The Argentina Superintendency of Insurance, represented by Superintendent Guillermo Plate, used remarks at the Second Argentine Insurance Summit to outline priorities for the insurance market and the supervisor’s ongoing modernisation agenda. The speech linked sector growth to greater trust and predictability, and also called for labour reform to reduce the “lawsuit industry” and prioritise timely repair of harm over judicial proceedings. Plate set out a supervision upgrade focused on debureaucratisation, efficiency and technological innovation, with “smart” deregulation aimed at producing useful, accurate, real-time information and eliminating non-essential requirements. Projects underway include an Integrated Claims Information and Analysis System designed to register claims and cross-check data with the judiciary, supporting more efficient and transparent controls. These initiatives sit within a new supervisory model based on early-warning alerts, risk monitoring and comparative matrices, supported by monitoring dashboards and open data to improve oversight and information available to firms and insureds; the approach was framed as aligning the SSN with Open Finance. The SSN indicated it will continue this modernisation programme and add further technology-led projects as the next phase of its supervisory reforms.

Original source View in tracker