Reg Tech
Articles
Insurance Europe: Making EU insurance regulation that works and benefits consumers
Article Synopsis : This short paper from Insurance Europe – IE, the European insurance and reinsurance federation – is focused on the debate about better regulation. It ...
KPMG: Insurance contracts – New on the horizon
Article Synopsis : The International Accounting Standards Board (IASB) has followed the implementation of IFRS17 and decided to postpone its effective date while making ...
DFIN: How Data Will Determine the Future of RegTech
Article Synopsis : There are four key messages contained within this regtech paper from DFIN: regtech solutions require standardisation of data; regulators can maximise the ...
Tax Reimagined – Leading the tax function in the digital age
Tax is taking on a prominence it never had before thanks in large measure to how technology is impacting everything from business models, operations and revenue streams, to the ...
Simplifying Solvency II compliance, the InsurTech way
Solvency II is at the intersection where InsurTech meets RegTech After the financial crash of 2008, the cost burden of compliance increased massively. No great surprise there given...
Digital Tax
Regulation in the times of InsurTech – Interview with Kathleen Köhn (BaFin)
The InsurTech world is growing up; more and more startups are interested in applying for an official insurance license. To get some first-hand insights, Uli Kleber, The Digital ...
RegTech on the Rise
Article Synopsis : Financial services regulation has expanded at an astounding rate since the financial crisis – and, consequently, so has the cost of regulatory compliance. ...
RegTech: The necessary innovation in the regulatory compliance space – by Alten
Article Synopsis : RegTech is the emerging group of technologies aimed at helping financial services firms automate regulatory compliance. This report, “RegTech: The necessary ...
AI, IP and data privacy – A view through the prism of digital insurance
If you are anything like me, you will be watching with a sense of awe at the rapid advances machine intelligence is making as a predictive model across many industries. And it will...
Technology and the transformation of the insurer’s business model
Today’s insurers are caught between conflicting pressures. The changing regulatory landscape, evolving customer needs, and the disruptive impacts of technology are clear ...
Realizing Results Ethically in a Digital World – Avanade Report
Article Synopsis : The digital world continues to amaze us changing the way we work, play and live. But we can’t allow ourselves to be so dazzled by digital that we ignore ...
Fernand Lendoye from Aviva Ventures speaks @ Asia rising – the hothouse for insurance innovation? panel session – Global LIVEFEST 2018
Watch Fernand Lendoye from Aviva Ventures speak @ Asia rising – the hothouse for insurance innovation? panel session – Global LIVEFEST 2018 about insurance CVC – ...
CUBE wins MetLife Insurance regtech project
Headquartered in London, Cube is an AI-driven regtech offering that helps insurers to navigate regulatory changes and minimize the cost and risk of non-compliance. Cube monit...
10th Annual Health Insurance Asia 2016
IBC’s 10th Annual Health Insurance Asia Conference is the leading platform for high level insurance and healthcare industry players to develop solutions to cope with regulatory ...
Technology behind solvency calculations : risk based capital in Sri Lanka
Hugh Terry from Insight Consulting had the pleasure of giving a presentation on “Risk Based Capital : Making It Happen” to the Insurance Association of Sri Lanka on ...
Moody’s Offers RiskIntegrity™ IFRS 17 Software for Insurers Preparing for Reporting Standards
Moody’s Analytics have announced the launch of RiskIntegrity IFRS 17, a cloud-based system designed to help insurers report under the new International Financial Repor...
SAI Global Adds RegTech Muscle With BWise Buy
SAI Global, an integrated risk management software provider, has added a new function to its RegTech offerings by acquiring regulatory compliance platform BWise. The deal is ...
Tool can help insurers ensure document authenticity
Tool is a Canadian claims analysis platform that helps insurers to ensure document authenticity as they relate to claims. Specifically, Tool help...
Claims People: Verisk, Athens Administrators, WCI
Verisk Appoints Claims Solutions President Verisk announced that Maroun Mourad will succeed Rich Della Rocca as president, claims solutions on July 1. "We
People Moves: SiriusPoint Names Heerasing UK Country Bran...
This edition of International People Moves details appointments at Bermuda-based re/insurer SiriusPoint and London headquartered re/insurer IQUW. A
The AMTD DigFin Innovation Awards 2022: get ready!
