Today Insurance Europe hosted a Twitter Q&A on why data is important for insurers and consumers, using the #InsData15 hashtag, as part of European Data Protection Day.
 

There were a wide range of questions, including:
 

Q: Do you think people should be able to withdraw their consent to companies processing their data?

A: The right to withdraw consent must allow data retention for performing insurance contracts, regulatory & anti-fraud uses.
 

Q: To what extent is EU data protection law impeding the accurate rating of risk throughout Europe?

A: A negative impact on consumers is expected. Proposed profiling rules would hinder risk assessment & underwriting.
 

Q: Are insurers against the right to be forgotten?

A: We support right to be forgotten if it respects contractual, legal & regulatory needs, & fighting fraud.
 

The team would like to thank all of those who took part by sending questions and retweeting both during and in the build up to today’s event.