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Insure Tech Companies Warned Not to Cut Regulatory Corners

By Elaine Goodman (medical/business Reporter)

Monday, March 19, 2018 | 0

LAS VEGAS — Insurance technology startups are under tremendous pressure to grow, and that sometimes leads to cutting corners when it comes to regulatory compliance, an attorney and former insurance regulator said on Friday. And an insure tech company’s competitors are the ones most likely to report them to regulators, said John Finston, a partner in the San Francisco office of law firm Drinker, Biddle & Reath, and former deputy insurance commissioner for the State of California. Finston’s comments came during a presentation on insure tech at the American Societ...

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