2013-09-05 07:03:03 -
Nationale Suisse /
Nationale Suisse and Baloise Switzerland to collaborate on insuring major art
collections and exhibitions
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Nationale Suisse and Baloise Insurance are to work together to insure major art
collections and exhibitions in Switzerland. This will allow clients to benefit
from greater insurance capacity available locally as well as tailored solutions.
The two Basel-based insurers Nationale Suisse and Baloise Insurance are to enter
into a partnership in the art insurance sector and will be working together to
pool their capacity for the Swiss market locally. In the future, major art
collections and exhibitions held by museums, foundations and companies, but also
private individuals, will be insured jointly under the
overall management of
Nationale Suisse. With this co-insurance of location, storage and transport
risks at a local level, Switzerland's leading players on the art market will
have even better opportunities to easily access greater insurance capacity and
to benefit from solutions tailored precisely to Swiss requirements.
Shared expertise and better access to the market
The two insurers also stand to gain from the partnership: in respect of major
risks, this non-exclusive cooperation will enable Baloise Insurance to draw on
the experience and positioning gained by Nationale Suisse over many years as an
internationally renowned art insurer. In addition, the two co-insurers will gain
enhanced access within this segment of the art insurance market, where large
sums are involved.
Strengthening the range of art insurance services for brokers and clients in
Hans Künzle, CEO of Nationale Suisse, is delighted to have found an area of
business to cultivate together with Baloise that is attractive to both
companies: "This partnership puts us in an even better position to further
strengthen the range of art insurance services that Swiss insurers can provide
to brokers and clients in Switzerland. We believe that the long tradition we
both share of actively collecting and promoting art will be a further key
element underpinning successful collaboration." Michael Müller, CEO of Baloise
Insurance Switzerland, stresses the added value for clients: "This cooperation
allows us to provide even greater security for our clients in the art sector.
The new, tailored insurance solutions will complement our current wide range of
Baloise Insurance and Baloise Bank SoBa act together as a focused provider of
financial services, combining insurance and banking services. They are leaders
in the field of integrated solutions for insurance, pensions and asset formation
for private customers and small and medium enterprises in Switzerland. With its
"Safety World" concept, Baloise is also an insurer with a range of intelligent
prevention services. Baloise Insurance has approximately 3 300 employees.
Baloise Insurance and Baloise Bank SoBa are part of the Baloise Group, which is
headquartered in Basel, Switzerland. Baloise shares are quoted in the main
segment of the SIX Swiss Exchange. The Baloise Group employs approximately
8 800 people.
Nationale Suisse is an innovative, international and independent Swiss insurance
group providing first-rate risk and pension solutions in non-life and life
business as well as a growing number of tailored specialty lines products.
Consolidated gross premiums came to CHF 1.51 billion in 2012. The Group
comprises the parent company and about 20 subsidiaries and branch offices for
focused product lines in Switzerland, Italy, Spain, Germany, Belgium,
Liechtenstein, Malaysia, Latin America and Turkey. The headquarters of Swiss
National Insurance Company Ltd are in Basel. Nationale Suisse is listed on the
SIX Swiss Exchange (NATN). On 30 June 2013, the Group employed 1 889 staff
Nationale Suisse Baloise Insurance
Christina Hartmann Amos Winteler
Media Relations Head of Communications
Phone +41 61 275 23 40 Phone +41 58 285 74 70
Fax +41 61 275 22 21
Phone +41 61 275 22 45
Fax +41 61 275 22 21
Nationale Suisse Baloise Insurance
Steinengraben 41 Aeschengraben 21
4003 Basel 4002 Basel
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