We all know the industry is facing challenges, however, within these challenges lie great opportunities for those who are able and willing to take them. In the changing regulatory environment, regulatory change can bring huge headaches but can also unlock new revenue streams. The event will focus on real technologies than can be deployed now. The event will be an exciting and thought-provoking breakfast-briefing in which theb organisers will show attendees how to create revenue from regulation and compliance.
The Insurance industry is faced with an increasing number of challenges, of which the compliance maintenance cost, coupled with increasing regulatory burden, amongst which GDPR is one of the biggest of several key challenges. An industry characterised by the storage and transmitting of large amountsof personal data is faced with both a challenge and an opportunity by GDPR. Furthermore, insurers are faced with a product which is merely a need to most customers instead of something in which they are interested. End-customer sbuying insurance are moreover continuously demanding lower fees. The combination of these factors results in an awareness about the need to transform the industry from within, which is further stimulated by the creation of new ‘InsurTech’ innovative products and services.
Venue: Ca(fé)sino on 41 rue Notre Dame, L-2240 Luxembourg-ville
Price: Entry is free-of-charge; A no-show policy is applied
Reservations: prior registration is mandatory - see https://www.eventbrite.com/e/regtech-solutions-for-insurance-tickets-43084336410