Author: Mario Zinnert. Publisher Insurance Industry; 1st edition, December 2010, ISBN-10: 3899525647. The publishing house Versicherungswirtschaft has recently published a new work for practitioners, which is also well suited as a first orientation for students in finance and insurance sales. The main section, which is structured according to key words, comprises over 100 pages. Essential […]
– Opportunities and risks for policyholders and their insurance brokers – Foreign insurance companies, especially those from the European Economic Area (EEA) and the European Union (EU), are increasingly competing with domestic suppliers. For insurance intermediaries and insurance customers, this creates risks, but also opportunities. Regular notification procedure EEA and EU insurers must […]
– How clueless facilitators and training managers go straight to jail instead of through LOS -. On 05.11.2014, the Central Criminal Investigation Service Lüneburg arrested two insurance brokers for commercial fraud. The intermediaries induced their customers to terminate existing annuity and life insurance policies in order to subsequently take out new insurance policies that […]
The distribution right as a framework for determining sales In a world oriented towards sales and distribution, with internationally organized markets and global exchange of goods, the distribution law forms the legal framework for regulating the distribution of goods at the national and international level. The distribution law does not describe a “set of legal […]
Your law firm in Munich Dear visitors, I am pleased to welcome you to my website and would like to take this opportunity to introduce myself and my office in beautiful Nymphenburg in Munich and to present our range of expertise to you in a transparent manner. For more than 25 years I have been […]
In a letter dated 28 September 2017, the Federal Ministry of Finance (BMF) dealt with the future treatment of incorrectly designed contracts for occupational pension schemes (bAV). According to this, special payments by the employer in the event of calculation errors by the occupational pension scheme provider are liable to pay wage tax for employees. […]
The draft for the IDD Implementation Act is causing a great stir in the insurance industry due to the still existing ban on commissions. Lawyer Johannes Fiala and actuary Peter Schramm have examined the draft and show that the ban is not dead. The legislator would like to strengthen fee-based advice as part of the […]
How insurers have to pay in full in the event of a claim despite incorrectly answered risk questions Policyholders (UN) can lie to their future insurer (VR) with impunity on risk issues. All you have to do is find an insurer who is stupid enough not to conduct its business in accordance with the […]
(epn) Mr. Fiala, we would like to start by introducing you to our readers. You have started your professional career as a banker at Bankhaus H.Aufhäuser. Afterwards you studied economics with a focus on financial services (Master of Business Administration, University of Wales) and law (lawyer for over 10 years). They sit on the examination […]
Concluding contracts with insurance companies and credit institutions, for example by means of touch input on a tablet computer or other systems for electronic signatures, has been on the rise for years. In the foreground is the effort to save the printing of documents – including online consulting as a distance business. However, a data […]