structured the first Italian law firm dedicated exclusively to insurance law and regulation from a different perspective than the more traditional ones. We want to stabilise the ongoing dialogue on cybersecurity, privacy, data protection, digital forensics and the first regulations early regulation of artificial intelligence and make it available to those working in the insurance industry. We want to make these discussions accessible, concrete, and above all, useful to insurance professionals, providing them with the tools they need to address emerging challenges and ensure the secure and compliant management of the data that underpins their entire business. In a rapidly evolving technology environment, it is vital that the insurance industry is prepared and informed about the latest regulations and best practices to protect information, maintain customer trust and avoid costly fines. All of this - I repeat - from only one perspective: the insurance perspective. We realised that this perspective, although trivial, was completely absent from the current legal market. It is simply that, apart from a few associative occasions linked to a phenomenon such as insurtech, they are always spoken of as separate monads. On the one hand, insurance and its pachydermic regulation, and on the other hand, everything else, from which we are often bombarded by improvisers of super-complex topics. And that cannot be the case. Digital issues are in the world of insurance - at most - a corollary to the claim to be ‘also about’. Alessandro and I want to combine our yearly skills so that we can proudly say that in this world we are the first to deal ‘only with’. One thing we agree on is that you must be very sceptical and wary of those who claim to be ‘experts’ and those who claim to be able to do everything in this world. The world of insurance is made up of a plethora of regulations that are becoming increasingly complex. Those who claim to be able to do it all and do it well create a lot of confusion. Especially if they are to generations ahead of mine. The insurance of 20, 30 years ago is no longer what it is today. No lies about this. It is the pure truth. Looking ahead, what trends do you foresee in the distance distribution of insurance products within Italy and the EU, and how should companies prepare for these developments? Trivially, the first task our clients ask us is how to comply with the DORA Regulation (which will come into force soon). Having said that, rather than trends, I would like to talk about desiderata: • extreme simplification of distance distribution regulations; • structuring of an ad hoc regulation for instant insurance; • structuring of ad hoc legislation for so called micro-insurance; It goes without saying, then, that AI will revolutionise everything. It is already doing so. Alessandro and I have been preparing for it for months. With enormous efforts. And we have the ‘almost arrogance’ to claim that we will be able to make a difference for small and large insurance companies and for small and large insurance intermediaries. Especially the EU ones. Simply because we are both prepared on subjects that are usually treated as issues to be supplemented. While, today, the mantra should be to create insurance products and services that are already integrated with the digital world, with the AI world and with insurance regulation and legislation. Let me make a provocative observation. How many law firms can say to have done this so far? My answer: apart from myself and Alessandro, none. That’s why we are really different. No rhetoric. WWW.LAWYER-MONTHLY.COM 19 Contact Ivan Dimitri Calaprice Email: icalaprice@idclex.com
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