FRA grants preliminary approval to two AI-driven insurance projects for regulatory sandbox

The Applications Review Committee for Financial Technology at the Financial Regulatory Authority (FRA) has granted preliminary approval for two new projects to join the FRA Sandbox, the Authority’s regulatory testing environment for fintech applications, to pilot the use of artificial intelligence in insurance services. The move forms part of the FRA’s ongoing efforts to foster [...] The post FRA grants preliminary approval to two AI-driven insurance projects for regulatory sandbox first appeared on Dailynewsegypt .