Regulatory sandboxes: different sectors race toward innovation
One of the most significant initiatives for promoting innovation has been the establishment of the concept of the regulatory sandbox, allowing companies to experiment with new technologies and ideas in a controlled environment supervised by regulatory authorities. The regulatory sandbox model has gained strength across various economic sectors, including insurance, infrastructure, energy, life sciences and healthcare, providing a safe space to test innovations without the risks that an immediate market rollout could entail.
By fostering collaboration between different areas, sandboxes can drive economic development, stimulate competition, and speed up the adoption of new technologies.
The [Brazilian Supplementary Health Agency] ANS' introduction of a regulatory sandbox marks an important step forward for innovation in supplementary health. By allowing operators to test new technologies with less bureaucracy, the sandbox can accelerate the modernization of the sector, reduce costs, and improve the quality of services
Ana Cândida Sammarco
Partner
[Brazilian insurance regulator] SUSEP's call for proposals regarding a potential regulatory sandbox represents an important milestone for Brazil's insurance sector and demonstrates the regulator has a long-term vision. With a focus on innovative projects that promote sustainable ecological transformation, the call opens doors for companies to test disruptive ideas, stimulating competition, reducing costs, and improving the consumer experience
Camila Calais
Partner
In the airport sector, ANAC's regulatory sandbox will allow concessionaires to test new technologies in a controlled manner, promoting innovation and efficiency. This experimental environment allows for assessing technological solutions in a real-world context but with reduced risks, helping to ensure safety and regulatory compliance
Thiago Sombra
Partner
