Data and information management

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.

Digital Insurance spoke with Hareem Naveed, associate vice president of integrated analytics at Munich Re Life, about the ethical application of artificial intelligence in life insurance.

In today's hybrid work environment, companies must consider the impact of cyber risks and equip their teams accordingly.

Given the vast amounts of information collected and utilized by carriers, they are increasingly functioning as data firms and transforming more traditional practices.

Disputes about insurance liability for cybersecurity software failures bring up possibilities for public policy and regulation.

A cyber breach can cost the average U.S. business $9.48 million and affect its reputation.

Insurers that provide services within the EU or partner with EU-based financial services firms or vendors must comply with the Digital Operational Resilience Act if they exceed the applicable threshold.

Using data & AI to drive transformation in the P&C insurance industry.

NAIC's project to classify insurers' bond holdings brings quick response from the data provider, launching its classification solution.

Complexities in coverage that is offered, along with cost, keeps some from having adequate or even any coverage.

Recent high-profile incidents show how cybercrime crews are increasingly turning to more sinister techniques to try to bend major companies to their will, abetted by new technology.

Adam Lantrip, SVP, professional and cyber solutions practice leader at CAC Specialty, shares how businesses can defend themselves and ensure adequate coverage in the event of a breach.

New York Life announced Alain Biem in the newly created role of chief data science officer.

Better systems and tools for operational data can be challenging for insurers of all sizes.

To mitigate risk and harness the promise of AI, a fundamental best practice is to evaluate and assess AI systems or tools before using them.