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Assessing the impact of the EU data protection regulation event member summary

The ABI hosted an event on the impact of the forthcoming EU Data Protection Regulation on consumers and the insurance industry on November 15, 2013.

Around 200 delegates attended the event where Baroness Ludford MEP gave a candid overview of the political debate in the European Parliament and David Smith, Deputy Commissioner and Director of Data Protection at the Information Commissioners Office, talked about the ICO’s views on the draft regulation. He highlighted the need for a proportionate and risk-based approach.

In the interactive session which followed, delegates agreed that the provisions on profiling, right to erasure, consent and data portability have improved.

As negotiations between member states (in Council) continue, the ABI will remain focused on those areas that still require improvement, such as consent for third parties and recognition of the need for data processors and controllers (such as insurers) to continue to be able to access, process and store data in order to prevent or detect fraud.

Finally, there was a panel discussion aimed at helping delegates understand the impact the EU regulation was likely to have on their business and to assist them in their efforts to prepare for the forthcoming data protection regime.

Last updated 01/07/2016