Showing posts with label GDPR. Show all posts
Showing posts with label GDPR. Show all posts

Wednesday, 12 June 2019

Insurers ask if GDPR has delivered on its aims

Insurance Europe has published an insight briefing that examines whether the General Data Protection Regulation (GDPR) has delivered on its aims of enhanced protection and greater harmonisation of data protection rules. It also asks if the GDPR is compatible with insurers’ need to innovate for the benefit consumers.
The European Commission is currently taking stock of stakeholders’ experiences of implementing the GDPR to prepare its report on the evaluation and review of the Regulation, due by May 2020. The briefing has been published ahead of a Commission event on the GDPR’s anniversary which takes place on 13 June.
The briefing highlights the positive effects that the introduction of new rights has had on consumers and how this helps insurers to build and maintain trustworthy relationships with consumers.
Importantly, the document notes that the GDPR has not fully achieved the level of harmonisation that was initially intended. While the GDPR has secured the same level of protection for consumers in all EU member states to a certain degree, it is not always applied uniformly across member states.
The briefing also highlights how — despite significant efforts to modernise privacy rules — the GDPR and the guidelines adopted by the European Data Protection Board (EDPB) introduce, in some instances, requirements that are at odds with fast-evolving technology and that may slow the pace of insurers’ digital innovation.
Looking ahead, it will be crucial for the Commission to ensure that the application of the GDPR and its guidelines allow insurers to continue operating cross border and guarantee the safe development and introduction of innovative products that can benefit consumers. 

Tuesday, 3 July 2018

Insurance Europe:Overview of consumers’ rights under GDPR

Insurance Europe has today published an overview of insurance consumers’ main rights under the General Data Protection Regulation (GDPR), which applied from 25 May 2018. 
The GDPR grants consumers more control over their data, by both reinforcing their existing rights and introducing new ones.
For instance, consumers have the right to transmit their data to another company in a commonly used and machine-readable format, and have the right to know whether their insurer processes their personal data and for which purposes.
The full overview is available here.

Thursday, 17 May 2018

Overview of insurers’ obligations under the GDPR published

Insurance Europe has today published an overview of insurers’ main obligations under the General Data Protection Regulation, which will apply from 25 May 2018. 
The GDPR introduces new and enhanced requirements for insurers to comply with when processing the personal data of consumers.
Insurers will have to enhance security and policy measures to ensure that consumers’ data remains secure, and put processes in place to enable consumers to exercise their rights under the GDPR.
The full overview is available here.

Monday, 19 March 2018

GDPR data breach reporting templates developed by insurance industry

Insurance Europe has developed a template that could help companies meet the obligation under the General Data Protection Regulation (GDPR) to notify their competent supervisory authority about personal data breaches.