On 25 September, Gabriel Bernardino, Chairman of the European Insurance and Occupational Pensions Authority (EIOPA), made a statement at the Committee on Economic and Monetary Affairs of the European Parliament’s (ECON) hearing of the Chairpersons of the European Supervisory Authorities. He outlined EIOPA’s main achievements of the past year and its goals for the future. He also provided ECON with an insight on EIOPA’s strategic objectives, potential future risks and challenges in the insurance and pensions sector, and an outlook on the year to come. He also made a comment as regards digitalisation in insurance services and the use of big data stating that “EIOPA believes regulation should promote the highest standards of consumer protection while not hindering innovation”.
A link to his statement is here.