InsurTech Magazine November 2020 | Page 57

Using expert insights from Capgemini and kompany , we determine the best way to maintain a compliant and digitally secure presence in insurance

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s insurance becomes increasingly digitised , regtechs are gaining prominence as guardians of IT security . Consisting not simply of ‘ cyber defense ’ programmes in this context , but rather the methods by which
an insurer can remain fully compliant with regulations at all times , IT security for the industry has reached a difficult stage in its development . As the landscape continues to shift and old protocols no longer hold true , InsurTech Digital sought out information on how companies are using pioneering technologies – including blockchain , data analytics , artificial intelligence ( AI ) and automation – to eliminate cyber threats and enhance the customer experience through improved transparency .
Providing guidance on how insurance companies can enact the highest standards of IT security are Chris Heaven , Global Head of Cybersecurity Go to Market ( GTM ) at Capgemini , and Russell E . Perry , Founder and CEO of Austrian regtech platform ‘ kompany ’.
57 insurtechdigital . com