🇩🇪Germany

Hohe Compliance-Kosten durch DORA und CSRD

2 verified sources

Definition

New regulations like DORA and CSRD impose high documentation and auditing requirements, creating significant administrative cost burdens for insurance firms.

Key Findings

  • Financial Impact: €500,000+ annually per mid-sized carrier for compliance setup and audits
  • Frequency: Ongoing annual reporting
  • Root Cause: Increased BaFin audits on ICT providers and expanded sustainability key figures

Why This Matters

This pain point represents a significant opportunity for B2B solutions targeting Insurance Carriers.

Affected Stakeholders

IT Compliance, Nachhaltigkeitsbeauftragter, Finanzabteilung

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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