The European Insurance and Occupational Pensions Authority (EIOPA) is a regulatory body established to oversee the insurance and pension sectors within the European Union. Its main goal is to ensure the stability and transparency of these markets, protecting consumers and promoting fair competition among companies. EIOPA works closely with national supervisory authorities to harmonize regulations and improve risk management practices. It also conducts research and provides guidance on emerging issues, such as digitalization and sustainability, to enhance the resilience of the insurance and pension industries across Europe.