Digital Platforms

Boateng will lead the organization's cyber risk management strategies.

UnitedHealth Group Inc.'s claims that it had made progress fixing some systems in the weeks after a crippling cyberattack frustrated state health officials who said they were still having problems.

MassMutual's new head of product and Beazley's head of U.S. cyber, plus more career moves.

The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers.

The risk of state-sponsored cyberattacks and new legislation are changing the cyber risk landscape.

Applying AI to insurance claims processing improves its predictive analytics, use of predictive models and control of costs.

Almost 80% of survey respondents were very dissatisfied with the current political climate.

Ariel Re, Hiscox cyber consortium; Swiss Re Gen AI underwriting assistant; Liberty Mutual Reinsurance announced a partnership with Safehub and more insurtech news.

By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.

With almost half of the cyberattacks focusing on small businesses, AI can help identify vulnerabilities and mitigate some risks.

The integration of geospatial data with advanced analytics streamlines insurer operations by enhancing underwriting and claims processing into a single coherent framework.

Cyber insurance is transitioning from a specialized offering to an essential product.

State Farm and Ting expands safety program to 2 million homes and HSB, part of Munich Re, launches cyber insurance for cars.

Allison Arzeno of Assurance IQ A shares how GenAI is affecting the insurance process, and discusses job opportunities in the industry and the increased role of technology.

Insurers covering cybersecurity risks transfer significant liability to their books in a rapidly changing landscape.

The cyberattack on a UnitedHealth Group Inc. data service is making it harder for health insurers across the industry to gauge their medical care expenses, Humana Inc. executives said Tuesday.

A byproduct of insurance modernization is the creation of increasingly complex tech stacks and application integration.

A new report from Arizent's research team examines technology adoption and investment for insurers.

Social engineering fraud is evolving, and scammers have improved how they manipulate human behavior.

These cyber threats will continue to evolve and pose risks for insurers and their policyholders.

The best three states had an average of 389 cyberattacks per 100,000 people in the five-year period from 2018-2022.

Increased cyberattack risks due to Gen AI is convincing many types of commercial enterprises to get cybersecurity insurance coverage.

Thriving as an insurer requires technological adoption, adaptable cybersecurity measures and collaboration among other factors.

Willis Towers Watson's Sean Scranton responded to Digital Insurance questions about insurance companies' cybersecurity practices in relation to Gen AI.

Bad actors have already made use of the new technology to power cyber attacks. The insurance industry can use the same technology to proactively detect attacks, guard sensitive personal data and establish defense patterns and methods.

Prudential Financial Inc. said hackers gained access to some of its IT systems and user accounts associated with employees and contractors.

The worst three states had an average of 1,287 cyberattacks per 100,000 people in the five-year period from 2018-2022.

Customers with deferred compensation plans at the bank had personally identifiable information compromised through a third party, Infosys McCamish.

General insurance company uses low-code platform service to build its own workflow and case management capabilities.

The medical professional liability insurer will implement Origami Risk's SaaS platform for policy, billing and claims processes.

ONE platform links in professional liability, cyber risk and business coverage

Nationwide and Petco news, plus Chubb's StreamLabs launches Scout and more.

Insurance companies are likely to upgrade their core insurance management platforms in the next two years, according to research from Novidea.

The Allianz Risk Barometer features the corporate concerns from over 3,000 risk managers worldwide.

Ford Pro Insure, RGA, Digital Owl news, and more.

Most of the legal filings accuse the title insurer and its subsidiary, LoanCare, of failing to protect the personal identifiable information of customers.

In a data-driven industry, AI can assist insurers in managing large amounts of information, create new products and accelerate decision-making.

In a connected world, cyber risks abound and understanding how to identify and mitigate them is vital to safeguarding online interactions.

DevSecOps allows organizations to proactively address cyber threats.

Digital Insurance reached out to insurance professionals about cyber risk trends.

Digital Insurance curates a list of our top five insurtech stories from the year.

Now in his second year with GNY (Greater New York Mutual) Insurance Companies, CIO Vasudevan Veeraraghavan is leading a digital transformation of the insurer's data management to support decision making.

Cybersecurity is a major concern for insurers, with a recent shutdown at AFI due to suspicious network activity showing how close to home a cyber threat can be.

Nearly one-third of public companies are using artificial intelligence in their financial reporting, according to a new survey.

Insurers are feeling the effects of the climate crisis but only 8% are currently attacking climate change head-on with strategic and proactive initiatives, according to Capgemini research.

Pan American Life Insurance found unauthorized third-parties took files that included personal information.

Cyber insurance can provide peace of mind and affect customer acquisition and retention.

These companies are leveraging AI, machine learning and cloud technology.

Insurance leaders need to address emerging challenges in API security.

Insurance carriers are potential targets for cybersecurity incidents but organizations look to them for best practices.

Digital Insurance asked ChatGPT what areas insurance carriers should prioritize related to cybersecurity.

While ransomware group Alphv/Blackcat claims to have orchestrated the incident, title insurance company Fidelity National Financial has not yet stated whether confidential data was compromised.