Insurers operate under a highly specific regulatory regime combining solvency requirements, risk management and data protection. Complexity multiplies when operating across multiple European markets.
Key regulations in insurance
- Solvency II: capital, risk and supervision framework for European insurers
- DORA: since January 2025, applies to insurance and reinsurance companies
- GDPR: processing health and financial data of policyholders
- ISO 27001: security of core policy and claims management systems
- ISO 31000: methodological framework for actuarial and operational risk management
How ermine helps
ermine manages the complete operational risk cycle under Solvency II, documents the ORSA (Own Risk and Solvency Assessment) and provides full traceability for EIOPA and national supervisor inspections.