The Insurance industry is facing extensive operational challenges with disruptive market and consumer changes leaving insurers with no choice: innovate or die.
As a result, many are undertaking a complete top-to-bottom transformation. One such U.S insurer is…Continue
Added by Francesca Lehning on September 26, 2016 at 6:02pm — No Comments
Wells Fargo recently paid $185 million in penalties – the highest fine levied by the Consumer Financial…Continue
Added by Steven Minsky on September 23, 2016 at 7:00pm — No Comments
Added by Enrique Raul Suarez on September 23, 2016 at 6:21pm — No Comments
The iPhone has a vulnerability called the Signaling System 7 (SS7) that allows crooks to hack into the device.
This was demonstrated on a recent “60 Minutes” episode in which a U.S. congressman (with his permission) had his iPhone hacked by German cybersecurity experts. The white-hat hackers got his phone number and eavesdropped on the conversation.
Penetration of the flawed SS7 makes it…Continue
Added by Robert Siciliano on September 22, 2016 at 4:58pm — No Comments
What's your biggest cybersecurity risk? Chances are it's that you're using the wrong methods to assess that risk!
Douglas W. Hubbard, author of big sellers How to Measure Anything and The Failure of Risk Management, now has done a new book, How to Measure Anything in Cybersecurity Risk. He and I are teaming up to offer a one-day short course on the subject at the Holiday Inn in Rosslyn (Arlington), Virginia, Thursday, October 6. The course includes training in calibration of your…Continue
Added by Douglas A Samuelson on September 22, 2016 at 4:12pm — No Comments
Commonwealth Capital LLC, a venture capital management company, announced today that it has launched the Commonwealth Capital Income Fund-I to provide investment capital exclusively for startups and early-stage companies.
The company also launched a new microsite at www.commonwealthcapital.fund to assist…Continue
Added by Charles David Dreher on September 19, 2016 at 10:11pm — No Comments
When building a business case for risk management software, independent validations of customer success stories speak louder than marketing claims. Winona Health won the 2016 GRC Value Award, granted by industry analyst firm GRC 20/20. Winona’s…Continue
Added by Steven Minsky on September 19, 2016 at 5:51pm — No Comments
Added by Enrique Raul Suarez on September 18, 2016 at 6:06pm — No Comments
Web of Debt…Continue
Added by Enrique Raul Suarez on September 18, 2016 at 12:16am — No Comments
Many years ago when you were on vacation, before Facebook, Instagram and Twitter were invented (assuming you were an adult then), you had a great time, right? You weren’t “connected,” because there was no social media to be connected with.
If today you can’t imagine being disconnected from social media while on vacation, ask yourself how this can be, if years ago, you never missed what had not yet been invented.
And what about constantly checking e-mail while…Continue
Added by Robert Siciliano on September 15, 2016 at 4:32pm — No Comments
Wells Fargo, till recently, had earned itself a good reputation as a financial institution mainly due to the fact that it escaped from the Recession largely unscathed. That has come under huge scrutiny with the latest scandal that has hit the bank. It has been accused of creating 2 million fake account in the form of bank account and credit cards in the name of existing…Continue
Ahead of the Operational Excellence for Insurance summit in Hartford, Connecticut, October 17 - 19, 2016, we’ve brought together three thought leaders to…
Added by Francesca Lehning on September 14, 2016 at 3:09pm — No Comments
Who’d ever think those silly little yellow circular faces and other such cyber symbols would become such a worldwide smash? I’m talking about emoticons, also known as emojis. Five years ago Apple put an emoji keyboard on its mobile devices. Six billion of these doggone things are sent every day.
But a story at kdvr.com says this isn’t as innocent as it seems.
The story mentions Sheila Allison…Continue
Added by Robert Siciliano on September 13, 2016 at 4:02pm — No Comments
I remember my days running chemical plants for what was then ICI. I was a shift supervisor on the PA Plant at Rhodes. It is now a major shopping and residential apartment area. The world progresses and so have I. I hope you have too and you have become more a puller than a pusher.
When you run a continuous process chemical plant, the money is in keeping it online 24/7 and running as close to maximum production as you can. However, just like we need a holiday, the plant needs downtime.…Continue
Added by Bryan Whitefield on September 13, 2016 at 9:20am — No Comments
As customers demand more, the insurance industry has to listen or lose out. An effective voice of the customer programme (VoC) will not only create an environment for continuous improvement, but also provide a competitive advantage in an increasingly crowded market. With more insurance companies conducting their own customer research, PEX Network spoke to Lisa Schilling, Vice President, Health Care Performance Improvement, Kaiser Permanente, about bringing the…Continue
Added by Francesca Lehning on September 12, 2016 at 11:52am — No Comments
Ahead of the 3rd Annual Operational Excellence in Insurance, the PEX Network caught up with key speaker Allstate's CI Methodology Lead, Howard Grunwell to get a snapshot into how the…
Added by Francesca Lehning on September 12, 2016 at 11:46am — No Comments
The response from the market to this timely meeting has been exceptional, with a number of the most senior Opex insurance professionals confirmed to attend.
If you’d like to see the full list of attendees please…
Added by Francesca Lehning on September 12, 2016 at 11:31am — No Comments
“Digital transformation means providing all our clients the possibility to interact with us via the channel they want, when they want. As a client experience leader, we will follow the client journey across all interaction channels”
You think you are ready for the digital transformation, but do you have the right foundation in place? Having a clear performance framework is the starting point for a successful digital transformation journey.
Added by Francesca Lehning on September 12, 2016 at 11:24am — No Comments
What does Cyber Security Information look like?
Added by Sohayla Fitzpatrick on September 9, 2016 at 2:53pm — No Comments
Five key areas of risk in related to CLM:
Added by Sohayla Fitzpatrick on September 8, 2016 at 5:55pm — No Comments