CMS Insurance Group’s InsurTech Expert Guide intends to sheds light on the outstanding opportunities that stem from the current rules on insurance distribution and digitalization technologies. The publication has also been designed to help traditional insurance and InsurTech companies prepare for future regulations.
Big Data, artificial intelligence, blockchain solutions, along with the innovative use of web platforms and mobile technology have brought distinct advantages to the insurance sector. However, to fully take advantage of these advances in technology market participants must adapt to the shifting regulatory environment.
In this multi-country guide, learn about key laws regarding insurance and insurers in a wide range of jurisdictions. This resource was originally published on the website of CMS on January 31, 2023, and last updated May 19, 2023.
Learn about the implications of the decision by the Supreme Court of Illinois in Cothron v. White Castle System, Inc. (February 17, 2023), which determined that violations under the US Biometric Information Privacy Act (BIPA) accrue each time an individual’s biometric data is illegally scanned or transmitted.
Learn ten key issues and tips on seeking to recover insurance proceeds following a crisis.