Last month the 4th edition of DIA- Digital Insurance Agenda - took place in Amsterdam, the largest insurtech event in Europe, filled with innovative solutions and inspiring presentations.
Signaturit was there together with the belgian law firm De Groote-De Man to present eConsent: a new solution that will help insurance companies comply with the new GDPR.
If you want to know more about our participation at DIA Amsterdam and our eConsent solution, please keep reading.
Signaturit & DGDM announced eConsent
On the second day of DIA Amsterdam our CMO Salvador Severich together with Ingrid de Poorter of DGDM presented eConsent during the 10-minute Show & Tell session.
Here you can have a look at the video of our presentation:
What is eConsent?
eConsent is our newest product, developed in collaboration with the belgian law firm De Groote-De Man, and it's the best solution to collect proven consent to process, store and transfer personal data.
The aim of this new product is to protect companies from GDPR conflicts by providing legitimate proof of the consent. As GDPR issues can result in enormous costs, this tool will be an essential safety-net for all companies operating in the EU.
The eConsent tool has been designed in a user-friendly way to easily obtain consent in a lawful and legal manner. As there are 4 different solutions that can be used, depending on the needs of the company, eConsent is an all in one solution for all businesses across Europe.
Picture: Signaturit and De Groote-De Man together on stage at DIA Amsterdam 2018.
The 4 eConsent solutions
Below are described the four different eConsent solutions from the basic to more advanced one, that provide the highest level of legal certainty.
Basic eConsentCollects the IP address, the browser and the date and time at which consent was given by the client.
Basic eConsent+Here there is a second authentication step in place by which the company requires an additional validation through a code sent by SMS or e-mail.
Advanced eConsentAn advanced electronic signature is needed from the client, collecting his/her biometric data.
Reinforced eConsentA picture of the National Identification Number or Passport is needed in addition to the advanced electronic signature.
Amsterdam, an Insurtech hub during 2 days
Thanks to the more than 1.000 attendees and a strong line-up of 50 insurtechs on stage, the 4th edition of DIA Amsterdam was a real success. There you could see in actionthe world's most innovative new technology providers and startups that will disrupt the insurance industry.
At the end of the event the audience awarded the top six insurtechs with the DIAmond Award. In random order the winners were: Xtract (Ireland), BetterTradeOff (Singapore), Wrisk (UK), Neurotrack (USA), Pixoneye (Israel) and Buzzvault (UK).
A look at the future of Insurtech
In a few years, the insurance industry will look very different, as it is changing faster than ever. The leading insurance companies of the future will be those that apply the most innovative insurtech solutions to accelerate their digital strategy.
Therefore, there is a great need to connect insurance executives and fintech leaders efficiently and effectively and that is exactly what happened at DIA Amsterdam last month.
If you are eager to know what the future brings, you don't have to wait too long as the next DIA event will take place on the 17th and 18th of October in Munich.