To the financial+insurance broker or insurance agent?

Far too few financial+insurance brokers in Germany

Are there too many insurance brokers in Germany?  The opposite is the case. Professor Dr. Beenken published a study "How many intermediaries actually exist (in Germany)". According to this, there are only 25,000 insurance brokers for 83 million inhabitants in Germany. To this day, it surprises us in discussions with managers and politicians that only a few know about these figures. There are no 250,000 full-time agents in Germany.  More than 70% of all German brokers are not financial+insurance brokers but represent one or more insurance companies as commercial agents. According to the study, only 26% of all brokers are registered insurance brokers.

German companies have long since decided what is better for the customer. In large numbers, only financial+insurance brokers are able to provide these services for insurance companies. This trend is also continuing in the private household sector. Understandable, today every consumer can get a better overview of the market on his smartphone in a short time than most single company representatives.