Insurance companies can outsource everything but their responsibility.

As long as insurance companies retain structural control and remain able to monitor the outsourced activities, there are far-reaching opportunities to reduce the administrative burden and create synergies and increase the efficiency of the company.

Outsourcing makes legal and economic sense. Since outsourcing also entails risks, outsourcing is a central component of the governance system in terms of the second pillar of Solvency II and thus also a core aspect of the entire risk management, which is subject to strict requirements.

In principle, a large number of functions and tasks can be outsourced. Depending on their importance, the outsourcing process is subject to more or less extensive obligations. In the course of our consultation, we will explain all the necessary steps to you. We support you in ensuring that the outsourced functions and tasks are properly documented, the management's control and monitoring options are maintained and the examination and control rights of the supervisory authorities are not impaired, always with an eye on your economic goals. 

We are your reliable partner when it comes to outsourcing. Our solution for you is not only legally secure, but also individual and tailor-made for your institute.

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