Insurtech Partnerships and Collaborations: An Investment in Success

Insurtech Partnerships and Collaborations: An Investment in Success

Insurtech Partnerships and Collaborations: An Investment in Success Back in 2022, Fitch Ratings anticipated a significant rise in partnerships between insurance companies and insurtechs in the coming years. Now, in 2024, we're witnessing that prediction materialize as these partnerships have indeed surged in number. Insurance companies teaming up with insurtech...
Insurance Compliance Challenges: 5 Key Areas Where Technology Can Help

Insurance Compliance Challenges: 5 Key Areas Where Technology Can Help

Insurance Compliance Challenges: 5 Key Areas Where Technology Can Help Compliance plays a critical role in the insurance industry, ensuring that carriers and wholesaler companies follow the legal, ethical, and regulatory standards that govern their operations. As a result, companies are in a better position to:Protect the interests of their clientsImprove...
Understanding SOC 2 Type II Compliance in the Insurance Industry: Part II

Understanding SOC 2 Type II Compliance in the Insurance Industry: Part II

Understanding SOC 2 Type II Compliance in the Insurance Industry: Part II In part one of this article, we discussed how many insurers and wholesale agencies are fortifying their cybersecurity measures by ensuring the third-party vendors/systems they integrate with are SOC 2 Type II compliance certified.  Here, in part two,...