October 16, 2023
At FurtherAI, security isn’t just a box to check—it’s a fundamental pillar of our AI-powered solutions. Our recent compliance with GDPR, SOC 2, and ISO 27001 marks a significant milestone in our mission to provide secure, reliable, and efficient AI solutions for the insurance industry.
From day one, FurtherAI has been built with security at its core. Our AI Teammates assist brokers, insurers, MGAs, and reinsurers with critical workflows such as submissions processing, policy comparisons, and audits. These tasks often involve highly sensitive data, making security and compliance non-negotiable.
“Our customers entrust our AI products with incredibly sensitive information, and that trust is only possible because of our unwavering commitment to security,” said Sashank Gondala, FurtherAI’s CTO and co-founder. “Ensuring the safety of insurance transactions and sensitive data isn’t an optional effort for us - it’s essential.”
In an industry as highly regulated as insurance, data privacy, risk mitigation, and compliance are crucial. Achieving these four security certifications is a reflection of our proactive approach to safeguarding customer data and ensuring operational integrity.
By meeting these four key security standards, FurtherAI reinforces its commitment to transparency, data privacy, and risk management. Here’s what each certification represents:
Service Organization Control (SOC) 2 is an industry standard developed by the AICPA (American Institute of Certified Public Accountants) to ensure that third-party service providers securely manage customer data. Achieving SOC 2 compliance means our systems and processes meet strict security, availability, and confidentiality requirements.
The General Data Protection Regulation (GDPR) is the European Union’s gold standard for data privacy. It ensures that organizations handling personal data implement robust security measures, giving individuals control over their data and requiring strict accountability from businesses.
Achieving ISO 27001 certification means FurtherAI has implemented a comprehensive Information Security Management System (ISMS). This globally recognized standard ensures that we follow best practices for data security, including risk assessment, mitigation, and continuous improvement of our security controls.
Security isn’t a one-time achievement—it’s an ongoing responsibility. As FurtherAI continues to scale, we remain dedicated to staying ahead of security threats, evolving regulations, and the trust of our customers.
We’d love to connect. Schedule an introductory meeting to explore how FurtherAI can help your organization streamline insurance workflows - securely.
