Insurance Sector

Secure & Technically Trustworthy InsurTechs

EInsurTechs are driving innovation and traditional insurers need to evolve.

No one likes buying insurance and therefore, attractive, simple, no-fuss products are key to the consumer. Sleek experience, easy turnaround, fast payout, no paperwork, no fuss.

In an industry that has been stable for many years, the insurance sector, vastly becoming digitally dependent, is now embracing the benefits that these insurgents can bring.

  • In commercial insurance, the focus is mainly on enabling or extending the insurance value chain and therefore InsurTechs are viewed as potential partners.
  • In personal lines insurance, this business model is under attack from a variety of cheaper, more agile digital InsurTech challengers where business is likely to take place as an online, mobile experience.

As InsurTechs enter this sector and see data analytics as their secret weapon to fuel their own business models; there is a common requirement across this industry- a necessity for the security of customer data whilst at rest, in motion or in use.

Trusted Processes

Trusted Digital End-to-End Processes

Icon

Public Key Infrastructure (PKI)

PKI ensures confidentiality, integrity, authenticity and non-repudiation of sensitive information. Encrypting data at rest and in transit guards it against theft or tampering, and guarantees that digital identity provides secure authentication of users and applications to protect against fraud.

Icon

Digital Signatures

Digital signatures leverage PKI certificates to offer the highest levels of security for regulated and sensitive document use cases such as insurance applications, claims and changes to policies. In compliance with regulations such as eIDAS, they also provide legal assertion.

Icon

Cloud Service Architecture

A hybrid cloud solution embraces eHealth architecture in an agile, seamlessly and secure environment. There is a requirement to ensure that data transfer from and to the Cloud service for all incoming and outgoing connections is encrypted.

Icon

Multi-cloud Key Management

Bring-your-own-key concept allows to securely and remotely generate & manage keys across the hybrid cloud and the complete lifecycle, retaining full control over the data, and assuring data security and privacy at any time and at any location.

Icon

Post Quantum Crypto Agility (Future Proofs and PQC)

At this time, no quantum computer can run quantum algorithms, however once they are able to, these computers will decimate the security infrastructure of the digital economy. Post-quantum crypto-agility is a necessity for the financial services infrastructure to be able to evolve in the advent of a new generation of attacks and consequently evolving cryptographic standards and algorithms.

Contact us

We look forward to answering your questions.

Get in touch with us

Talk to one of our specialists and find out how Utimaco can help you today.