Description
SWOT ANALYSIS OF UNIQA INSURANCE
Uniqa Insurance
Parent Company
UNIQA Group
Category
Diversified Insurance
Sector
Banking and Financial Services
Tagline/ Slogan
Peaceful Life Ahead
Tailor-made insurance covers offering full security to our clients with USP outstanding customer service and always exceeding expectations
STP
Segment
Health, Disability Insurance
Target Group
Individuals, Corporate
Positioning
The most trusted insurance brand of Austria
SWOT Analysis
1. The company boasts of presence in 20 countries and a workforce of 22000 employees 2. The company as a part of corporate responsibility pays huge attention to sustainable growth, compliance and corporate governance. 3. The company has been upgraded in its rating and has been awarded a stable outlook 4. The company is one of the leading insurance financial services Strength companies in the region
1. The company is present in the European market where it is exposed to troubled sovereigns. 2. The company has some amount of geographic risk as its portfolio is Weakness made of economies similar to each other
1. The global outlook for the insurance market is positive which will help the company to increase its market share and grow. 2. The ageing population in few markets poses as an opportunity for the Opportunity company as new markets to venture into
Threats
1. The rise in incidents of fraud and defaults pose a threat to the
insurance industry. 2. There is an increase in competition for capital which is likely to increase costs due to Solvency II norms. 3. The economic recovery slowdown in European nations has decreased the demand for the products
Competition
1. Allianz SE 2. Generali Holding Vienna AG Competitors 3. Vienna Insurance Group AG
doc_410493240.docx
SWOT ANALYSIS OF UNIQA INSURANCE
Uniqa Insurance
Parent Company
UNIQA Group
Category
Diversified Insurance
Sector
Banking and Financial Services
Tagline/ Slogan
Peaceful Life Ahead
Tailor-made insurance covers offering full security to our clients with USP outstanding customer service and always exceeding expectations
STP
Segment
Health, Disability Insurance
Target Group
Individuals, Corporate
Positioning
The most trusted insurance brand of Austria
SWOT Analysis
1. The company boasts of presence in 20 countries and a workforce of 22000 employees 2. The company as a part of corporate responsibility pays huge attention to sustainable growth, compliance and corporate governance. 3. The company has been upgraded in its rating and has been awarded a stable outlook 4. The company is one of the leading insurance financial services Strength companies in the region
1. The company is present in the European market where it is exposed to troubled sovereigns. 2. The company has some amount of geographic risk as its portfolio is Weakness made of economies similar to each other
1. The global outlook for the insurance market is positive which will help the company to increase its market share and grow. 2. The ageing population in few markets poses as an opportunity for the Opportunity company as new markets to venture into
Threats
1. The rise in incidents of fraud and defaults pose a threat to the
insurance industry. 2. There is an increase in competition for capital which is likely to increase costs due to Solvency II norms. 3. The economic recovery slowdown in European nations has decreased the demand for the products
Competition
1. Allianz SE 2. Generali Holding Vienna AG Competitors 3. Vienna Insurance Group AG
doc_410493240.docx