EIOPA: Big data analytics in motor and health insurance
EIOPA's report follows its thematic review on the use of big data analytics and the associated benefits and risks in relation to motor and health insurance business lines. This has shown that there is a strong trend towards increasingly data-driven business models throughout the insurance value chain, with 31% of firms using AI or machine learning; 33% of firms using cloud computing services and a further 32% saying they will be moving to the cloud over the next three years. EIOPA intends to carry out further work during the year with regard to risks, including data security and consumer protection.
Last updated · 13 Mar 2026
Regulatory News - Insurance
See allEC: Preparedness in the EU financial sector
The Commission has published a report addressed to the Council and to the European Parliament and provides an overview of the current state of preparedness of the EU financial sector, building on continued discussions with ECB, the ESAs, ESRB, SRB, Member States and the financial services industry. It concludes that the the development of the Savings and Investments Union and the introduction of the digital euro is expected to improve the overall resilience of the EU financial sector and to further improve its level of preparedness.