Open Insurance has the advantage of having an older brother, Open Banking, which has ventured out before with similar aspirations and goals. There is a rich set of experiences from various Open Banking initiatives and especially from implementing banks around the world. So what can Open Insurance learn from Open Banking and more concretely: what best practices from Open Banking should insurance companies adopt to have the best possible chances of success in Open Insurance?
Check out the full blog on https://www.finextra.com/blogposting/21105/open-insurance-what-to-scoop-and-what-to-drop-from-open-banking
Also published on Medium.