Poised for a banner year, insurtech has drawn the attention of investors and regulators alike. Insurtech has become a darling of both traditional players in the insurance market and disruptive fintech operations. The coming year looks to continue this trend, with companies looking to insurtech as a venue for penetrating new markets. Yet as insurtech’s … Continue Reading
The final guidelines create new obligations for insurers that will impact cloud outsourcing arrangements. By Fiona M. Maclean, Andrew C. Moyle, and Victoria Sander On 6 February 2020, the European Insurance and Occupational Pensions Authority (EIOPA) published its final guidelines on outsourcing to cloud service providers (CSPs) (the Guidelines). The Guidelines have been finalised following … Continue Reading
The FinTech sandbox would aim to foster innovation in the financial, credit, and insurance sectors. By Antonio Coletti and Isabella Porchia The Italian Ministry of Economy and Finance has launched a public consultation on a draft ministerial decree (Draft Decree) implementing the mandate received by the Italian legislature (Decreto Crescita) to set up a regulatory … Continue Reading
