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How generative AI delivers value to insurance companies and their customers

IBM Big Data Hub

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Fall 2020 National Meeting (Fall Meeting) December 3-9, 2020. NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Insurance groups will be exempt from filing a GCC if.

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ICAWOOD Chooses Everteam’s “Fidji” Cloud-based Document Management System for its Real Estate Assets

Everteam

ICAWOOD Chooses Everteam’s “Fidji” Cloud-based Document Management System for its Real Estate Assets. 23 July 2020. It is also possible to enrich the metadata and the management rules linked to each type of document to stipulate, for example, legal retention periods or a level of confidentiality.

Cloud 52
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Ask Fitis, the Bear: Real Crooks Sign Their Malware

Krebs on Security

Shortly after Russia invaded Ukraine in February 2022, someone leaked several years of internal chat logs from the Conti ransomware gang , and those logs show Megatraffer was working with the group to help code-sign their malware between July and October 2020. WHO IS MEGATRAFFER? 16, 1982 and residing in Moscow.

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Hackers Were Inside Citrix for Five Months

Krebs on Security

In a statement released at the time, Citrix said it appeared hackers “may have accessed and downloaded business documents,” and that it was still working to identify what precisely was accessed or stolen. 10, 2020, Citrix disclosed additional details about the incident. 13, 2018 and Mar.

Passwords 358
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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.