“bsurance” is the latest start-up that UNIQA has invested in. The insurtech company from Austria specializes in B2B2C models, i.e. models where a partner provides the end customer with insurance products.
Chief Financial and Risk Officer Kurt Svoboda becomes CEO of the UNIQA Österreich Versicherungen AG as of 18 December 2017. A new addition to the Management Board of UNIQA Austria is Peter Humer, who is now assuming the sales-related tasks.
UNIQA Austria und UNIQA International expand Management Board as of 1 January 2018.
Alexander Bockelmann to head up new “digitisation” executive portfolio at UNIQA Austria and UNIQA International.
Sabine Usaty-Seewald to take on new “customer and markets” portfolio at UNIQA Austria.
UNIQA invests in Czech fintech Twisto. The investment in Twisto is now the fifth start-up company in UNIQA’s portfolio.
UNIQA extends the FinTech Portfolio: on the one hand through its entry into the german start-up FinCompare and on the other hand through its involvement in FinTech FINABRO.
The sale of UNIQA Assicurazioni SpA and its subsidiaries operating in Italy, UNIQA Previdenza SpA and UNIQA Life SpA to the Italian mutual insurance company Società Reale Mutua di Assicurazioni was legally completed on 16 May 2017.
UNIQA is investing in Esthonian insurtech INZMO.
UNIQA is investing in the start-up FragNebenan.com as part of the innovation and digitalisation strategy.
UNIQA resolves sale of indirect interest in Casinos Austria to CAME Holding.
As part of its process on concentrating on its core business in Austria and CEE, UNIQA resolved the sale of its Italian group companies. It is anticipated that the closing will take place in the first six months of 2017.
Change in shareholder structure: UNIQA Privatstiftung completes takeover of RZB’s 17.64% share in UNIQA Insurance Group. The syndicate formed by UNIQA Privatstiftung, Collegialität Versicherungsverein Privatstiftung and RZB remains unchanged. The sales collaborations between UNIQA, the Raiffeisen Banking Group in Austria and Raiffeisen Bank International AG in 14 countries in Central and Eastern Europe remain unaffected and will be continued.
UNIQA has completed the reorganisation of the Group’s structure. The merger of the four primary insurers operating in Austria into one company was implemented earlier than planned with the entry in the Commercial Register. Raiffeisen Versicherung is being retained as a customer brand.
UNIQA establish a new, more streamlined Group structure.
- We streamline the listed holding UNIQA Insurance Group AG by reducing the number of board members from five to three.
- We merge the four direct insurers currently operating on the Austrian market, UNIQA Österreich Versicherungen AG, Raiffeisen Versicherung AG, FinanceLife Lebensversicherung AG and Salzburger Landes-Versicherung AG, by no later than the first quarter of 2017, with UNIQA Österreich Versicherungen AG acting as the acquiring entity.
- We will reduce the number of board members in Austria from 22 to 10. This will create a structure where the board members will assume responsibilities across the Group, making the UNIQA Group overall more effective, efficient and innovative.
UNIQA launches largest investment and innovation programme in the company’s history amounting to around €500 million in order to align processes and products with customer requirements and expectations that are being transformed by the digital revolution. The investments, a considerable portion of which are to be made in 2016, will primarily be employed for the redesign of the business model and the modernisation of IT systems that this requires
UNIQA successfully places 500 million euro Subordinated Notes (Tier 2)
UNIQA resolves sale of indirect interest in Casinos Austria AG: UNIQA is to sell its approximately 29% interest in Medial Beteiligungs-GmbH, which in turn has an approximately 39% stake in Casinos Austria AG, to Novomatic AG.
UNIQA Austria and Raiffeisen Versicherung present their new conventional life insurance policy. The new product offers customers more flexibility and cost transparency. Firstly, the commission has been extended to cover the entire term, and secondly deposits and withdrawals can now be made at any time without incurring losses. This step was triggered by the further reduction of the actuarial interest rate to a level of 1.5%.
New allocation of responsibilities on the Management Board of UNIQA Insurance Group AG: From 1 January 2015, Kurt Svoboda will assume the position of Chief Financial Officer (CFO) in addition to his role as Chief Risk Officer (CRO). Hannes Bogner, who previously held the position of CFO, will primarily be responsible for investments and for Group legal affairs and compliance as Chief Investment Officer (CIO).
