Kentucky is the 1st State to Open a “Sandbox” for InsurTech

07/09/2019 Shawn Hanson, Partner, Akin Gump ,
Kentucky is the 1st State to Open a “Sandbox” for InsurTech

The Kentucky Legislature has passed the first state law in the U.S. providing a comprehensive framework for an insurance regulatory “sandbox” for insurance technology products. The new regulatory sandbox, which will be administered by the Kentucky Department of Insurance (DOI), allows for private-sector flexibility while preserving necessary consumer protections.

Shawn Hanson, Partner, Akin GumpKentucky is the 1st State to Open a “Sandbox” for InsurTech
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