Workshop 3: Big Data - Playing by the Rules
Shareholder, Carlton Fields
This workshop session is valuable to both insurers and providers. We will focus on the laws and regulations insurance companies must weigh when implementing big data programs.
Attendees will receive these key takeaways:
An up-to-date report on regulations regarding insurers’ use of big data that covers activity by the National Association of Insurance Commissioners, federal regulators (e.g. Federal Trade Commission, Federal Insurance Office), and the Financial Conduct Authority, the UK’s financial regulator.
A basic understanding of U.S. insurance law concepts such as unfair discrimination, unfair insurance and trade practices laws, and privacy laws and how each might impact insurers’ potential uses of big data.