Innovation & Insurtech
Missions
The Innovation and InsurTech Unit's mission is to act as a catalyst for innovative initiatives within the insurance and social welfare sector.
Its primary responsibilities include :
- Creating a supportive environment for exploring new ideas, providing specific support to innovators to help them define their activity, choose the most appropriate status, and find a regulatory compliance solution suitable for their project.
- Identifying areas for improvement in the legislative and regulatory framework, supporting the evolution of regulations to enable the integration of new technologies and new insurance products while ensuring the protection of policyholders.
- Contributing to the consolidation of the InsurTech ecosystem in Morocco through collaboration and the development of synergies among the various ecosystem stakeholders.
- Informing and raising awareness among stakeholders, ensuring active monitoring of trends and best practices in InsurTech at both national and international levels, and creating spaces for dialogue and inspiration to ensure a proper understanding of the risks and opportunities associated with InsurTech.
Strategic Activity Areas of the Unit :
Single Window "InsurTech Journey": Dedicated to supporting and ensuring compliance for innovative projects.
- Emergence Program: Focused on encouraging innovative initiatives and stimulating the creation of new solutions.
- Skills Enhancement Program: Aimed at training ACAPS staff to enhance their understanding of innovative topics.
- Active Monitoring: Mobilizing staff to participate in national and international events related to InsurTech.
- As a regulator and proactive player in the modernization of the insurance sector, ACAPS aims to provide an environment conducive to innovation, thereby ensuring sustainable growth for all sector stakeholders.
