FERMA represents corporate insurance buyers among EIOPA stakeholders
Typhaine Beaupérin, CEO of the Federation of European Risk Management Associations (FERMA), has been appointed to a 2 ½ year term as a member of the Insurance and Reinsurance Stakeholder Group (IRSG) of the European insurance authority EIOPA. FERMA is the only representative of the corporate insurance buying community on the stakeholder group. Typhaine succeeds former FERMA President Marie-Gemma Dequae who served two terms.
Typhaine commented: “We are very pleased to have this confirmation of the importance of corporate insurance buyers to the future regulation of the European insurance market. My appointment also provides continuity for FERMA in its relationship with this important European agency. FERMA will bring its knowledge, experience and international network to the IRSG group as regards cyber risks, the review of Solvency II or natural disaster insurance and other topics.”
In selecting the 30 members of the stakeholder group for this new term, EIOPA considered 215 applications from across Europe. One of its key aims was to strengthen representation of consumers. Other group members include representatives of the (re)insurance industry and academics.
EIOPA consults its stakeholder groups on actions concerning regulatory technical standards and their implementation as well as general guidelines and recommendations. Members of the groups can also submit opinions and advice to EIOPA on any subject related to its tasks.