UNIQA and Finlex join forces in financial lines sector

More than 140 platform users already benefit from Finlex’s digital marketplace, which went live in Austria in May 2022. UNIQA is now the first Austrian insurance company to join the seven existing D&O insurers in the D&O insurance division of the platform. UNIQA’s focus is clearly on SME customers.

All of UNIQA’s relevant underwriting rules are portrayed in the platform’s algorithm. Therefore, brokers can calculate UNIQA quotes in real time and offer them to customers. The quote and proposal bear the broker’s logo. For revenues of up to EUR 50 million and insured sums up to and including EUR 3 million, policies can be concluded immediately via the platform in many cases; an indicative offer will be created for larger companies. Existing customers even receive a discount of ten percent.

“Joining forces with Finlex fits perfectly into UNIQA’s digitalisation strategy. The fact that even complex commercial and industrial products such as D&O can now be processed digitally is also a welcome innovation for us. That’s why we are delighted to be the first Austrian insurer on the Finlex platform,” says Peter Humer, Board member, Customer & Market Austria, UNIQA Insurance Group AG.

“The cooperation with the UNIQA Financial Lines team under the leadership of Andreas Wimmer is characterised by consummate professionalism and mutual high esteem. The fact that a market-leading Austrian insurance company such as UNIQA is now represented on the Finlex platform with its D&O offering is greatly appreciated by our partner brokers”, says Dr Peter Loisel, Country Head Austria for Finlex GmbH.

 

The following images are authorised for reprinting subject to editorial, non-commercial use only.

Peter Humer | (press photo )
Photo credits: ©UNIQA/Keinrath

Dr Peter Loisel | (press photo )
Photo credits: Finlex GmbH

 

About UNIQA

UNIQA Group is one of the leading insurance companies in its core markets of Austria and Central and Eastern Europe (CEE). Around 21,000 employees and exclusive sales partners support more than 16 million customers in 18 countries. In Austria, UNIQA is the second largest insurance group with a market share of around 21 percent. UNIQA is active in 15 markets in the CEE growth region: Albania, Bosnia and Herzegovina, Bulgaria, Kosovo, Croatia, Montenegro, North Macedonia, Poland, Romania, Russia, Serbia, Slovakia, Czech Republic, Ukraine and Hungary. In addition, insurance in Switzerland and Liechtenstein also belongs to the UNIQA Group.

About Finlex GmbH

Finlex – the online insurance platform for commercial and industrial customers with a focus on financial lines such as D&O, cyber, criminal-defence and PI insurance.

In the Insurance industry Finlex is considered as one of the few ‘scale-ups’ with enormous potential. Scale-ups are start-ups that have left the initial phase and are showing rapid growth. Finlex combines expert knowledge from the commercial and industrial insurance sector with the most advanced technology. The needs of the customer always come first. The platform offers insurance brokers with a focus on corporate clients a white label solution with market-leading specialty products and all relevant insurers in one place. From tendering to contract, renewal and portfolio functions to an extensive knowledge base, the platform provides brokers with their own digital infrastructure. For insurers, it enables automated underwriting (robo-underwriting) for financial lines products and access to the leading industry brokers in Germany, Austria and soon France. Finlex is headquartered in Frankfurt am Main with offices in Barcelona, Berlin, Düsseldorf, Essen, Paris, and Vienna. The company was founded in 2015 and today employs more than 130 people.

 

Press contact

Finlex GmbH
Denise Jetzki | Head of Marketing & Communications
Email: marketing@finlex.io
Telephone: +49 69 8700 142-0
finlex.io