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The 21st Century Steam Engine: A Survey of eCommerce Issues in the Insurance Sector

Illinois Insurance attorney and Association of Insurance Compliance Professionals Great Lakes Chapter President Karen Yotis interviewed AICP National General Counsel Richard Fidei, a shareholder at Colodny Fass Talenfeld Karlinsky Abate Webb in Florida, about the insurance regulatory impact on eCommerce—or is it the impact of eCommerce on insurance regulations?
Training Course :OnDemand Recording
$299.00
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ISBN: 0006023440632
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Duration: 99 minutes

“The internet, like the steam engine,” Austrailian Philosopher Pete Singer once explained, “is a technological breakthrough that changed the world.” That assessment is difficult to dispute—most especially so in the area of eCommerce.  The highly regulated insurance sector, in particular, must ensure that this rapidly evolving technology remains in compliance with those regulations.  Illinois Insurance attorney and Association of Insurance Compliance Professionals Great Lakes Chapter President Karen Yotis interviewed AICP National General Counsel Richard Fidei, a shareholder at Colodny Fass Talenfeld Karlinsky Abate Webb in Florida, about the insurance regulatory impact on eCommerce—or is the impact of eCommerce on insurance regulations?  Throughout the interview, the pair highlighted seven key areas related to eCommerce:

  • ELECTRONIC TRANSACTIONS
  • SOCIAL MEDIA IMPACT
  • TELEMATICS
  • PREDICTIVE ANALYTICS
  • PRIVACY REQUIREMENTS
  • CYBER BREACH PREVENTION AND RESPONSE
  • RECORDS RETENTION
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