That's why collaboration and learning from each other is so important. Because not only Limburg was hit hard during the floods in July 2021. In Germany, too, the consequences were disastrous, with even fatalities. During the working visit of the Association to the Gesamtverband der Deutschen Versicherungswirtschaft (GDV), flood damage was central, but other important topics were also discussed, such as the revision of the European supervisory framework Solvency II.

Sharing data – whereby the rights holders retain control – offers tremendous opportunities, but is also one of the biggest challenges of our time. We are delighted to announce that the Dutch Association of Insurers has recently entered into a new partnership with INNOPAY aimed at actively tackling this challenge within the insurance sector.

Provide proportionate and risk-based DORA regulation that fits the specific size and risks of insurers, the Association said in response to the first set of draft lower regulations of the Digital Operational Resilience Act.