The DigFinnies are the most prestigious award in digital finance and fintech in Asia. Find out more!
EV SPACs are facing a new regulatory speed bump – TechCrunch
It’s been a bumpy road for the electric vehicle startups that rushed to go public over the past two years by merging with a publicly traded shell company. Now, the SEC’s broades...
Paytm to invest $122m in joint venture general insurance ...
One97 Communications (OCL) is planning to invest $121.9m (INR9.5bn) in its joint venture (JV) firm Paytm General Insurance Ltd (PGIL).
Sure Premium Audit
Vesttoo hires Hiscox’s Schonbrun as Chief Legal Off...
Vesttoo has made two senior hires in its legal function, adding former Hiscox executive David Schonbrun as Chief Legal Officer and a former Senior SEC
Allianz Sets Aside Another $2 Billion for Structured Alph...
Germany's Allianz said on Wednesday it would set aside another 1.9 billion euros ($2 billion) as it braces for the outcome of U.S. regulatory
Red Hat automated security and compliance for financial s...
As digital adoption grows at financial services firms, so does the complexity of the associated infrastructure.
Insurer MEDGULF implements regtech solution from AJMS Group
8 hours ago ... The UAE organisation of Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF) has taken into use a new regtech solution developed by ...
RegTech VIALINK Introduces Biological Identification Numb...
21 hours ago ... Services that benefit all industries: Real estate, marketplaces, entertainment, banking, insurance, finance, construction, etc. According to Juniper Research, ...
Innoveo Announces Completion of SOC 2 Type 1 Certification
"Achieving this SOC 2 certification allows us to provide an additional layer of reassurance for enterprises that use Innoveo Skye® that their data and applications are protected...
Procore integrates with SmartCompliance
The integration uses automation to ensure users remain in compliance, thus reducing the risk of expensive insurance-related fines.
Insurance and data management: Five key points to streaml...
Developing more effective financial data management processes is a top priority across the modern insurance landscape, but legacy system issues need to be addressed first. This ...
Enabling real time insurance verification
Real time insurance verification provides continuous proof of insurance and helps to solve the fundamental problems associated with a certificate of insurance. Download this con...
EU rules governing artificial intelligence will put compl...
22 hours ago ... New European Union rules governing artificial intelligence (AI) will put compliance obligations on automated facial recognition (AFR) used in some regtech ...
Applying cybersecurity lessons learned for AI regulation
As regulators and insurers work to understand the level of regulatory oversight that is needed for AI innovation, there is a path forward by looking to the recent past. The mass...
Coverage Issues from HAL: Risk Management and Insurance f...
21 hours ago ... Coverage Issues from HAL: Risk Management and Insurance for AI Systems & Robotics. Presentation and Speech September 23, 2021.
Q&A: Swiss Re Corporate Solutions’ Vanessa Priede
The key resource for accurate, insightful and reliable coverage of Asia’s insurance and reinsurance market.
Irish competition authority secures commitment from six i...
Despite the end of the CCPC's formal investigation, the authority 'is in no way giving the industry a clean bill of health' when it comes to organisations' culture around compli...
FCA to allow rolling applications for regulatory sandbox
Insurtech UK says the rolling sandbox has always been a 'historic policy objective' for the trade body
Regtech in Insurance Market Share, 2021 Global Industry F...
12 hours ago ... Aug 06, 2021 (The Expresswire) -- "Final Report will add the analysis of the impact of COVID-19 on this industry." Global "Regtech in Insurance Market" 2021. ..
Ireland now has a world class regulatory technology secto...
14 hours ago ... ... it is the use of new technologies by institutions, banks, insurance companies or any ... Currently, regtech is the largest indigneous fintech sub-sector and...
Government Relations – Demarest
17 hours ago ... 409/2021: new principles and general characteristics for the operation of microinsurance. 12/07/2021. SUSEP Public Consultation Notice No. 25/2021: provides ...
Spencer 2021 Summer Webinar Series- The Global Insurance ...
12 hours ago ... ... not limited to the following: (i) Historical Perspective of Insurance Regulation; (ii ) Structure of Insurance Regulation; (iii) Digital Transformation & Da...
Harnessing Data to Achieve Awesome Audits
Nobody in the market wants to spend their time preparing for a data audit and Andy Jones, Head of Sales at DQPro, explains why they shouldn’t have to.
