The Group Insurance unit is responsible for the insurance needs of all national and international Group companies. The unit supports the companies with the systematic identification and assessment of risks, through the structuring and selection of appropriate insurance solutions, right down to the competitive tendering and placement of appropriate cover at the international insurance market. The unit also safeguards the Company's interests when it comes to claims and advises the operating companies in respect of all M&A and due diligence processes as well as joint ventures.
All branches of business insurance are covered, with a focus on nonlife insurance and business interruption insurance, erection all-risk insurance as well as liability insurance incl. financial loss liability insurance like D&O, for example. This is supplemented by insurance relating to company pension schemes and statutory insurance like motor vehicle third-party liability insurance, nuclear liability insurance as well as accident insurance for employees.