Stop Insider Threats Before They Make Headlines
Protect your insurance business from security violations, IP theft, and compliance failures. Teramind delivers comprehensive insider risk management for the insurance industry, providing the tools and insights needed to identify malicious intent and prevent legal action before damage occurs.
Trusted by 10,000+ organizations to improve productivity, security, compliance, and workforce analytics
Teramind for Insurance
Insiders with malicious intent cost organizations millions. Detect and track suspicious activities—like an adjuster accessing cases they aren’t assigned to—before they evolve into security violations or legal action.
Your underwriting models and actuarial tables are high-value targets for IP theft. Prevent employees from stealing proprietary ideas or data to take to competitor companies. Secure the industry secrets that carry your competitive advantage.
Role-based access controls are critical for security. Ensure users only have access to the information required for their role. Automatically revoke permissions if risk levels rise, allowing only legitimate work to proceed.
Navigating the complexity of privacy laws is difficult. Create a plan that ensures compliance with state and federal regulations. Provide auditors with videos and logs that prove policies are in place and privacy is respected.
Identify & Mitigate Insider Risk
Insider risk in the insurance industry are a top concern for businesses. Teramind helps identify the individuals posing a threat by analyzing user behavior and data movement. We provide the insights needed to distinguish between negligence and malicious intent, preventing security violations that lead to costly headlines.
Detect early warning signs of IP theft or sabotage. Alerts trigger instantly if an employee attempts to export sensitive data or customer lists for personal gain.
Cut the time and cost of investigations. Use screen recordings to review activities in real-time, providing irrefutable evidence for legal action or HR intervention.
Insurers often rely on contractors. Monitor these external users to ensure they follow the same security policies as internal employees.
Secure Claims & Underwriting Data
Data is the lifeblood of the insurance industry. Teramind secures information across all platforms, ensuring customers’ private details are protected. We help organizations implement role-based access controls that limit access based on the user’s specific role and current risk score.
Stop users from transferring subject data to personal storage. Create policies that block click-to-upload actions on unapproved websites.
Apply stricter monitoring to individuals with access to critical infrastructure or high-value cases. Track every interaction with sensitive information.
Validate identity continuously. If behavior indicates a compromised account, the system locks access immediately to mitigate the risk of a breach.
Operational Integrity & Privacy
Balancing security with privacy is a key focus for risk management. Teramind provides tools that secure companies without infringing on employee trust. Our flexible platform allows you to place restrictions only where necessary, allowing productive work to continue.
Anonymize data for standard users while retaining visibility for high-risk insiders. Ensure your plan respects employee privacy while meeting compliance needs.
Secure employees working from home. Monitor activities on company devices to detect security violations outside the corporate firewall.
Gain insights into complexity and bottlenecks in your workflows. Use data to optimize processes and reduce the cost of operations year over year.
Incident Response & Legal Readiness
When security violations occur, time is critical. Teramind equips insurers with the tools to respond fast. From alerts to comprehensive reports, we provide everything needed to handle insurance insider incidents and prepare for potential legal action.
Receive instant notifications for high-risk activities. Click through from an alert directly to the video recording of the incident.
Carry out investigations with confidence. Our videos and logs serve as admissible evidence in legal action, protecting the business from liability.
Generate reports that demonstrate your risk management maturity. Show regulators and customers that you have controls in place to protect their information.
Seamless Integration into Your Command Center
Feed critical behavioral telemetry directly into your existing security infrastructure for a unified operational picture.
Teramind Success Stories
Arrivia Stopped an Insider Data Theft Ring with Teramind
Learn how a leading travel company used Teramind to improve productivity and ensure compliance with federal regulations while building legally defensible evidence for any violations.
FAQs
How does Teramind handle role-based access controls?
Teramind integrates with your existing identity providers to enforce role-based access controls. We monitor users based on their role, ensuring they only access the data and tools necessary for their job. If a user attempts to access restricted areas, the system generates alerts and blocks the action.
Can you detect IP theft in the insurance industry?
Yes. IP theft is a major focus of our insider risk management solution. We track the movement of proprietary files (like underwriting models) and detect if insiders attempt to copy them to external drives or personal email, preventing security violations.
Does this solution help with legal action?
In cases of data theft or fraud, Teramind provides tamper-proof videos and logs. This evidence is crucial for legal action, helping companies prove malicious intent and defend against liability.
How do you balance security with employee privacy?
We provide flexible configuration options. You can disable screen recording for personal websites (like banking) while maintaining strict monitoring for business applications. This helps insurers balance security requirements with privacy concerns.
Is Teramind suitable for large insurance organizations?
Yes. Teramind scales to support thousands of users and endpoints. Our platforms are designed to handle the complexity of large insurance companies, providing centralized risk management across all departments and locations.
What types of “insider risk” does Teramind detect?
We detect a wide range of risks, including data exfiltration, privilege abuse, unauthorized access, and security violations caused by negligence. Our goal is to give insurers a complete view of their insider risk landscape.