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Consultation Call Reports, Digital Technology | 2019

RegTech and SupTech: Implications for Supervision – A2ii-IAIS Consultation Call, March 2019

The emergence of supervisory technology for regulators (SupTech) and the use of Big Data, Artificial Intelligence and Machine Learning among other automated processes for reporting, monitoring and to aid the delivery of regulatory requirements (RegTech) holds the potential to rapidly transform the insurance industry and the financial sector in general. Regulatory bodies are now exploring the benefits of the use of automated systems to analyse and collect data away from traditional channels.

Event Reports, Regional, Africa, Asia and Pacific, Latin America, Digital Technology | 2019

InsurTech – Rising to the Regulatory Challenge | A summary of IAIS-A2ii-MIN Consultative Forums 2018 for Asia, Africa and Latin America

Over the course of 2018, the International Association of Insurance Supervisors (IAIS), the Access to Insurance Initiative (A2ii) and Microinsurance Network (MiN) organised three Consultative Forums on the topic of 'InsurTech - rising to the regulatory challenge'. The forums provided a platform for in-depth discussions about the future of insurance and regulation given the rise of new digital technologies. 

Consultation Call Reports, Digital Technology | 2019

Regulating InsurTech: Role of the regulator in managing data risks and protecting consumers – A2ii-IAIS Consultation Call, January 2019

Emerging technological innovations, the use of big data and AI hold great potential to reach out to new customers, offers consumers greater value products and enhance operating effeciency. Digital technologies are transforming the insurance industry rapidly, generating new questions and regulaory challenges for insurance supervisors. Globally, the use of consumer data is the area of most rapid innovation and change in the insurance sector.

Consultation Call Reports, Digital Technology | 2019

Réglementer l’InsurTech:le rôle des autorités de réglementation dans la gestion des risques liés aux données et à la protection des consommateurs– Compte rendu de consultation téléphonique A2ii – AICA, Janvier 2019

Les innovations technologiques émergentes, l'utilisation du Big Data et de l'IA offrent un potentiel considérable pour atteindre de nouveaux clients, offrent aux consommateurs des produits à plus forte valeur ajoutée et améliorent l'efficacité de leurs opérations. Les technologies numériques transforment rapidement le secteur des assurances, suscitant de nouvelles questions et de nouveaux défis réglementaires pour les autorités de contrôle des assurances.

Consultation Call Reports, Digital Technology | 2019
Event Reports, Digital Technology, Consumer Protection | 2018
Thematic Reports, Digital Technology, Consumer Protection | 2018

Regulating for responsible data innovation: The role of insurance regulators in dealing with risks relating to consumer data protection and privacy

Data innovation is challenging the traditional role of insurance regulators. Two major dilemmas emerge that insurance regulators and indeed all financial sector regulators face when confronted with how to regulate consumer data: 1. They must tread the balance to achieve positive consumer outcomes, by both enabling data-driven innovation but still protecting consumers from the risks that arise 2.

Videos, Asia and Pacific, Digital Technology | 2018
Thematic Reports, Africa, CISNA, Asia and Pacific, CEE & Central Asia, Latin America, Global, Inclusive Insurance Regulation, Digital Technology | 2018