Insurance EuropeInsurance Europe
Proposed EU data protection rules could increase cost of insurance

The cost of insurance premiums in Europe could rise if the EU doesn’t make important changes to a set of data protection rules which it is currently considering.

The current wording of the proposed rules would enable people to demand the removal of their data from insurers’ databases.

This would have several negative effects on the insurance market which would ultimately result in higher prices for people buying insurance.

Published 27 January 2015