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This year’s conference programme is dedicated to the theme “Insurance and Pensions reloaded”.
Mr. Bernardino said: „We live in the age of “artificial intelligence” with computer science developing "intelligent agents", meaning devices that perceive its environment and take actions that maximise its chance of success at some goal. So, as humans, we should also be capable to “refresh” our ideas, “rethink” our path and perceive our environment in order to take actions that maximise our chance of building a successful insurance and pensions market for the benefit of our society and our citizens.
“To help us “reloading” we have today three fantastic panels, touching on issues that are on the top of our agenda:
The post-crisis regulatory reforms were designed to build more stable and fair and transparent financial markets along with stronger and better governed players. It is now time to benefit from those reforms and ensure that financial institutions have a role to play in solving emerging societal gaps such as the long-term savings and the natural catastrophe protection gaps.
Mr. Bernardino concluded: ”It is imperative the development of intelligent solutions for these gaps and we all need to give our contribution. As a famous futurist recently said: “What we should be more concerned about is not necessarily the exponential change in artificial intelligence or robotics, but about the stagnant response in human intelligence.”
“At EIOPA we will continue to promote the common public interest that lies behind geographical boundaries and cultural differences, strengthening supervisory convergence in order to fulfil our mandate of policyholder protection and financial stability in the European Union.”