Zurich Run-Off Strategy: Customer Focus vs. Shareholder Interests in Insurance Portfolio Management
Explore Zurich's run-off strategy and the debate over customer versus shareholder priorities in insurance portfolio management. Learn how market consolidation affects policyholders, what run-off means for your insurance coverage, and insights from Zurich's board member Jan Roß on these critical industry developments.…
Ransomware Payments Often Fail: Why Cyber Insurance & Prevention Beat Paying Hackers
Discover why paying ransomware often fails to recover data, according to the 2022 Hiscox Cyber Readiness Report. Learn about cyber insurance coverage, ransomware prevention strategies, and how businesses can build true cyber resilience instead of gambling with ransom payments.…
Generali Creates New DACH Business Unit: What It Means for Your Insurance in Germany, Austria & Switzerland
Generali restructures, forming a new leadership unit for the DACH region (Germany, Austria, Switzerland), now its second-largest business division. Discover how this consolidation impacts your personal and business insurance coverage, customer service, and digital innovation.…
GKV Surcharge Increase & Your Special Termination Right: Navigating the New Notification Rules
New rules under the GKV Stabilization Act change how German public health insurers notify members of surcharge increases. While the special termination right remains, the notification method has shifted, potentially creating hurdles. Learn what this means for your health insurance coverage, how to protect your rights, and see comparisons to premium changes in US Medicare and Medicaid plans.…
Hidden Car Insurance Rate Hikes: How to Spot Them & Use Your Special Cancellation Right
Did your car insurance premium drop? It might be a hidden rate increase. Learn how insurers hide hikes, how to spot them on your bill, and how to use your special cancellation right to switch and save money.…
DIHK Insurance Intermediary Registry Outage: Resolution Timeline & Impact on German Insurance Brokers
The DIHK intermediary registry, critical for German insurance brokers and agents, is set to return after a cyberattack. Learn the timeline, interim solutions for bound/unbound agents, and implications for the insurance industry.…
#UglyChristmasInsuranceSweaterChallenge 2022: Call for Entries! Design the Worst Insurance Holiday Sweater
The #UglyChristmasInsuranceSweaterChallenge is back for 2022! Insurance companies AND brokers are invited to design the ugliest holiday sweater. Enter by Dec 1, vote Dec 5-14. Win prizes and industry fame!…
Why 2023 is a Very Strong Year for Private Health Insurance (PKV): Trends & Opportunities
Discover why 2023 is shaping up to be a banner year for Germany's private health insurance (PKV) market. Driven by rising GKV premiums, increased health awareness, and innovative products like cancer scans and corporate plans, the PKV sector is poised for growth. This analysis explores key trends from industry leaders and what they mean for advisors and consumers.…
Understanding Claims-Free Discounts: How Your Driving Record Affects Car Insurance Rates
Your claims history directly impacts your car insurance cost. Learn how claims-free discounts work, how accidents affect your premium, and strategies to protect your rate and save money on auto insurance.…
VPV Appoints Allianz Actuary to Executive Board: Impact on Your Life Insurance and Pension Products
VPV Versicherungen appoints Olaf Schmitz, a former Allianz actuary, as its new Generalbevollmächtigter (Authorized Officer). Discover how this key hire influences life insurance, pension products, and financial security for policyholders.…
Allianz Appoints New Chief HR Officer: How Leadership Impacts Your Insurance Experience
Allianz appoints Bettina Dietsche as its new Chief Human Resources (HR) Officer. Discover how executive changes in HR leadership influence company culture, customer service, and the stability of your insurance policies.…
Driving with a Cast: Is It Legal and Insured? | Expert Insurance Advice
Can you drive with a broken arm or leg? Learn the legal and insurance implications of driving with a cast. Our guide explains coverage risks, liability issues, and how to avoid claim denials after an accident.…
Lauterbach's Plan to Suspend the Long-Term Care Fund: A Short-Term Fix with Long-Term Risks
German Health Minister Karl Lauterbach plans to suspend payments to the Long-Term Care Provision Fund to cover current deficits. This controversial move raids future reserves to avoid premium hikes today, risking the sustainability of Germany's statutory care insurance and setting a dangerous precedent for pension reforms. Analysis of the funding crisis and its implications.…
Insurance Industry 2030: Prof. Dr. Fred Wagner's Vision on BigTech, Brokers & Digital Transformation
What will the insurance industry look like in 2030? Prof. Dr. Fred Wagner shares his expert predictions on BigTech competition, the future of insurance brokers, digitalization, and new insurance products in an exclusive interview.…
How to Lower Your Car Insurance Bill: 7 Effective Cost-Cutting Strategies
Stop overpaying for car insurance. Discover 7 proven methods to reduce your premium, from adjusting deductibles to comparing quotes. Learn how to save money on your auto insurance today.…
How Insurance Agents Can Use Social Media for Successful Recruitment | Expert Strategies
Discover which social media channels insurance agents and brokers should use to recruit new talent. Learn expert tips from HR specialist Hans Steup on emotional engagement and targeting the right candidates for your insurance business.…
Allianz AI Claims Processing: 60-Second Car Damage Assessment & The Future of Insurance
Allianz is revolutionizing claims processing with AI robots. Learn how their 60-second car damage assessment works, the role of ControlExpert, and what this means for the future of insurance automation and customer experience.…
DKM 2022 Insights: 3 Key Lessons & Top Exhibition Stands in the Insurance Industry
Digital expert Dr. Robin Kiera shares 3 major takeaways from DKM 2022 and awards the best exhibition stands. Discover trends in insurance events, digital transformation, and talent priorities post-pandemic.…
GKV Insurers No Longer Required to Notify Members of Higher Premiums: What You Need to Know
A new rule suspends the obligation for German public health insurers (GKV) to individually notify members of supplementary contribution increases until June 2023. This change risks policyholders missing their special termination right to switch funds. Learn how to protect yourself, compare this to private insurer rules, and navigate the 2023 premium landscape.…
PKV Acquisition Cost Ratios: Which Private Health Insurers Have the "Worst" Rates?
A deep dive into the wide disparity of acquisition cost ratios among German private health insurers (PKV), from 0.94% to 19.68%. We analyze what these numbers mean, why high costs aren't always bad, and how market pressures explain the differences. Essential for understanding insurer economics and sales strategies.…