EIOPA's cloud outsourcing guidance helps insurance and reinsurance undertakings manage cloud outsourcing.
Official sources
- EIOPA Guidelines on outsourcing to cloud service providers
- EIOPA notice on revoking previous guidelines to avoid DORA overlap
What the guidance is trying to do
Cloud outsourcing creates risks around concentration, data location, information security, sub-outsourcing, auditability, resilience, and exit. EIOPA's guidance gave insurance-sector firms a framework for assessing those risks before and during cloud use.
What to cover on the page
- cloud outsourcing governance;
- materiality and risk assessment;
- due diligence on cloud service providers;
- contracts, data, security, access, audit, and information rights;
- sub-outsourcing and chain visibility;
- monitoring, incident support, business continuity, and exit;
- DORA interaction and current-status review.
Evidence to maintain
- Cloud outsourcing inventory.
- Risk and materiality assessments.
- Contract and audit-right evidence.
- Data location, security, sub-outsourcing, and resilience evidence.
- Monitoring, incidents, issues, and exit evidence.
Common gaps
- Cloud services are approved as technology tools without outsourcing analysis.
- Audit and access rights are not practical.
- Exit plans do not account for data migration and replacement architecture.
- DORA status and EIOPA guidance status are not refreshed.
How Halbarad helps
Halbarad helps cloud-risk teams map cloud providers, services, data, regions, subservice providers, incidents, evidence, issues, concentration exposure, and exit posture. It supports evidence and monitoring; final obligations should be checked against DORA and current EIOPA materials.
Disclaimer
This guide is for general information only and is not legal advice. Review the official regulation, guidance, and supervisory materials, and consult qualified counsel or compliance advisors for your organization's specific obligations.