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Is Artificial Intelligence relevant to insurance?

IBM Big Data Hub

In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. Continued advancement in AI development has resulted today in a definition of AI which has several categories and characteristics. The early versions of AI were capable of predictive modelling (e.g.,

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Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

Everything from tax documents to employee files to bank statements must be kept on file, often for years at a time. At Armstrong Archives , we’re proud to stand at the forefront of records management, offering expert guidance in record retention policy and document management, ensuring that our clients stay compliant and efficient.

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Written IT Security Policies: Why You Need Them & How to Create Them

eSecurity Planet

Many security professionals think that if they have done the hard work of securing their organization, that should be enough. There is, however, a next step: Documenting policies. Written documentation. Written security policies. However, even a handwritten spiral notebook could work for a small organization.

IT 123
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What Is Integrated Risk Management? Definition & Implementation

eSecurity Planet

For example, a clothing brand might select a business objective such as to develop unique and appealing designs. In the examples above, the clothing brand will use traditional and computer-aided design prototyping and marketing research. What objectives deliver maximum value to shareholders?

Risk 67
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How to Develop an Incident Response Plan

eSecurity Planet

We make IT, security, or any business decision by weighing the risks and the rewards. Or as is often the case with security, what costs can we skip and still escape big penalties later? Document the incident response process as a plan. The building manager to handle threats to physical security at a specific office.

Insurance 125
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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

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.

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Chronicle of a Records Manager: Controlling the Chaos of Disaster Response and Recovery

ARMA International

These undertakings require planning, communication, documentation, and collaboration to be successful. The category four hurricane inundated the city with wind and rain. The plan was to meet the insurance coordinator at the Howard Avenue office at 8:30 a.m. The insurance coordinator proposed stabilizing in place.