Current News and Updates in the Insurance Industry

Strong interest in working in retirement age

Higher pay (26 percent) and a four-day week (25 percent) are the most frequently mentioned conditions under which employees would work beyond the statutory retirement age. Only a quarter of all employees rule this out in principle. Employees in the IT sector are most likely to imagine continuing to work within the professional groups, at 82 percent. These are the results of the representative occupations study by HDI Versicherung.

K&M products are now listed at Fonds Finanz

Concept & Marketing GmbH (K&M) starts working with Fonds Finanz. With the addition of K&M products to its portfolio, Fonds Finanz is now offering connected intermediaries more choice in the area of ​​premium products in the property, accident and liability sectors.

First e-prescription redeemed for privately insured people

The e-prescription for privately insured people is in the starting blocks. To do this, another step was initially necessary: ​​In collaboration with gematik and other cooperation partners, the Association of Private Health Insurance has developed the so-called online check-in, a secure, cardless procedure with which privately insured people can transmit their health insurance number and other master data to doctors’ practices. The existence of the health insurance number is a prerequisite for practices to issue e-prescriptions and, with appropriate authorization, to access the electronic patient file.

Four out of ten Germans are worried about high dental costs

Just over 40 percent of adults in Germany are concerned about the costs associated with visiting the dentist. When you take out additional dental insurance, the use of additional dental services that require additional payment increases. While 82 percent of those surveyed with additional dental insurance use professional teeth cleaning, this is only 60 percent of patients without additional policy. This is shown by the dental care study by DA-Direkt.

Baloise renews term life insurance

Baloise has renewed its risk insurance (RLV). According to the insurer, this would reduce contributions for around 2,000 professions. Also new is the early death benefit in the event of a serious illness. In addition, various bonus regulations provide for an increase in the insured sum if the death occurs within certain periods after the occurrence of defined events. Simplified health questions and shortened query periods are provided for all tariffs up to the entry age of 39.

Basic skills: Franke and Bornberg sharpens the catalog of criteria

Franke and Bornberg have sharpened the catalog of criteria for the 2023 rating for basic ability tariffs. After the relaunch, 26 tariffs in the basic capability (GF) category and 16 tariffs in basic capability plus received the top grade FFF+ (excellent).

Motor vehicle insurance: Type classes are getting worse for around 7.4 million drivers

Almost 5.4 million drivers will benefit from better type classes in motor vehicle liability insurance in 2023. At the same time, however, around 7.4 million drivers would also have to expect higher liability insurance contributions.

Jung, DMS & Cie., Xempus and eVorsorge agree on long-term strategic cooperation

After the takeover of eVorsorge by Xempus AG in the spring, Jung, DMS & Cie. took over the Plug-InSurance shares from eVorsorge and agreed to a long-term strategic cooperation with eVorsorge and Xempus. As a result of the change in ownership, there is also a change in management: Christian Jaffke, Head of Product Management Life & Health at JDC, will be the new managing director at Plug-InSurance alongside Dr. Sebastian Grabmaier, who is also CEO of Jung, DMS & Cie. is.

Nuremberger: Meier leaves the board

As part of the succession plan, Peter Meier (61) will resign his board mandate by mutual agreement after 43 years with the company at the annual general meeting of Nürnberger Allgemeine Versicherungs-AG in April 2024. At the end of 2024, he will leave the board of directors of the Nürnberger Beteiligungs-AG holding company. Meier has been with Nürnberger since 1981; since 2002 in various executive and supervisory board functions within the group and has been responsible for property-casualty business on the executive board of Nürnberger Beteiligungs-AG since 2021.