From 1 January 2015 Erik Leyers will join the Management Board of UNIQA Österreich and will be responsible for process management.
UNIQA Group becomes first Austrian insurance group to publish a report on its economic solvency position in line with Solvency II (Economic Capital Report).
UNIQA Insurance Group AG will be included in the benchmark index of the Vienna Stock Exchange, the ATX, from 24 March.
UNIQA completes the acquisition of Baloise´s subsidiaries in Croatia and Serbia and improves its market position in the SEE region.
Andreas Kößl strengthens Management Board Team of UNIQA International with effect from 1st January 2014.
UNIQA optimizes IT structure. The IT divisions of UNIQA Austria and UNIQA International have been united under one roof. The newly formed UNIQA IT Services GmbH (UITS) is directly attributed to the Management Board Member, Thomas Münkel, COO of UNIQA Insurance Group AG.
With the successful implementation of the Re-IPO UNIQA increases its free float to 35,4 per cent. The 757 million euros proceeds from the capital increase will be used to strengthen UNIQA’s capitalization and thus allow the continued implementation of the strategy program UNIQA 2.0 as well as provide strategic flexibility for future growth.
Standard & Poor’s upgrades long-term rating of UNIQA Insurance Group AG to “A-”, the ratings for UNIQA Austria and UNIQA Re are raised to “A”.
UNIQA signs agreement with Baloise Group to acquire insurance companies in Croatia and Serbia.
UNIQA becomes strategical partner of Porsche Bank in CEE with immediate effect.
UNIQA has signed definitive agreements to sell its private equity portfolio of around 400 million euros to a number of international investors.
UNIQA Austria appoints Franz Meingast as new Management Board Member responsible for Sales with effect from 1st January 2014.
The name of the listed holding company „UNIQA Versicherungen AG“ is changed to „UNIQA Insurance Group AG“.
UNIQA successfully places supplementary capital bond with a volume of 350 million euros.
UNIQA Group (UNIQA) focuses further on the core business and sells non-core participations in hotels.
With 14 per cent market share UNIQA Austria becomes the biggest insurer in Austria: After the consolidation of UNIQA Sachversicherung, CALL DIRECT and UNIQA Personenversicherung, UNIQA Österreich moves up to the biggest insurer on the local market.
The UNIQA Group acquires the minority interests held by the European Bank for Reconstruction and Development (EBRD) in the UNIQA companies in Croatia, Poland and Hungary.
UNIQA increases its stake in its private clinics to 100%.
The UNIQA Group sells its majority interest in the German Mannheimer AG Holding.
The UNIQA Group signs the contract for the sale of its stake in Medicur Holding, in which investments in media companies are bundled.
The UNIQA Group signs the contract for the sale of its hotel investments.
The UNIQA Group implements a cash capital increase of €500 million.
The UNIQA Group establishes a new, streamlined corporate structure.
On 1 July, a new Management Board team headed by Andreas Brandstetter takes over at the UNIQA Group. The new team develops the UNIQA 2.0 growth strategy and begins to implement it.
UNIQA expands into Russia as Raiffeisen Life is established in Moscow.
UNIQA acquires UNITA in Bucharest (Romania)
UNIQA Sachversicherung is established in Belgrade. Also taking place this year is the acquisition of Sigal in Tirana (Albania) and its subsidiaries in Macedonia and Kosovo.
UNIQA further expands its presence in Central and Eastern Europe with the acquisition of Zepter Osiguranje A.D. in Belgrade (Serbia) and Credo-Classic in Kiev (Ukraine).
UNIQA strengthens its position in Central and Eastern Europe with the acquisition of Astra S.A. in Romania and Vitosha in Bulgaria.
Five years of UNIQA: the first few years of the new millennium bring a clear expression of the UNIQA Group’s ambition and identity. After just 33 months of construction, the UNIQA Tower in Vienna opens in summer 2004. The new headquarters make a strong architectural statement, representing one of the highlights of Vienna’s Danube Canal skyline.
The acquisition of German company Mannheimer AG Holding is another of the year’s major milestones.
