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Damage Management: It Takes Just Too Long

Summary by Herbert Frommes Versicherungsmonitor
Legal Eye – The legal column Insurers' reports about problems in the settlement of claims are increasing. Last year, the BDVM's member survey had already given them a bad report.This trend continues in 2025: BaFin criticizes long processing times, the number of complaints with the insurance ombudswoman reaches a new record high. Their annual report highlights a pressing problem: policyholders are often left alone with their damages for months or…
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Herbert Frommes Versicherungsmonitor broke the news in on Monday, May 12, 2025.
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