(Broker World Magazine) As technology evolves, so do the risks associated with cyber threats in the insurance industry. With the increasing digitization of processes and the growing volume of sensitive data, cybersecurity, and compliance have become paramount concerns for brokerage insurance firms and independent producers alike. It is imperative for industry professionals to prioritize cybersecurity measures to protect their clients, their businesses, and their reputation.
Buckler’s Founder and Chairman, Vincent Guyaux states, “Cybersecurity, and the regulatory requirements around it, went from suggested to required and from attestations to evidence-based. Adhering to cybersecurity regulations isn’t just a legal necessity; it’s also essential for preserving the confidence of clients and stakeholders.”