Remove Agriculture Remove Insurance Remove Strategy
article thumbnail

Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

According to Berenberg analysts , individual insurance companies faced total claims estimates of up to approximately USD 300 million. For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well.

article thumbnail

Australia: Consumer Data Right pipeline to cast a wide net

DLA Piper Privacy Matters

These sectors include: insurance (both general and health insurance); groceries; loyalty schemes; non-bank lenders; superannuation; transport; government; health; education; and. agriculture. Sector designation. the potential for competition and innovation in the relevant sector and the Australian economy more broadly.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Turning climate risks into business opportunities 

IBM Big Data Hub

Substantial repair costs might arise, particularly impacting insurance companies. To best prepare, organizations need to develop a climate risk strategy. In the US, the Texas Department of Agriculture identified climate change as a potential threat to the state’s food supply.

Risk 60
article thumbnail

The Internet of Things (IoT): Managing the Data Tsunami

Collibra

A tsunami of new data streams offers enormous opportunities in guiding digital transformation strategies across many industries. The Internet-of-Things has the potential to transform a range of industries – from automotive and agriculture through to healthcare, home appliances and insurance services.

IoT 56
article thumbnail

The most valuable AI use cases for business

IBM Big Data Hub

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

article thumbnail

The Week in Cyber Security and Data Privacy: 15 – 21 April 2024

IT Governance

Cloud, FL Source (Update) Public USA Yes 719,597 Regulator Marine Inc Source (New) Manufacturing USA Yes 630 GB Risas Dental and Braces Source 1 ; source 2 (New) Healthcare USA Yes 618,189 HUB International Source (New) Insurance USA Yes 514,477 Lee University Source 1 ; source 2 (New) Education USA Yes 387.49

article thumbnail

The Week in Cyber Security and Data Privacy: 12 – 18 February 2024

IT Governance

Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Known records breached Zenlayer Source New Telecoms USA Yes 384,658,212 ASA Electronics Source New Engineering USA Yes 2.7 Source New Manufacturing USA Yes 20,415 TECA Srl Source New Transport Italy Yes 16.7 GB AGC Flat Glass North America, Inc.