DXC Technology

AUGUST 10, 2020

For the insurance sector, this has brought forth both new market opportunities and new market confusion. The insurance sector has leveraged digital for new ways of working, and that has proven to be especially valuable in light of […].

Insurance 67

Insurance Education Marketing 67

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.

Insurance 105

Insurance IT Government Risk 105

Info Source

NOVEMBER 13, 2023

The market growth, however, was driven primarily by digital business inputs, in particular email inputs with attachments and secondarily mobile devices. For the Capture & IDP Software market in the EMEA region, Infosource predicts an accelerated growth of end customer investments in the next 5 years.

Information capture 52

Information capture Marketing Records Management Paper 52

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. The Framework.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Info Source

FEBRUARY 20, 2023

CAPTURE & IDP MARKET FRAMEWORK Infosource has covered the Capture market for over two decades. For example, an auto insurance claim often involves an e-form for the FNOL, plus paper based or digital documents covering the police report and the assessment of the repair shop but also photos or video documentation of the damage.

Marketing 52

Marketing Artificial Intelligence B2B Paper 52

Info Source

OCTOBER 21, 2022

Business use cases that involve unstructured inputs are increasingly addressed by RPA vendors, which is leading to a convergence of the traditional Capture and the Capture-related part of the RPA market. In the 5-year forecast period, Infosource expects the Capture & IDP market to grow to almost 8.5 Billion US$ in 2026.

Marketing 52

Marketing Digital transformation Sales Paper 52

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

Info Source

MARCH 16, 2022

The other market dynamic is the shift to communicating via multiple input channels using a wide range of formats often related to the same “case.” For example, when submitting an insurance claim for a damaged item, inputs will be provided through a variety of channels including eforms, fax, scanned documents, voice, or video.

Information capture 59

Information capture Marketing Digital transformation Cloud 59

CGI

NOVEMBER 10, 2016

The growing importance of dynamic pricing and rating in insurance. On June 20, 2016, CGI held a roundtable discussion on dynamic rating and pricing in the insurance industry that involved nearly all major Dutch insurers. This is in contrast to the traditional cost-plus approach to pricing in the insurance industry.

Insurance 69

Insurance Retail Sales Risk 69

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

Info Source

MARCH 16, 2022

The other market dynamic is the shift to communicating via multiple input channels using a wide range of formats often related to the same “case.” For example, when submitting an insurance claim for a damaged item, inputs will be provided through a variety of channels including eforms, fax, scanned documents, voice, or video.

Information capture 52

Information capture Marketing Digital transformation Cloud 52

CGI

APRIL 25, 2018

Time for a new definition of the "composite" insurer? Composite insurer table. In the UK we rightly take pride in the fact that our ‘local’ propositions have played a significant role in the global development of what we now commonly call ‘Insurance’, but is that all about to change? . p.butler@cgi.com. Wed, 04/25/2018 - 09:26.

Insurance 40

Insurance Retail Marketing IT 40

CGI

AUGUST 31, 2016

Insurers’ role will be critical in improving cybersecurity standards. Cyber insurance can be obtained to cover such costs as crisis management, media management, incident management, technical remediation, legal fees, call management, data subject notification, breach investigation and many other losses resulting from a cyber-attack.

Insurance 40

Insurance Cybersecurity Risk Marketing 40

CGI

FEBRUARY 28, 2017

Digital Transformation in UK General Insurance: Where do MGAs fit in? A lot of attention has been drawn to the digital developments that are being undertaken by insurers in the direct marketplace, but whilst direct is an important market, transformation of the indirect channel is also deserving of more attention.

Digital transformation 40

Digital transformation Insurance Marketing Retail 40

Info Source

JUNE 7, 2023

Fresneda: The biggest one, at least in the United States right now, is clearly insurance. If I’m an insurance company, I have to spread my risks. Now all of this “other stuff” can run through AI and machine learning (ML) to handle a lot of the problems that insurance companies and banks face around the world.

Insurance 52

Insurance Marketing Customer Experience Compliance 52

CGI

MAY 27, 2016

Time and tide waits for no man – IoT in Insurance. This old saying could also be applied for what is happening in the insurance market with IoT and that given the drive behind IoT in both the consumer and business markets. p.butler@cgi.com. Fri, 05/27/2016 - 07:25. Time and tide waits for no man.

Insurance 40

Insurance IoT Marketing Manufacturing 40

IBM Big Data Hub

OCTOBER 30, 2023

The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets. A leading insurance player in Japan leverages this technology to infuse AI into their operations.

Analytics 86

Analytics Retail Cloud Insurance 86

OpenText Information Management

APRIL 14, 2023

Banking and insurance industries are undergoing a generational change as customers migrate to the digital world. Many Financial Services institutions … The post EX + CX = TX appeared first on OpenText Blogs. It’s also important to recognize that improving the customer experience requires improving the employee experience.

Customer Experience 57

Customer Experience Financial Services Insurance Content services 57

CGI

SEPTEMBER 12, 2017

Data analytics – how should insurers look to the future? With a plethora of new data sources across the property and casualty (P&C) general insurance lifecycle now becoming available, how do insurers create an all-encompassing data analytics policy for the future? Tue, 09/12/2017 - 03:00. Connected and monitored energy usage.

Insurance 40

Insurance Analytics Risk IoT 40

OpenText Information Management

APRIL 13, 2023

Whether in retail or commercial banking, insurance or … The post Effective customer information management builds better digital experiences appeared first on OpenText Blogs. Yet, after years of trying, financial services institutions (FSIs) are still not delivering the experiences that customers expect. Why is that?

