RISK SECURITY/Cyber Security
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Concierge Cyber Bolsters Expert Cyber Team
Staff Writer | September 23, 2021
- Hardening cyber insurance market heightens demand for experts...
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Tech, Processes, and a Plan
Bill Tidwell | August 27, 2021
Keys to closing security gaps center on safe communication...
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Cyber Insurance Startup At-Bay Closes $185 Million Series D
Staff Writer | July 30, 2021
Company reaches major milestones on the eve of its fifth anniversary...
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Talage Announces Partnership with Cowbell Cyber
Staff Writer | July 23, 2021
Digital solution simplifies purchase of small commercial cyber coverages for Cowbell’s agents and customers...
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Lowers Risk Group Launches Periculus, Digital Risk and Insurance Platform for SMBs
Staff Writer | July 15, 2021
New platform designed to protect SMBs from digital risk by enabling them to assess, quantify, prioritize, and transfer cyber risk...
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Chubb, Waffle Team Up on Blink Cyber Protection
Staff Writer | June 02, 2021
Blink’s Cyber Protection will be sold through Waffle...
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Waffle Closes $5 M Total Seed Funding Round and Launches All-In-One Insurance Solution
Staff Writer | May 20, 2021
Consumer insurance solution is bringing top-rated nationwide coverage to all 50-states in a few clicks...
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Electronic Chat with Trent Cooksley, COO and Co-Founder, Cowbell Cyber
Staff Writer | May 03, 2021
Cowbell Cyber, based in Pleasanton, Calif., enables “cyber insurance 2.0” by delivering a vertically integrated cyber insurance solution...
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Kovrr Successfully Completes SOC 2 Type II Certification
Staff Writer | December 08, 2020
Completion highlights company’s commitment to advanced security and process standards...
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Grupo Ageas Portugal Selects FRISS For Customer Fraud Protection
Staff Writer | October 29, 2020
Real-time FRISS solution combines risk and fraud indicators with predictive models, network analysis, and text mining...
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Nationwide and Generali Global Assistance Partner to Enhance Identity Theft Protection
Staff Writer | October 14, 2020
ID Theft Insurance offers opportunity to agents whose customers need the coverage...
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Cowbell Cyber for Small Business Expands Cyber Insurance Offering into Texas
Staff Writer | September 03, 2020
Standalone, admitted cyber insurance expands across U.S. and adds coverage for banking, financial services, insurance and hospitality industries...
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Preventing Data Breaches
Scott Stephens | August 17, 2020
Five things to check when outsourcing policyholder communications...
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Digitalization, COVID-19 Spurring More IT Investment in Cybersecurity
Staff Writer | August 04, 2020
New Deloitte study finds financial institutions spending more on IT protection in 2020 than previous years...
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FRISS Partners with eviid to Help Prevent Fraud
Staff Writer | May 20, 2020
FRISS, provider of AI powered risk and fraud solutions to P&C insurers, announced their partnership with eviid, leading provider of innovative...
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Celent Study: Most Small Businesses Still Unclear on Importance of Cyber Insurance
Laura Mazzuca Toops | March 18, 2020
And risk increases as more employees work from home during coronavirus quarantine...
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Upstream Security Closes $30 Million Series B Investment from Renault, Volvo Group, Hyundai, Nationwide
Staff Writer | October 21, 2019
Global Syndicate - including Renault Venture Capital, Volvo Group, Hyundai, Nationwide Insurance and others - invests to protect connected vehicles...
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RT ProExec Distributes New Commercial Cyber Product with ClarionDoor Technology
Laura Mazzuca Toops | October 08, 2019
RT ProExec, a division of RT Specialty and a leading wholesale distributor of specialty insurance products and services, is delivering a new insurance...
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Seguros SURA Colombia first customer to leverage the benefits of FRISS Guidewire Accelerator for integrated fraud detection
Bill Sinn | June 17, 2019
FRISS Fraud Detection at Claims accelerator offers integrated solution with Guidewire ClaimCenter; easy to download, implement, and use within...
