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As insurers develop a more digital experience, enhanced security design controls need to be considered, including authentication. Various regulations such as GDPR (EU Law), CCPA and CPRA (California Law) increase the rights of individuals and the responsibilities of companies handling personal data - insurers need to see this as an opportunity to demonstrate trustworthiness to their customers.

Customers now expect to communicate primarily through mobile channels and experience faster and personalised offerings which combine both human and technological capabilities. This is being met by intertwining technology, processes and people. After decades of working with paper-based documents and processes, the customer now has the ability to use high-trust, secure and legally valid electronic signing solutions.

Given the severe consequences of a security breach, it’s critical to build on reliable and proven cryptographic cybersecurity solutions for Insurance Companies.

At the heart of digital transformation, data is king. And by not embracing big data, insurers can lose market strength and may face extinction.

Strong, quantum-resistant lattice-based and stateful hash-based cryptographic algorithms for encryption and digital signature use cases.