While you were off changing the industry, you may have missed these important developments.
InsurTech
Running Your Own Insurance Company: Three Options for Renting, Buying or Building the InsurTech Carrier of the Future
Welcome to the final article in our initial introduction to the insurance industry for Insurtechs. Before we pivot next month to focusing on some of the key corporate and financial issues facing Insurtechs, we get to delve into perhaps the biggest step an InsurTech can take – running their own insurance company.…
InsurTech Weekly Roundup – February 22, 2019
While you were off changing the industry, you may have missed these important developments…
Underwriting and Finance/Reinsurance Focused InsurTechs – Understanding Licensure and Top 3 Regulatory Issues
Happy Presidents Day! Hopefully you are on vacation and reading this a day late. However, if not, we hope this installment of InsurTech analysis serves as a nice and informative break from the rigors of your work day. This week we move further into our overview of the insurance industry for InsurTechs, we move away from the things the general public is familiar with (Distribution and Claims), and we peer into what’s behind the curtain. And despite what the Wizard of Oz says, you should definitely pay attention to what’s behind the curtain.…
InsurTech Weekly Roundup – February 15, 2019
While you were off changing the industry, you may have missed these important developments…
Washington, D.C. Establishes Financial Services Regulatory Sandbox and Innovation Council
Washington, D.C. Mayor Muriel Bowser recently established the District of Columbia Financial Services Regulatory Sandbox and Innovation Council (the “Council”). The Council has been tasked with analyzing and reporting on the viability of implementing a financial services regulatory sandbox in the District.…
Distribution and Claims-Focused InsurTechs: Understanding Licensure and Top 5 Regulatory Issues
Welcome back to your weekly dose of InsurTech insight. Hopefully in time you’ll come to think of us as a kind of General Assembly for InsurTechs, but instead of learning technological skills, you’ll learn practical information regarding not only regulatory and transactional insurance matters applicable to the InsurTech space, but also issues related to being an entrepreneur (which we will begin to focus on in the second month of this blog).…
InsurTech Weekly Roundup – February 8, 2019
While you were off changing the industry, you may have missed these important developments.…
Insurance Industry for InsurTech Noobs
So you developed the newest insurance innovation that is going to revolutionize the industry -congratulations! But we also have a couple of questions……
New Guidance on Insurers’ Use of Big Data and Algorithms in New York
Having concluded an investigation into New York life insurers’ underwriting guidelines and practices, the New York Department of Financial Services has issued Insurance Circular Letter No. 1 (2019) to advise insurers of their statutory obligations regarding the use of external consumer data and information sources in underwriting for life insurance.…