ISIN:CH0466642201

Helvetia Insurance acquires Mobile Garantie – a specialist in innovative guarantee insurance

Retrieved on: 
Sabato, Aprile 15, 2023

The company specializes in innovative guarantee and repair cost insurance for vehicles and electronics and already works with Helvetia.

Key Points: 
  • The company specializes in innovative guarantee and repair cost insurance for vehicles and electronics and already works with Helvetia.
  • Helvetia Insurance is acquiring Hanover-based Mobile Garantie Deutschland GmbH.
  • Mobile Garantie is a provider of tailored insurance solutions and services for supplemental vehicle insurance, namely warranty extension and breakdown insurance in Germany, Austria and the Netherlands.
  • Helvetia Insurance has been working with Mobile Garantie since 2018 and is the underwriter for large parts of Mobile Garantie's business in Europe.

Helvetia Holding AG: Helvetia to use ChatGPT for new customer service

Retrieved on: 
Venerdì, Marzo 31, 2023

Helvetia is the world's first-ever listed insurer to launch a direct customer contact service based on OpenAI's ChatGPT technology.

Key Points: 
  • Helvetia is the world's first-ever listed insurer to launch a direct customer contact service based on OpenAI's ChatGPT technology.
  • ChatGPT is an artificial intelligence tool that can digest massive volumes of text data and then use this as a basis for answering questions.
  • To do this, the software uses web content from Helvetia Switzerland, such as product pages and information guides.
  • Helvetia will decide on the next steps with Clara and her GPT functionality once it has analysed the first findings from the experiment.

Successful capital increase for Helvetia (CH) Swiss Property Fund

Retrieved on: 
Giovedì, Marzo 23, 2023

Helvetia Asset Management has successfully completed the second capital increase for the Helvetia (CH) Swiss Property Fund in the amount of CHF 170 million.

Key Points: 
  • Helvetia Asset Management has successfully completed the second capital increase for the Helvetia (CH) Swiss Property Fund in the amount of CHF 170 million.
  • Following the capital increase, the Helvetia (CH) Swiss Property Fund will be one of the largest non-listed real estate funds in Switzerland, with a market value of CHF 1,092.3 million.
  • The capital increase carried out for the Helvetia (CH) Swiss Property Fund between 7 and 22 March 2023 was fully subscribed, having met with strong interest among existing and new investors.
  • The completed capital increase makes Helvetia (CH) Swiss Property Fund one of the largest non-listed real estate funds in Switzerland.