Four Steps to Becoming a Data-Driven Insurer

In this webinar, we discuss why insurers have frustrated customers for so long - and what they are finally starting to do to remove the problems.

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.

In late 2021, we were presented with what Mark Zuckerberg has described as “the successor to the mobile internet”. The metaverse has the potential to reimagine Internet 2.0 from the ground up, right at a time in which the insurance industry is still making its own transition to Internet 1.0. In this event we will discuss what insurance products could look like within the bounds of the metaverse. What impact will this technology have on the way in which insurance products are bought and sold? And more than just being a distribution platform for insurance products, will the metaverse present a new range of insurable risks?

When you’re making crucial underwriting decisions for the commercial properties in your portfolio, it helps to know when and how the data you’re relying on was collected. With more than 15 million commercial properties in the United States, it’s impractical to visit each one in person every year—even with the help of our team of 400 field representatives. InsurTech has opened the door to virtual, mobile, and automated strategies that can refresh data more frequently—helping you compete more confidently in the fast-paced commercial property market.