Data protection expert Andreas Sutter explains the critical GDPR compliance risks and data privacy violations associated with using ChatGPT in the insurance industry. Learn why this popular AI chatbot poses significant legal and security threats for handling sensitive client data.…

The German Ombudsman for Private Health Insurance (PKV) reported a 6.4% increase in complaints for 2022, though the overall rate remains low. Premium adjustments were the most frequent grievance, followed by disputes over medical necessity and fees. This analysis breaks down the complaint data for both comprehensive and supplementary private health insurance, offering insights for policyholders.…

Out-of-pocket costs (Eigenanteile) for German nursing home residents have jumped another 13% year-over-year, reaching a national average of €2,411 per month as of January 1, 2023. This steep increase exposes the severe limitations of statutory long-term care insurance (Pflegeversicherung) and raises urgent questions about financial planning for aging. Explore regional variations, the ineffective 2022 reform, and why private supplemental coverage is becoming essential.…

Discover why the era of growth dominance is ending. Rising interest rates and a focus on fundamentals are fueling a powerful renaissance for value investing strategies.…