Open Insurance to kick off on December 15 in Brazil – SUSEP

As with Open Banking, the implementation will be conducted in stages. The first stage will include sharing public data from companies on products and service channels.

RIO DE JANEIRO, BRAZIL - December 15 this year will mark the debut of Open Insurance in Brazil, according to documents published in the Federal Gazette on Wednesday, July 21.

The papers detail the guidelines for the implementation of the Open Insurance System. According to the regulatory agency for insurance SUSEP, the rules establish conditions to allow consumers to access and share their data with other insurers or third parties, safely, quickly, accurately and conveniently - and when they wish.

"The data may be used to develop new products and services that meet the current and future needs of insurance, pension plan . . .

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