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The 12th Consultative Forum (CF12(1)) on the topic of InsurTech: rising to the regulatory challenge took place on 20 March in Colombo, Sri Lanka gathering high-ranking representatives from the regulatory and supervisory bodies (in Asia), industry, NGOs and other stakeholders.
For InsurTech to facilitate the way to inclusive insurance, continued dialogue on regulatory approaches to innovation and consumer protection is necessary. The panelists of the CF12 explored concrete, country-specific examples, where InsurTech created opportunities to reach the unserved and under-served customers, and subsequently looked at the challenges for regulators in the face of new business models, and their role in facilitating innovation, while protecting the customers...
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