CTO / Technology
Preparing a Comprehensive Cyber Incident Response Plan
Development of a comprehensive cyber incident response plan (CIRP) flows from completion of steps 5 and 6 in the accompanying article: performing the threat, vulnerability and impact assessment and ...
P/C Insurance is ‘Hottest’ Hiring Market in Years: Labor Study
Driven by optimistic expectations about market-share growth, property/casualty insurers are hiring talent at the fastest clip in years, according to results of a recent labor study revealing that ...
Regulatory and Market Imperatives Place Cybersecurity High on Carrier Agendas
Insurance carriers, with their large repositories of high-value personally identifiable information (PII), are increasingly threatened by cyber attacks from bad actors globally. Such attacks could ...
Investing in Innovation: AXA VC Fund Backing Climate Impact, Airfare Predictors
In late February, AXA announced the launch of €200 million ($291 million) venture capital fund backing startups bringing innovations to the insurance, asset management, financial technology and ...
Attacking Cyber Risk: NY Regulator Mandates Warranties from Insurer Vendors
Cybersecurity is likely the most important issue that the New York Department of Financial Services (DFS) will face in 2015, and perhaps for many years to come after that, New York Financial Services ...
Insurance IT Investment Will Grow in 2015, With Large Carriers Leading
Insurers plan a healthy average increase in information technology investment for 2015. But the spending hike favors larger carriers more than their smaller rivals, a new industry report from ...
Should Carriers Invest in Technology to Boost Agency Ties?
Property/casualty insurance agents—across all age groups and specializations—say their relationships with carriers are more valuable than the technology that carriers put in place to help them, a ...
P/C Insurers Expanding Predictive Modeling, Usage-Based Offerings
Property /casualty insurance executives believe that over the past six years predictive modeling has become an essential or very important driver of improved performance and they are broadening their ...