Insurance Technology Featured Article

Liberty Mutual Insurance Talks Security in Recent Podcast Series

November 12, 2012

Earlier this week, during the latest edition of the HP Discover Performance Podcast Series, the discussion examined how Liberty Mutual Insurance is effectively building security more deeply into its overall business practices.

To attain the higher goals of enterprise resiliency, and deliver greater responsiveness to all varieties of risk, the topic focused on how the requirements of compliance and regulatory governance aligned with security best practices.

Dana Gardner, principal analyst at Interarbor Solutions, was joined by Co-host Raf Los, chief security evangelist at HP Software, and special guest John McKenna, VP and chief information security officer (CISO) for Liberty Mutual Insurance, based in Boston, to explore these and other security related enterprise IT issues.

Among other questions, Gardner asked McKenna about security and its importance to the business, investing procedures and its future forecasts.

McKenna stated that in terms of the threats and in terms of the kinds of technologies that are used these days to enable business, it’s pretty clear that the world has changed.

“Certainly, there's an obligation there, a responsibility to protect our customers’ information as well as making sure that our business operations can continue to support those customers,” he added.

As mentioned by McKenna, people need to make sure that they are as secure as they need to be. Moreover, to support its customers, McKenna believes that its employees need to be protected to enable them to work and get the job done.

McKenna spoke about technology landscape and stated that for the bad guys to take advantage of everything from mobility platforms and social networking to cloud computing, they are introducing different attack vectors and different opportunities.

He concluded his point by stating that in the Fortune 100 list, it is a global company. Having $35 billion in revenue, it has about 45,000 employees worldwide. It offers products across the personal and commercial lines products, or P&C, and life insurance products.




Edited by Brooke Neuman

Article comments powered by Disqus

Related Insurance Technology Articles

Miniter Group Upgrades Insurance Tracking Software with OCR

Miniter Group, a provider of software for business in the insurance industry, recently announced the latest upgrade to its Borrower-Centric Insurance Tracking software, which includes the major addition of optical character recognition technology. [ Read More ]
03/02/2015

SS&C Launches Services to Manage Insurers' Non-traditional Investments

SS&C Technologies Holdings, Inc., a provider of financial services software and software-enabled services, recently launched a new accounting and reporting service for insurance and reinsurance companies looking to better manage non-traditional, high-risk assets such as Schedule BA and syndicated bank loans. [ Read More ]
03/02/2015

Independence Holding Company Platform Administers Health Products on Private and Public Exchanges

As those who live in the U.S. have become more than aware in the past few years the administration of health care exchanges, be they public or private, is an extremely difficult to do not just correctly but cost-effectively as well. News from Independence Holding Company is that IHC Health Solutions, Inc., which administers multiple health insurance lines of business for IHC's carriers and other insurance companies, has launched EbixEnterprise, a state-of-the-art system in conjunction with Ebix,… [ Read More ]
02/26/2015

PROS Cameleon CPQ Provides Insurer AG2R LA MONDIALE Greater Agility and Flexibility

PROS Cameleon CPQ enables French insurance group AG2R LA MONDIALE to expand its multi-channel sales capabilities. [ Read More ]
02/25/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!