Insurance EuropeInsurance Europe
Position Paper
Response to the European Commission consultation on fintech

Technological advances are significantly changing consumer’s expectations of insurance and the digital environment enables
both established companies and new start-ups to bring new technologies and products to market much faster and better
meet these emerging needs.

Regulators at EU and national level have a crucial role to play to accompany these developments through safeguarding high
standards in consumer protection and removing regulatory obstacles to consumers and operators fully benefitting from
digitalisation.

In its response to the European Commission's consultation on Fintech, Insurance Europe puts forward recommendations on how
regulation can best support these objectives. It also produced an executive summary of responses' main points.

Published 15 June 2017
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Contacts
William Vidonja
William Vidonja
Head of conduct of business
Nicolas Jeanmart
Nicolas Jeanmart
Head of personal insurance, general insurance & macroeconomics
Matti Salakari
Matti Salakari
Policy advisor, public affairs