Negative Interest Rate Dispute: Consumer Center Fears Defeat Against Commerzbank
The Hamburg Consumer Center expects an unfavorable ruling from the Frankfurt Higher Regional Court in its case against Commerzbank over negative interest on savings accounts. The outcome could redefine what is permissible in savings contracts.…
How Insurance Brokers Use Their Broker Management Software (MVP): Key Functions Revealed
Discover the primary uses of Broker Management Software (MVP) in insurance agencies. Learn how brokers leverage MVP systems for client management, policy administration, and business growth.…
Employee Commission Rights in Germany: Deadlines, Contracts, and How to Protect Your Earnings
For sales employees in banking and insurance, commissions are vital income. Learn the critical legal rules: commission agreements must be in writing, claims expire in 3 months, and unrealistic targets can be challenged. Protect your sales compensation with this guide.…
The Future of Insurance in 2030: Why Personal Communication Will Trump Bots
Exclusive interview with Martin Gräfer, CEO of die Bayerische, on the future of the insurance industry. Discover why he believes 'the era of bots is over before it truly began' and why personalized communication will surge. Get insights on AI, data, and the human touch in insurance by 2030.…
InsurTech Service Study 2023: Fast Replies, But Declining Response Rates
New FraLytics study reveals mixed results for InsurTech customer service. While digital insurers like Clark and Easymize offer rapid response times, a concerning 21% of inquiries went unanswered. Discover the key findings on service quality, speed, and what this means for the future of digital insurance.…
Pet Insurance Guide: Key Factors to Consider Before You Buy Coverage
Veterinary costs are soaring, making pet insurance essential. But not all policies are equal. Learn what to look for in a pet health insurance plan, from coverage limits and exclusions to premium costs, to avoid costly surprises when your dog or cat needs care.…
4 Social Media Hacks for Insurance Agents: Why Your WhatsApp Status is a Secret Weapon
Discover 4 powerful social media marketing hacks for insurance agents and financial advisors. Learn from Doreen Gossert (KS/Auxilia) how to leverage WhatsApp Status, create engaging content, and track your results to generate more leads and grow your insurance business online.…
AI in Insurance: Key Applications, Efficiency Gains, and Risk Management
Explore how Artificial Intelligence (AI) is transforming the insurance industry. This guide covers key AI applications like claims automation, fraud detection, and personalized pricing, detailing efficiency gains and essential risk management strategies for insurers and financial advisors.…
Save on Car Insurance: How Paying Annually Can Cut Your Premiums by Up to 8%
Car insurance rates are rising in 2024. Discover a simple trick to lower your costs: paying your premium annually instead of monthly. Learn how this strategy works, the potential savings, and other tips for affordable auto coverage.…
Gothaer Life Insurance Announces Leadership Succession: A New Era Begins
Gothaer Life Insurance prepares for a generational shift as veteran Michael Kurtenbach retires after 20+ years. Alina vom Bruck, a 37-year-old internal talent, is set to take over the board role, bringing fresh perspective to the life insurance business pending BaFin approval.…
German Public Health Insurance (GKV) Premiums Rising in 2024: What It Means & US Comparisons
German Health Minister Karl Lauterbach warns of rising public health insurance (GKV) premiums in 2024. This guide explains the 'Zusatzbeitrag,' compares GKV to US Medicare/Medicaid, and analyzes reforms aimed at curbing long-term costs for your financial planning.…
How to Practice Stock Picking with Value Stocks: A Strategic Guide
Learn the principles of stock picking within a value investing framework. Harald Sporleder of Lingohr & Partner Asset Management explains the process of identifying undervalued companies through fundamental analysis and a disciplined selection approach.…
How 'The Insurance Therapists' Use Virtual Reality to Win Business Clients
Discover how Philipp Schönhals and Anna-Laura Schmitz, managing directors of 'The Insurance Therapists,' leverage Virtual Reality (VR) to acquire corporate clients. Learn about their innovative marketing strategies, from VR campaigns to content marketing, that are setting new standards in the insurance industry.…
How AI Transforms Daily Work for Insurance Agents and Brokers: A Practical Guide
Discover how Artificial Intelligence (AI) like ChatGPT boosts productivity for insurance agents. Expert Jan Helmut Hönle reveals AI strategies for lead generation, client communication, and online consulting to build a future-proof agency.…
German Private Health Insurance (PKV) Ratings 2023: Which Insurers Are Strong & Weak?
The latest Morgen & Morgen rating reveals only two German private health insurers (PKV) received a 'weak' score. This guide analyzes the new rating system, top performers like Allianz, and what it means for your insurance planning and financial protection.…
Climate Change and Reinsurance: How Insurers Are Adapting Their Risk Models
How is climate change forcing insurers to rethink risk? Thomas Lanfermann of Helvetia explains rising premiums, reinsurance challenges, and new prevention strategies in the Digital Insurance Podcast.…
Car Accident Repair Costs: When to Pay Out-of-Pocket vs. File an Insurance Claim
Learn the smart financial strategy for car accident damages. Discover the claim threshold where paying yourself saves money on auto insurance premiums, and explore the benefits of a claim buyback option.…
How German Doctor's Offices Earn Revenue: A 24.5% Private Insurance Share Explained for US Readers
Discover how German medical practices generate income, with nearly a quarter coming from private billings. We break down the data and draw parallels to the US private health insurance and Medicare/Medicaid system to help you understand healthcare financing.…
German Financial Regulator BaFin Hit by DDoS Cyberattack: Implications for Insurance Cybersecurity
The German Federal Financial Supervisory Authority (BaFin) was targeted in a major DDoS attack, disrupting its website. Learn why financial and insurance firms are prime targets and how to bolster your cyber defenses.…
OMGV Makler Award 2023: Meet the 35 Nominated Insurance Brokers & Digital Pioneers
Discover the 35 nominees for the prestigious OMGV Makler Award 2023, celebrating excellence in insurance digital marketing. Explore the top brokers in Social Media, Target Group Strategy, Customer Reviews, and Innovative Media, and learn how they are shaping the future of insurance advisory.…