Establishing a framework for practical data governance in the insurance industry

Participants of the free live webinar will be eligible for 1 CPE credit.

Register

Data governance tends to conjure up images of information technology (IT) personnel, when in reality, it’s a business issue. Many insurers have found success by harnessing and using data, enabling leaders to make the data-driven business decisions to better serve policy holders and execute strategy.

As organizations continue to increasingly use data, there is a heightened regulatory focus on the handling of sensitive information. Up until recently, many have focused on implementing a cybersecurity program designed to identify and protect non-public information and maintain the integrity of information systems, as well as the ability to detect cybersecurity events in a timely manner. From there, they would respond to and recover from those events. A new area of focus is the governance and use of business data, with a specific emphasis on the types of data being collected and used, the purpose behind the collection of that data, how access to that data is controlled and the controls in place to ensure that the use of data doesn’t introduce bias into decision making and/or create disparate impact to groups of users.

On Nov. 9, join Baker Tilly insurance and data governance specialists Russ Sommers and Nathan Olson for a webinar where they will provide an overview of the basics of data governance, current regulatory expectations and the tenets of an effective data governance framework. You will learn the attributes of a well-managed data governance program, as well as lessons our specialists have learned from designing, implementing, assessing and auditing data governance programs and the benefits these programs can have on your organization. Our speakers will end the webinar by talking through areas that require limited resources, yet have a significant impact on the effectiveness of a data governance program. Q&A will be encouraged throughout the webinar.

Learning objectives:  

1. Understand the basics of data governance and the insurance industry best practices for implementing an effective program
2. Learn more about insurance industry regulatory expectations relating to data and non-public information
3. Hear stories about lessons learned in designing, implementing, assessing and auditing data governance programs
4. Learn actionable next steps to best address data governance shortfalls and make significant business impact with limited time and resources

 Information about CPE eligibility

There are no prerequisites for this webinar, and advance preparation is not required. There is no cost to attend this webinar. A certificate of completion will be emailed to you four to six weeks after the event.

Level: Overview

CPE credit: One (1) hour total credit

Field of study: Specialized Knowledge

For more information regarding administrative policies such as complaint and refund policies, please email learning@bakertilly.com.

Baker Tilly is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.