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P4 company with a PLN 100,000 fine from PUODO

Publikator: Personal Data Protection Office
The President of the Personal Data Protection Office (PUODO) has imposed an administrative fine of PLN 100,000 on P4 company for failing to notify the supervisory authority within 24 hours after having detected a personal data breach.
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EIOPA continues to reinforce supervisory cooperation in cross-border activities

Publikator: European Insurance and Occupational Pensions Authority
EIOPA amended the Decision on the collaboration of the insurance supervisory authorities of the Member States in the European Economic Area. The new Decision will further strengthen and enhance the cooperation between the national competent authorities.
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EIOPA publishes report on artificial intelligence governance principles

Publikator: European Insurance and Occupational Pensions Authority
EIOPA has published a report from its consultative expert group on digital ethics setting out artificial intelligence (AI) governance principles for an ethical and trustworthy AI in the European insurance sector.
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Polish insurers collected more GWP in Q1 2021 than 5% a year ago

The Polish insurance market posted aggregate GWP of PLN 17.6 billion (EUR 3.8 billion) at the end of March 2021, 5.33% more y-o-y according to the quarterly statistics published by Polish Financial Supervision Authority.
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