The companies and service providers associated in the Bundesverband Vermögensanlagen im Zweitmarkt Lebensversicherungen (BVZL) e.V. are engaged in the secondary markets for life insurance policies all over the world. Since its establishment in May 2004, the Association has served as uniform representation of economic, legal and political interests and has been in constant dialogue with politicians, opinion leaders, the public and other lobbying groups to further promote the dynamic development of the branch.
BVZL's primary object is developing branch standards for transparency and comparability of the various investment segments (British, German and American life insurance policies) and steadily improving the preconditions for successful investment in these asset classes that must be viewed on their own merits.
The stronger interest of market participants, media, and consumers in the secondary market for life insurance policies reflects the growing importance and successful work of the BVZL. The increasing professionalization and institutionalization prove that the markets for second-hand life insurance policies have matured.