Remove Insurance Remove Paper Remove Security
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How to Eliminate Paper Processes

AIIM

Despite the proven operational improvements to be gain by going paperless, paper is still prevalent in too many core business processes today including loan applications, insurance claims, and customer onboarding. Steps to Eliminate Paper. What are the Benefits of Eliminating Paper Processes?

Paper 217
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Insurance and Ransomware

Schneier on Security

Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. Although it is a societal problem, cyber insurers have received considerable criticism for facilitating ransom payments to cybercriminals. Often, that’s paying the ransom. News article.

Insurance 117
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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance

But as a reminder, here are some key facts about the CrowdStrike incident: CrowdStrike is a publicly listed security company, which provides security software to – among many other large organisations – Microsoft. The outage was caused by a bad security update rolled out by CrowdStrike. Then there’s insurance.

Insurance 104
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No more chasing paper trails – capture all your financial fax with digital precision

OpenText Information Management

As paper-based processes give way to digital solutions, one area seeing remarkable change is digital fax and capture. Forget the outdated image of clunky fax machines—today’s digital fax and capture offer a sleek, efficient, and secure way to manage information in the modern financial world.

Paper 64
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On Cybersecurity Insurance

Schneier on Security

Good paper on cybersecurity insurance: both the history and the promise for the future. From the conclusion: Policy makers have long held high hopes for cyber insurance as a tool for improving security. Cyber insurance appears to be a weak form of governance at present.

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The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. IDP Trends in the Financial and Insurance Industries. Scanning paper documents is a manual, time consuming process with high labor and hardware costs.

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Lloyd’s Will No Longer Include Nation-State Attacks in its Cyber Insurance Policies

IT Governance

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

Insurance 102