InsurTech Futures: Regulation will challenge insurers
Insurance regulation and data privacy rules are set to play a significant role in data use and product customisation.
The pace of InsurTech is moving so quickly that navigating the evolving regulatory landscape and addressing issues related to data privacy, sharing, and security will prove challenginhg for insurers, according to a recent paper.
The Institute of International Finance (IIF) published a paper titled, Innovation in insurance: how technology is changing the industry, which examined how technology is beginning to reshape the insurance landscape.
It said emerging technologies and innovations were
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