Cloud services: changes on the way for Luxembourg insurers

Check out our lastest blog on this topic ! On 24 June 2020, Luxembourg’s insurance regulatory body (Commissariat aux Assurances – CAA) published Circular Letter 20/13 concerning the EIOPA guidelines on outsourcing to cloud service providers (EIOPA-BoS-20-002). Through this circular letter, the CAA clarifies that it fully intends to apply these guidelines, i […]

Open banking: a game changer for business and operating models

This article was prepared together with Markus Lamest and Elma Memic. The Covid-19 pandemic hit the worldwide banking industry when it was already experiencing a turning point in terms of its business and operating models. Banks haven’t faced this opportunity and need for change in centuries. More than ever before, customers expect a service experience adapte […]

Europe’s new reality: Go digital, go green

This article was originally published on by Jonathan Lavender, Leadership, Global Head of KPMG Private Enterprise and Head of Markets. How scaling up green technology can help put Europe on the road to recovery. Record-high unemployment rates and government support necessary for the survival of some of the largest companies across the globe: this is […]

Can fintech lead innovation post Covid-19?

The article was originally published on by Anton Ruddenklau, Global Co-Leader of Fintech for KPMG International, and a Partner and the Head of Digital & Innovation for Financial Services in KPMG in the UK. The dotcom crash of the early 2000’s led to the creation of tech giants like Google; the global financial crisis of 2008/09 saw the emergenc […]

Predicting a Path

The article was originally published on by Kevin Bolen, Author, U.S. Leader, Strategic Investments. As COVID-19 continues to spread, more than three-quarters of the world has engaged in some degree of social distancing.1 These circumstances are not what we expected just 60-90 days ago, and significant aftershocks are still to come. The pande […]

How to manage risks and be innovative—at the same time

Meital Raviv, Director and Head of Fintech and Innovation at KPMG Israel, has written the following article about how to recognize and minimize risks while—as businesses today must do—flying forward with innovation. The insurance industry is in the midst of unprecedented change. Changing customer dynamics, rapidly evolving technologies, and the growing ab […]