Six insurers in the test brochure – VersicherungsJournal Austria

Six insurers in the test brochure – VersicherungsJournal Austria

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

Mega trends are also mega challenges for insurers

Mega trends are also mega challenges for insurers

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

The big cities with the worst losses record

The big cities with the worst losses record

12/10/2022 – The federal capital Berlin has the worst loss toll of any major German city in automobile liability and comprehensive insurance. Ulm has the highest damage index in partial coverage insurance. It looks best in Cottbus (motor vehicle liability insurance), Paderborn (fully inclusive) and Erlangen (partially inclusive). This is demonstrated by the detailed data … Read more

Practical inventory: This avoids the risk of underinsurance

Practical inventory: This avoids the risk of underinsurance

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

These are the auto insurers with the greatest premium shrinkage

These are the auto insurers with the greatest premium shrinkage

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

The accident insurers with the highest complaint rates

The accident insurers with the highest complaint rates

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

Consumer protection association complains to Generali: “Faulty design”? – VersicherungsJournal Austria

Consumer protection association complains to Generali: “Faulty design”?  – VersicherungsJournal Austria

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

Insurers check applications for corona infection very carefully

Insurers check applications for corona infection very carefully

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

The best disability tariffs in the Infinma judgment

The best disability tariffs in the Infinma judgment

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

The Most Profitable Liability Insurers – VersicherungsJournal Deutschland

The Most Profitable Liability Insurers – VersicherungsJournal Deutschland

January 14, 2022 – Eleven market participants achieved combined ratios of less than 75 percent in 2020. The most profitable was the Cosmos, which spent just 36 percent of revenue on claims and costs. The Volkswohl Bund and the Mecklenburgische have improved particularly strongly. This can be found in the “Industry Monitor 2015-2020: Liability Insurance” … Read more