Auren gathers Legal Experts to Discuss Insurance Sector changes
Auren recently hosted the Foro Legal Seguros, bringing together industry professionals to explore the latest legislative changes impacting the insurance sector. Key topics included new regulations on customer claims and the role of a new supervisory authority within the Financial Customer Protection Act.
The event featured insights from Inmaculada Roldán, partner and head of Auren Legal’s Insurance department, along with contributions from Lázaro Cuesta of UNESPA, Ricardo Martínez of D.A. Defensor, and Juan Bataller, professor of Commercial Law at the University of Valencia.
One of the main takeaways was the need for insurance companies to establish robust and transparent compliance frameworks to stay ahead of evolving regulations, ensuring service integrity and long-term competitiveness.
Speakers highlighted the importance of adapting quickly to new legal frameworks to enhance consumer protection while addressing challenges like fraudulent claims and operational efficiency.
Ignacio Gomá Garcés, senior director of Public Affairs at FTI Consulting, emphasized the need for balanced regulation in AI, stating, “Law is necessary but not sufficient. Collaboration between public and private sectors is essential to safely navigate AI’s opportunities and challenges.”
With discussions on DORA regulations and the new supervisory authority, the event underscored the crucial role of legal expertise in guiding insurance firms through a dynamic regulatory landscape.
