Insurance law is an essential legal field that governs the relationships between insurers and policyholders. It serves as the foundation for securing economic and personal risks and ensures that insurance contracts are designed and executed transparently, fairly, and in compliance with legal standards.

Insurance law addresses all legal matters related to insurance contracts – from initiation and contract drafting to claims processing in the event of damage. The primary legal framework is provided by the Insurance Contract Act (VVG), supplemented by provisions from the German Civil Code (BGB), the Commercial Code (HGB), and the Insurance Supervision Act (VAG).