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The smartphone application is a response to recent upticks in ransomware attacks, the company says.

Many of these dangers stem from the increasing reliance of financial services companies on outside technology firms.

The majority of the funding is designated for Texas and Florida, with most of the commonwealth's needs to be addressed at a later date.

The company's young, but aggressive strategy is changing the company's culture, says Jim Korcykoski, EVP and CISO.

Toronto-based insurer is the latest carrier to adopt voice-assistant technology as an additional communication tool for policyholders.

But IT personnel too often feel they lack the skills, technology and bandwidth to create the data-centric foundation needed.

ACA mandate repeal and medical expense deductibility may jeopardize the legislation, legislators say.

The range of technologies that are part of the AI family give carriers a lot of options in using it.

The carrier used information from the insurtech's network of sensors to respond to a weather event in Denver.

Groups say the move would destabilize the health insurance market and raise premiums.