U-Reg simplifies and streamlines onboarding, due diligence, and regulatory processes, enabling financial institutions of all sizes to meet regulatory requirements with ease. By eliminating manual tasks, U-Reg facilitates a seamless, secure, and automated exchange, management, and collaboration of information between financial institutions, their clients, and business partners – within a single platform. Leveraging the « input once, report to many » principle, U-Reg reduces redundancy, improves accuracy, and enhances efficiency across processes. The platform’s collaborative features streamline review, approval, and entity-specific risk assessments, while secure multi-party engagement empowers entities to efficiently manage processes, relationships, and data within their ecosystem of clients, partners, and stakeholders, all while maintaining strict access controls.
The ACA Innovation Award 2024, organized by the Association of Insurance and Reinsurance Companies (ACA), is a flagship event in Luxembourg aimed at promoting innovation within the insurance sector. This competition brings together startups, insurers, reinsurers, and members of the ACA ecosystem for a day dedicated to collaboration and creativity.
This year’s finalists presented innovative solutions focused on two essential themes: automation and digitization of processes, and optimization of customer relations. With the support of sponsors and guidance from ACA members, the startups were able to refine their projects, showcase their potential, and move closer to establishing strategic partnerships with Luxembourg insurers. This event reinforces ACA’s role as a catalyst for innovation in insurance, facilitating collaborations and paving the way for the adoption of new technologies within the industry.
