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South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe

TechCrunch

Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however , this sector hasn’t raced to the stage as quickly as say, payments or lending. Image Credits: Root.

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What the Digital Operational Resilience Act means for you

CIO

As security risks grow more complex, government agencies are emphasizing new regulations to help lay out what businesses need to do to protect their IT infrastructure while also establishing IT security standards. Is your IT security infrastructure ready for future regulations? So, with no time to waste, where should they get started?

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TrustLayer raises $6M seed to become the ‘Carta for insurance’

TechCrunch

TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 Twenty of the top 100 insurance agencies in the U.S. (as BrokerTech Ventures (BTV), a group consisting of 13 tech-focused insurance agencies in the U.S. million in a seed round.

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Learning to Love Audit and Compliance - It’s Possible

Tenable

Securing running workloads in the public cloud and meeting compliance standards are non-negotiable for most organizations. As a result, audits and compliance exercises can cause delays and anxiety for security and compliance teams. One reason some standards are abstract is that security is not a one-size-fits-all practice.

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IT Compliance: Understanding Its Purpose and Benefits

Kaseya

IT compliance refers to a set of statutory rules and regulations that businesses must follow to minimize the threat of a cyberattack and keep their systems and processes secure. What is IT compliance? What is the purpose of IT compliance? What is a compliance standard?

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CISOs are not just the keepers of our data – they must be its custodians

CIO

The current compliance landscape The volume of digital data produced and collected is higher than ever before, and privacy compliance aims to ensure that this information is handled appropriately at every stage. The compliance landscape is becoming ever more intricate and complex in response to increased cyber threats.

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Revolutionizing Auto Insurance: How InsurTechs are Lowering Auto Insurance Costs with Usage-Based Policies

Trigent

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.