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

QuoteWizard Increases Engagement Rates and Improves Lead Quality with Conversica

Sometimes we make the business of business seem overly complicated. After all, at a high level business is about getting leads, closing deals and keeping existing customers happy. And, it is about doing so efficiently, effectively and profitably. In this context, the two items about efficiency and effectiveness are the drivers of why there is such intense interest in technologies that automate workflows and business processes from the back office to customer facing capabilities. [ Read More ]
01/14/2015

Alfa Insurance Partners with Cigniti Technologies

There is an old saying in the U.S. that is a bit coarse but makes the point and goes as follows: "Put your money where your mouth is." In a much less blunt and very positive way Alfa Mutual Insurance Co. is doing just that. It is investing in the quality of its mission critical software by partnering with Dallas,TX-based Cigniti Technologies , the world's third largest software testing company, to establish a dedicated Test Center of Excellence (TCoE). [ Read More ]
01/14/2015

Intellect SEEC Forms Partnership with OutsideIQ to Improve Insurance Risk Analytics

If there is one question insurance underwriters continually ask themselves is, how effectively are they assessing and pricing risk? This of course is a very complicated question, requiring the analysis of massive amounts of data about the particular asset the company is willing to insure. The evolution of information and communication technologies has allowed the world we live in to generate actionable insights from readily available data to make informed decisions about a myriad of subjects, an… [ Read More ]
01/14/2015

Sapiens Unveils Core Upgrade to its General Insurance/P&C Suite

In the past several months there have been a series of reports and articles written about how technology is rapidly disrupting all aspects of the way in which insurance is provided, claims are handled and customer are engaged. While all of the things going on with the disruptions caused by the advent of the "connected car" are grabbing the headlines, there is hardly an insurance line-of-business that is going untouched. And, as the postings have pointed out, and industry observers have recommend… [ Read More ]
01/09/2015
FREE Insurance Technology enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!