Detailansicht
The 'Dematerialized' Insurance
eBook - Distance Selling and Cyber Risks from an International Perspective
ISBN/EAN: 9783319284101
Umbreit-Nr.: 9283995
Sprache:
Englisch
Umfang: 0 S., 4.34 MB
Format in cm:
Einband:
Keine Angabe
Erschienen am 03.08.2016
Auflage: 1/2016
E-Book
Format: PDF
DRM: Digitales Wasserzeichen
- Zusatztext
- <p>This book adopts an international perspective to examine how the online sale of insurance challenges the insurance regulation and the insurance contract, with a focus on insurance sales, consumer protection, cyber risks and privacy, as well as dispute resolution. Today insurers, policyholders, intermediaries and regulators interact in an increasingly online world with profound implications for what has up to now been a traditionally operating industry. While the growing threats to consumer and business data from cyber attacks constitute major sources of risk for insurers, at the same time cyber insurance has become the fastest growing commercial insurance product in many jurisdictions.</p><p>Scholars and practitioners from Europe, the United States and Asia review these topics from the viewpoints of insurers, policyholders and insurance intermediaries. In some cases, existing insurance regulations appear readily adaptable to the online world, such as prohibitions on deceptive marketing of insurance products and unfair commercial practices, which can be applied to advertising through social media, such as Facebook and Twitter, as well as to traditional written material. In other areas, current regulatory and business practices are proving to be inadequate to the task and new ones are emerging.&nbsp; For example, the insurance industry and insurance supervisors are exploring how to review, utilize, profit from and regulate the explosive growth of data mining and predictive analytics (big data), which threaten long-standing privacy protection and insurance risk classification laws.</p>This books ambitious international scope matches its topics. The online insurance market is cross-territorial and cross-jurisdictional with insurers often operating internationally and as part of larger financial-services holding companies.&nbsp; The authors exploration of these issues from the vantage points of some of the worlds largest insurance markets the U.S., Europe and Japan provides a comparative framework, which is necessary for the understanding of online insurance.<p></p>
- Kurztext
- This book adopts an international perspective to examine how the online sale of insurance challenges the insurance regulation and the insurance contract, with a focus on insurance sales, consumer protection, cyber risks and privacy, as well as dispute resolution. Today insurers, policyholders, intermediaries and regulators interact in an increasingly online world with profound implications for what has up to now been a traditionally operating industry. While the growing threats to consumer and business data from cyber attacks constitute major sources of risk for insurers, at the same time cyber insurance has become the fastest growing commercial insurance product in many jurisdictions.Scholars and practitioners from Europe, the United States and Asia review these topics from the viewpoints of insurers, policyholders and insurance intermediaries. In some cases, existing insurance regulations appear readily adaptable to the online world, such as prohibitions on deceptive marketing of insurance products and unfair commercial practices, which can be applied to advertising through social media, such as Facebook and Twitter, as well as to traditional written material. In other areas, current regulatory and business practices are proving to be inadequate to the task and new ones are emerging.&nbsp; For example, the insurance industry and insurance supervisors are exploring how to review, utilize, profit from and regulate the explosive growth of data mining and predictive analytics (&quote;big data&quote;), which threaten long-standing privacy protection and insurance risk classification laws.This book's ambitious international scope matches its topics. The online insurance market is cross-territorial and cross-jurisdictional with insurers often operating internationally and as part of larger financial-services holding companies.&nbsp; The authors' exploration of these issues from the vantage points of some of the world's largest insurance markets - the U.S., Europe and Japan - provides a comparative framework, which is necessary for the understanding of online insurance.
- Autorenportrait
- <p><b>PierpaoloMarano</b>, Associate Professor of Insurance Law, Catholic University of the SacredHeart, Faculty of Banking, Finance and Insurance Sciences Milan, Senior LegalOf Counsel PWC legal, Milan Rome, Italy</p><p><b>IoannisRokas</b>, Professor ofCommercial Law (ret.), Athens University of Economics& Business, SeniorPartner Rokas& Partners Law firm, Athens, Greece</p><p><b>Peter Kochenburger</b>, Associate Clinical Professor of Insurance Law, DeputyDirector Insurance Law Center, University of Connecticut, Law School, Hartford,USA</p>