Regulatory Alerts2025-01-01 | JPRF-S-2025-0152JPRF-S-2025-0152 — Incorporates Chapter XVIII Regulating Insurance Technology Service Entities into the Private Insurance System Codification
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-S-2025-0152 to formally incorporate Chapter XVIII, establishing a regulatory framework for Insurance Technology Service Entities within the Private Insurance System. This resolution defines these entities, outlines their required qualifications and operational guidelines, and mandates the implementation of risk management systems aligned with international best practices. The regulation aims to ensure financial stability, digital security, and transparency while integrating fintech innovations into the supervised insurance market.
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