insurance

Why Insurance players MUST attend the Cybersec conference!

Qn. I am an insurance practitioner? Why should I participate or sponsor the 3rd annual cybersecurity and risk management conference? A: Insurance sells a promise and relies on trust. The industry has also undergone a tremendous change in the way the business is conducted from risk assessment and underwriting to onboarding, service delivery, and on-going …

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Everyone is a potential fraudster. Here is why

For the last ten years, since Institute of Forensics and ICT Security (www.forensicsinstitute.org) started fraud awareness initiative, I have visited several organisations and met with so many CEOs and top managers in the region. Most of the leaders don’t want to acknowledge the extent of the fraud problem within their organisations. Yet the statistics are …

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Risks in the Insurance Sector

Managing compliance risk is crucial in the challenging environment of the insurance industry. However, because of increased consumer awareness and expectations, evolving business models, new technologies with emerging risks, new waves of regulations, and an unprecedented level of sanctions, insurance companies must revise their risk strategies and invest heavily in compliance. 4 emerging risks for …

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