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4. July '24

(Press Office)The EU insurance supervisory authority EIOPA, based in Frankfurt, has announced the new members of its stakeholder groups: One of them is Prof. Dr. Mirko Kraft, Professor of Insurance Management at the Faculty of Economics at Coburg University of Applied Sciences. The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) has selected new members for the Insurance and Reinsurance Stakeholder Group ( IRSG) and the Occupational Pensions Stakeholder Group (OPSG).
The four-year term of office now begins.
The two groups, each with 30 members, play an important role in facilitating EIOPA’s consultation with EU stakeholders on issues affecting the insurance and pensions sector, both in terms of regulation and supervision.
The stakeholder groups were formed with a view to EIOPA’s responsibilities and the work expected in areas such as sustainable finance, digitalization and operational resilience.
The IRSG is composed of high-level representatives from the insurance industry, consumer associations, academia, small and medium-sized enterprises, employees and professional associations.
As one of the five “independent top-ranking academics” represented, Prof. Kraft is delighted with his appointment: “I feel honoured to be able to advance topics such as digitalization and sustainability in the insurance industry in the advisory body with a scientific perspective, partly from my own research.”
Prior to his time as a professor at Coburg University of Applied Sciences from 2012, Kraft was already actively involved at EU level in the field of insurance regulation.
Coburg University of Applied Sciences was also included in the partner program of the EU supervisory authorities (ESAs), where Kraft acts as a contact person.
Students and researchers will benefit from the fact that the Coburg professor is now even closer to the discussions on the supervision of insurance companies and groups.
EIOPA received 179 applications from 28 European countries in response to the call for applications.
When selecting the members, EIOPA paid attention to geographical and gender balance as well as a diverse representation of interests.
EIOPA’s advisory bodies now include members from 21 different countries and 22 women.
A first meeting will be held in Frankfurt in September.

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