The Importance of Proper Cyber Liability Insurance

The Importance of Proper Cyber Liability Insurance
Practically all businesses depend on computer systems for some part, if not all aspects, of the function of their businesses. Therefore, it is critical to have the right cyber liability insurance in place, should a cyber security breach occur. Protect Your Customers You maintain your clients’ sensitive material. Should any information be illegally accessed or ...

3 Ways Big Data Can Improve the Insurance Process

3 Ways Big Data Can Improve the Insurance Process
Big data is a term used to describe large sets of information that can be analyzed to gain insight and understand implications. The insurance industry has been greatly benefited by big data. Insurance big data improves the process in the following ways. Exposes Fraud: When a fraudulent case came to an insurance agent in the ...

Be Prepared for the Costs of Technological Errors and Omissions

Be Prepared for the Costs of Technological Errors and Omissions
In today’s digital society, businesses rely heavily upon computers and digital programs to complete their daily tasks and job duties. When technology goes awry or small mistakes are made, costly results can lead to lawsuits and other financial burdens. While you can never predict the end results of technology errors and omissions, it is always ...