INSURANCE

Redefining Insurance in the Digital Age

Digital advancements and data-driven insights are reshaping the insurance industry, paving the way for new competitors to enter the market. Today’s customers expect more personalized risk advice and enhanced support, while regulators require these services to be delivered securely, responsibly, and equitably. DEVFUZION’s insurance solutions are designed to meet these demands, providing comprehensive tools to stay ahead in a rapidly evolving marketplace.

Invest In Technology That
Adds Security & Value

Preparing for the unexpected is essential to maintaining seamless business operations.

By implementing strong cybersecurity protocols, comprehensive disaster recovery plans, and real-time reporting, you can ensure your business is ready to face any challenge with confidence.

COMPLIANCE & REGULATIONS

The insurance industry is subject to various cybersecurity compliance regulations designed to protect sensitive data, ensure privacy, and mitigate risks. At Defuzion, we know how important it is to stay compliant. We can help you stay in line with the following compliant acts:

  1. GLBA (Gramm-Leach-Bliley Act)
    GLBA mandates the protection of consumers’ personal financial information. It requires insurance firms to implement safeguards for customer data, including cybersecurity policies, and provide notices on privacy practices.

  2. NAIC Model Laws (National Association of Insurance Commissioners)
    These are a set of standards and regulations for insurance companies in the U.S. aimed at ensuring the protection of sensitive customer data. The NAIC’s cybersecurity model laws require insurance companies to develop cybersecurity programs tailored to their operations.

  3. HIPAA (Health Insurance Portability and Accountability Act)
    Insurance companies dealing with health insurance or healthcare-related services must comply with HIPAA, which sets standards for protecting health information. This includes cybersecurity requirements for handling, storing, and transmitting protected health information (PHI).
  4. PCI DSS (Payment Card Industry Data Security Standard)
    Insurance companies that handle credit card information, whether for premium payments or other transactions, must comply with PCI DSS to ensure the security of payment card data.

  5. ISO/IEC 27001
    Scope: ISO 27001 is an international standard for information security management systems (ISMS). While not industry-specific, it is widely adopted by insurance companies to ensure they have robust information security practices in place.

  6. CIS Controls (Center for Internet Security)
    Although not legally mandated, many insurance companies voluntarily adopt the CIS Controls to enhance their cybersecurity posture. These are a set of best practices designed to protect against the most common cyber threats.