Enterprise Ireland turns focus to Asia regtech
The Irish government’s agency is stepping up efforts to help its regtech companies grow in Asia-Pacific.
AuditCover closes seed round
AuditCover is an Australian startup for tax audit insurance and risk mitigation.
Pennsylvania Launches Program to Support Innovation, New ...
The Pennsylvania Insurance Department (PID) has launched a new program that aims to encourage the insurance industry to deliver innovative insurance
What insurers are paying to deliver IFRS 17: Is there any...
The majority of insurers across the globe will spend US$20 million to implement the IFRS 17 insurance accounting standard into their operations, according to a new worldwide sur...
IIR
Albany Group: How the Insurance Industry Can Apply Techno...
The insurance sector needs technology to improve its regulatory checks system
says Albany Group's CEO, Stewart Griffiths.
BearingPoint RegTech wins RegTech Insight Awards Europe 2...
Customers representing 6,000 firms worldwide, among them large international
banks, a major part of the largest European banks, leading insurance companies
...
Ethos Selects Wolters Kluwer Solution for Compliance
The life insurance distributor has selected NILS INsource, NILS MCE to foster enhanced compliance capabilities.
Leading RegTech Company Starling Releases 2021 Compendium
Leading RegTech Company Starling Releases 2021 Compendium ... (OCC) and
Federal Deposit Insurance Corporation (FDIC) board member; Rick Ketchum, ...
Alternative Risk Financing: Rise of the Captives – ...
The count of captive insurance companies globally is estimated to be over 7000, domiciled in 70+ jurisdictions. Captives have been established by nearly 70% of Fortune 500 compa...
Singapore promises $ 32 million to help regtechs bring PO...
We have also added life and non-life insurance agents to the list of eligible
companies. As of the end of March 2021, MAS states that it has received 1,100
grant ...
MAS commits $42m for tech adoption schemes
Under the Regulatory Technology (RegTech) grant scheme, which aims to
promote the adoption of tech solutions in risk management and compliance
functions, ...
MAS Launches RegTech Grant Scheme, Enhances DAG Scheme
The RegTech grant scheme is available to Singapore-based FIs to help them ...
Eligibility for the DAG will also be extended to life insurance and general ...
How insurers are faring as IFRS 17 transition looms
As the transition date for the new insurance accounting standard IFRS 17 approaches in January 2022, insurers are split on whether or not to use dedicated staff for implementati...
Worldwide RegTech Industry to 2025 – Key Drivers, C...
This study identifies the demand for RegTech from the insurance sector as one of
the prime reasons driving the RegTech market growth during the next few years.
Clearcover Insurance taps Wolters Kluwer to enhance compl...
Clearcover Insurance Company has turned to Wolters Kluwer to support its compliance intiatives on behalf of its car insurance customers.
UK insurers given a year to improve operational resilienc...
Regulators in the UK have given financial institutions, including banks and insurers, a one-year deadline to improve their operational resilience. The policy statement (PS21/3) ...
What a Regtech Compliance killer system will look like &#...
By Bernard Lunn Back in October 2014 we wrote about how Compliance was a huge market opportunity. However it maybe one of those markets where the problem is blindingly obvious b...
Why FSA Substantiation Matters and What To Look For | WEX...
It’s important to follow IRS regulations when offering a Flexible Spending Account. See why FSA substantiation is required how you can stay in compliance.
News – Expert.ai | Expert.ai
News. AI in Finance & RegTech Virtual Summit. Events & Webinars ... Value of
Language · Artificial intelligence and insurance: Part 1. News. March 12, 2021 ...
Juniper Research: Regtech Spending to Exceed $130 Billion...
The research recommends that Regtech vendors make AI a core part of their ...
Embedded insurance: a $3tn market opportunity, that could also help close the ...
Truckstop.com acquires Registry Monitoring Insurance Serv...
RMIS specializes in insurance monitoring and compliance across multiple industries.
Truckstop.com purchases Registry Monitoring Insurance Ser...
Truckstop.com has snapped up Registry Monitoring Insurance Services (RMIS) to boost its portfolio of onboarding and monitoring solutions.
How Australia Rose to Become the Third Largest Regtech Hu...
Not even Covid-19 could hinder Australia's Regtech rise, developing the region
into ... financial markets, insurance and superannuation, and is a member of the ...
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