Insurance Compliance Solution

Insurance companies need cyberCTRL to help safeguard sensitive data, enhance financial management, and ensure compliance with GDPR, CCPA, anti-money laundering and know your customer standards, Solvency II, and more.

Insurance compliance

cyberCTRL Supports Insurance Compliance

With a big focus on protecting consumers, the insurance industry faces more and more rules. Use cyberCTRL to stay up-to-date and follow the regulations for insurance.

Our team of cybersecurity and privacy experts, certified by ISACA, ISC2, and IAPP, safeguards your business 24/7, regardless of your location. We cover everything from creating and maintaining cybersecurity and privacy programs to conducting audits, tests, and ensuring compliance with regulations such as GDPR, CCPA, NYDFS, PCI, and HIPAA. Additionally, we provide training, handle incident response, and offer forensics services, making us your trusted resource for cybersecurity and privacy needs.

 

cyberCTRL Insurance Compliance Features

Regulatory Compliance

Monitor compliance, track progress, and address any gaps or deficiencies, ensuring compliance with GDPR, CCPA, and HIPAA, and more.

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Risk Management

Identify and assess potential risks that could threaten data, financial stability, operations and reputation.

Cybersecurity Management

Detect, protect, respond, recover and govern all your cybersecurity, all from one place.  

Incident Response and Reporting

Respond swiftly and effectively, minimizing downtime and expense while ensuring continuity of operations.

Find Your Insurance Compliance Solution. Protect Your Business

TMG has provided us with full management of our technology infrastructure for many years. This has included network management, server installations, computer and workstation installations, and help desk and user support, along with strategic consulting. TMG’s timely 24-by-7 services, outstanding response time, and dedication to our needs have not waned over the years. Their services have proven invaluable to our organization: the fact that we can depend on TMG to address any and all technology issues has eliminated a big financial and operational burden on our business.

Andrew Hoffman

VP , Clarendon Management Corporation

Insurance Compliance Solution - FAQS

What are the benefits of implementing cyberCTRL in insurance?

  • Enhanced regulatory compliance: cyberCTRL ensures alignment with complex regulations, minimizing financial burdens from non-compliance.  Proactive GRC practices make audits smoother and demonstrate good control to regulators.
  • Proactive identification and mitigation of risks: cyberCTRL helps identify potential risks early, allowing for timely action to mitigate their impact. Proactive risk management minimizes operational disruptions and associated financial losses.
  • Increased Operational Efficiency: cyberCTRL streamlines processes, promotes operational efficiency, and reduces manual errors. Robust data governance ensures accurate and reliable data, leading to better decision-making.
  • Better decision-making: cyberCTRL provides insights into the organization’s compliance risks and performance. This information can be used to make better decisions about how to allocate resources and manage risk.

How is CyberCTRL uniquely positioned to protect my insurance business?

  • Support for insurance industry regulations: The system manages compliance withGDPR, CCPA, anti-money laundering and know your customer standards, Solvency II, and more. Automatically updates with evolving regulations to keep you compliant.
  • Risk management capabilities: The system can identify, assess, and mitigate risks associated with IT operations, data security, fraud, and abuse.
  • Monitoring: The system monitors the site(s) 24x7x365, constantly analyzing and prioritizing alerts.
  • Incident Response:  The system can provide resources and step-by-step guidance to recover from any cybersecurity incident.
  • Workflow automation: The system automates many tasks, including monitoring, alerting, triaging, incident response, risk assessments, reporting, and training.
  • Data analytics: The system provides holistic insights into the organization’s cybersecurity program performance starting with governance and ending in cybersecurity operations.

How can I get started with implementing cyberCTRL?

Contact us and we will be happy to walk you through it!  Here are the first steps we’ll take.

  • Assess your needs: The first step is to assess your organization’s compliance risks and needs. This will help you to determine what parts of cyberCTRL are right for you.  Our system is modular, so you only need to implement the pieces that will be useful to your organization.
  • Develop a plan: Once you have assessed your needs, we will help you develop a plan for implementing cyberCTRL. This plan will include a timeline, budget, and resource allocation.
  • Train your staff: As cyberCTRL is implemented, we will train your staff on how to use it. This will ensure that everyone is using the system to its full potential.

A successful cybersecurity program requires ongoing commitment, continuous improvement, and adaptation to evolving regulations and risks. By embracing cyberCTRL, the insurance industry can achieve not only compliance but also significant competitive advantages and long-term sustainability.

 

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