360factors Blog

Risk, Compliance and Technology Thought Leadership Updates and Insights

360factor Blog

How AI in the Insurance Industry is Influencing Regulatory Changes in 2024

January 19, 2024 Sarah Hamilton

As we enter 2024, the adoption of AI in the insurance industry is not just a buzzword but a transformative force reshaping the sector. Integrating AI technologies in insurance operations revolutionizes various services, from risk a...

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6 Major Elements to Focus on for Building an Excellent Compliance Management Framework

January 15, 2024 Christine Thomas

The 2024 landscape of financial regulation and compliance management presents complicated and ever-evolving challenges for financial institutions. With fast-paced technological advancements and dynamic regulatory environments, the ...

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Elevate Your Bank’s Compliance Management Process with 6 Strategic Moves in 2024

January 10, 2024 Sarah Hamilton

The year 2024 will be pivotal for banks and financial institutions, where the compliance management process is expected to become more than just a regulatory formality—and evolve into a strategic imperative. Compliance management...

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5 Key Challenges Affecting Third Party Risk Management Systems and Their Solutions Set

January 5, 2024 Sarah Hamilton

In the current era, business ecosystems are becoming progressively interdependent, and as a result, third party risk management (TPRM) systems have become paramount in corporate strategy. When a business outsources part of its proces...

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Exploring Risk Management Trends to Impact the Insurance Sector

January 1, 2024 Christine Thomas

The insurance industry, renowned for its adaptability, has undergone a wide array of changes in recent years. The world has been shaped by macroeconomic shifts, emerging risks, and innovative business models. To succeed and thrive, i...

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A Strategy for Navigating Fraud Risks and Building Resilience in the Insurance Sector

December 29, 2023 Sarah Hamilton

The insurance sector plays a pivotal role in safeguarding individuals and businesses against various risks, providing financial protection and peace of mind. However, like any industry, the insurance sector is not immune to risks, an...

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