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24 - Insurance Law and AI

Demystifying InsurTech

from Part III - Corporate and Commercial Law

Published online by Cambridge University Press:  21 March 2024

By
Özlem Gürses
Edited by
Ernest Lim  and
Phillip Morgan
Ernest Lim
Affiliation:
National University of Singapore
Phillip Morgan
Affiliation:
University of York
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Summary

The ever-growing involvement of InsurTech in the insurance operations requires us to consider the question of the level of disruption that the new technologies may have had on the insurance services, and therefore on society. To answer this question, the areas of insurance services in which InsurTech has been predominantly employed are explored. Following that, the social and economic impact of InsurTech is discussed together with the fundamental principles that guide the business and legal operation of insurance services.

Keywords

InsurTechinsurance lawactuarial fairness
Type
Chapter
Information
The Cambridge Handbook of Private Law and Artificial Intelligence , pp. 534 - 556
Publisher: Cambridge University Press
Print publication year: 2024

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