How P/C Insurers Are Benefiting from Better Identity Access Management
Many identity management systems began as java-based software systems but are being rewritten and upgraded to become more flexible and easier to access.
Legislators and insurance regulators are increasingly concerned with insurers ability to protect consumers' data.
Timely use of data and interaction software can alert insurers to suspicious access or customers misrepresenting their information.
As in-person and phone interactions give way to mobile, identity becomes a critical element in effective interactions.
If insurers' information falls into the wrong hands, many fraudsters will find it easy to compromise identities of consumers and their families.