Regtech companies can help insurers comply with regulation more efficiently. In 2021, investment grew significantly more than in previous years in the Regtech field.
Regtech Companies to Keep an Eye On
Agent Sync, a US company that received a $100M investment and offers a compliance as a service solution, which integrates regulatory agency databases with central business systems (Salesforce) to ensuring that companies can be sure that their processes meet compliance requirements.
FRISS, a Dutch company, which received $64M in financing and which is specialized in automatic risk and fraud detection (through AI solutions) for general insurance companies.