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Changes Continue in Cyber Insurance

Pure Storage

Changes Continue in Cyber Insurance by Pure Storage Blog An ounce of prevention is worth a pound of cure certainly applies to physical health. Prevention begins with having a robust cybersecurity plan in place, along with sufficient insurance to manage risk. In 2010, cyber insurance premiums totaled a mere $600,000.

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Understanding New York’s New Insurance Disclosure Requirements

Risk Management Monitor

New York’s newly-enacted Comprehensive Insurance Disclosure Requirements legislation opens the door for defendants to request that organizations disclose the details of their commercial insurance programs that may apply to a judgment in the case. This could lead to the disclosure of incorrect insurance information.

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How NeoInsurance is disrupting traditional Insurance

Advancing Analytics

Insurance Disruption. In my last blog we looked at a series of Machine Learning approaches for personal line insurance products. For a lot of traditional insurance companies that is seen as progression, but there nothing in that blog which is pushing the limits of what is possible in Insurance. Download Our App!

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10 ways AI & Machine Learning can increase insurance revenue.

Advancing Analytics

It was a great opportunity to catch up with the best and the brightest in the Insurance and Brokerage business. There were fantastic talks on the direction of the industry, and one are which is getting a lot of attention it the application of AI and Machine Learning to Insurance. At Advancing Analytics we understand Insurance.

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Four Hot Areas for AI in Financial Services

Pure Storage

Cyber insurance provider Coalition made the list, as did At-Bay, which leverages automation to quickly generate quotes and offers policyholders a vulnerability monitoring tool. Credit Approval and Insurance Underwriting In today’s app-driven world, consumers expect instant or near-instant action. Another sign of the AI boom?

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Four Hot Areas for AI in Financial Services

Pure Storage

Cyber insurance provider Coalition made the list, as did At-Bay, which leverages automation to quickly generate quotes and offers policyholders a vulnerability monitoring tool. Credit Approval and Insurance Underwriting In today’s app-driven world, consumers expect instant or near-instant action. Another sign of the AI boom?

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How to Offload Your Risk to a Third Party

MHA Consulting

There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. The Promise and Pitfalls of Insurance Insurance is the most frequently used and easiest method of risk transference.