This month's edition of InsurTech Insights aims to make sense of the data issues faced by the insurance industry and its regulators.
Insurers are already using tech-based non-traditional sources of data, such as telematics and wearables to improve their risk ratings on customers. So why not also tap into the explosion of personalised data on social media?
In Rick Huckstep’s article he looks at the InsurTech trend of insurance personalisation, the growing interest in social media data, and the attitude of the regulator towards it.
In Meital Raviv’s KPMG article, she further draws attention to the fact that in this time of innovation-driven change, insurers must remain vigilant of their regulatory and compliance responsibilities.
