{"id":22845,"date":"2024-11-28T17:04:34","date_gmt":"2024-11-28T17:04:34","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=82163"},"modified":"2024-11-28T17:04:34","modified_gmt":"2024-11-28T17:04:34","slug":"csio-congratulates-definity-financial-corporation-for-achieving-api-security-standards-certification","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2024\/11\/28\/csio-congratulates-definity-financial-corporation-for-achieving-api-security-standards-certification\/","title":{"rendered":"CSIO Congratulates Definity Financial Corporation for Achieving API Security Standards Certification"},"content":{"rendered":"<p>Toronto, ON (Nov. 27, 2024) \u2013 CSIO is pleased to announce that Definity Financial Corporation has successfully implemented CSIO\u2019s Application Programming Interface (API) Security Standards, earning them CSIO\u2019s API Security Standards Certification.<\/p>\n<p>These Standards, created by CSIO\u2019s INNOTECH Advisory Committee and its API Security Working Group, provide insurers and Broker Management System (BMS) vendors with a standard authentication and authorization API model. When an insurer or BMS vendor becomes Certified, they verify that all security concerns for API endpoints are mitigated. With this Certification, Definity\u2019s broker partners can be confident that their data remains secure when accessing an API endpoint, such as obtaining a quote in their BMS.<\/p>\n<p>\u201cDefinity continues to pursue our ambition to be one of Canada\u2019s most innovative property and casualty insurers by implementing solutions that benefit our customers and broker partners,\u201d said Tatjana Lalkovic, Senior Vice President and Chief Technology Officer, Definity. \u201cThis Certification provides brokers peace of mind that authorization and data flows are fully secured.\u201d<\/p>\n<p>\u201cWe continue to invest in cyber security to support our commitments to customers and brokers,\u201d added Bill Pearce, Vice President Information and Cyber Security, Definity. \u201cThis certification is an example of how we are ensuring we are adhering to the highest industry standards as outlined by CSIO.\u201d<\/p>\n<p>\u201cThe CSIO team applauds Definity on achieving the API Security Standards Certification,\u201d said Catherine Smola, President &amp; CEO of CSIO. \u201cDefinity\u2019s Certification demonstrates their strong commitment to API security measures, further optimizing real-time data exchange with brokers.\u201d<\/p>\n<p>The Working Group recently completed their annual review and updated the API Security Standards to ensure they are aligned with security best practices. The updates provide more enhancements to help insurers and BMS vendors understand which risks to mitigate based on security methods used for implementing APIs. View the latest <a href=\"https:\/\/csio.com\/download-api-security-standards\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">API Security Standards<\/a> on csio.com.<\/p>\n<p><a>In addition to Definity\u2019s API Security Standards Certification, more insurers and BMS vendors are actively pursuing their own Certifications. Discover how to become Certified at <\/a><a href=\"https:\/\/csio.com\/solutions-tools\/csio-certification\/get-certified\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">csio.com<\/a>.<\/p>\n<h4 class=\"smallhead\"><b>About Definity<\/b><\/h4>\n<p>Definity <em>(TSX:DFY)<\/em> is one of the leading property and casualty insurers in Canada, with approximately $4.4 billion in gross written premiums for the 12 months ended September 30, 2024 and approximately $3.1 billion in equity attributable to common shareholders as at September 30, 2024.<\/p>\n<p>Formed in 2021, Definity Financial Corporation is the parent company to some of Canada\u2019s most long-standing and innovative property and casualty insurance brands and companies, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. By investing in businesses and innovations, the companies in our group help our customers, broker partners, employees, and communities adapt and thrive in a world of constant change. For more information, visit <a href=\"https:\/\/www.definityfinancial.com\/English\/Overview\/default.aspx\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.definityfinancial.com<\/a>.<\/p>\n<h4 class=\"smallhead\"><b>About Centre for Study of Insurance Operations (CSIO)<\/b><\/h4>\n<p>CSIO is Canada\u2019s industry technology association of property and casualty insurers, vendors and over 43,000 brokers. CSIO is committed to driving innovative solutions that enable the best insurance experience in Canada by overseeing the development, implementation, and maintenance of technology Standards and solutions, such as CSIOnet, eDocs, and My Proof of Insurance. For more information, visit <a href=\"https:\/\/www.csio.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.csio.com<\/a>.<\/p>\n<p class=\"referencetext\"><em>SOURCE: Centre for Study of Insurance Operations (CSIO)<\/em><\/p>\n<p> Tags: <a href=\"https:\/\/www.insurance-canada.ca\/tag\/api\/\" rel=\"tag\">API<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/csio\/\" rel=\"tag\">Centre for Study of Insurance Operations (CSIO)<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/data-standard\/\" rel=\"tag\">data standard<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/definity\/\" rel=\"tag\">Definity<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toronto, ON (Nov. 27, 2024) \u2013 CSIO is pleased to announce that Definity Financial Corporation has successfully implemented CSIO\u2019s Application Programming Interface (API) Security Standards, earning them CSIO\u2019s API Security Standards Certification. These Standards,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22845"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=22845"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/22845\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=22845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=22845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=22845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}