Latest Weekly Policy Innovations Unveiled
In a strategic move to bolster its non-life insurance offerings, Fonds Finanz, Germany's largest broker pool, has partnered with Concept IF. This partnership will provide brokers affiliated with Fonds Finanz with access to exclusive insurance products from Concept IF's Pro and BIZ product lines.
The Concept IF Pro brand offers insurance solutions catering to specific risks faced by company executives, with Allianz Versicherungs-AG acting as the risk carrier. This collaboration aims to ensure that company executives can secure themselves optimally to avoid financial risk in case of an emergency.
Joerg Winkler, founder and chairman of Concept IF, emphasised the importance of this partnership, stating that it is crucial for company executives to have robust insurance coverage to protect themselves from operational and personal liability risks.
The Concept IF BIZ brand, on the other hand, offers insurance products for businesses. While the products under the BIZ brand are not exclusive to Fonds Finanz, this partnership will undoubtedly broaden the range of insurance options available to Fonds Finanz's distribution partners.
Christine Schoenteich, a member of the management board at Fonds Finanz, commented on the partnership, praising Concept IF as a strong product partner in the non-life insurance sector. She further added that this collaboration will enhance the product portfolio for Fonds Finanz's distribution partners, including additional pet liability, private liability, residential building, household contents, legal protection, and accident insurance tariffs.
The insurance products offered through this partnership also cover property and business interruption losses, providing comprehensive protection for both individuals and businesses.
This partnership marks a significant step forward for both Fonds Finanz and Concept IF, as they continue to innovate and expand their product offerings in the insurance industry. With this collaboration, both companies aim to offer their clients the best possible insurance solutions to protect against a wide range of risks.
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