InsurTech, Innovation & Technology
Need to discuss an innovative insurance product, service or technology and its regulatory implications? The U.S. insurance market is the largest and most dynamic on the globe. It is regulated by insurance departments in the 56 U.S. states and territories. Each is ready to introduce you to the regulatory process and ensure that you serve the consumers they protect.
Key innovation and technology issues States encourage new ideas and protect consumers. Current areas of innovation include:
Block-chain promises to revolutionize business processes. For insurance consumers it could greatly improve privacy and eliminate redundant paperwork. As innovators employ distributed ledgers and smart contracts, regulators will ensure that the promises they represent are kept.More information