Tag: SCOR

RegTech took 2019 by storm. After several years of slowly building momentum, it looks like it has moved into the next gear, with more capital being deployed to the sector and more financial institutions adopting the services.

GDPR has not just been burdensome on financial services, but offered new opportunities, whether it’s getting firms to actually understand their data or even improving existing regulations, according to a panel at the Global InsurTech Summit 2019.

The insurance industry is rather focused on developing products and serving clients than further developing its compliance framework, according to Priscilla Cournède, head of group prudential and regulatory developments at SCOR.