Data and information management

The top five states have an average of 603.94 cybersecurity-related searches per month per 100k residents.

A cyberattack at 12 MGM Resorts became a textbook case for cyber liability insurance.

UBI and telematics program information from the top auto insurers.

The transaction is expected to close early next year.

The cost of a data breach has risen 15% over the last 3 years, and ransomware costs have jumped 13% in the last year.

CSAA Insurance Group will use the Arity IQ Network, which uses driving behavior data to quote auto insurance policies.

While only 48% of startups believe they are likely to face a data breach or ransomware attack, the actual number affected is much higher.

Digital Insurance reached out to several insurance professionals to gain insight into what parametric insurance is, when it's triggered and how access to data plays a role.

The private equity firm is planning to solicit interest in the Waltham, Massachusetts-based company in 2024, said the people, who asked not to be identified discussing confidential information.

Panelists emphasized the significance of a comprehensive data strategy and ethical AI use, along with the industry's potential for innovation.

The insurer detected unusual activity in the network last week.

Strategy executive Michael Mahaffey spoke about how the insurer's digital transformation is an ongoing effort, and the accelerated evolution of technology he sees.

Adopting data profiling and machine learning could propel the industry into a future of enhanced efficiency, better risk assessment and superior customer experiences.

Employee data holds great potential for maximizing the value of employee benefit programs.

Mind Foundry has raised $22 million in funding, the latest sign of growing demand to deploy AI.

As technology advances, risk assessment becomes increasingly complex and requires more advanced techniques.

Don Vu, who previously worked at Northwestern Mutual and WeWork, will lead a new AI and data team.

Consent and preference management systems, catching on with insurance carriers to leverage customer data for marketing, have the potential to balance that with privacy regulation compliance, according to a Madison Advisors report.

Understanding what factors lead insurers to deny claims can help businesses avoid problems that could undermine their coverage.

It is essential to keep in mind several regulatory considerations regarding data, cybersecurity, fairness and inclusion to stay ahead of the evolving supervisory and regulatory trends.