UNIQA Insurance Group AG

03/07/2024 | Press release | Distributed by Public on 04/07/2024 17:47

UNIQA strengthens offer for corporate customers with new business segment

03.07.2024 |

UNIQA strengthens offer for corporate customers with new business segment

"UNIQA Sustainable Business Solutions" with ESG consulting active from July

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  • Risk expertise pooled internationally and group-wide in a separate company
  • Customised sustainability solutions for SMEs and large companies
  • 360-degree perspective beyond insurance
  • More climate resilience as a responsibility for society as a whole
  • The UNIQA brand promise: living better together

Press release Plain text

  • Risk expertise pooled internationally and group-wide in a separate company
  • Customised sustainability solutions for SMEs and large companies
  • 360-degree perspective beyond insurance
  • More climate resilience as a responsibility for society as a whole
  • The UNIQA brand promise: living better together

With a cumulative business volume of over €2 billion in premiums, UNIQA is one of the leading European insurers in the B2B segment in Austria and the CEE region. Building on its industry expertise, UNIQA is now taking a further step beyond the traditional insurance business: the new subsidiary UNIQA Sustainable Business Solutions supports customers in risk issues, transformation and ESG topics. It supports individual and large companies in strengthening their resilience through active risk management and harmonising their sustainability strategies with the legal framework. From 1 July, the company will initially be active in Austria, Poland, the Czech Republic, and Slovakia, with other countries to follow. Companies can utilise the services independently of a UNIQA insurance contract.

Advanced risk assessment in a complex environment

Companies are confronted with an increasingly complex business environment - from regulatory sustainability requirements to growing risks from climate change and geopolitical challenges. UNIQA Sustainable Business Solutions therefore extends loss prevention beyond traditional insurance solutions and helps companies to proactively eliminate potential threats and minimise risks. It supports ESG-based transformation requirements with analyses and recommendations for sustainability solutions in the sense of a holistic 360-degree perspective on customers. "For us, the vertical integration of UNIQA Sustainable Business Solutions is a clear consequence of the customer-centric strategy that we have been successfully implementing throughout the Group since 2020. A major advantage for our customers is above all the bundled risk engineering expertise and the interaction of the best minds from our 17 markets in Europe," explains Wolfgang Kindl, Member of the Management Board responsible for Customer & Market International. Peter Humer, Member of the Management Board responsible for Customer & Market Austria, adds: "If our customers' needs change, we want to be at their side as an equal partner - beyond national borders and traditional insurance services. With UNIQA Sustainable Business Solutions, we are a reliable partner for our corporate customers in the oftentimes challenging transformation processes."

Climate protection for a successful future

With the new company, UNIQA is recognising its responsibility to society as a whole - true to the brand promise of living better together. As an insurance company, UNIQA is aware of the risks of climate change and is endeavouring to take long-term countermeasures. "Especially in a time characterised by increasing regulatory pressure and the effects of climate change, preventive measures and a robust risk management strategy are crucial for the company's success," emphasises CEO Olivera Böhm-Rybak and Christoph Kapfinger, Managing Director of UNIQA Sustainable Business Solutions in Austria concludes: "Our goal is to be a strong partner for our customers, supporting them on their path to a sustainable and successful future."

For more information, see: www.uniqa-sustainable.com

UNIQA Group
The UNIQA Group is one of the leading insurance companies in its core markets of Austria and Central and Eastern Europe (CEE). More than 21,000 employees and exclusive sales partners serve more than 17 million customers across 17 countries. UNIQA is the second largest insurance group in Austria with a market share of about 21 per cent. In the CEE growth region, UNIQA is present in 14 markets: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Kosovo, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia and Ukraine. In addition, insurance companies in Switzerland and Liechtenstein are also part of the UNIQA Group.