CTO Corner: InsurTech – Trends, Issues, and Recommendations
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Highlights – An explosion of new start-up companies and technology advances are changing the insurance industry. Although these advancements hold promise for a more efficient, customer-focused insurance industry, they raise privacy, security, and regulatory questions. Such questions include what rights each of the parties have with respect to the raw, aggregated, and processed data; what uses should be permissible; and under what circumstances.