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July 15, 2022

Total Financial taps DigitalOwl to enhance underwriting process

Total Financial has turned to DigitalOwl to produce a Digital Underwriting Abstract in a bid to streamline its underwriting process.

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Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

DigitalOwl’s technology is designed to deliver a Digital Underwriting Abstract of a customer’s medical record in the form of an interactive document in hours versus days.

The solution is said to cut down extensive and lengthy medical records to a handful of pages. The company says this will allow underwriters to spend their time on risk selection, instead of scanning through pages of often redundant records.

Total Financial president and CEO Diana Greenberg said: “DigitalOwl’s Digital Underwriting Abstract provides an industry-leading and forward-thinking approach which complements our concierge underwriting services, providing the detail and high-quality analysis Total Financial strives to provide to our clients.

“The companies we represent, several of whom we lead every year, value our input and consult with us to keep them on the cutting edge of the brokerage world. Our access to powerful technology tools, unmatched underwriting, and access to industry experts is unparalleled in the brokerage community.”

DigitalOwl recently launched V3 to enhance customisation for Underwriting. This solution is designed to highlight preferred risk factors and offer a detailed analysis for all the data needed to underwrite key impairments.

DigitalOwl Life Insurance vice-president Jennifer Richards said: “Total Financial quickly embraced the DigitalOwl Digital Underwriting Abstract because they recognized how our product could streamline their review by providing a comprehensive yet concise view of significant medical conditions.

“This, in turn, only enhances Total Financial’s relationship with the agents they support and their partner carriers. It’s a win-win for everyone.”

Free Whitepaper
img

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

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