“BaFin neither protects incumbents nor fosters or unnecessarily hinders the use of new technologies.” Dr. Frank Grund, Chief insurance supervisor of Germany

When talking with board members of incumbents behind closed doors I sometimes hear that the BaFin and the regulator will save them from attacking insurtech companies and the tech giants entering the market. Can they count on your protection? BaFin’s primary statutory mandate is to ensure the proper functioning, stability and integrity of the German […]

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