Overview
- Includes three open access chapters funded by BIPAR
- Is the first book dealing with legal and regulatory issues arising from InsurTech
- Provides a comprehensive overview of the legal and regulatory profiles of the InsurTech
- Identifies gaps in the current law and regulation framework dealing with enabling technologies applied to the insurance business
Part of the book series: AIDA Europe Research Series on Insurance Law and Regulation (ERSILR, volume 1)
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Table of contents (17 chapters)
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Technological Innovations and Insurance
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Insurance Contracts in a Digitalized World
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Cyber Insurance, Robots
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Autonomous Vehicles and Transportation
Keywords
- Insurance Regulation
- Financial Services
- Insurance Law
- International Association of Insurance Law
- AIDA
- Insurance Market
- Insurance Contract Law
- Artificial Intelligence
- Internet of Things
- FinTech
- InsurTech
- Sharing Economy
- Autonomous Vehicles
- Civil Liability
- Blockchain Technology
- Smart Cars
- Cloud Computing
- Big Data
- Smart Contracts
- Insurance Products
About this book
This Volume of the AIDA Europe Research Series on Insurance Law and Regulation explores the key trends in InsurTech and the potential legal and regulatory issues that accompany them. There is a proliferation of ideas and concepts within InsurTech that will fundamentally change the market in the next few years. These innovations have the potential to change the way the insurance industry works and alter the relationships between customers and insurers, resulting in insurance products that are more closely aligned to individual preferences and priced more appropriately to the risk. Increasing use of technology in the insurance sector is having both a disruptive and transformative impact on areas including product development, distribution, modelling, underwriting and claims and administration practice. The result is a new industry, known as InsurTech. But while the insurance market looks to technology for greater efficiency, regulators are beginning to raise concerns about managing potential risks.
The first part of the book examines technological innovations relevant for insurance, such as FinTech, InsurTech, Sharing Economy, and the Internet of Things. The second part then gathers contributions on insurance contract law in a digitalized world, while the third part focuses on cyber insurance and robots. Last but not least, the fourth part of the book discusses legal and ethical questions regarding autonomous vehicles and transportation, including the shipping industry, as well as their impact on the insurance sector and civil liability. Written by legal scholars and practitioners, the book offers international, comparative and European perspectives.
The Chapters "FinTech, InsurTech and the Regulators" by Viktoria Chatzara, "Smart Contracts in Insurance. A Law and Futurology Perspective" by Angelo Borselli and "Room for Compulsory Product Liability Insurance in the European Union for Smart Robots?” by Aysegul Bugra are available open access undera CC BY 4.0 license at link.springer.com. All three open access chapters were funded by BIPAR.
Editors and Affiliations
Bibliographic Information
Book Title: InsurTech: A Legal and Regulatory View
Editors: Pierpaolo Marano, Kyriaki Noussia
Series Title: AIDA Europe Research Series on Insurance Law and Regulation
DOI: https://doi.org/10.1007/978-3-030-27386-6
Publisher: Springer Cham
eBook Packages: Law and Criminology, Law and Criminology (R0)
Copyright Information: Springer Nature Switzerland AG 2020
Hardcover ISBN: 978-3-030-27385-9Published: 18 December 2019
Softcover ISBN: 978-3-030-27388-0Published: 16 December 2020
eBook ISBN: 978-3-030-27386-6Published: 05 December 2019
Series ISSN: 2662-1770
Series E-ISSN: 2662-1789
Edition Number: 1
Number of Pages: VI, 401
Number of Illustrations: 2 b/w illustrations
Topics: Private International Law, International & Foreign Law, Comparative Law, Insurance, European Economic Law, International Economic Law, Trade Law, Common Contract Law, Commercial Law
Industry Sectors: Finance, Business & Banking, Law