Financial Services 57

Financial Services Customer Experience Insurance Retail 57

Everteam

APRIL 2, 2019

ImageFast is an award-winning consulting and technical services company that has been delivering information governance solutions to the insurance and finance markets for over 20 years. “We > Read the blog: Everteam Blog: everteam.discover 2.1 Everteam Blog: managing governance policies. > Learn more. >

Information governance 40

Information governance Marketing Government Digital transformation 40

CGI

SEPTEMBER 5, 2018

UK Honey Bees and Insurance; an existential threat in the wings? There is of course one difference between the hive and the Insurance sector – the ability to respond. Blog moderation guidelines and term of use. Wed, 09/05/2018 - 04:28. Search the usual app stores for Asian Hornet Watch. Add new comment.

Insurance 40

Insurance Sales Marketing IT 40

OpenText Information Management

JULY 24, 2023

Helping our customers build for the future through smarter modernization New product updates are now available within Application Modernization & Connectivity (AMC) – OpenText’s marketing leading solution for COBOL and mainframe application development, deployment, and modernization as well as mainframe host access and security.

Cloud 98

Cloud Marketing Access Security 98

The Last Watchdog

OCTOBER 5, 2023

Editor’s note: I recently had the chance to participate in a discussion about the overall state of privacy and cybersecurity with Erin Kapczynski, OneRep’s senior vice president of B2B marketing. Here is Erin’s Q&A column, which originally went live on OneRep’s well-done blog.)

Cybersecurity 203

Cybersecurity Privacy Cloud IoT 203

OpenText Information Management

MAY 1, 2019

To compete and succeed in today’s fast-changing business climate, banks, insurance companies and other financial services institutions (FSIs) need to have three priorities to contend with new technologies, new market entrants and new ways of working that are changing expectations for the industry. appeared first on OpenText Blogs.

Financial Services 68

Financial Services Digital transformation Insurance Marketing 68

Data Matters

SEPTEMBER 20, 2021

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

Insurance 88

Insurance e-Delivery Paper Sales 88

CGI

SEPTEMBER 30, 2015

Insurer Hosted Pricing – getting (and staying) ahead of the curve. The pace of business and the pressure of market change are substantial challenges for insurers. For hard-pressed intermediated insurers, Insurer Hosted Pricing (IHP) could be the answer. p.butler@cgi.com. Thu, 10/01/2015 - 01:51.

Insurance 40

Insurance Big data Marketing Risk 40

IBM Big Data Hub

APRIL 10, 2024

Where and how these applications are deployed will impact time to market and value realization. How quickly can features be introduced into the market (from concept to production) and beat the competition? How can you pivot efficiently in response to the changing market conditions?

Cloud 98

Cloud Marketing Customer Experience Risk 98

The Last Watchdog

MARCH 20, 2023

Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C., About the essayist : Collin McNulty is a content creator and digital marketer at Digital Forensics , a consultancy that works with law firms, governments, corporations, and private investigators

Cybersecurity 214

Cybersecurity Education Insurance Data breaches 214

Data Matters

SEPTEMBER 7, 2022

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.

Insurance 78

Insurance Paper Privacy Risk 78

CGI

MARCH 23, 2016

The trend toward pay-as-you-drive insurance. Almost every insurance company is currently working on providing pay-as-you-drive insurance. Some already have succeeded in launching it, while others are busy preparing to go to market. This is the core work of an insurer, and it’s always been the job of the insurance actuary.

Insurance 40

Insurance Risk Big data Marketing 40

Krebs on Security

MARCH 3, 2020

Last week, KrebsOnSecurity reported to health insurance provider Blue Shield of California that its Web site was flagged by multiple security products as serving malicious content. How did a browser extension lead to a malicious link being added to the health insurance company Web site? “High revenue per user.”

Insurance 277

Insurance File names Risk Marketing 277

IBM Big Data Hub

JANUARY 18, 2024

Interact when and where customers are Conversational marketing can be deployed across a wide variety of platforms and tools to meet your customers where and how they prefer. Your potential market is worldwide. AI analyzes customer interactions to provide recommendations and suggest next steps.

Sales 96

Sales Artificial Intelligence Communications Marketing 96

Security Affairs

MAY 15, 2023

The company is the second largest in the institutional pharmacy services market, with revenues of $1.9 The security breach occurred between March 12 and March 13, threat actors had access to person’s name, address, date of birth, Social Security number, medications and health insurance information.

Data breaches 86

Data breaches Cybersecurity Insurance Ransomware 86

Information Governance Perspectives

APRIL 5, 2023

John Danenberger, CPCU, is Corporate Counsel at State Farm Insurance and specializes in addressing emerging issues around telematics. In 2015, he successfully transitioned from a military career as a trial attorney for the JAG Corps to working in telematics in corporate America for State Farm Insurance.

Insurance 52

Insurance Military Artificial Intelligence Manufacturing 52

IBM Big Data Hub

NOVEMBER 20, 2023

These organizations are less likely to have a formal approach to AI than some other industries, but they are showing progress: 57% of banks and financial markets organizations, 54% of insurers and 54% of life sciences/pharma institutions have adopted a formal approach to the technology so far.

Cloud 92

Cloud Digital transformation Data structuring Marketing 92

IBM Big Data Hub

FEBRUARY 13, 2024

Streamline workflows with personalized content creation, tailored product descriptions and market-ready copy. Many marketing and sales leaders acted rapidly and are already infusing generative AI into their workflows. Automate tedious, repetitive tasks. Existing content can be reimagined and edited using AI tools.

Artificial Intelligence 125

Artificial Intelligence Marketing Sales Communications 125