The InsurTechs in Brazil: a legal and regulatory analysis

2021 ◽  
Vol 280 (3) ◽  
pp. 149-182
Author(s):  
Ilan Goldberg
Keyword(s):  
Legal System ◽  
Insurance Industry ◽  
Consumer Experience ◽  
Regulatory Aspects ◽  
Technological Advances ◽  
Regulatory Analysis

The insurance industry is facing an unprecedented wave of disruption. While all stakeholders welcome the new insurance products and the improved consumer experience resulting from technological advances, jurists face a number of challenges. In particular, it could be asked: is the current Brazilian legal system able to regulate InsurTechs adequately? The following paper will analyze the legal and regulatory aspects of the operation of companies characterized as “InsurTechs” and how they are functioning in Brazil. To this aim, the following will be addressed: (i) the concept of InsurTech; (ii) the Brazilian regulatory authority’s Regulatory Sandbox approach and; (iii) The functioning of InsurTechs in Brazil.

Digital Interactions and Brand Experience Design

2019 ◽  
Vol 1 (1) ◽  
Author(s):  
Ashok RANCHHOD ◽  
Vanissa WANICK ◽  
Calin GURAU
Keyword(s):  
Brand Management ◽  
New Technologies ◽  
Emerging Technologies ◽  
Future Research ◽  
Brand Experience ◽  
Consumer Experience ◽  
Experience Design ◽  
Technological Advances ◽  
Post Purchase ◽  
Consumer Journey

This paper introduces an overview and positioning of the contemporary brand experience in the digital context. With technological advances in games, gamification and emerging technologies, such as Virtual Reality (VR) and Artificial Intelligence (AI), it is possible that brand experiences are getting more pervasive and seamless. In this paper, we review the current theories around multi-sensory brand experience and the role of new technologies in the whole consumer journey, including pre-purchase, purchase and post-purchase stages. After this analysis, we introduce a conceptual framework that promotes a continuous loop of consumer experience and engagement from different and new touch points, which could be augmented by games, gamification and emerging technologies. Based on the framework, we conclude this paper with propositions, examples and recommendations for future research in contemporary brand management, which could help brand managers and designers to deal with technological challenges posed by the contemporary society.

Determinants of Cost Efficiency and Productivity Growth of the Indonesian Insurance Industry

2016 ◽  
Vol 6 (2) ◽  
pp. 70-82 ◽  
Author(s):  
Viverita ◽  
Shinta Wulandari ◽  
Emilyn Cabanda
Keyword(s):  
Cost Efficiency ◽  
Insurance Industry ◽  
Productivity Change ◽  
Negative Effects ◽  
Technological Advances ◽  
New Findings ◽  
Insurance Firms ◽  
The Cost ◽  
Efficiency And Productivity ◽  
Property Casualty

This paper provides new empirical evidences on determinants of cost efficiency and productivity performance of life and property-casualty insurance firms in Indonesia. Data envelopment analysis (DEA) method is used to investigate the cost efficiency and Total Factor Productivity (TFP) among a balanced panel of 118 insurance firms (35 life insurance and 83 property-casualty insurance) over the period of 2006-2008. Results show that on average, insurers were operating at a low level of cost efficiency. However, by constructing the Malmquist Indices, this research finds a positive productivity change for the two types of insurance firms due to an increasing use of technological advances. Furthermore, the paper estimates the influence of some environmental variables on the cost efficiency using a multiple regression analysis. New findings indicate significant negative effects among types of insurance, size, and solvency on the firm's cost efficiency. Meanwhile, market share and ownership structure have positive but insignificant effects on the firms' efficiency. These findings are additional empirical evidences for the efficiency analysis of life and property-casualty insurance in a developing country.

scholarly journals Theorising Asset Forfeiture in Ireland

2007 ◽  
Vol 71 (5) ◽  
pp. 441-460 ◽  
Author(s):  
Liz Campbell
Keyword(s):  
Legal System ◽  
Due Process ◽  
Crime Control ◽  
Theoretical Perspective ◽  
Organised Crime ◽  
The State ◽  
Criminal Process ◽  
Regulatory Aspects ◽  
Legislative Framework ◽  
Asset Forfeiture

