The two basic insurers of the Helsana Group, Progrès Insurance Company Ltd and Helsana Insurance Company Ltd, are merging effective 1 January 2022. You can find information about the background and what the merger means for insured persons here.
Progrès Insurance Company Ltd and Helsana Insurance Company Ltd are two basic insurance companies with different legal entities. Progrès is a company of the Helsana Group.
Current conditions are favourable for a merger as the premiums of the two companies are very similar. Some years ago, Helsana abandoned its multiple brand strategy that included differentiating factors. It has already reduced from five to two companies for this reason. We are also taking this measure to increase transparency and comprehensibility for our customers.
The merger, effective 1 January 2022, supports our strategy for more stable and sustainable premium development.
No, supplementary insurance policies are not affected by this merger. Helsana Supplementary Insurances Ltd will continue to offer these policies as normal.
No. Anyone previously insured by Progrès will now simply be insured by Helsana Insurance Company Ltd. As a result of the merger, the company will benefit from a larger number of policyholders. This generally results in more stable and sustainable premium development.
Basic insurance customers of Progrès will now be insured by the basic insurance company Helsana. They will benefit from the merger as a larger pool of policyholders promises more stable, sustainable premium development.
Yes. Basic insurance policyholders have an ordinary annual notice period (termination notice by 30 November 2021), provided that they have no outstanding premium invoices and can produce confirmation of subsequent insurance. Debt enforcements and certificates of loss held by Progrès will remain.
No. The switch will occur automatically on 1 January 2022.
The merger increases the sustainability and stability of our premiums and supports financial security.
Some years ago, Helsana abandoned its multiple brand strategy that included differentiating factors. It has already reduced from five to two companies for this reason. We see the planned merger as a logical consequence, especially as premiums are moving closer together as a result of increasingly refined risk compensation.
The modalities of the merger were submitted to the supervisory authority for review.
The time is right for a merger. The premiums are similar, and it is the last consistent step in putting the old multi-brand strategy behind us.
We're here to help.