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Secure configurations of devices and improved patch management can limit the risk, and those steps are crucial because many IoT devices were created with low cost taking priority over security.

Borchers comes to the recently established Allianz X by way of Deutsche Telekom where he founded another tech accelerator, hub:raum.

Allstate, AIG, and more are among the insurance companies already using artificial intelligence of some kind in the process.

Fintech startups valued over $1 billion risk being unable to sell themselves or spread their wings, say observers.

Octo U offers customers 10% premium discounts from multiple carriers to reward good driving.

Machine learning will help insurers get decisions faster, says Manulife VP Jesse Bean.

The insurer deployed several drones as part of a test of the technology following a South Texas hailstorm.

The storm is forecast to hit northwest Florida, a region of the state with lower insured property value,

The vendor wasn't aware its systems were compromised until four months after the hack.

About half of end users surveyed said their organizations would accept more risk to corporate data in order to maintain productivity.

Insurers are responding to the increased frequency and complexity of cyber threats by inadvertently putting higher security burdens on customers when they release new digital tools.

As Hurricane Harvey bears down on the Texas coast, a look back at other storms that put the industry to the test.

Insurers can benefit from a re-orienting of traditional markers of business success for the digital age.

The company is the second insurer to join the R3 Consortium of financial companies iterating on blockchain technology.

The insurer learned on June 27 that contact sheets used for sales purposes had been accessed and “possibly viewed.”

Effective immediately, Richard Lowery will oversee the insurance holding company's information technology strategy.

The Japanese insurer partnered with Cambridge MobIle Telematics to launch a new program.

Technology giants are jumping at the chance to help build the storage for exchanges via their cloud services.

Despite their popularity, IoT devices present significant and unique security risks to consumers and businesses.

NYSIF will utilize PatTech's cloud-based platform to provide real-time payment processing for customers.