The digital experience for insurance transactions requires a simple, powerful, secure way to share sensitive files.
Insurance enterprises depend on the regular transfer of Personally Identifiable Information (PII), Protected Health Information (PHI) and other sensitive data via secure file sharing. Automating and scaling this process can be a challenge, especially when organizations rely on human handling or unmonitored file transfer clients to get the job done. In every transaction, files must be kept secure at rest and in transit with the highest levels of encryption. Complete visibility of all file transfer activities is needed to achieve compliance with SLAs, governance policies and regulatory mandates. To minimize the risk of security breaches and data loss, adoption of secure file sharing tools must be easy and intuitive for everyone within an organization.
To assure regulatory compliance, banks should replace ungoverned document transfer methods with secure, reliable, and compliant information exchange processes that ensure data security and integrity.
When evaluating Managed File Transfer systems or alternatives that support compliance, organizations should look at how these offerings deliver against four categories—confidentiality, integrity, availability and auditing.
Progress® MOVEit® Managed File Transfer is a modern and advanced way to add secure file delivery to insurance claim processing systems. Built-in tools and reports enable you to find and fix problems before they impact users and services. Powerful, intuitive and easy-to-use file-sharing capabilities help you meet PCI-DSS, GDPR and other critically important cybersecurity standards.
Increasingly strict data protection regulations mandate that networks, user access, databases and business processes are secured to protect financial data and customers’ Personally Identifiable Information (PII). The MOVEit suite of secure Managed File Transfer products facilitates encryption of external data transfers, delivery to the intended recipient(s) and detailed audit logs. MOVEit provides security features and flexible deployments that help you to meet SOX, GLB, PCI and GDPR data protection requirements.
MOVEit Managed File Transfer enables consolidation of disparate file transfer processes under a single management tool with end-to-end visibility, performance reporting and audit trails. It accelerates the development of new services, supports onboarding of new external partners and reduces ongoing resource requirements with easy-to-use workflow automation. Its flexible architecture allows you to configure an exact match to your business continuity needs—from high availability to complete failover.
MOVEit provides an integrated platform that supports the data security, compliance and scalability needs of insurance companies. The insurance industry is an ecosystem of separate companies with high volumes of data transfers that requires a secure and protected managed file transfer solution. MOVEit is that reliable and easy to use managed file transfer solution that can help insurance companies enhance overall operational scalability.