors so they are informed, and supply chains remain operational.”

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Ransomware Insurance Communications Cybersecurity 142

Data Breach Today

FEBRUARY 6, 2018

Policies Offer Incentives for Good Information Security Practices Apple and Cisco say they've partnered with insurers Aon and Allianz to offer cyber insurance policies for organizations that meet best security practices and use products from the technology companies.

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Insurance Information Security Risk Security 100

Information Management Resources

DECEMBER 11, 2018

Competitive pressures mean insurers are highly incentivized to automate more processes where they can to meet customer expectations, says KPMG.

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Insurance Artificial Intelligence 30

Information Management Resources

DECEMBER 20, 2018

The insurance industry is a leader in having a shared digital vision to meet digital business aspirations, but there is much to be done, when it comes to rethinking the business model and institutionalizing digital capabilities.

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Insurance Analytics Customer Experience IT 29

HL Chronicle of Data Protection

MAY 13, 2019

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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Insurance Cybersecurity Data breaches Financial Services 40

The Last Watchdog

MARCH 13, 2023

In other words, they shouldn’t detail how cybersecurity spending drives revenue and that cuts to the security program directly affect relationships and requirements with three key constituencies: customers, insurers, and regulators. Ultimately, cybersecurity can become a profit center when customers, insurers, and regulators require it.

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Security Insurance Cybersecurity Customer Experience 195

Hunton Privacy

FEBRUARY 29, 2024

Finally, the investigation indicated that GRBH violated the HIPAA Privacy Rule by failing to meet the requirement not to use or disclose PHI except as permitted by the Rule.

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Ransomware Personal data Risk Privacy 111

CGI

DECEMBER 7, 2017

Insurers’ top trends and priorities: A look at CGI’s 2017 Voice of Our Clients findings (part 1). This year, we conducted in-person interviews with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Meeting and optimizing regulatory compliance (70%). p.butler@cgi.com.

Insurance 40

Insurance Digital transformation Blockchain Retail 40

IBM Big Data Hub

JANUARY 15, 2024

As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co., As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co.,

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Mining Digital transformation Insurance Artificial Intelligence 72

CGI

MARCH 1, 2017

‘The Organist Entertains’ – reaction to the insurance Ogden discount rate cut. When I first saw the word ‘Ogden’ in the Insurance press I was immediately reminded of the long running BBC programme ‘the organist entertains’ hosted by Nigel Ogden. ravi.kumarv@cgi.com. Wed, 03/01/2017 - 05:02. I propose an alternative approach.

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Insurance IT 40

CGI

JULY 31, 2017

Insurers’ top trends and priorities: A look at CGI’s 2017 Voice of Our Clients findings (part 1). This year, we conducted in-person interviews with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Meeting and optimizing regulatory compliance (70%). harini.kottees….

Insurance 40

Insurance Digital transformation Blockchain Retail 40

OpenText Information Management

MARCH 30, 2020

Deep in digital transformation, the insurance industry must lean into the future to meet the needs of a modern workforce and user base. The conditions call for ingenuity; and, as a millennial woman in technology, Nidhi Ramakant relishes the challenge.

Digital transformation 70

Digital transformation Insurance 70

Hunton Privacy

MARCH 9, 2023

On March 3, 2023, the California Privacy Protection Agency (“CPPA”) Board held a public meeting regarding the Agency’s priorities, budget, the status of the California Privacy Rights Act of 2020 (“CPRA”) rulemaking process and the activities of the CPPA subcommittees.

Privacy 58

Privacy Insurance Data Privacy Cybersecurity 58

IT Governance

OCTOBER 3, 2018

In addition to meeting the requirements of Cyber Essentials, organisations must undergo an internal assessment and internal scan conducted on-site by the certification body. Cyber Essentials Plus requires a more advanced level of assurance.

Government 72

Government Compliance Risk Insurance 72

Information Governance Perspectives

MAY 8, 2020

Hunter, Dr. Tao Jin, Dr. Patricia Franks, Rae Lynn Haliday, Cheryl Pederson, and Wendy McLain on the topic of Meeting Evolving Business Needs – A Conversation Between RIM Educators and Thought Leaders. … It’s really a surreal time to be having a discussion about meeting evolving business needs don’t you think?

Education 52

Education Digital transformation Search queries Information governance 52

CGI

FEBRUARY 28, 2018

Digital Customer Experience is becoming the deciding battlefield on the insurance landscape. Digital Customer Experience in many ways is becoming the deciding battlefield on the insurance landscape as to who will win through. p.butler@cgi.com. Wed, 02/28/2018 - 10:36. Although respective remits often tend to be company specific.

Customer Experience 40

Customer Experience Insurance Artificial Intelligence Retail 40

CGI

DECEMBER 7, 2017

Insurers’ top trends and priorities: A look at the 2017 CGI Client Global Insights (part 2). In my previous blog , I introduced findings from in-person interviews CGI held in 2017 with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Thu, 12/07/2017 - 15:43.

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Insurance Digital transformation Artificial Intelligence GDPR 40

CGI

DECEMBER 5, 2017

Insurers’ top trends and priorities: A look at the 2017 CGI Client Global Insights (part 2). In my previous blog , I introduced findings from in-person interviews CGI held in 2017 with more than 1,300 client executives across 17 countries, including insurance business and IT executives. Tue, 12/05/2017 - 17:24.

Insurance 40

Insurance Digital transformation Artificial Intelligence GDPR 40