Continentale Versicherung wins the German Insurance Award 2023

Continentale Versicherung wins the German Insurance Award 2023

According to a report by www.presseportal.de,

Continentale Versicherung was honored six times at the German Insurance Award 2023, including three times in the areas of workforce insurance and pension provision. The gold medal was again for disability insurance. The health insurance company also received three awards, including for PKV full top protection. The awards confirm the excellent performance and excellent service of Continentale Insurance. The mutual insurance association manages the contracts of around 1.3 million insured people and generates premium income of around 1.8 billion euros, and is one of the ten largest private health insurers in Germany.

As an economist, I analyze the impact of this award on the insurance market. The multiple awards at the German Insurance Award will strengthen the reputation and reputation of Continentale Versicherung. The positive reviews in the areas of price, performance and service can lead to customer loyalty being strengthened and new customers being acquired. In the long term, this could be reflected in an increase in the number of contracts concluded and in higher premium income. The awards could also strengthen Continentale Insurance's competitive position in the market by positioning it as a leader with world-class products and services.

In addition, the awards can also increase Continentale Versicherung's industry reputation and establish it as a benchmark for quality standards in the insurance industry. This could lead to other insurance companies improving their products and services in order to keep up with the high quality of Continentale Insurance. Overall, Continentale Versicherung's awards at the German Insurance Award 2023 are likely to have a positive impact on the company, the industry and consumers.