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Cyber Insurance For Small Business: Why You Need It And How to Get Covered In 2025

LAN Infotech

This is where cyber insurance comes in. Let’s break down what cyber insurance is, whether you need it and what requirements you’ll need to meet to get a policy. Let’s break down what cyber insurance is, whether you need it and what requirements you’ll need to meet to get a policy. What Is Cyber Insurance?

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Women in Insurance: Q&A with Nancy Mellard, Chair of The Council of Insurance Agents & Brokers

Chisel AI

The insurance industry has to identify and evaluate diverse talent looking at new skill sets and work experience that, traditionally, were either not utilized or valued during the selection process. This additional lens for selection offers a fresh perspective on talent.

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Why Crisis Management Planning Should Be On Your To-Do List

Bernstein Crisis Management

Legal and Compliance: For many industries, having a crisis management plan can be a legal or insurance-mandated necessity. Key Components of an Effective Plan Risk Assessment: Identifying and evaluating potential crisis scenarios. Communication Strategy: Ensuring clear, timely communication internally and externally.

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So Much Tech, So Little Progress: We Need a Framework for Evaluating Solutions

Chisel AI

Insurance underwriting has come to a crossroads. The digital and information revolution that started a generation ago has now created pain points within insurance that will need to be solved yesterday.

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10 ways AI & Machine Learning can increase insurance revenue.

Advancing Analytics

It was a great opportunity to catch up with the best and the brightest in the Insurance and Brokerage business. There were fantastic talks on the direction of the industry, and one are which is getting a lot of attention it the application of AI and Machine Learning to Insurance. Assessor assistants – Think Hal 9000 but for Insurance!

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Managing Third-Party Risk in Healthcare Supply Chains

Reciprocity

Beyond these fines, costs multiply quickly: breach investigations, patient notification and credit monitoring, cybersecurity improvements, increased insurance premiums, and lost revenue from disrupted operations. The ripple effects impact lab result processing, medical imaging, and insurance claim submissions.

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What Is Cyber Extortion? Tips for Securing Your Data

Pure Storage

Also, cyber insurance premiums have risen dramatically as insurers face increasing claims, further straining budgets. If using vendors or contractors, evaluate their cybersecurity practices to ensure they dont introduce vulnerabilities. Businesses sometimes spend upwards of $1.4