20.3.2023 dr Rainer Sommer (50) will become a member of the board of directors on June 1st Provincial Holding AG as well as the subsidiaries Provincial Insurance Ltd, Provincial North Brandkasse AG, Provincial Northwest Life Insurance AG and provincial Rhineland Life Insurance Ltd. The company announced this on Friday evening. Technological further development at the … Read more
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February 8, 2023 – According to a decision by the European Court of Justice, insurance agents and brokers have to comply with customers’ right to information in more detail than before. Upon request, they must specify which cooperation partners have received the data and explain the processes in a transparent manner. Just naming a category … Read more
12/16/2022 – Telemark Marketing has once again tested what experiences potential customers have when they contact major insurers for the first time. Wait times on the phone vary from company to company, with five minutes not enough time to establish contact in seven percent of cases. Clarification of a content-related question was answered positively in … Read more
24/11/2022 – In the short term, inflation will have the greatest impact on insurance companies, premiums and claims benefits will increase, consultants must prevent a wave of write-offs. Greater damage can also be expected from climate change, but the current situation of impending recession is slowing the trend towards sustainable action. In the long run, … Read more
August 8th, 2022 – The costs for starting a new dental practice can amount to up to 600,000 euros, depending on the focus. The mediation of a practice inventory insurance is correspondingly demanding. Consultation topics here are, for example, the aspects of underinsurance and determination of the sum insured. The insurance expert Nicole Gerwert describes … Read more
June 27, 2022 – Allianz Direct, HDI and DA Direkt recorded the largest premium declines in motor insurance from 2015 to 2020. According to the “Industry Monitor 2015-2020: Motor Insurance” by VERS Leipzig, five other players from the top 50 in terms of premium income shrank. The premium volume in motor vehicle insurance (total) has … Read more
06/07/2022 – In accident insurance, Bafin processed 147 complaints in 2021, around a seventh fewer than in the previous year. On average, there were around 0.2 complaints per 100,000 insured risks. The fire partnership had the highest rate of complaints (nearly nine complaints per 100,000 insured risks). Most of the market sizes performed better than … Read more
May 30, 2022 – The chairman of the consumer protection association Peter Kolba has his sights set on life insurance contracts with an option to pay in installments. A first lawsuit has now been filed against Generali. This explains that the products are legally compliant and transparent. ADVERTISING – – At the beginning of April … Read more
May 19, 2022 – The business magazine Capital asked five insurers about their acceptance practices for potential new customers who have gone through a corona infection. As was the case more than a year ago, the companies report that Corona is treated like any other disease in the risk assessment. It is not planned to … Read more
May 3, 2022 – The market standards defined by Infinma in disability insurance are (over) met by 16 tariffs offered in Germany by eight providers. The leading group includes Continentale, Credit Life, Dialog, Europa, Hannoversche, Metallrente, Volkswohl Bund and Zurich Deutscher Herold. ADVERTISING – – Die Infinma Institute for Financial Market Analysis GmbH has re-examined … Read more