Articles & Insights
Analysis and commentary on insurance regulation, AI, Open Insurance, SupTech, and EU digital finance — from the InsurTech4Good weekly newsletter.
3 February 2025
InsurTech4Good Weekly Newsletter – #5, 2025
This week’s newsletter covers AI literacy requirements under the EU AI Act, a G7 report on AI in financial policymaking, insurer-academia AI partnerships, the EU Competitiveness Compass and its impact on InsurTech, real-world generative AI use cases in finance, and insights on consumer-facing AI.
3 February 2025
Artificial Intelligence and economic and financial policymaking
At their final meeting under the Italian G7 Presidency on 19 December 2024, the G7 Finance Ministers and Central Bank Governors received a report from a High-Level Panel of Experts on “Artificial Intelligence and Economic and Financial Policy Making.” Commissioned by the G7 Finance Ministers and Central Bank Governors, the report was led by Dr. Luis Videgaray and prepared by a panel of leading computer scientists, economists, and policy analysts. It explores AI's implications for the economy an
3 February 2025
Insurers Partnering with Academia to Advance AI Innovation
Leading insurers are increasingly collaborating with top academic institutions to explore the potential of artificial intelligence (AI) in the insurance sector. These partnerships aim to drive innovation, enhance risk assessment, and improve operational efficiency. Generali's Collaboration with MIT Generali has partnered with the Laboratory for Information and Decision Systems (LIDS) at the Massachusetts Institute of Technology (MIT), a globally recognized leader in applied research. The coll
3 February 2025
EU AI Act, AI literature and insurance
The AI Act aims to ensure a high level of protection for fundamental rights, health, and safety, while the insurance sector legislation, already applicable to the use of AI by insurance supervised entities, establishes principles on conduct and prudential objectives. AI Act follows a risk-based approach, classifying AI systems according to different risk levels (unacceptable risks, high risk, limited risk and minimal risk). In the insurance sector, the AI Act identifies as high-risk those AI s
30 January 2025
The EU Competitiveness Compass: What It Means for Insurance and InsurTech
The European Commission has published the EU Competitiveness Compass, a major initiative providing a strategic and clear framework to steer the Commission's work. While insurance is not explicitly mentioned, this does not mean the Competitiveness Compass will have no effect on the sector. Let’s take a deep dive. A Strategic Vision for Europe's Future The Competitiveness Compass sets out a path for Europe to become the global hub where future technologies, services, and clean products are inve
27 January 2025
InsurTech4Good Weekly Newsletter – #4, 2025
This week’s newsletter covers key developments from the European Commission’s new project groups on AI and finance, the growing role of AI in financial services, Allianz’s 2025 risk outlook and concerns raised by French authorities regarding the Financial Data Access (FiDA) regulation.
21 January 2025
3 newly established European Commission Commissioners' Project Groups important for finance and innovation
On January 7, 2025, the European Commission announced the creation of several new Commissioners' Project Groups. These groups represent a collaborative approach within the Commission, designed to address complex, cross-cutting issues more effectively. While their establishment is not unprecedented—the first such groups, then called "project teams," were introduced under Jean-Claude Juncker’s presidency—they continue to play a crucial role in advancing the Commission's strategic priorities. Im
20 January 2025
InsurTech4Good Weekly Newsletter – # 3, 2025
This week’s newsletter covers Open Finance adoption trends, responsible financial innovation, EIOPA’s Consumer Trends Report, AI in insurance, Global Risks 2025, DORA updates and agentic AI use cases.
13 January 2025
InsurTech4Good Weekly Newsletter – Week 2, 2025
This week’s newsletter covers the Solvency II review’s impact on InsurTech risk carriers, a guide on inclusive open finance, the growing role of tokenization in financial markets, challenges with wildfire insurance, and key insights from AI/ML in financial services. Read on for more updates.
6 January 2025
DECEMBER INSURTECH NEWSLETTER
Open Insurance | AI | GenAI | Open Data | AI and Blockchain | Global Insurance Market Trends | Estonian FinTech Market Overview | Parametric Insurance
20 December 2024
Shaping the Future: How Europe's New Policy Cycle Impacts InsurTech
With the European Commission’s new leadership in place, this post reflects on the previous policy cycle’s impact on InsurTech. Explore how initiatives like DORA, the AI Act, and the European Data Strategy shaped the industry and what the future holds for innovation and regulation in insurance.
5 December 2024
EU Member States Reach Agreement on Financial Data Access Framework (FIDA): Key Open Insurance Insights
Discover how the EU’s new Framework for Financial Data Access (FIDA) will shape open finance and insurance, with key implications for the industry.