From the Blog
Articles & Insights
Analysis and commentary on financial innovation, regulation, AI, Open Finance, and SupTech.
19 November 2024 · 1 min read
Atomico’s State of European Tech Report 2024 and FinTech
The 10th-anniversary edition of Atomico’s State of European Tech 2024 report has been released, offering a data-driven analysis of the trends, challenges, and opportunities that have shaped European tech over the past decade. This landmark edition provides valuable insights into the current state of the ecosystem and outlines what is needed to fully unlock its potential. In this article, I highlight key findings from the report, particularly those related to insurance, FinTech, and regulation.
17 November 2024 · 2 min read
6 Key Recommendations from the UK Treasury to the Financial Conduct Authority (FCA)
UK Financial Services and Markets Act 2000 requires the Treasury, at least once in each Parliament, to make recommendations to the FCA about aspects of the government’s economic policy to which the FCA should have regard when advancing its objectives and discharging its duties. The latest recommendation was published on 14 November 2024, and, among other points, it highlights the importance of supporting innovation. The recommendations highlights that the FCA should have regard to the governme
15 November 2024 · 4 min read
Computable Contracts: Transforming Consumer Protection and Supervision in Insurance
Insurance is complex. The overall complexity of insurance products makes it difficult for consumers to understand the differences between them, their features, and their associated risks. Consumer trust in financial and insurance services is low compared to other markets. The supervisory and regulatory toolbox to address this complexity includes tools such as disclosures, product design and development rules, consumer journey design principles, and product standardization (e.g., the "simple or
15 November 2024 · 6 min read
Designing for Trust: Consumer-Friendly Choice Architecture in Insurance
Insurance is complex The inherent complexity of insurance products makes it difficult for consumers to understand their differences, features, and associated risks. Trust in financial and insurance services remains low compared to other markets, with consumers often perceiving insurance as a "necessary evil." Traditionally, disclosures have been viewed as a tool to address complexity and build trust, operating on the premise that correcting information asymmetries enables consumers to make opt
14 November 2024 · 2 min read
Unlocking the Potential of the EU Digital Identity Wallet: Implications for Insurance and Beyond
The European Digital Identity Framework amends the eIDAS regulation (Regulation (EU) No 910/2014), with the goal of creating a unified approach to electronic identification that functions across all Member States. The EU Digital Identity Wallet seeks to enhance the way citizens and businesses securely identify and authenticate themselves online, strengthening trust in cross-border services by providing a unified, secure, and user-friendly digital identity solution across the EU. It will be ava