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FRISS and omni:us supercharging insurance with AI
Bill Sinn | June 12, 2019
FRISS, the worldwide provider of AI-powered fraud and risk solutions for the P&C insurance industry, today announced their partnership with omni:us, a...
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Greek insurance company Eurolife ERB Wins at IMPACT Bite Awards 2019 with FRISS for Automated Fraud Prevention
Bill Sinn | June 13, 2019
Eurolife ERB, a Fairfax company, has won the IMPACT BITE (Business IT Excellence) Awards 2019 in the category IT Business Process Improvement, for its...
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Carriers Enhancing Fraud Analytics Capabilities, Novarica Profiles Seven Solution Providers
Bill Sinn | May 07, 2019
Insurers leveraging AI and big data to pilot and deploy initiatives in machine learning, unstructured text analysis, image and voice recognition...
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FRISS joins Coalition Against Insurance Fraud
Bill Sinn | May 07, 2019
Established insurtech joins top insurance companies and industry leaders in the fight against fraud...
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Just How Much Are Financial Institutions Spending on Cybersecurity? An Average of About $2,300 Per Employee, Deloitte Survey Finds
Bill Sinn | May 01, 2019
Of course, money is just one aspect of a mature cyber program...
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S&P Global Ratings expands collaboration with Guidewire Software to inform cyber component of New ESG Evaluations
Bill Sinn | April 12, 2019
S&P Global Ratings, a division of S&P Global Inc. (NYSE: SPGI), and Guidewire Software, Inc. (NYSE: GWRE) today announced an increased collaboration...
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Cyber Liability Market and Assessment Vendor Market Both Growing, Says Novarica
Bill Sinn | March 07, 2019
New report provides overview of 11 Cyber Risk Assessment solutions for insurers...
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David Fisher joins FRISS board as non-executive member
Bill Sinn | February 13, 2019
Today FRISS, the global provider of fraud and risk solutions for the P&C insurance industry, announced that David Fisher has joined their board as a...
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Five Things to Consider When Evaluating Your Cyber Risk
Jennifer Dumont | February 07, 2019
Whether your company is private, non-profit or public, all types of businesses are at risk. Here are some basic tips on how to evaluate your cyber...
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Major Ransomware Attack Could Hit U.S. with $89B In Economic Damages
Bill Sinn | January 29, 2019
The region faces the highest level of economic damage in new ransomware scenario created by Cyber Risk Management (CyRIM) project. U.S. losses are...
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Electronic Chat with Jeroen Morrenhof
Bill Sinn | January 10, 2019
ITA interviews Jeroen Morrenhof, CEO of FRISS, one of the leading fraud and risk mitigation companies serving the P&C insurance marketplace...
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Nearly 50% of US Insurers Are Enhancing Security Capabilities Across the Board, Says Novarica
Bill Sinn | January 08, 2019
IT security consumes more than 10% of insurer IT budgets and even more management bandwidth, according to a new report, IT Security Update 2019, from...
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At Year End 2017, Will Your Organization Be Protected from Cyber Risks?
Keith Daniels | December 13, 2017
We are approaching one of the busiest seasons, not just for the Holidays, but for new business and renewals in the specialty lines insurance...
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ISO Launches Cyber Program with Enhanced Rating, Coverage Options
Staff Writer | July 13, 2017
ISO announces the launch of a cyber insurance program with enhanced rating variables and coverage options designed to help insurers respond to the...
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The Two Sides of Cybersecurity
Robert Regis Hyle | April 18, 2017
Insurers need to practice what they preach when it comes to cyber risk management for their enterprise and for their product offerings...
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Creechurch Underwriters in Production with Oceanwide’s Cyber Risk Assessment Tool
Staff Writer | May 06, 2016
Oceanwide announces that Creechurch Underwriters, a managing general underwriter (MGU), is now in production with Oceanwide’s cyber risk assessment...
