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This week's introduced policies and goods are outlined below.

Fresh offer rolled out for insurance agents: Pet Liability Insurance now up for grabs

Weekly unveilings of fresh policy initiatives
Weekly unveilings of fresh policy initiatives

This week's introduced policies and goods are outlined below.

In a move to broaden the insurance options for brokers, Fonds Finanz, Germany's largest broker pool, has partnered with Concept IF. This collaboration, particularly in the property and casualty sector, opens up access to Concept IF's exclusive insurance products from both the Concept IF Pro and BIZ product lines.

The Concept IF Pro brand caters to all areas of private composite business, while the Concept IF BIZ product line focuses on insurance for businesses and specific risks for company managers. Notably, Allianz Versicherungs-AG is one of the risk carriers in the Concept IF Pro product lines, but not explicitly mentioned in the BIZ product line.

Jörg Winkler, founder and chairman of Concept IF, emphasised the importance of securing oneself to avoid financial risk in case of an emergency. This sentiment is reflected in the Concept IF BIZ product line, which offers insurance solutions tailored to the needs of company managers, including property and business interruption, operational liability, and personal liability for managers.

On the other hand, the Concept IF BIZ product line does not appear to offer pet liability, private liability, residential building, household contents, legal protection, or accident insurance tariffs, unlike the Concept IF Pro product line. However, this expansion of the product portfolio means that brokers affiliated with Fonds Finanz now have access to a broader range of insurance products.

Christine Schönteich, a member of the management board at Fonds Finanz, commented on gaining a strong product partner in the property and casualty insurance area. This partnership has indeed expanded the product portfolio for Fonds Finanz's distribution partners, providing them with additional options such as pet liability, private liability, residential building, household contents, legal protection, and accident insurance tariffs.

In conclusion, the collaboration between Fonds Finanz and Concept IF promises to offer brokers a more diverse range of insurance products, catering to both private composite business and business insurance needs. This partnership underscores the commitment of both parties to provide comprehensive insurance solutions for their clients.

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