Swiss Re Corporate Solutions, the commercial direct risk underwriting arm of Swiss Re, has announced that it will provide PULSE & Network to the UNIQA Group.
With PULSE & Network, Swiss Re Corporate Solutions is offering UNIQA a single online platform to manage and deliver structured international programmes.
This is supplemented with the use of Swiss Re Corporate Solutions’ global network covering over 150 countries to extend UNIQA’s own network
Policies on the Swiss Re Network are also centrally ‘pooled’ and ceded back to UNIQA via single reinsurance transactions.
Where UNIQA uses Swiss Re’s local insurance entities, ONE Form will be available, which is Swiss Re’s globally standardised property policy and is embedded in the PULSE platform.
Swiss Re Corporate Solutions has already been cooperating with UNIQA in different areas, for example UNIQA is a network partner for Swiss Re Corporate Solutions in Eastern Europe.
“UNIQA has been a key supporter of our International Programmes proposition for many years,” noted Andreas Berger, CEO of Swiss Re Corporate Solutions. “It is great to have another commercial insurer join our growing customer base and use our technology and network. We are looking forward to supporting UNIQA in addressing the expectations of its multinational customers and to complementing its proprietary network, thereby advancing corporate insurance together.”
Olivera Böhm-Rybak, Chief Corporate & Affinity Business Officer of UNIQA Group, also commented: “We are proud of this extension of our strategic cooperation with Swiss Re Corporate Solutions. It is also an important milestone within our UNIQA 3.0 strategy with customer centricity at its core.”
“We are now in a great position to support our corporate customers on a global level while at the same time taking a big step towards the digitalisation of our processes.”