Various alterations to the Irish legal system have been effected in a bid to counter organised crime, the most radical of which was the introduction of civil forfeiture in 1996. This article examines the forfeiture process carried out by the Criminal Assets Bureau and seeks to analyse it from a theoretical perspective. Civil forfeiture may be regarded as embodying a move away from due process towards crime control, given the avoidance of traditional protections in the criminal process by its location in the civil realm. Moreover, the process may be characterised as an ‘apersonal means of tackling crime’, in which emphasis is laid on the non-moral and regulatory aspects of the law. This article further contends that civil forfeiture represents an adaptation to reality in which the State reconfigures the legislative framework so as to facilitate more readily the suppression of organised crime.

scholarly journals THE ADVANCES OF THE BRAZILIAN JUDICIAL SYSTEM AND THE USE OF ARTIFICIAL INTELLIGENCE: OPPOSITE OR PARALLEL WAYS TOWARDS THE EFFECTIVENESS OF JUSTICE?

2019 ◽  
Vol 4 (57) ◽  
pp. 249
Author(s):  
Valter Moura do CARMO ◽  
Jefferson Patrik GERMINARI ◽  
Fernando GALINDO
Keyword(s):  
Artificial Intelligence ◽  
Social Relations ◽  
Legal System ◽  
Intelligent Systems ◽  
Judicial System ◽  
Digital Tools ◽  
Linguistic Resources ◽  
Technological Advances ◽  
Working Together ◽  
Software Engineers

ABSTRACTObjectives: To point out the technological advances registered in the Brazilian Judiciary System in the digital age, mainly the benefits that the engineering has provided in the improvement of artificial intelligence tools which reflect in the speed of judgments, as well as defining the limits of the use of such resources in view of the of the peculiarities of the judging activity in an immersive and sometimes exclusive demand, in the dynamics between texts and contexts.Methodology: The methodology of this study is deductive coupled with techniques of bibliographical research by way of reviewing doctrine, journals, scientific articles and legislation. The study was strategically divided into a detailed investigation of themes that closely relate to the judicial system, the use of technologies and the effectiveness of Justice.Results: Despite all technological advances, considering the specialties of linguistic resources, whether of an ontological or semantic nature, added to the peculiarity of the jurisdictional services and the completeness of social relations, it is concluded that such technologies, however developed they may be, they are not above the magistrates, but at their side as tools to support jurisdictional practice. The scientific intimate must definitely remain under the human domain, the only one capable of transforming the text by context into a legal norm capable of guaranteeing, at any time, the effectiveness of Justice in the midst of a society as dynamic and transformative as it is today.Contributions: The discussion of working together between lawyers in the rational implementation of digital tools at their disposal and software engineers to simplify the legal world, through the development of intelligent systems, with the aim of understanding and applying their knowledge in the best way to solving questions about the administrative and technical complexity of the legal system, adequately responding to the demands of society.KEYWORDS: Effectiveness; Technology; Justice; Language; Artificial Intelligence. RESUMOObjetivos: Apontar os avanços tecnológicos registrados no Sistema Judiciário brasileiro na era digital, principalmente os benefícios que a engenharia proporcionou no aprimoramento das ferramentas de inteligência artificial que refletem na velocidade dos julgamentos, além de definir os limites do uso de tais recursos, tendo em vista as peculiaridades da atividade julgadora em uma demanda imersiva e às vezes exclusiva na dinâmica entre textos e contextos.Metodologia: A metodologia deste estudo é dedutiva, associada a técnicas de pesquisa bibliográfica, por meio da revisão de doutrina, periódicos, artigos científicos e legislação. O estudo foi estrategicamente dividido em uma pesquisa detalhada de temas que se relacionam estreitamente com o sistema judicial, o uso de tecnologias e a eficácia da Justiça.Resultados: Apesar de todos os avanços tecnológicos, considerando as especialidades dos recursos linguísticos, de natureza ontológica ou semântica, somadas à peculiaridade dos serviços jurisdicionais e à integridade das relações sociais, conclui-se que essas tecnologias, por mais desenvolvidas que sejam, não se posicionam acima dos magistrados, mas ao seu lado, como ferramentas para apoiar a prática jurisdicional. O íntimo científico deve definitivamente permanecer sob o domínio humano, o único capaz de transformar o texto por contexto em norma jurídica capaz de garantir, a qualquer momento, a efetividade da Justiça no meio de uma sociedade tão dinâmica e transformadora como é hoje.Contribuições: A discussão do trabalho em conjunto entre advogados na implementação racional das ferramentas digitais à sua disposição e os engenheiros de software para simplificar o mundo jurídico, através do desenvolvimento de sistemas inteligentes, com o objetivo de entender e aplicar da melhor forma os seus conhecimentos para a resolução de questões sobre a complexidade administrativa e técnica do sistema jurídico, respondendo adequadamente às demandas da sociedade.PALAVRAS-CHAVE: Efetividade; Tecnologia; Justiça; Linguagem; Inteligência Artificial.

