InsurTech Futures: FCA reveals third sandbox cohort
A number of insurance firms have joined the latest wave as part of the watchdog’s innovation scheme.
The Financial Conduct Authority (FCA) has unveiled the firms that were successful in their applications to begin testing in the third cohort of its sandbox innovation scheme.
According to the regulator the sandbox allows firms to test innovative products, services or business models in a live market environment, while ensuring that appropriate protections are in place.
Insurance firms included in the cohort are:
Etherisc - Uses smart-contracts on a blockchain to provide fully-automatedOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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