Helvetia underscores its international ambitions with Helvetia Global Solutions
Swiss insurer Helvetia is announcing that Helvetia Liechtenstein will operate under the name Helvetia Global Solutions as of the end of March 2022.
The new name illustrates the company’s international orientation. HGS operates in the non-life business and offers customized special and reinsurance coverage in the fields of industrial property, engineering, space, aviation, marine and art. HGS also insures Europe-wide risks in the B2B2C business and in International Automotive Business.
HGS is registered in Liechtenstein, allowing it to underwrite risks in the European Economic Area as part of FOS (freedom of service). HGS also has a US license for underwriting specific Specialty Line risks.
In recent years, the business areas Specialty Lines, the B2B2C business and International Automotive Business were among the growth drivers of the Helvetia Group. These business areas “still offer good and sustainable growth opportunities” and thus make an important contribution to the strategic priority “profitable growth” of the helvetia 20.25 strategy.