As the insurance industry in Brazil embraces the advent of open insurance regulations, companies are facing the challenge of ensuring compliance with complex requirements. Developing and managing an in-house open insurance solution can be overwhelming, diverting valuable attention from core business activities. However, there exists a solution to simplify this process: Ozone API. In partnership with Tecban, Ozone API offers a transformative open insurance solution. In this article, we will present four compelling reasons why Ozone API, supported by Tecban, stands as the ideal choice to ensure seamless open insurance compliance.
The insurance industry is witnessing one of its most profound shifts – the transition towards ‘open insurance’. Rooted in the broader movement towards open banking and data democratisation, open insurance promotes transparency and customer-centricity, leading to better, more personalised insurance services.
Several countries in Latin America still face challenges to offer financial services to a relevant portion of its population, who were historically unbanked or underbanked. Open Finance opens several opportunities to serve these users.
Is there a best in class open banking standard? Explore pockets of excellence around the globe and navigate the complex ecosystem.
With open banking initiatives gaining momentum around the world, we are seeing a range of different standards emerge. Smart Data Foundry and Ozone API together bring you the Standards Library and Innovation Atlas, outlining the features and similarities between different standards being set across the globe.
The Joint Regulatory Oversight Committee (JROC) report is a milestone in the story of Open Banking in the UK. Ozone API CEO, Chris Michael, shares his thoughts.
We have officially reached Q2 of the year and as we move away from what has been a particularly bleak winter in Fintech, Ozone API’s co-founder & Chief Commercial Officer Huw Davies reflects on the 2023 predictions he made at the start of the year. 1. Banks will continue to open up This is certainly…
Explore the current state of Open Finance in Latin America.
Ozone APIs’s General Manager for Latin America, Fabio Caldeira, highlights the Brazilian Central Bank’s essential role for the local initiative which has evolved so much in two years and reinforces the importance of Brazil positioning itself as a global leader