Gabriel BERNARDINO: We should embrace the challenges that the industry is facing and tackle them

12 June 2014 — Alexandru CIUNCAN
gabriel_bernardino5"We will see changes in the industry, in the business models and we will have in the future a different kind a market. We will see more standardization in the products and more alliances in the market driven by new technologies, the use of big data - but, on the other hand, more complex products will be developed for those clients that will need them", Gabriel BERNARDINO, Chairman EIOPA, declared during Insurance Europe's 6th International Conference.

"We should embrace the challenges that the industry is facing and tackle them - for example, conflicts of interest, since we have situations like these in the industry. Transparency is the key", Gabriel BERNARDINO added.

Insurance Europe's 6th International Conference, taking place in Malta on June 12, 2014, is attended by over 700 professionals in the insurance and financial industries. Adriana PANCIU, CEO and Alexandru CIUNCAN, Managing Partner, are representing the XPRIMM Publications at the event.
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