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ISO to Collect Cyber Insurance Data to Mitigate Cybersecurity Risk
Staff Writer | April 06, 2016
ISO will collect, aggregate, and analyze cyber insurance data to help address a major issue facing today's cyber insurance market: the need for more...
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Verisk Releases Cyber Exposure Data Standard for Insurance
Staff Writer | January 19, 2016
Verisk Analytics announces that it has released what it calls the industry's first global cyber exposure data standard...
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Cybersecurity: Balancing Risk and Cost
Chuck McGann | October 27, 2015
There are ways to secure your data that don’t cost more than what you are trying to protect...
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The Federal Government and Security Standards Meet at a Dangerous Time
Robert Regis Hyle | October 12, 2015
Like a ticking clock—channel the old Jack Bauer thriller 24—our enemies, some known the majority unknown, are looking at ways to attack us...
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Xpertdoc Achieves Highest Security Compliance Certification
Staff Writer | September 24, 2015
Xpertdoc Technologies announces it has achieved ISO/IEC 27001 certification, a globally recognized standard of information security best practices...
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Insurers Staying Secure with Cyber Security Technology
Shawn O'Rourke | August 17, 2015
Threats in the insurance industry have shown no one is immune from attack...
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Insurers Face Cyber Risk Challenges from All Directions
Mitchell Wein | July 28, 2015
The message is clear, there will be regulatory pressure to do something around cybersecurity. The National Institute of Standards and Technology...
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Capacity Insurance Partners with Berkley Re Direct, IDT911
Staff Writer | July 16, 2015
Capacity Insurance announces a partnership with Berkley Re Direct and IDT911, a leading provider of services which help businesses defend against data...
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Yet Another Reminder that Security Begins with You
Robert Regis Hyle | June 23, 2015
Baseball has a long history of chicanery, but nothing like the news from last week that the FBI is investigating the breach of the database of the...
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Oceanwide Tool Assesses Cyber Risks
Staff Writer | June 19, 2015
Oceanwide announces the availability of the company’s new Cyber Risk Assessment Tool, which will help insurers identify and mitigate company-specific...
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Oceanwide's Cyber Risk Assessment Tool Now Available
Staff Writer | June 11, 2015
Oceanwide, an Insurity company, announces the availability of the company's new Cyber Risk Assessment Tool, which will help insurers identify and...
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You’ve Been Hacked: Few Surprises in Cybersecurity Study
Robert Regis Hyle | April 21, 2015
When Janeen Blanton asked the audience at a session of ITA LIVE last week to guess the number of insurance carriers where Salient Commercial Solutions...
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Salient’s Blanton Speaks at ITA LIVE on Cybersecurity Challenges for Insurers
Staff Writer | April 12, 2015
Salient Commercial Solutions announces that Janeen Blanton will speak at the Insurance Technology Association’s (ITA) inaugural event, ITA LIVE, in Ft...
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Cyber Security Gains More Regulatory Attention
Robert Regis Hyle | March 02, 2015
There are two words that throw the fear of god into the face of any insurance carrier: regulatory compliance...
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Salient, Bivio Solution Provides IPv6 Protection for High Speed Networks
Staff Writer | February 09, 2015
Salient Commercial Solutions, Inc., and Bivio Networks, Inc., announce a technology partnership. The new solution, Assure6 IPv6 Sensor for Bivio...
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Looking for a Good Night’s Rest
Robert Regis Hyle | January 26, 2015
A favorite question of journalists—and I admit to using it myself at times—is what keeps people up at night. In our case, the question is normally...
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Cyber Attacks Coming to a Business Near You
Robert Regis Hyle | November 11, 2014
As the holiday season closes in on us, it’s the time of the year when we break out our credit cards and say a little prayer that the websites we shop...
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ITA Sponsoring CLM Cyber Liability Summit
Staff Writer | September 25, 2014
The Insurance Technology Association is a Silver Sponsor for the 2014 Cyber Liability Summit presented by The CLM on October 15, at the New York...
