With all of the connectivity that cloud permits, and sophisticated dynamics at play in figuring out who has the duty to course of and shield PII, insurers must work with their ecosystem companions to guard the information of their prospects and staff.
On this Insurance coverage Information Evaluation, we had been delighted to welcome Aaron Davidson, International Head of Insurance coverage at ServiceNow to debate how insurers are adjusting to the calls for of know-how and operations and providing prospects the merchandise and experiences they count on.
We focus on how comfort and safety are sometimes trade-offs in a extra linked world as evidenced by this story of how a financial institution government’s private data, and materials personal enterprise information, had been retained in {hardware} resold from a complete loss automobile.
As insurers are these complexities and trade-offs, they nonetheless should be positive they’re providing prospects the coverages they want. We focus on how components like inflation and provide chain disruption are altering the chance panorama and in an business the place retention is essential, how insurers want to assist corporations to perceive the protection they want.
In cyber insurance coverage, the place there’s much less information to go on when it comes to loss historical past with a view to precisely assess threat, we focus on how insurers can navigate these uncharted components of the chance panorama.
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