UNIQA Towarzystwo Ubezpieczen na Zycie S.A.

The Network Member profile can be found HERE.

Tabs group

Local strengths

Group Life insurance market in Poland is significant (over 10 mn employees and their family members covered), mature (new business means usually take-overs from competitors) and standardized (taking into account product features). Comparing to other markets it is also specific:

•typically insurance schemes are voluntary (premium deducted from employees payroll, take up rate at the level of 60% – 70%)

•very broad scope of cover focused on, except typical coverages like life, accident, illness, hospital stay also on broad protection for spouse or partner and some social coverages like child birth or parents death (also spouse’s parents)

UNIQA PL is focused on small, middle and medium-big companies, growing industries (trade, services), mastering services for clients on each stage (purchase, maintenance and claims handling) and developing products to increase persistency, up-sell and x-sell.

From product perspective they offer very attractive hospital cash benefits - not limited geographically, even 1-day stays are covered (market standard min. 3 days), not day limit regarding ICU stays. Their Critical Illness is also one of the best in class, including 50 cases. 

From service perspective they offer support in purchase and admin procedures, fair and fast claims handling process. They are launching on-line platform to support their intermediaries and clients with more effective policies administration.