Why an insurance broker?

A broker is on your side – legally and financially.

Insurance agents sell the products of one company. A non-tied broker under German law is the client's fiduciary: obliged to compare the market, to document the recommendation – and liable for it.

Licensed under Sec. 34d (1) GewO IHK register D-043O-YQXM6-23 Advice in English & German
The difference

Broker, agent or comparison portal?

Three ways to buy insurance in Germany – with very different ways of working:

Worth knowing

Comparison portals are usually licensed brokers themselves.

The large German comparison portals are, as a rule, registered as insurance brokers under Sec. 34d(1) GewO in the IHK intermediary register – exactly the same licence we hold. The difference is not the legal status but what is made of it: portals guide you through a self-service process and typically ask you to sign a waiver of advice under Sec. 61(2) VVG. If you waive advice, there is no advice you can rely on later. The insurer's commission is paid all the same – the same amount that goes to a broker who actually advises you, files the application properly and stands by you when you claim.

Insurance broker (Makler)Insurance agent (Vertreter)Comparison portal
Legal statusInsurance broker (Sec. 34d(1) GewO)Insurance agent (Sec. 34d(1) GewO)Usually an insurance broker too (Sec. 34d(1) GewO)
Represents whom?You, the client (fiduciary by law)The insurance companyFormally you – in practice its own sales volume
Market overview100+ insurers, across all tariffsOnly their own companyOnly listed tariffs, often without condition details
AdvicePersonal, documented, with liabilityPersonal, but tiedUsually waived under Sec. 61(2) VVG – you decide alone
Claims supportYes, actively on your sideYes, but in the insurer's interestMostly none – you deal with the insurer
Cost to youNone – insurer pays commissionNone – insurer pays commissionNone – the insurer pays the same commission
Ongoing optimisationYes, regular reviewOnly within one companyOnly if you act yourself

Deep dive: Insurance broker vs. comparison portal – which is better for you?

Legal standing

"The client's fiduciary" – case law, not marketing.

Germany's Federal Court of Justice (BGH) consistently describes the insurance broker as a trustee-like representative of the client. That creates real, enforceable duties:

  • Objective market analysis: recommendations must rest on a sufficient number of tariffs (Sec. 60 VVG).
  • Documentation duty: every consultation is recorded in writing (Sec. 61, 62 VVG) – traceable for you.
  • Liability: we are liable for faulty advice – backed by professional indemnity insurance with ERGO Versicherung AG.
  • Licence & supervision: Sec. 34d GewO licence, supervised by the Aachen Chamber of Commerce (IHK), publicly verifiable.
Transparency

How we get paid.

You pay no fee for our advice. When a contract is concluded, the insurer pays us a commission that is already built into the premium – on every sales channel. Buying through a broker therefore costs you nothing extra; you simply receive market comparison, advice and lifelong service for the same premium.

Even when we recommend changing nothing, we keep servicing the contracts you have transferred to us – for that, insurers pay an ongoing service commission. Because we don't depend on new sales, we can honestly advise against switching: we grow through referrals, not through pushed products.

Common questions

Broker knowledge, briefly answered.

Is a broker really free for me?
Yes. Commissions are paid by insurers and are part of every premium, whether you buy directly, via an agent, a portal or a broker. Without a broker you don't pay less – you just get less service for the same money.
What does "non-tied" mean exactly?
We have no exclusivity agreement with any insurer and no sales quotas. Our recommendation follows your requirements and the market comparison alone – documented, so you can verify it.
Do I have to transfer all my policies to you?
No. You choose which contracts we manage. Many clients start with one topic – say, income protection – and transfer more later once the cooperation has proven itself.
Can I revoke the broker mandate?
Any time, without notice periods or costs. Your insurance contracts remain untouched – only the person servicing them changes.
When is a broker especially worth it?
Whenever conditions matter more than the sticker price: occupational disability, private health insurance, business cover, retirement products – and special cases like cars without German type codes.
Next step

Get to know us – no strings attached.

A 15-minute intro call is usually enough to know whether and where you should act.

Or directly: +49 2433 9391844