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Building a Resilient Supplier Cyber Risk Management Strategy

Everest Group

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. Not having a formal supplier cyber risk management strategy can cause compliance issues.

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Navigating the New Landscape: How DORA Regulations Will Reshape the Future of Financial Services | Blog

Everest Group

DORA framework DORA establishes a comprehensive framework for managing digital operational resilience across the financial sector. DORA focuses on five strategic pillars centered around data: risk management, third-party risk management, incident reporting, information sharing, and digital operational resilience testing.

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Insurance Technology Market Trends: Reflecting on the Recent Guidewire Kufri Release | Blog

Everest Group

Kufri’s focus on data and analytics provides insurers with deeper insights, particularly in areas like property insurance and cyber risk assessment. This enhancement allows insurers to make more informed decisions, improving risk management and underwriting accuracy.

Insurance 162
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Defining Software Value: Precursor to Successful Investments and Budgeting Decisions

Everest Group

Enterprises are increasingly adopting agile budgeting practices to drive the trifecta of value, collaboration, and risk management. Learn more about defining value in software in our webinar, Is Agile Working? The next thing to discuss is how to use forecasted value to identify and make investment decisions.

Software 130
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Unleashing the Power of Generative AI in Procurement | Blog

Everest Group

To learn about use cases and the potential of GAI technology, watch our webinar: Welcoming the AI Summer: How Generative AI is Transforming Experiences. In today’s dynamic landscape, leveraging cutting-edge GAI technology holds the promise to revolutionize procurement processes and enable organizations to stay ahead of the competition.

Analytics 130
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The Battle Unfolds: MGAs as the Next Frontier for InsurTechs, Services, and Technology Providers

Everest Group

While MGAs have the expertise and models to evaluate risk, the industry is failing to capture the full spectrum of potential losses, and simultaneously capture and analyze newer data sources. To discuss this topic further, please reach out to Vanshika.notani@everestgrp.com and Vigitesh.tewary@everestgrp.com.

Insurance 147
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Contracting for Value: Balancing Expectations and Reality in Outsourcing Engagements | Blog

Everest Group

We also observed the scope is expanding into adjacent and/or non-traditional areas such as risk management and compliance and environmental, social, and governance (ESG). This approach not only fosters collaboration between the provider and enterprise but also builds an alliance as both parties work hand-in-hand towards a common goal.