Union Poistovna, A.S., Pobocka Pro Ceskou Republiku (Czech Republic)

Union Poistovna A.S is a company located in Prague. It was founded in 1992 and is one of the most experienced insurance companies in the Slovak market. The company offers a wide range of life, non-life, and individual health insurance products for both individual and corporate clients. Union has been a subsidiary of the largest Dutch insurance group, Eureko B.V., since 1997, allowing it to draw on extensive experience and know-how from various types of insurance across Europe. Union Poistovna is a leading insurance company in the field of travel insurance and a pioneer in individual health insurance. It has a strong position in selected segments of non-life insurance, as well as a growing portfolio of life and individual health insurance. In collaboration with its sister company, Union zdravotna poistovna, the company offers comprehensive healthcare solutions in the Slovak market. The company's mission is to create value for clients, shareholders, employees, and distribution partners through transparent and ethical relationships. Union aims to provide exceptional services, proactively innovate, and offer a unique combination of commercial and health insurance products. Union's strategy focuses on long-term profitability through controlled growth and increased operational efficiency. The company aims to maintain customer trust and loyalty by providing reliable and fast services, building sustainable competitive advantages through excellent service quality, and continuing to innovate and introduce new products and distribution methods. It also aims to strengthen relationships with insurance intermediaries, utilize cross-selling and customer relationship management to enhance distribution channels' efficiency and market share, maintain a leading position in the travel insurance market, and further develop individual health insurance. In the coming period, Union aims to maintain its dominant position in the travel insurance segment and increase its market share through e-commerce and innovative sales methods, such as mobile phone-based insurance. The company also emphasizes corporate social responsibility and actively participates in social projects and organizations, particularly in supporting the education of young people in business and economics. Union is an active member of the Central European Corporate Governance Association and implements the Corporate Governance Code in Slovakia through various activities in collaboration with the National Bank of Slovakia.