On 21 February 2017, IAIS (International Association on Insurance Supervisors) issued a report on “FinTech Developments in the Insurance Industry”, which contains a description of the emerging technologies and innovative business models that have the potential to transform the insurance business, also defined as “InsurTech”.

In addition to depicting the relevant innovations, the report considers their drivers and possible impacts based on a scenario analysis. The findings in the report are intended “to inform the IAIS, the entire insurance supervisory community and other stakeholders allowing further strategic consideration and discussion of possible future work.”

[source: IAIS]