While the sector has not suffered the same extent of failures as others, we are not complacent and it is clear that improvements are required in the governance and operations of many insurance firms operating in and from Ireland. By delivering these improvements, insurance firms will be best placed to rise to the considerable challenges and opportunities arising from InsurTech & Innovation.
Thank you for your attention. 1 Speech by Gabriel Bernardino, Chairman of EIOPA at the 7th Annual Conference: Insurance and Pensions  Reloaded: A Game Changer 2 EIOPA has developed co-operation platform meetings in relation to cross border insurance. Platform meetings  between relevant national supervisory authorities are set up when issues of supervisory concerns are detected.