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First a new owner, now a new name

MLP-Lebensversicherung changes to FinanceLife

After the complete takeover by UNIQA in December 2002, it was only a matter of time before MLP-Lebensversicherung AG Vienna would present itself with a new name. Now the veil has been lifted: MLP is becoming FinanceLife Lebensversicherung AG.

"The new brand very precisely mirrors our area of activities and our services - investments for securing the future," explains Werner Holzhauser – Executive Director responsible for sales – clearly satisfied with the new name. The new brand was launched by a slightly enlarged management team – in addition to Holzhauser, the Board includes Christian Sedlnitzky, Josef Thiemer and Karl Unger – who will strive to take back the leading position in the market segment of unit-linked life insurance.

"The company’s clear ownership structure – FinanceLife is a 100% subsidiary of UNIQA –, its efficient infrastructure and the excellent financial standing of the parent company will help us to leap to our targets,” states Werner Holzhauser optimistically. Being a partner of the UNIQA Group supports the development of new, attractive products and guarantees a network of intensive service for our sales partners. FinanceLife will continue the trendsetter tradition of its predecessor by innovative product design and high service quality in the rapidly growing market of unit-linked life insurance.

The company has just launched its new web site in the internet (created by the Vienna-based agency future bytes) at http://www.financelife.com.

24. March 2003


UNIQA Group Austria
Press Service

Untere Donaustrasse 21
1029 Vienna
Tel.: (+43 1) 211 75-3414
Fax.: (+43 1) 211 75-3619
Mobil: (+43 664) 112 02 37
E-Mail: presse@uniqa.at

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