NIS-2, DORA and CRA form the regulatory framework in the EU to ensure the security and resilience of digital technologies and to safeguard technological progress in the long term. They also affect cooperation between insurers and ICT service providers: cyber security and resilience are becoming a task to be solved in partnership.
MORE...Welcome to "The Future of Insurance" Blog
With the AI Act, the EU has established a binding legal framework to ensure that AI systems are developed and used in a safe, transparent, traceable, and non-discriminatory manner. But what needs to be done in an AI project in the insurance sector with regard to regulatory compliance?
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Non-life insurers face a dilemma: costs need to be reduced without compromising customer service. The use of artificial intelligence offers a way out.
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