In order to accelerate the pace of digitisation in this country, Insurlab Germany is cooperating with the digital association Bitkom. As part of the nationwide Digital Hub Initiative, the Insurlab Germany wants to network start-ups with established insurance companies and universities and jointly shape the digital future.
Zurich Group Germany has moved into its new corporate headquarters in Cologne. The new Zurich Campus in the Deutz district of Cologne is now an integral part of the Cologne skyline. After three years of construction, around 2,800 Zurich employees will find their new workplace in the modern building ensemble.
The initiative by the City of Cologne to promote itself as the leading centre of insurance and reinsurance in Germany was given a significant boost this week as Berkshire Hathaway Specialty Insurance (BHSI) confirmed its decision to relocate to the city from Düsseldorf in June.
UK and German Insurance experts gather in London to discuss post-Brexit options. UK insurers and reinsurers advised to consider longer term options offered by mature insurance centres such as Cologne to maintain access to huge EU insurance market. Adrian Ladbury reports.
NRW.INVEST, the economic development agency of the huge North Rhein Westphalia region of Germany, is to hold a roundtable discussion on the changing investment trends for insurance companies and asset managers in the light of the UK’s departure from the European Union (Brexit) in London on March 11.
UK insurers keen to continue German business still need local base despite BaFin’s potential passporting extension
UK insurers that have customers in Germany will be pleased to hear that the German legislator has passed a measure that allows the financial supervisor – Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) – to adopt a temporary order that will allow insurers to continue to honour contracts in the country in the event of a no-deal Brexit.