speed to market
Speed to market is the difference between the time it takes for an insurer to file a newly developed product with insurance regulators and the time when the product can be offered in the marketplace.
speed to market
Speed to market is the difference between the time it takes for an insurer to file a newly developed product with insurance regulators and the time when the product can be offered in the marketplace.
Additional Information
"Speed to market" is an initiative of the National Association of Insurance Commissioners (NAIC) to achieve a faster turnaround time for new and innovative insurance products.
