German insurers and the internet

German insurers are increasingly using the potential of the internet, according to a survey by the German insurance industry association, the GDV. A total of 290 insurers took part in the study, representing some 90% of the market. The results show that more than 70% of all insurance companies have their own website; in 1997 that figure was less than 50%. Additionally, 70% use the internet and e-mail for business, a substantial increase on the 1997 figure.