Hail and Hailstorms

2018 ◽  
Author(s):  
Julian Brimelow
Keyword(s):  
Insurance Industry ◽  
Important Clue ◽  
Technological Advances ◽  
Internal Structures ◽  
Impossible Task ◽  
Insured Losses ◽  
The Many

Hail has been identified as the largest contributor to insured losses from thunderstorms globally, with losses costing the insurance industry billions of dollars each year. Yet, of all precipitation types, hail is probably subject to the largest uncertainties. Some might go so far as to argue that observing and forecasting hail is as difficult, if not more difficult, than is forecasting tornadoes. The reasons why hail is challenging are many and varied and reflected by the fact that hailstones display a wide variety of shapes, sizes and internal structures. There is also an important clue in this diversity—nature is telling us that hail can grow by following a wide variety of trajectories within thunderstorms, each having a unique set of conditions. It is because of this complexity that modeling hail growth and forecasting size is so challenging. Consequently, it is understandable that predicting the occurrence and size of hail seems an impossible task. Through persistence, ingenuity and technology, scientists have made progress in understanding the key ingredients and processes at play. Technological advances mean that we can now, with some confidence, identify those storms that very likely contain hail and even estimate the maximum expected hail size on the ground hours in advance. Even so, there is still much we need to learn about the many intriguing aspects of hail growth.

FinTech Disruption

2019 ◽  
pp. 61-74
Author(s):  
Julianne Callaway
Keyword(s):  
Life Insurance ◽  
Financial Services ◽  
Credit Card ◽  
Insurance Industry ◽  
Retirement Savings ◽  
Life Planning ◽  
Life Insurance Industry ◽  
Technological Advances ◽  
End Of Life Planning

Technological advances have enabled enhancements in the financial services industry such as improved digital sales opportunities, enhanced communication with consumers, expanded accessibility of services, and improved tools for financial planning. These advances are democratizing services once available only to wealthy, extending older peoples’ ability to live independently, and improving their quality of life. This chapter presents a series of case studies explaining how the life insurance industry can use technology and new data to streamline the life insurance underwriting process and improve trust and transparency between insurers and customers. It also discusses how new content can enable on-demand education and simplify end of life planning, as well as the difficulties people face when saving for the types of purchases that can lead to credit card debt and challenge retirement savings. We also touch on the potential for wearable technology to improve wellness and manage chronic diseases.

High-resolution measurement of birefringent fine structure in living cells using a new polarized light microscope

1995 ◽  
Vol 53 ◽  
pp. 54-55
Author(s):  
Rudolf Oldenbourg
Keyword(s):  
Light Microscope ◽  
Fluorescent Dyes ◽  
Polarized Light ◽  
Processing System ◽  
Video Camera ◽  
Molecular Organization ◽  
Computer Assisted ◽  
Image Recording ◽  
Birefringent Crystal ◽  
Technological Advances

The recent renaissance of the light microsope is fueled in part by technological advances in components on the periphery of the microscope, such as the laser as illumination source, electronic image recording (video), computer assisted image analysis and the biochemistry of fluorescent dyes for labeling specimens. After great progress in these peripheral parts, it seems timely to examine the optics itself and ask how progress in the periphery facilitates the use of new optical components and of new optical designs inside the microscope. Some results of this fruitful reflection are presented in this symposium.We have considered the polarized light microscope, and developed a design that replaces the traditional compensator, typically a birefringent crystal plate, with a precision universal compensator made of two liquid crystal variable retarders. A video camera and digital image processing system provide fast measurements of specimen anisotropy (retardance magnitude and azimuth) at ALL POINTS of the image forming the field of view. The images document fine structural and molecular organization within a thin optical section of the specimen.

