The EU DataAct and the FIDA initiative bring a number of benefits for insurers. Michal Trochimczuk writes about Open Insurance in Versicherungsmonitor: “These include increased market transparency and the associated increasing attractiveness of insurance as a product. Products can be better tailored to individual needs. Also of great significance is the issue of efficiency, which has so far been treated somewhat neglectfully.”
https://versicherungsmonitor.de/2023/03/07/80-prozent-der-daten-bleiben-ungenutzt/