Allianz Suisse sticks to comprehensive insurance
Allianz Suisse currently has no plans to withdraw from the comprehensive insurance business. Despite the challenging environment, the BVG business continues to represent an important component of the offering for corporate clients. Allianz Suisse therefore remains a reliable partner for its clients in the SME business.
Allianz Suisse currently has no plans to withdraw from the comprehensive insurance business. Despite the challenging environment, the BVG business continues to represent an important component of the offering for corporate clients. Allianz Suisse therefore remains a reliable partner for its clients in the SME business.
With around 13,600 affiliated companies and around 147,000 insured persons, Allianz Suisse is an important provider in the group life business in Switzerland. This will remain so in the future, as Monika Behr, Head of Life at Allianz Suisse, emphasizes:
"Small and medium-sized companies in particular often do not want to and cannot bear the investment risks in occupational pension provision themselves. Full insurance is and remains an important pillar of our offering, and there are currently no plans to withdraw from it."
However, the challenges remain great following the rejection of the 2020 pension reform proposal by the Swiss electorate. For this reason, Allianz Suisse is maintaining its selective underwriting policy in the group life business and is focusing its new business primarily on SMEs.
Politicians are also called upon to come up with new solutions as quickly as possible that aim to reduce the high mandatory conversion rate and the guaranteed interest rate in the mandatory system. "Monika Behr is convinced that "it is in the interest of all parties involved, and above all of the insured, that the remaining providers of full insurance solutions can continue to operate their business sustainably in the future.
