Network Partner Profile

  • Established in 1991; member of the strong Vienna Insurance Group, the leading Austrian insurer rated A+ by Standard & Poor’s in 2011.
  • Second largest composite insurer with a market share of 20.4% and a total premium income of CZK 3 billion in 2011.
  • Ranked third in the life insurance market with a market share of 12.38% and a premium income of CZK 8.8 billion in 2011.
  • Ranked first in the non-life insurance market with a market share of 28.11% in 2011.
  • Services more than 2 million clients with approximately 4 million insurance contracts (of which over 800,000 are life insurance policies).
  • More than 300 operations − one of the most widespread distribution networks in the Czech Republic.
  • Strategic partnerships with Ceska sporitelna (the biggest bank in the Czech Republic) since 2004 and with Ceska podnikatelska pojistovna (an affiliated company of Kooperativa) since 2005.
  • Received notable recognition in 2011-2012: 1st prize for Best Life Insurance and The Most Engaged Employees Category awards among others.
  • Member of the Swiss Life Network since 1992.

Special Advantages

  • All lines of insurance are provided.
  • Pays out an international dividend depending on the amount and development of the reserves for all life coverages.
  • Experience rating is available depending on the number of lives insured.
  • Premiums may be paid monthly, quarterly, semi-annually and annually, or on a single premium basis.
  • Also offers unit-linked products.

Coverages and Products

Types of Employee Benefits - Coverage available and poolable:

  • Group Life
  • Accidental Death & Dismemberment
  • Disability Pension (rider)

Types of Employee Benefits - Coverage available:

  • Endowment
  • Medical

Financial Products available via associate:

  • Old Age Pension (Pension Funds supported by the state)