New residual debt insurance for Swiss online shopping
· UNIQA Liechtenstein enters the Swiss market with residual debt insurance
· New product, new sales channel, new partner: In co-operation with UNITO Versand & Dienstleistungen GmbH, UNIQA offers more security when shopping online
· In particular, the new sales channel promises strategic growth in the area of innovation and digitalisation
Vienna – 15 April 2021. As an established property insurance company, UNIQA in Liechtenstein has a broad network in Western and Eastern Europe. “Innovation and digitalisation are opening up new sales opportunities for us – together with our partner companies, we are creating alternative offers that are available to people exactly where they need them,” says Wolfgang Kindl, the member of the Management Board of the UNIQA Insurance Group with responsibility for the Customer & Market International division. “Starting right now, we are offering residual debt insurance through the Swiss online shops of the UNITO Group at the click of a mouse – simply and digitally. It now takes just a few moments for shoppers to add insurance to their online shopping basket,” Kindl continues.
UNIQA providing security for instalment payments
The residual debt insurance policy offers customers in the Swiss online shops of the UNITO Group protection when they make purchases online and pay by instalments: “If customers decide to insure their instalment payments as part of their purchase, UNIQA will jump in with help if certain events occur – for example if they become unemployed or unable to work or suffer a serious illness – and take over the repayment of any outstanding instalments,” explains Carsten Abraham, CEO of UNIQA Liechtenstein.
Long-planned implementation succeeds with UNIQA
“We are delighted that, thanks to the co-operation with UNIQA, we have been able to bring on stream this long-planned implementation and processing of residual debt insurance for our brands operating in Switzerland. We have a high regard for UNIQA here as a reliable partner, but also as a company that, like us, is wholeheartedly committed to agile ways of working,” explains Harald Gutschi, chief executive of the UNITO management. The Group recorded total sales of EUR 423 million in the 20/21 financial year. The Swiss market has gained massively in importance for UNITO, and this is where the company is enjoying the strongest growth. Which is why UNITO is especially happy that, with the “residual debt protection flexi-account”, its Swiss customers can now feel safer than ever when shopping.
The UNIQA Group is one of the leading insurance groups for its core markets of Austria and Central and Eastern Europe (CEE). Around 23,500 employees and exclusive sales partners serve around 15.5 million customers in 18 countries. UNIQA is the second-largest insurance group in Austria with a market share of more than 21 per cent. UNIQA operates in 15 markets in the CEE growth region: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czechia, Hungary, Kosovo, Montenegro, Northern Macedonia, Poland, Romania, Russia, Serbia, Slovakia and Ukraine. The UNIQA Group also includes insurance companies in Switzerland and Liechtenstein.