UNIQA successfully continues its policy of expansion at home and abroad this year as well. By acquiring the Austrian AXA Group, UNIQA takes control of companies in Austria, Hungary and Liechtenstein. German company R+V Versicherung transfers the shares in its companies in Poland and Slovakia to UNIQA.
In March, wholly owned UNIQA subsidiary MLP-Lebensversicherung AG, Vienna, is renamed FinanceLife Lebensversicherung AG.
In an extended framework with the EBRD (European Bank for Reconstruction and Development), UNIQA obtains the largest investment commitment (in terms of volume) ever granted to an insurance company for the purposes of expanding its activities in eastern Europe.
At the end of the year, in connection with its investment in Mannheimer AG Holding, UNIQA submits a capitalisation/restructuring plan for the German insurance company.
As the year gets under way, the course is set for continued success in Austria under new CEO Dr Konstantin Klien. The new makeup of the Management Board will be well able to cope with the challenges of the future. With the acquisition of the remaining 50% of MLP-Lebensversicherung AG, Vienna, and of Funeuropa Versicherung in Budapest, UNIQA is also successful in continuing its policy of expansion at home and abroad in 2002.
In 2001, the UNIQA brand continues to spread. In Slovakia, insurance company Otcina is renamed UNIQA poist’ovňa a.s., while in the Czech Republic, insurance company CRP becomes UNIQA pojišt´ovna a.s. In addition, the acquisition of a majority holding in Polonia S.A. and Polonia Życie provides a rapid means of entry to the growth market of Poland.
In UNIQA’s first full year of business, the share capital listed on the stock exchange is converted to euros and a capital increase conducted from the company’s own funds. In addition, the nominal amount per share is reduced (share split) and the previous par-value shares converted to no-par-value shares.
Continual expansion policy: in 2000, UNIQA continues its policy of continual expansion abroad and acquires Assicuranzioni La Carnica, based in Udine, in the fast-growing Italian market. Meanwhile, the company establishes an Italian branch of UNIQA Personenversicherung AG in Milan and prepares to enter the Polish market by acquiring a majority stake in POLONIA S.A.
UNIQA is born, and the logical next step follows in 1999. The company’s strong, collective identity and clear positioning lay the foundations for the new brand as a whole. This step is absolutely essential for the joint operational approach of the two insurance companies in fulfilling their ambition of market leadership in terms of quality and creating the stable basis for future success on the central European market.
Shared commitment makes the vision a reality. Much consideration is dedicated to the decision to bid farewell to the historic and successful Austria-Collegialität and Bundesländer-Versicherung brands.
The new UNIQA brand – the result of intensive market research and multi-stage market studies in Austria and abroad – ensures that the prerequisites for future success are present even in the event of much more difficult global conditions.
BARC: the merger of these significant and long-established corporate groups produces a group with an Austrian identity and a European format.
The merger pursues two important objectives:
One of these is the creation of a strong basis for a collective and coordinated approach to the Austrian market. Only when the companies join forces can they achieve their aims of providing new and unrivalled quality in customer service.
The second is the intensive use of personal and organisational synergies to attain a stronger market presence in central Europe and particularly in the neighbouring transitional countries of eastern Europe.
1993 sees closer integration with Raiffeisen Versicherung, now the leading provider of life assurance in Austria, as a 99.5% subsidiary.
At the time of the BARC merger, the listed company Bundesländer-Versicherung is one of the largest and financially strongest insurance companies in Austria.
In autumn 1991, the merger of the company Austria with Collegialität results in the international Austria-Collegialität insurance group with its subsidiary Collegialität Versicherung (Collegialität direct).
As of 1975, Bundesländer-Versicherung holds a stake in Salzburger Landes-Versicherung.
This traditional, successful regional insurer also operates in the motor vehicles sector of the German insurance market from 1997 onwards.
At its founding in 1922, the federal states of Austria are its godparents. Not only do they give the insurance company its name (Bundesländer), they also act as a symbol of the company’s federal principles.
The Collegialität health insurance fund is founded in 1899, thereby guaranteeing its successors great success in the field of health insurance.
The origins of this company go back as far as 1860. It was then that Austria Versicherungsverein was founded, which has been Austria’s largest private health insurance provider since 1948.
Establishment of Salzburger Landes-Versicherung.