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InsurTech: A Legal and Regulatory View (Paperback, 1st ed. 2020)
Loot Price: R3,302
Discovery Miles 33 020
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InsurTech: A Legal and Regulatory View (Paperback, 1st ed. 2020)
Series: AIDA Europe Research Series on Insurance Law and Regulation, 1
Expected to ship within 10 - 15 working days
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This Volume of the AIDA Europe Research Series on Insurance Law and
Regulation explores the key trends in InsurTech and the potential
legal and regulatory issues that accompany them. There is a
proliferation of ideas and concepts within InsurTech that will
fundamentally change the market in the next few years. These
innovations have the potential to change the way the insurance
industry works and alter the relationships between customers and
insurers, resulting in insurance products that are more closely
aligned to individual preferences and priced more appropriately to
the risk. Increasing use of technology in the insurance sector is
having both a disruptive and transformative impact on areas
including product development, distribution, modelling,
underwriting and claims and administration practice. The result is
a new industry, known as InsurTech. But while the insurance market
looks to technology for greater efficiency, regulators are
beginning to raise concerns about managing potential risks. The
first part of the book examines technological innovations relevant
for insurance, such as FinTech, InsurTech, Sharing Economy, and the
Internet of Things. The second part then gathers contributions on
insurance contract law in a digitalized world, while the third part
focuses on cyber insurance and robots. Last but not least, the
fourth part of the book discusses legal and ethical questions
regarding autonomous vehicles and transportation, including the
shipping industry, as well as their impact on the insurance sector
and civil liability. Written by legal scholars and practitioners,
the book offers international, comparative and European
perspectives. The Chapters "FinTech, InsurTech and the Regulators"
by Viktoria Chatzara, "Smart Contracts in Insurance. A Law and
Futurology Perspective" by Angelo Borselli and "Room for Compulsory
Product Liability Insurance in the European Union for Smart
Robots?" by Aysegul Bugra are available open access under a CC BY
4.0 license at link.springer.com. All three open access chapters
were funded by BIPAR.
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