Cybersecurity Insurance for Credit Unions

Insurance is an important factor in most commercial and property transactions. Many aspects of insurance law have been evolving rapidly in recent years. Legislative reform is also now likely.This webinar will examine current issues associated with professional indemnity insurance, subrogation claims, and the implications stemming from the Ministry of Business, Innovation and Employments insurance law reform project.

IFRS17 is likewise the most revolutionizing regulatory journey in the Insurance industry. Since it’s significantly changing the way insurers will report their financial results, it is equally impacting their multi-year business forecasts. How can insurers manage performance in an IFRS17 world? How to model plans in IFRS17? Watch this On-demand Webinar with Insurance and IFRS17 Experts from Deloitte and learn how Anaplan: orchestrates data from across the business in a highly collaborative and open manner to help life insurers’ transition to the new IFRS 17 regime beyond compliance; leverages actuarial model outputs and profiles to simulate cash flow projections and stacking for in-force and new business insurance contracts; facilitates the presentation of financial planning results and key metrics under both IFRS 17 and 4 frameworks to support informed decision making increases collaboration among various teams, including Underwriting, Investment, Finance, and Management, in the process of planning, budgeting and forecasting.

Majesco’s second annual SMB research study builds on the insights uncovered last year by assessing the year-on-year growth in behavior changes across generations and business sizes, as well as diving deeper into the disruptive implications of expectations, innovations and competition for new insurance products and business models that have emerged into the market over the last couple of years.

With today’s fast-growing competition and the demand for technology advancements, insurance providers are under more pressure than ever before to deliver service at speed and improve digital experience for customer at a reduced cost. It’s high time that insurers accelerate adoption of automation technologies like hyperautomation to augment their business processes and unlock long term business value.