TY - JOUR
T1 - Navigating insurtech: The digital intermediaries of insurance products and customer protection in the EU
AU - Marano, Pierpaolo
PY - 2019
Y1 - 2019
N2 - Emerging technology-driven innovations in the insurance industry is a trend of recent years. ‘InsurTech’ is the portmanteau describing this phenomenon. Insurance intermediaries are the main distributors of the insurance contracts and several digital intermediaries are already operating with InsurTech. The European Union legal framework on insurance distribution mainly consists of the Insurance Distribution Directive, which came into force a few months ago. However, the Insurance Distribution Directive does not provide standards specifically dictated to these intermediaries. The paper aims to verify, despite this shortcoming, whether and how the recent discipline applies to digital intermediaries.
AB - Emerging technology-driven innovations in the insurance industry is a trend of recent years. ‘InsurTech’ is the portmanteau describing this phenomenon. Insurance intermediaries are the main distributors of the insurance contracts and several digital intermediaries are already operating with InsurTech. The European Union legal framework on insurance distribution mainly consists of the Insurance Distribution Directive, which came into force a few months ago. However, the Insurance Distribution Directive does not provide standards specifically dictated to these intermediaries. The paper aims to verify, despite this shortcoming, whether and how the recent discipline applies to digital intermediaries.
KW - Comparison websites
KW - Digital intermediaries
KW - European insurance markets
KW - Insurance Distribution Directive (IDD)
KW - Insurance distribution
KW - Insurance intermediaries
KW - Peer-to-peer insurance
KW - Robo-advice
KW - Comparison websites
KW - Digital intermediaries
KW - European insurance markets
KW - Insurance Distribution Directive (IDD)
KW - Insurance distribution
KW - Insurance intermediaries
KW - Peer-to-peer insurance
KW - Robo-advice
UR - http://hdl.handle.net/10807/171214
U2 - 10.1177/1023263X19830345
DO - 10.1177/1023263X19830345
M3 - Article
SN - 1023-263X
VL - 26
SP - 294
EP - 315
JO - Maastricht Journal of European and Comparative Law
JF - Maastricht Journal of European and Comparative Law
ER -