Achieving Digital Transformation in Insurance

Ransomware and other cyber-attack vectors have increased at a rapid pace over the last few years, and more companies have been forced to pay the ransom amounts. This results in higher expenses for attack mitigation and recovery, increased costs from downtime, loss of customers, and regulatory fines. Cyber insurance companies have also stepped up their requirements to ensure that financial institutions have the proper layers of defense in place prior to even offering a policy, which has driven down the number of policies being written. During this timely on-demand webinar session, Paul McCulloch, Product Manager for the new Jack Henry Cyber Liability Insurance offering, and Tom Williams, Business Continuity Strategy Manager, will discuss the changing landscape and what you can do to ensure you have the proper coverage in place to protect your institution and shareholders.

Risk engineering is a combination of multiple engineering disciplines incorporating both theoretical and practical methods for its main purpose of ‘’Loss Prevention’’. Risk engineers mainly work with insurance companies to reach all types of businesses globally where they provide solutions to help manage loss control, mitigate risk and improve safety. There are number of tasks which the risk engineer will have responsibility over

This webinar will look at a wealth of changes to the law brought in by the Insurance Distribution Directive. Topics to be covered include: What does the Directive say? Customer’s best interest rule, Organization and professional requirements, Information requirements and Conduct of Business Rules, Cross-selling and bundled products, Remuneration & Product governance and disclosure.

Celent’s Tom Scales explores the future of an industry. Drawing on a recent report, Tom delves into his prognostications for the future as well as those of fellow analyst John Barr. The industry is changing at a rapid pace, from digital transformation, to fluidless underwriting, to transparency in compensation.