Insurance & InsurTech
Insurance compliance. Simplified.
Insurers and reinsurers operate at the intersection of DORA, Solvency II, and EIOPA guidelines. DORA adds ICT-specific requirements on top of existing prudential obligations. Matproof maps these overlapping frameworks and automates the evidence collection your supervisors expect.
Book a demoKey Compliance Challenges in Insurance
DORA introduces ICT risk management, incident reporting, and third-party oversight requirements that sit alongside existing Solvency II Pillar 2 governance obligations. Insurers must satisfy both without duplicating efforts - but the frameworks use different terminology, reporting formats, and supervisory expectations.
EIOPA Guidelines on ICT security and governance add another layer. Cross-border groups must navigate home-host supervisor coordination, group-level ICT risk management, and consolidated reporting requirements across multiple jurisdictions.
BaFin's VAIT (Versicherungsaufsichtliche Anforderungen an die IT) imposes Germany-specific ICT requirements that partially overlap with DORA but contain unique provisions. Managing both simultaneously requires precise control mapping.
Many insurers run core policy and claims systems that are 15-20 years old. Documenting ICT risks, business continuity plans, and resilience testing for legacy infrastructure requires a systematic approach that manual processes cannot sustain.
Frameworks That Apply to Insurance
Insurers face a uniquely layered regulatory stack combining prudential, ICT, and data protection requirements.
Mandatory for insurance and reinsurance undertakings. All 5 pillars apply, with EIOPA as the lead ESA for the insurance sector.
Insurers providing services essential to the economy may fall under NIS2 scope. DORA takes precedence for ICT matters, but NIS2 obligations apply for broader cybersecurity governance.
The internationally recognized ISMS framework. Many insurers use ISO 27001 certification to demonstrate ICT security maturity to supervisors and reinsurance partners.
Insurance processes vast amounts of sensitive personal data - health records, financial data, claims history. GDPR compliance is critical across underwriting, claims, and customer communication.
How Matproof Helps Insurers
Built for the regulatory intersection that only insurers face.
Matproof maps controls across DORA and Solvency II Pillar 2 governance requirements. See which existing controls already satisfy DORA obligations and where net-new work is needed - no duplicate documentation.
Generate incident reports and ICT risk documentation aligned with EIOPA expectations. Auto-classify incidents, track remediation timelines, and maintain the audit trail supervisors expect.
Document ICT risks for both modern cloud infrastructure and legacy core systems in one unified register. Criticality scoring, dependency mapping, and business continuity documentation for your entire technology estate.
For insurance groups operating across EU jurisdictions, Matproof provides consolidated compliance dashboards. Roll up subsidiary compliance status, track cross-border obligations, and prepare group-level reporting.
Insurance Compliance in Numbers
reduction in manual compliance work
average time to DORA audit-ready
integrations for evidence collection
frameworks mapped simultaneously