The role played by EIOPA in the developments in the insurance sector European consumer protection model

In the aftermath of the global financial crisis, financial consumer's protection has become an important element of global regulatory debate.European answer to consumer protection in insurance was predominantly located in the consumer’s protection agenda of Eiopa.The paper is split into three parts. In the first part, we set the global framework. In the second part, we concentrate our attention on the analysis of consumer protection as a part of the global agenda. Finally, in the third part, we focus our attention on the role and performance of the European Insurance and Occupational Pensions Authority in the protection of consumers in the insurance sector.