“Getting High Resolution Out of A High Voltage Microscope”

1980 ◽  
Vol 38 ◽  
pp. 822-825
Author(s):  
David J. Smith
Keyword(s):  
Electron Microscope ◽  
High Resolution ◽  
High Voltage ◽  
Theoretical Limit ◽  
Voltage Electron ◽  
High Voltage Electron Microscope ◽  
High Voltage Electron ◽  
Technological Advances ◽  
Potential Improvement ◽  
Lower Voltage

The initial attractions of the high voltage electron microscope (HVEM) stemmed mainly from the possibility of considerable increases in electron penetration through thick specimens compared with conventional 100KV microscopes, although the potential improvement in resolution associated with the decrease in election wavelength had been fully appreciated for many years (eg. Cosslett, 1946)1, even if not realizable in practice. Subsequent technological advances enabled the performance of lower voltage machines to be brought closer to the theoretical limit, to be followed in turn by more recent projects which have been successful, eventually, in achieving even higher resolution with dedicated higher voltage instruments such as those at Kyoto (500KV)2, Munich (400KV)3, Ibaraki (1250KV)4 and Cambridge (600KV)5. It does not necessarily follow however that the performance of journal high voltage microscopes can be easily upgraded, retrospectively, to the same level, as will be discussed in detail below.

Family Support in Early Hearing Detection and Intervention (EHDI) Systems

2012 ◽  
Vol 22 (1) ◽  
pp. 11-21
Author(s):  
Patti Martin ◽  
Nannette Nicholson ◽  
Charia Hall
Keyword(s):  
Family Support ◽  
Hard Of Hearing ◽  
Critical Role ◽  
Annual Conference ◽  
Federal Law ◽  
Think Tank ◽  
Learning Collaborative ◽  
Technological Advances ◽  
Improved Outcomes ◽  
Program Components

Family support has evolved from a buzzword of the 1990s to a concept founded in theory, mandated by federal law, valued across disciplines, and espoused by both parents and professionals. This emphasis on family-centered practices for families of young children with disabilities, coupled with federal policy initiatives and technological advances, served as the impetus for the development of Early Hearing Detection and Intervention (EHDI) programs (Nicholson & Martin, in press). White, Forsman, Eichwald, and Muñoz (2010) provide an excellent review of the evolution of EHDI systems, which include family support as one of their 9 components. The National Center for Hearing Assessment and Management (NCHAM), the Maternal and Child Health Bureau, and the Center for Disease Control Centers cosponsored the first National EHDI Conference. This conference brought stakeholders including parents, practitioners, and researchers from diverse backgrounds together to form a learning collaborative (Forsman, 2002). Attendees represented a variety of state, national, and/or federal agencies and organizations. This forum focused effort on the development of EHDI programs infused with translating research into practices and policy. When NCHAM, recognizing the critical role of family support in the improvement of outcomes for both children and families, created a think tank to investigate the concept of a conference centered on support for families of children who are deaf or hard of hearing in 2005, the “Investing in Family Support” (IFSC) conference was born. This conference was specifically designed to facilitate and enhance EHDI efforts within the family support arena. From this venue, a model of family support was conceptualized and has served as the cornerstone of the IFSC annual conference since 2006. Designed to be a functional framework, the IFSC model delineates where and how families find support. In this article, we will promote and encourage continued efforts towards defining operational measures and program components to ultimately quantify success as it relates to improved outcomes for these children and their families. The authors view this opportunity to revisit the theoretical underpinnings of family support, the emerging research in this area, and the basics of the IFSC Model of Family Support as a call to action. We challenge professionals who work with children identified as deaf or hard of hearing to move family support from conceptualization to practices that are grounded in evidence and ever mindful of the unique and dynamic nature of individual families.

FM Verification for the 21 st Century

2008 ◽  
Vol 18 (1) ◽  
pp. 4-9 ◽  
Author(s):  
Leisha Eiten ◽  
Dawna Lewis
Keyword(s):  
Hearing Loss ◽  
Hearing Aids ◽  
Hearing Aid ◽  
Current Technology ◽  
The Past ◽  
Technological Advances ◽  
Children With Hearing Loss

Background: For children with hearing loss, the benefits of FM systems in overcoming deleterious effects of noise, distance, and reverberation have led to recommendations for use beyond classroom settings. It is important that audiologists who recommend and fit these devices understand the rationale and procedures underlying fitting and verification. Objectives: This article reviews previousguidelines for FM verification, addresses technological advances, and introduces verification procedures appropriate for current FM and hearing-aid technology. Methods: Previous guidelines for verification of FM systems are reviewed. Those recommendations that are appropriate for current technology are addressed, as are procedures that are no longer adequate for hearing aids and FM systems utilizing more complex processing than in the past. Technological advances are discussed, and an updated approach to FM verification is proposed. Conclusions: Approaches to verification andfitting of FM systems must keep pace with advances in hearing-aid and FM technology. The transparency approach addressed in this paper is recommended for verification of FM systems coupled to hearing aids.

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