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Regulatory Update: NAIC Summer 2018 National Meeting

Data Matters

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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Impact of IDP on Business Growth – Customer Onboarding Use Case

Info Source

For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc. t starts with the prospect, who has researched alternatives based on her/his specific needs selecting a financial services provider and type of loan and submitting a request. Missing input, signatures etc.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

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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Unlocking the power of chatbots: Key benefits for businesses and customers

IBM Big Data Hub

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. Offer personalized services Chatbots can be programmed to communicate with customers upon their arrival, fostering distinctive and personalized interactions.

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Ireland: Large-scale inquiries progress as DPC budget and staff numbers ramp up

DLA Piper Privacy Matters

Most incidents reported originate from the private sector ( 3,667 ), with 2,707 incidents reported from public sector organisations in Ireland such as public sector bodies, banks, insurance and telecom companies. Financial Services Sector Focus. In November, the DPC launched the revised Breach Notification Webform.

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The Role of Master Data Management in Enabling Omnichannel Connected Customer Experiences

Reltio

For example, what if your customer opted out of receiving communications from from a particular channel, but another team is not aware of that? Consent and communication preferences need to be centralized and shared across the organization to successfully execute an omnichannel connected customer experience strategy. Jan 8, 2020.

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Source (New) Finance USA Yes 3,494 Woodruff Sawyer Source (New) Insurance USA Yes 3,087 Blackburn College Source (New) Education USA Yes 3,039 CAIRE Inc. Source (New) Transport USA Yes 3,815 Okta Source 1 ; source 2 (Update) Cyber security USA Yes 3,800 Shah Dixit & Associates, P.C.