Key innovation driver for accident insurance
Functional invalidity insurance has been the key innovation driver in accident insurance for the last few years. A low frequency of losses and guaranteed long-time payments are hard to be calculated. Therefore a data pool is indispensable. The pool is a cooperation between reinsurer E+S Rück and Meyerthole Siems Kohlruss. The participants are provided with aggregated data. They are supplied with individual evaluations of their company's data as well as of the pool as a whole. With the help of an anonymous benchmarking, companies can compare their performance with the other participants.