InsurTech Futures: Three more insurance offerings in FCA’s regulatory sandbox
Watchdog reveals details of fourth wave added to innovation scheme.
The Financial Conduct Authority (FCA) has accepted 29 firms to begin testing in the fourth cohort of its regulatory sandbox.
The FCA detailed that the process allowed the chosen organisations to test innovative products, services or business models in a live market environment, while ensuring that appropriate protections were in place.
The three businesses with insurance in their descriptions were:
Etherisc: Service that 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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