Raiffeisen insurance

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Raiffeisen insurance

logo
legal form Sales brand of UNIQA Insurance
founding 1969
Seat Vienna AustriaAustria
management Klaus Pekarek (UNIQA Board Member for Bank Sales)
sales EUR 923.5 million in premiums written (2015)
Branch Insurance
Website www.raiffeisen-versicherung.at

The Raiffeisen Versicherung (until 1975: Raiffeisen Versicherung AG and to 2016: Raiffeisen Versicherung AG ) was founded in 1969 as the first Austrian established bank insurer of the Raiffeisen Banking Group. On October 1, 2016, Raiffeisen Versicherung AG was deleted from the commercial register as an independent company and completely merged into UNIQA Österreich Versicherungen AG . The name Raiffeisen Versicherung will be retained as a UNIQA sales brand in Austria. The products are offered throughout Austria exclusively to customers of the Raiffeisen banks. In 2016, 1.3 million customers with 1.8 million contracts were served in bank sales.

history

Raiffeisen Lebensversicherung AG was founded on June 17, 1969 by the Austrian Raiffeisen banking group. On January 1, 1970, life insurance business started. In 1975 the company entered the accident insurance division. In the 1980s it was decided to offer car insurance as well.

From 1990 onwards, Raiffeisen Versicherung was one of the 10 largest insurers in Austria. In 1993, the Raiffeisen banking group acquired the majority in Bundesländer-Versicherung. Raiffeisen Versicherung becomes their subsidiary. Both companies (federal states and Raiffeisen Versicherung) retained their independence. Also in 1993, Raiffeisen Versicherung became Austria's largest life insurer for the first time. The leap to the top was achieved again in 1997 and until 2000 the bank insurer led the ranking of life insurers according to premium volume in uninterrupted order. In 1997, BARC-Gesellschaft is founded as a group holding company from the federal states, Austria, Raiffeisen and Collegialität insurance. In March 1998, the Supervisory Board decided to restructure the BARC Group and expand Raiffeisen Versicherung to become an all-line insurer. On November 5, 1999, the restructured BARC Group launched under UNIQA.

From April 2000, Raiffeisen Versicherung offered its own property insurance for private customer business (with the exception of Styria).

On October 1, 2016, Raiffeisen Versicherung AG merged with Uniqa Österreich Versicherung. The “Raiffeisen Versicherung” brand will be retained as a sales brand.

Management & Business Areas

Dr. Klaus Pekarek is UNIQA Austria's board member responsible for bank sales and responsible for the Raiffeisen Versicherung sales brand. The Raiffeisen Versicherung sales brand offers products from the life, accident, motor vehicle, apartment / home and legal protection segments. Company pension solutions are also offered for companies.

Awards

Raiffeisen Versicherung was awarded the following prizes.

  • M&M Rating: Leading analysis company in the insurance industry. Raiffeisen Versicherung received the top rating for “My disability pension”.
  • World Finance Global Insurance Awards: bimonthly produced financial magazine in Great Britain and distributed worldwide. With “Meine Raiffeisen Pension”, Raiffeisen Versicherung received the award for “Best Life Insurer in Austria” in 2014.
  • Consumer: The Association for Consumer Information (VKI) has tested life insurance in its magazine Konsument (issue 2/2014). The corresponding tariff from Raiffeisen Versicherung was rated “good”.
  • Recommender: Award from the Austrian Financial Marketing Association (FMVÖ). This award is given to the best financial service providers in Austria. In 2013 Raiffeisen Versicherung received the Recommender Award for “excellent customer orientation”.

Web links

Individual evidence

  1. ↑ a b Group report UNIQA Group . accessed on May 18, 2018.
  2. ↑ Uniqa Group history. Uniqa Österreich Versicherungen AG, March 25, 2017, accessed on April 29, 2017 .
  3. ↑ Awards. Raiffeisen Versicherung, accessed on May 18, 2018 .