29th May 2022

Insurers call on EC to clarify cyber security rules

Insurance Europe has published its response to a consultation by the European CommissionEC) on its proposal for a Cyber Resilience Act.
Insurance Europe insisted that the insurance industry’s use of digital products should be left outside of the scope of such an Act, since the sector will be governed by the forthcoming Digital Operational Resilience Act.
Nevertheless, Insurance Europe stressed the importance of clarifying the interplay between the two Acts and the need for consistency in the definitions used in the various pieces of EU legislation related to digital matters.

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