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Just When You Thought it Was Safe . . .
Robert Regis Hyle | September 08, 2014
When my mother died, my siblings assigned me the task of sorting through thousands of old photographs and distributing anything of real sentimental...
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Where There’s Smoke, There’s Venture Capital
Robert Regis Hyle | July 21, 2014
If we needed any more reason to believe cybersecurity is top of mind for American insurance carriers, we have this: According to CNN: Venture capital...
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ISO Announces Strategic Collaboration with IDT911
Staff Writer | July 11, 2014
ISO announces a strategic collaboration with IDT911 (IDentity Theft 911) a consultative provider of identity and data risk management, resolution, and...
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The Human Operating System is 100 Percent Vulnerable
Bryant G. Tow | June 02, 2014
Cyber-attacks are through the roof. Numbers from the FBI, Verizon Breach Report, the Ponemon Institute and nearly every industry source all agree...
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You Are a Target for a Cyber Attack
Bryant G. Tow | March 19, 2014
In the insurance space, I hear a few common statements about cyber security: “I am just an independent agent” or “We are only a small regional company...
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Combatting Cyber Threats: Predict, Prevent, Persist
Carlos Fernandes | February 12, 2014
U.S. companies have become a target for hackers across the world...
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The Shame in Cyber Security Lapses
Michael P. Voelker | February 10, 2014
One word that scares insurance executives, from CEOs down to network administrators is “hacked.” The loss of data and an inability to run the company...
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INSURANCE IT NEWS
- IICF Celebrates Year-round Volunteerism with 2021 Week of Giving
- Vantage Selects Majesco Billing for P&C, Policy for P&C and Digital1st
- insured.io Launches insured.io Insights
- Concierge Cyber Bolsters Expert Cyber Team
- Plug and Play's Winter 2021 Batches Feature 153 Startups To Participate in Innovation Program
- New IICF White Paper Details the Future of Inclusive Work for Insurance
- Foxquilt Announces $8M Series A Round to Provide Customized Insurance for SMBs
- bolttech Extends Series A to $210 million
ELECTRONIC CHAT
The Email Chat is a regular feature of the ITA Pro magazine and website. We send a series of questions to an insurance IT leader in search of thought-provoking responses on important issues facing the insurance industry.
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The SaaS-based Gigaforce platform connects parties within the claims/subrogation/collection/legal ecosystem using DLT/blockchain... READ MORE
ITA LIVE 2020
ITA LIVE 2020 –SAVE THE DATE!
April 5th – 7th, 2020
The Diplomat Resort
Hollywood, FL
Become a member today to receive updates – www.itapro.org/MR
BLOGS AND COLUMNS
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Digital Drip: New Lease on Life
Robert Hunter
How the COVID pandemic has shaped the life insurance industry... READ MORE
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Transformation Corner: Core System Transformation
Karen Furtado
Inside the evolving world of core systems for P&C insurers post-pandemic... READ MORE
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Down Market Opportunities Beckon Benefits Insurers
You have surely heard it said that small businesses are the growth engine for America. Today, the phrase has a special ring to it for benefits... READ MORE
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Technology at the Heart of Change in Insurance
With stagnant growth and lingering low interest rates, the life insurance industry faces a challenging future... READ MORE
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Got Policies? IVANS Service Helps Feed Commercial Lines Producers
Finding insurance carriers willing to write commercial lines risks has always been a challenge for producers... READ MORE
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Technology Changes Coming Faster than Ever for Insurers
As Guidewire Software prepares for the start of Connections, its 11th annual user conference that begins on Nov. 2, Brian Desmond, chief marketing... READ MORE
Vendor Views
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5 Things to Consider When Modernizing a Surety System
Successful implementation requires balancing operational and emotional issues... READ MORE
- Vendor Views
Partner News
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Big Data and Insurtech: A Carrier Perspective
Insurance has always relied on large volumes of data to gauge customer behavior and more. But as big data has gotten bigger, insurtech has empowered... READ MORE
- Partner News