Insurance

Allianz life insurance cuts surplus participation short

Allianz life insurance cuts surplus participation short

As a result, policyholders can expect an overall interest rate of 4.2 percent, as allianz lebensversicherungs-AG announced in stuttgart on wednesday. That is still more than some of our competitors. In previous years, the largest german insurer had to cut its overall interest rate as well.

Recently, competitors such as ergo, alte leipziger and DEVK have also started to make cuts. Ergo lebensversicherung, part of the world’s largest life insurer munich, cut its overall interest rate by 0.6 percentage points to 3.55 percent the day before.

The background to this is the low interest rates on the capital markets, which have been exerting a strong downward pressure on yields for a long time. The euro debt crisis and the fall in the value of government bonds issued by southern european countries are weighing on many financial groups. In addition, the industry must comply with stricter equity regulations.

Insurance

Company did not pay social security contributions

Company did not pay social security contributions

It is possible to be self-employed and dependent at the same time? What at first glance seems like a contradiction is in fact not so rare. When self-employed small businesses or freelancers realize that their income is not enough, they can look for a job at another company – as a kind of part-time job. Important: then contributions to pension and unemployment insurance must also be paid. This was exactly what one company had failed to do. The 43-year-old manager was fined 50 daily rates of 30 euros each (1,500 euros) in criminal proceedings. He objected to the decision, which led to a criminal trial at the district court in habfurt.

Qualified employees
The defendant owner of the company described the circumstances in which it occurred. When his company, which employs around 20 people, urgently needed a technician at the beginning of 2011, a qualified applicant stepped forward. During the interview, the boss learned that his counterpart was already working as a self-employed gardener. However, due to his self-employment, his time was not fully utilized and earnings in the gardening industry were low, especially in the winter months.

Nevertheless, the applicant did not want to give up his one-man business, but was looking for an additional source of income that was as flexible as possible. This made sense to the defendant. In principle, he supported people who tried to do business on their own responsibility, he explained his reasons for doing so. It was agreed that the bidder would take over the fleet and organize the company's transport on its own initiative.

Insurance

Huk-coburg seeks a digital future

Huk-coburg seeks a digital future

The HUK coburg insurance group supports the coburg network. Future.Digital as part of the digital grundzentrum fur oberfranken, it participates in the insurtechhub munich, a digital initiative of the bavarian insurers, and it cooperates in innovation management on a project basis with the karlsruher institut fur technologie, KIT. Since yesterday, it has also been involved in the digital grunderzentrum mittelfranken, with which a five-year cooperation was agreed upon.
"Digitization is an important topic for us, and our cooperation partners all work in different ways. This leads to new different ideas and suggestions", explains karin benning, press spokeswoman for the insurance company. Digitization is not a new field for HUK coburg, she emphasizes: "we already had it with the online portal huk24.De los." At the time, HUK coburg was one of the first insurers with an online offering that was also profitable. "This online subsidiary has shown that digitalization is a competitive advantage. We are consistently pursuing this path and are thus able to satisfy our customers’ needs even better and faster", emphasizes benning.
But digitalization is not just about customer portals: HUK coburg was also a pioneer in the digital capture of written correspondence. A mail center has been set up on the lauter high, where all incoming mail is scanned and digitally prepared so that it can be processed at all locations. "That was a major milestone, because we brought the structures of mail processing together there.", says karin benning. Digitization is simplifying structures and processes and bringing us even closer to our customers," says karin benning.
As far as cooperation with the zollhof is concerned, HUK coburg is looking for "an exchange with young talents, start-ups, scientists and experts", HUK coburg board member daniel thomas is quoted as saying. "Our goal is to learn from each other and work together on new ideas." The content focus of the zollhof basic center is aligned with the economic and research sectors that are strongly represented in the region. Targeted cooperation between start-ups and companies should make it easier for start-ups to enter the market and obtain their first customer orders.

Approaches from auben

"We want to be partners and jointly develop business ideas that have a real practical relevance. Basic customers benefit from our experience and expertise. Conversely, auben’s perspective and new ways of thinking are important for us as a company in order to solve current and future tasks", daniel thomas describes the advantages of the collaboration.
According to a company statement, HUK coburg’s planned activities at the zollhof include hosting events, organizing idea competitions and active mentoring for university students. The efforts of insurance companies in the area of digitalization are viewed with favor by the future council of the bavarian economy: digitalization has made it possible to better assess individual risks, processes have been increasingly automated and new competitors are entering the market, according to a press release from the economic council.
The cooperation with start-ups is a good approach, because the companies had to put their own business model to the test in the digital transformation and closely observe the emergence of new companies and products. "The bavarian insurers have solved this problem very well so far from the point of view of the future council and can be a role model for other industries", according to the release.

PHP Code Snippets Powered By : XYZScripts.com