calculations and for determinations in the course of premium adjustments. Confirmation of annual targets, new products and expansion of the sales mix For 2021, Deutsche Familienversicherung still plans to invest EUR 30 million in sales activities and thus generate new business of EUR 30 million or increase gross premiums written again by around 25 per cent. DFV expects a consolidated pre-tax result of around EUR -4 million after EUR -10.6 million in the previous year. In order to consolidate the known growth targets, DFV is working on the establishment of a life risk carrier to tap new market potential. With the same intention, the broker sales channel is to be expanded and a sales call centre set up. "We keep our promises. We have already realised the market entry in Austria and also introduced the new combination product. For the rest of the year, we will work on achieving the high growth rate of the previous year with an increase of 25 percent. In addition, we will broaden our product range, expand the individual sales channels and thus exploit previously untapped markets and potential," comments Stefan Knoll, Chairman of the Board and founder of Deutsche Familienversicherung. You can find the complete 2021 half-year report for download under the following Link. Your contact Lutz Kiesewetter Head of Corporate Communications & Investor Relations Tel.: +49 69 74 30 46 396 E-mail: Lutz.Kiesewetter@deutsche-familienversicherung.de About DFV Deutsche Familienversicherung AG DFV Deutsche Familienversicherung AG (ISIN DE000A0KPM74) is a fast-growing InsurTech company. As a digital insurance company, DFV covers the entire value chain with its own products. The company's goal is to offer insurance products that people really need and understand immediately ("Simple. Sensible."). DFV offers its customers multiple award-winning supplementary health insurance (dental, health, supplementary long-term care insurance) as well as accident and property insurance. Based on the state-of-the-art and scalable IT system developed in-house, the company is setting new standards in the insurance industry with digital product designs throughout as well as the option of taking out policies via digital voice assistants. www.deutsche-familienversicherung.de ----------------------------------------------------------------------------------------------------------------------- Additional features: File: DFV_H1_2021_Key_financials ----------------------------------------------------------------------------------------------------------------------- 2021-08-12 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de ----------------------------------------------------------------------------------------------------------------------- Language: English Company: DFV Deutsche Familienversicherung AG Reuterweg 47 60323 Frankfurt/Main Germany Phone: 069 74 30 46 396 Fax: 069 74 30 46 46 E-mail: presse@deutsche-familienversicherung.de Internet: www.deutsche-familienversicherung.de ISIN: DE000A2NBVD5 WKN: A2NBVD Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1225884 End of News DGAP News Service -------------
1225884 2021-08-12
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(END) Dow Jones Newswires
August 12, 2021 02:00 ET (06:00 GMT)