Insurance companies are impact companies themselves. Hedging against risks is of almost existential social and social importance for companies, but especially for private customers and families. Insurance companies can have a very negative impact if they do not pay claims or confront their customers with lengthy processes. They achieve a strongly positive effect when they protect people’s social base through targeted risk hedging. Corporate responsibility also includes fair offer conditions, adapting benefits to the changing realities of life of the insured and simple, digital and transparent processes instead of a flood of paper and overly complex contractual conditions.

The industry includes, for example, life, property and accident insurance including brokers, reinsurance, pension funds as well as risk/damage assessment. Covering health risks falls under the separate “health insurance” industry.