Locke Lord Vice Chair Alan Levin co-authored an article examining the rapid growth of InsurTech. The authors detail the legal and regulatory questions surrounding the development of InsurTech firms, the soaring investments into the InsurTech space and benefits that growth in InsurTech could bring to consumers, insurers and risk management.
Levin writes that proactive, regular dialogue must continue between regulators, InsurTech firms and insurance industry leaders in order to push the development of InsurTech towards mutual benefit and innovative growth. The authors note: “Working together, insurers, InsurTech firms and regulators can help drive disruptive innovation in the insurance space that will benefit both consumers and businesses alike.”
To read the full article, click here.
Best's Review: November 2017
Copyrighted A.M. Best Company, Inc. 2017
All Rights Reserved, Reprinted with Permission