From the Blog
Articles & Insights
Analysis and commentary on financial innovation, regulation, AI, Open Finance, and SupTech.
11 May 2025 · 1 min read
Open Insurance Use Case: Insurance Dashboard
Currently, consumers are unable to access a single, user-friendly overview of their existing insurance policies—but open insurance can change that. It is also difficult for consumers to compare their current policies with new offers during the purchasing process, making it harder to make informed decisions about switching or supplementing coverage. Open insurance can address that challenge as well. An insurance dashboard, built on open insurance or a broader open finance framework, could help
23 April 2025 · 2 min read
Introduction to EU’s Financial Data Access (FiDA) proposal
If you operate in finance or insurance—and fall into one of the categories below—you cannot afford to ignore the EU’s Financial Data Access (FiDA) proposal. 1. Credit institution 2. Payment institution 3. Electronic money institution 4. Investment firm 5. Crypto-asset service provider 6. Issuer of asset-referenced tokens 7. Manager of alternative investment funds 8. Management company of undertakings for collective investment in transferable securities 9. Insurance undertaking
17 April 2025 · 14 min read
InsurTech 2050 | Alain Aun, Rendin
The goal of the InsurTech 2050 Interview Series is to create a platform where InsurTech founders, CEOs, and top insurance regulators and policymakers share their journeys and insights. This series aims to: * Inspire and support fellow founders and regulators/policymakers. * Foster closer collaboration and understanding between these two groups. * Provide thoughtful, in-depth discussions on the future of insurance and its biggest challenges. Today I´m speaking with Alain Aun from Rendin. T
14 April 2025 · 1 min read
How policymakers can better support (InsurTech) start-ups?
Start-ups are powerful engines of breakthrough innovation and technologies that can drive economic dynamism and growth. However, their success depends on access to appropriate funding, supportive policy frameworks, and robust innovation ecosystems. The OECD recently outlined four evidence-based strategies that policymakers can implement to help start-ups thrive: 1. Maintain a diverse funding environment 2. Promote co-operation while reducing dependencies 3. Promote entrepreneurship stemming
11 April 2025 · 1 min read
Digital Fairness Act and insurance
The European Commission’s 2024 fitness check (evaluation) on digital fairness identified gaps in consumer protection online. The next step is the development of a Digital Fairness Act. Building on the existing EU digital rulebook, this initiative aims to address problematic practices such as: * Unfair commercial practices related to dark patterns * Misleading marketing by influencers * Addictive design of digital products * Unfair personalisation practices It also seeks to ensure a level
24 March 2025 · 2 min read
Savings and Investments Union: Focus on Insurance and Pensions
The European Commission has adopted its strategy for the Savings and Investments Union (SIU). The SIU aims to create better financial opportunities for EU citizens while enhancing the financial system’s ability to connect savings with productive investments. This will provide savers with more choices to grow their household wealth and enable businesses across Europe to expand. At the EU level, measures will be required to support competition and ultimately offer retail investors a broader selec
12 March 2025 · 10 min read
InsurTech 2050 | Rauno Sigur, DriveX Technologies
The goal of the InsurTech 2050 Interview Series is to create a platform where InsurTech founders, CEOs, and top insurance regulators and policymakers share their journeys and insights. This series aims to: * Inspire and support fellow founders and regulators/policymakers. * Foster closer collaboration and understanding between these two groups. * Provide thoughtful, in-depth discussions on the future of insurance and its biggest challenges. Today I´m speaking with Rauno Sigur from DriveX T
18 February 2025 · 12 min read
InsurTech 2050 | Hedi Mardisoo, Cachet
The goal of the InsurTech 2050 Interview Series is to create a platform where InsurTech founders, CEOs, and top insurance regulators and policymakers share their journeys and insights. This series aims to: * Inspire and support fellow founders and regulators/policymakers. * Foster closer collaboration and understanding between these two groups. * Provide thoughtful, in-depth discussions on the future of insurance and its biggest challenges. Today I´m speaking with Hedi Mardisoo from Cachet
17 February 2025 · 2 min read
Embedded supervision of decentralized finance
The European Commission has just published a report presenting the outcome of a study undertaken by IBM Promontory for the Commission on embedding supervision in decentralized finance (DeFi). The project comprised four distinct phases: identifying use cases and protocols to assess, defining elements of comparison (benchmarks) with supervision in traditional finance (TradFi), developing a software application to collect data from the ledger, and analyzing the collected data to assess the potenti
17 February 2025 · 1 min read
The European Commission's 2025 work plan and insurance
The European Commission's 2025 work plan has just been published, and for the insurance and financial sectors, the key takeaway is that the Financial Data Access (FiDA) proposal has been moved back under pending proposals compared to the leaked version! What does this mean? Regardless of whether you support or oppose FiDA, trilogues will most likely start now. If you still want to influence the negotiations, this is where you should focus your efforts. For background, every year, the Commissio
17 February 2025 · 1 min read
EIOPA Consults on Its Opinion on Artificial Intelligence Governance and Risk Management
The EU insurance watchdog, EIOPA, is seeking feedback on its Opinion on Artificial Intelligence (AI) governance and risk management. The Opinion provides supervisors and insurance undertakings with guidance on how to interpret and implement insurance sector provisions in light of AI systems' use in insurance. It clarifies the key principles and requirements outlined in insurance sector legislation that should be considered when deploying AI systems. The Opinion applies to AI systems that are n
11 February 2025 · 1 min read
Frequently Asked Questions about the Data Act
The EU Data Act sets horizontal rules on data access and use, ensuring fundamental rights protection and benefiting the European economy and society. It increases data availability, particularly industrial data, and promotes data-driven innovation. The Act also ensures a fair distribution of data value among all participants in the data economy. The Data Act will apply from 12 September 2025. The European Commission has now published updated Q&As on its implementation. Alongside the Data Go