Latest Knowledge Products

Coming up | 2019
Thematic Reports, Inclusive Insurance Regulation, Market Development | 2019

Using Key Performance Indicators (KPIs) in Inclusive Insurance Supervision

Key Performance Indicators are a powerful tool for supervisors to regularly evaluate the development, soundness and appropriateness of the inclusive insurance sector. ICP 9 on Supervisory Review and Reporting sets out that risk-based supervision should use both offsite monitoring and onsite inspection, and supervisors should collect the necessary information to conduct effective supervision and evaluate the insurance market.

Consultation Call Reports, Financial Literacy | 2019

Stimulating Demand: The Supervisor’s role in building Insurance Awareness – A2ii-IAIS Consultation Call, July 2019

Lack of insurance demand is one of the most important obstacles for the development of responsible inclusive insurance markets. In managing risk, the unserved and underserved population generally do not know which risk management tools – such as insurance – exist, and they do not trust the insurance sector. This has an important impact on the willingness to buy and renew insurance products.

Consultation Call Reports, Gender Insurance | 2019

Bridging the Gender Gap: The role of the Insurance Supervisor – A2ii-IAIS Consultation Call, May 2019

Integrating a gender perspective in regulation and supervision is key to increasing financial inclusion. Compared to men, women form a significant part of the underinsured segment of the population especially in developing countries, lack of data, socio-cultural barriers and low levels of financial literacy are often cited as some of the main factors behind this. In addition, given the role that women play in managing household risks, it is of wider benefit to households if insurance products are designed that fit their needs.

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
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.