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Vienna Insurance Group
Vienna Insurance Group

Insurance and reinsurance / Insurance and Financial Services

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Company Overview

General information about the Vienna Insurance Group company
The Vienna Insurance Group is an Austrian insurance company established in 1824 and headquartered in Vienna, Austria. It is the largest insurance group in Central and Eastern Europe and one of the leading international insurance companies in the region.
The Vienna Insurance Group operates in 30 countries and offers a wide range of insurance products, such as life and health insurance, property and casualty insurance, and reinsurance. The company also provides financial services, including asset management and bancassurance.
The company’s core markets are Austria, Czech Republic, Slovakia, Poland, Hungary, Romania, Croatia, and Bulgaria. It also has a strong presence in the other countries in Central and Eastern Europe, such as Serbia, Slovenia, Belarus, and Turkey.
The Vienna Insurance Group is listed on the Vienna Stock Exchange and has a strong financial position, with total assets of EUR 32 billion and a market share of around 20% in its core markets. The company is committed to sustainable growth and has a strong record in corporate social responsibility and community investment.
In addition to its insurance business, the Vienna Insurance Group is also focused on digitalization and innovation. It has established partnerships with technology companies and has launched several digital initiatives to improve customer experience and business processes.
Overall, the Vienna Insurance Group is a well-established and reputable insurance company that serves millions of customers in Central and Eastern Europe and is committed to providing innovative and sustainable insurance solutions.
What is special about the Vienna Insurance Group company?
1. History: Vienna Insurance Group (VIG) is one of the oldest and largest international insurance groups in Europe, with a history dating back to the early 19th century.
2. Strong presence in Central and Eastern Europe: VIG has a strong presence in Central and Eastern Europe, with subsidiaries in 25 countries and a market share of over 20% in many of these markets.
3. Diversified portfolio: VIG offers a comprehensive range of insurance products for individuals and businesses, including life, health, property, and casualty insurance, making it a one-stop-shop for all insurance needs.
4. Financial strength: VIG is financially strong and has consistently achieved high ratings from major credit rating agencies, such as Standard & Poor’s and Moody’s.
5. Innovation: VIG is committed to staying at the forefront of innovation in the insurance industry. It continuously develops new and improved products and services to meet the evolving needs of its customers.
6. Corporate social responsibility: VIG is committed to being a responsible corporate citizen and actively participates in social and environmental initiatives, such as supporting education and sustainability projects.
7. Experienced management team: VIG is led by an experienced and knowledgeable management team, with a deep understanding of the insurance industry and the markets in which the company operates.
8. Customer-centric approach: VIG puts its customers at the center of everything it does, aiming to provide exceptional customer service and ensure customer satisfaction.
9. International network: VIG’s extensive international network enables it to provide insurance solutions and services to its customers globally.
10. Awards and recognitions: VIG has received numerous awards and recognitions for its excellence in the insurance industry, including being named Best Insurance Company in Central and Eastern Europe multiple times by reputable industry publications.

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