In 2016 UNIQA started a comprehensive investment and innovation programme and strengthened the group structure. The slimmer structure takes account for the changed customer needs and market demands.
- The listed holding company now only has three instead of five chairmen since June 1st 2016.
- The four direct insurers operating in Austria up to this point (UNIQA Österreich, Raiffeisen Versicherung, Salzburger Landes-Versicherung and FinanceLife Lebensversicherung) were melded, whereby UNIQA Austria Insurances PLC functions as incorporating corporation. The transaction was concluded as of October 1st 2016.
- The board mandates in Austria were reduced from 22 to 10 as of June 1st 2016. Thereby we have created a new structure with a functional group control in order to increase the further development of our operative excellence in the core business. The chairmen assume group-wide responsibility and we will become more powerful, efficient and innovative in total.