September 26, 2023

With all of the connectivity that cloud permits, and complicated dynamics at play in figuring out who has the duty to course of and defend PII, insurers have to work with their ecosystem companions to guard the information of their clients and workers.

On this Insurance coverage Information Evaluation, we have 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 clients the merchandise and experiences they anticipate.

We talk about how comfort and safety are sometimes trade-offs in a extra linked world as evidenced by this story of how a financial institution govt’s private info, and materials private enterprise information, have been retained in hardware resold from a total loss vehicle.

As insurers are taking a look at these complexities and trade-offs, they nonetheless should be certain they’re providing clients the coverages they want. We talk about how elements 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 companies to understand the coverage they need. 

In cyber insurance coverage, the place there’s much less information to go on by way of loss historical past to be able to accurately assess risk, we talk about how insurers can navigate these uncharted elements of the chance panorama.

See extra Insurance coverage Information movies.

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