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How IBM process mining unleashed new efficiencies in BoB-Cardif Life

IBM Big Data Hub

As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co., Ltd (BoB-Cardif Life) partnered with IBM® Using IBM Client Engineering methods and introducing AI-powered process mining product IBM Process Mining.

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ABBYY Releases Research: State of Process Mining and Robotic Process Automation

Info Source

Global survey results released today found that process knowledge is the primary success factor for robotic process automation (RPA) projects, yet only 31% of US organizations are currently using process mining tools to understand their processes. Process mining . Financial planning & decision-making. Improving customer experience.

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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. For the insurance industry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.

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NY Charges First American Financial for Massive Data Leak

Krebs on Security

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2 billion in 2019.

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First American Financial Pays Farcical $500K Fine

Krebs on Security

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

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Best Practices Q&A: Guidance about what directors need to hear from CISOs — from a board member

The Last Watchdog

Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. CISOs can sometimes be their own worst enemy, especially when it comes to communicating with the board of directors. She serves on the board of several technology companies and also happens to be steeped in cyber risk governance.

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Auto insurers mining data to develop ridesharing and autonomous products

Information Management Resources

Carriers are looking to learn as much as they can about these emerging macro trends now so that they can be prepared for a transformative future.

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