Leveraging technology in insurance to enhance risk assessment and policyholder risk reduction

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<title>Leveraging technology in insurance to enhance risk assessment and policyholder risk reduction</title>
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<dateIssued>2023</dateIssued>
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<abstract displayLabel="Summary">This policy paper provides an overview of the data sources, analytical tools and engagement platforms that insurance companies are increasingly applying to risk assessment and support for policyholder risk reduction and the potential challenges to adopting these technologies, including potential regulatory impediments. It also provides a set of potential good practices for governments and insurance regulators and supervisors for developing an enabling environment for the adoption of technology in insurance risk assessment and support for risk reduction while mitigating the potential risks to consumers</abstract>
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