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Basel, November 12, 2021. Baloise has secured second place at the 2021 Swiss Insurance Innovation Awards. The innovation awards are jointly presented by online trade journal HZ Insurance, publishing house Ringier Axel Springer Schweiz AG, the University of St. Gallen’s Institute of Insurance Economics, the Swiss Insurance Brokers Association, the Swiss Association of Insurance and Risk Managers, audit and consultancy firm EY Switzerland and Microsoft Switzerland.

Baloise secured second place at yesterday’s 2021 Swiss Insurance Innovation Awards, once again being recognised as one of Switzerland’s most innovative insurance companies. It sealed victory with the Inshareance project. “I am very proud that our employees have been singled out for their exceptional innovativeness and that Baloise has again been named as one of the most innovative Swiss insurers,” said Michael Müller, CEO of Baloise Switzerland. 

Inshareance is an insurance solution tailored to sharing models, which are becoming increasingly popular. Sharing platforms enable the shared use of goods, which comes with its own specific set of claims risks. To insure these risks, Baloise has designed the Inshareance modular product for digital sharing platforms. It is based on low premiums and the ability to take out policies in real time using Baloise’s API. The Inshareance solution was developed in close collaboration with technology partner KASKO and Touring Club Suisse. It has already enabled several sharing firms – such as MyCamper – to establish a comprehensive insurance service. “We are delighted that Inshareance has won an innovation award,” said Philipp Marty, Head of New Business Lines & Partnerships. “It is our belief that Inshareance represents the first step in adequately catering to the changing insurance needs of the sharing economy.”
 
Further information Innovations at Baloise Group YouTube video
Further information Innovations at Baloise Group YouTube video
About Helvetia Baloise Helvetia Baloise is Switzerland’s largest multi-line insurer and one of Europe’s leading insurance groups. Every day, more than 22,000 employees work hard to support around 13 million customers with insurance, pension, and financial solutions. These customers range from individuals and small to medium-sized enterprises (SMEs) through to international customer groups, which also benefit from areas such as specialty insurance and reinsurance. Headquartered in Basel, Switzerland, Helvetia Baloise operates in eight European markets and in global specialty markets, combining its strong Swiss roots with a clear international focus. Helvetia Baloise creates safety and security and opens up opportunities, both today and in the future. Through profitable growth and business operations that are geared to long-term stability, we create tailored solutions for our customers, provide an attractive and reliable investment for our shareholders, promote strong partnerships and offer rewarding career prospects for our employees. Helvetia Baloise Holding Ltd shares (HBAN) are listed on the SIX Swiss Exchange.
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