As wildfires continue to grow in frequency and scale across California, and as the state’s homeowner’s insurance crisis continues to worsen, the California Department of Insurance (DOI) has issued a proposed regulation that,...more
The financial services industry continues to experience substantial growth and innovation as companies develop new ways to address evolving consumer expectations and risks. “Insurtech” refers to a relatively new and rapidly...more
11/1/2023
/ Artificial Intelligence ,
Change in Control ,
Financial Services Industry ,
FinTech ,
Innovative Technology ,
Insurance Industry ,
Investors ,
Licensing Rules ,
Machine Learning ,
Regulatory Requirements ,
Renewal Options
The metaverse will offer new forms of immersive entertainment, modes of social interaction, and opportunities for collaboration. It is also expected to generate tremendous economic value....more
The Goodwin Insurtech team recently published an article highlighting the trend of insurance regulators focusing on private equity-owned insurers and the key regulatory considerations applicable to such investments. As noted,...more
As innovative technologies continue to transform the insurance industry, private equity firms and venture capital funds continue to invest in promising insurtech startups and other licensed insurance entities. However, while...more
In This Issue. The Board of the Governors of the Federal Reserve (Federal Reserve) proposed a new supervisory framework for certain holding companies engaged in insurance activities; the Consumer Financial Protection Bureau...more
2/4/2022
/ Alternative Trading System (ATS) ,
Annual Reports ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Reporting Agencies ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Depository Institutions ,
Federal Reserve ,
Filing Fees ,
Form PF ,
Fund Sponsors ,
Hedge Funds ,
Holding Companies ,
Private Equity Funds ,
Proposed Amendments ,
Proposed Guidance ,
Proposed Rules ,
Public Comment ,
Regulation ATS ,
Securities and Exchange Commission (SEC)
Last week, Goodwin’s Insurtech team traveled to Las Vegas for InsureTech Connect, the world’s largest annual insurance technology conference, which brought together key players and thought-leaders to showcase new innovation...more
This is the first in a series of articles in which Goodwin will explore some of the key issues when contracting in the insurtech space.
The insurance industry is undergoing substantial innovation, as companies develop new...more