Joint declaration on the social effects of digitalisation by the European social partners in the insurance sector

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      <subfield code="a">The insurance industry provides the cover for economic, climatic, technological, political and demographic risks that enables individuals to go about their daily life and companies to operate, innovate and develop. The insurance industry has a long history in providing these benefits to society, but the way the industry makes its contributions is changing. The insurance sector is aware of the increasing challenges stemming from a changing world and digital developments, as well as the possible impact of digitalisation on society. Technological and digital developments are gradually transforming the insurance industry. Companies are now embracing technologies such as cloud computing, mobile devices, data analytics and social media to meet customers' changing needs and expectations.</subfield>
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