Safely under lock and key

Data protection is one of the biggest challenges the industry has faced in recent years and, while the storage of data on computers has meant quicker response times and savings for brokers, insurers and customers, it also has its problems, as Jane Bernstein writes

Data protection has become a pressing issue in recent years. The increasing amount of data held on computers has brought greater efficiency across the insurance industry, but it has also left insurers and brokers vulnerable to the threat of theft or corruption of the information they store. The question is, where is the largest potential threat to data?

Bridget Treacy, a partner in Barlow Lyde & Gilbert's (BLG's) commercial and technology team, says the single greatest risk inherent in insurers