Updated September 28, 2026
What is Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin)?
In short
The German financial regulator that authorises and supervises insurers, so a licence record shows a firm is allowed to trade there.
The Bundesanstalt fuer Finanzdienstleistungsaufsicht, or BaFin, is the German authority that authorises and supervises financial firms, including insurance providers. A provider holding a BaFin licence has cleared the regulator's requirements before selling, which gives you a check on legitimacy. When you compare providers such as AGILA Haustierversicherung, Allianz Lebensversicherungs-AG, ARAG, BNP Paribas Cardif DE and DA Direkt, the licence record is the detail that separates a regulated firm from a reseller.