London partner Andrea Best was quoted in the Intelligent Insurer article “Regulations Pose Challenges for InsurTech Innovation.” In the article, Andrea discusses the major challenges posed by InsurTech.
These challenges include:
- How to achieve innovation and improvement in this highly regulated sector.
- The trend of embedding insurance into the purchase of other goods and services.
- Whether and how you can compensate someone for insurance referrals.
- How the upcoming General Data Protection Regulation could impact the future of InsurTech.
- The recent trend of streamlining and pressure to simplify the InsurTech process for customers.
Source: Intelligent InsurerLeave Drinker Biddle to Learn More