Helvetia Holding AG · St. Gallen Switzerland ·(Swiss: HEPN)
Company Description
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This link will open in a new window Helvetia Holding (formerly Helvetia Patria Holding) oversees an insurance group, whose subsidiaries include Patria Leben and Helvetia Versicherungen. Its associated companies serve more than two million private customers and thousands of small or medium-sized businesses. As Switzerland's sixth-largest insurer, Helvetia Holding sells life and property & casualty insurance, and reinsurance, as well as private and occupational pension plans. Geographically, the company's core market consists of Austria, Germany, and Switzerland, but it has expanded through acquisitions into France, Italy, and Spain. To read the full description, subscribe now.
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Key Helvetia Holding AG Financials
| Company Type | Public - Swiss: HEPN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $5,199.7 |
| Employees | 4,591 |
Helvetia Holding AG Executives
15 executives listed for Helvetia Holding AG's St. Gallen, location.
| Title | Name & Bio | Contact |
| Chairman | Erich Walser | Network |
| Deputy Chairman | Uell Forster | Network |
| Deputy Chairman | Silvio Borner | Network |
Competition
Competitive Landscape for Helvetia Holding AG
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Helvetia Holding AG Competitors
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