EP 07 - Timothy Chan - Norton Rose Fulbright - The InsurTech Lawyer - Oh, the Internet Is Down

27/08/2021 35 min

Listen "EP 07 - Timothy Chan - Norton Rose Fulbright - The InsurTech Lawyer - Oh, the Internet Is Down"

Episode Synopsis

The Wolfcast was joined by Timothy Chan, Insurance and Insurtech Lawyer at Norton Rose Fulbright in Sydney, Australia.  Tim is also the Founder of The InsurTech Lawyer blog on which he shares news (and sometimes thoughts) on the emerging area of InsurTech Law.
Some of the topics that Tim and I covered:

InsurTechs aim to make things simpler for consumers
Where there is risk, there is an opportunity to insure that risk
Recent internet outages including Microsoft Exchange, Akamai, and Fastly
Emerging digital economy risks
Aggregation and concentration risks
Pricing internet outage risk
Parametric insurance and third party validation
Parametric products and some legal insights
Regulatory requirements and product uniformity
Data and the impact of Open Banking on Insurance

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