Data security

Artificial intelligence tops insurance executives' priorities, with over 50% citing it as a key focus. However, challenges remain in AI preparedness and workforce reskilling.

Just as cyberattackers appear to be applying the technology to create identities for fraudulent claims, insurers are beginning to talk about how to deploy it to defend against this threat. Gartner, American Family and the Intentional Futures consultancy describe these developments.

Life insurers can only maintain policyholder' trust if holistic cybersecurity solutions are put in place.

Online information creates new opportunities to identify fraud while fraudsters use technology to challenge claims workflows.

The vast majority of damages from last month's CrowdStrike Holdings Inc.'s global IT outage will go uninsured, according to new estimates from Guy Carpenter and CyberCube Analytics Inc.

Humana expands partnership with Google; Arch acquires Allianz MidCorp and Entertainment insurance business; Coalition introduces active cyber insurance in Germany and more insurtech news.

Tamar Shapiro will join MetLife as chief data and analytics officer and Dan Antilley will be the chief information security officer.

The CrowdStrike update debacle continues as businesses file claims under their cyber and insurer Parametrix estimates $5.4B in losses.

A failed software update affected businesses worldwide, but what role will insurance play in covering the anticipated losses?

Marsh, the world's largest insurance brokerage, said that dozens of its clients are preparing to file claims in the wake of a global computing outage that disrupted airlines, banks and government agencies.