Interview with Frank Grund, Head of Insurance Supervision at Bafin – Economy

The Bafin checks the commissions in life insurance and wants to prevent payments that are too high, says Frank Grund, head of insurance supervision at the authority. He worries about cyber risks.

Frank Grund knows what he’s talking about. He has spent his entire career in the insurance industry, including as head of Basler in Germany. He has been in charge of insurance supervision at Bafin since 2015 and wants to explain exactly what moves him and his authority. For decades, the Bafin was rather quiet on the outside. That’s about to change.