INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
In recent years, the insurance industry has been undergoing significant transformations propelled by technological disruptions. From the integration of artificial intelligence (AI) and machine learning (ML) algorithms to the emergence of blockchain and Internet of Things (IoT) applications, insurers are harnessing innovative technologies to streamline operations, enhance customer experience, and mitigate risks. While these advancements offer promising opportunities for the industry, they also bring forth a myriad of regulatory challenges that demand careful navigation of legal and ethical dimensions.
This paper aims to delve into the regulatory landscape surrounding technological disruptions in the insurance sector, highlighting key legal and ethical considerations that insurers must address. By examining the evolving regulatory frameworks, emerging ethical dilemmas, and pertinent case studies, this study seeks to provide insights into effective strategies for managing regulatory challenges and fostering responsible innovation within the insurance industry.
The following sections will explore various aspects of regulatory challenges, including data privacy and security, consumer protection, regulatory compliance, and ethical implications. Through comprehensive analysis and practical recommendations, this paper aims to equip insurers, policymakers, and other stakeholders with the knowledge and tools necessary to navigate the complex terrain of technological disruptions in the insurance sector while upholding legal and ethical standards.
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"Regulatory Challenges in Technological Disruptions of Insurance Industry: Navigating Legal and Ethical Dimensions", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 5, page no.876-933, May-2024, Available :http://www.ijnrd.org/papers/IJNRDTH00154.pdf
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2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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