Ensuring accurate, secure, and automated regulatory reporting helps insurers reduce compliance risks and streamline interactions with regulators and reinsurers. AI-driven solutions improve transparency while maintaining confidentiality.
Regulatory bodies require insurers to submit detailed financial and operational reports while adhering to strict data privacy laws. Manual reporting processes are time-consuming, error-prone, and create compliance risks. Reinsurers also demand extensive risk data from primary insurers, creating additional data-sharing challenges. Balancing transparency with data protection remains a critical issue.
AI-driven automation ensures compliance monitoring and reporting without exposing sensitive internal data. Using PETs (Privacy Enhancing Technologies) such as Trusted Execution Environment, Federated Learning and Full Homomorphic Encryption, allows insurers to share aggregated insights with regulators and reinsurers while keeping raw data confidential. These technologies enable automated, privacy-preserving reporting processes, reducing compliance costs and risks.
“The need for actionable big data insights has never been greater. With 3rd Gen Intel Xeon processors, Duality […] applications can simultaneously address privacy, security, confidentiality and scalability challenges in a manner which can benefit organizations across many industries.”
Meet complex regulatory requirements by securely automating reporting and verification processes.
Enabling seamless risk reporting without exposing individual policyholder details.
Providing regulators with transparent yet secure risk models.
Automating reporting reduces manual effort and errors.
Streamlined data-insights-sharing improves risk assessment accuracy.
Ensuring regulatory bodies receive necessary information securely.
Data sharing across borders presents significant challenges for insurance agencies, especially when handling sensitive health and claims information.
Duality Technologies helps insurers securely collaborate internationally by enabling analytics across jurisdictions without compromising policyholder confidentiality or regulatory compliance.
Our advanced data collaboration platform leverages high-performance computing, AI, and machine learning, allowing insurance companies to gain deeper insights, manage risk effectively, and drive innovation—while ensuring sensitive data remains protected.
