Annual Report 2015

Česká pojišťovna Group Highlights

2015

January

The final step in the purchase of a minority shareholding in Generali CEE Holding (until January 2015 Generali PPF Holding) was completed. As a result, the holding became wholly owned by the Generali Group following the PPF Group’s decision to sell its remaining stake.

June

Marcel Homolka became the CEO and Chairman of the Board of Directors of Penzijní společnost České pojišťovny on 1 June.

Karel Bláha was named a member of the Board of Directors of Česká pojišťovna with effect from 1 June.

July

Marek Jankovič was appointed as the CEO and Chairman of the Board of Directors of Česká pojišťovna. He was also made the Generali Group’s Country Manager in the Czech Republic.

Tomáš Vysoudil was named a member of the Board of Directors of Česká pojišťovna with effect from 1 July.

The Generali CEE Group’s strategy is to increase efficiency and make it easier to implement new regulatory requirements necessitated by the introduction of Solvency II rules. The decision by the Group’s management to transfer the operations of Česká pojišťovna’s Polish branch by hiving off part of its business was one way of implementing this strategy. On 10 July, a precontract agreement on the sale of part of the business was signed between Česká pojišťovna and GENERALI TOWARZYSTWO UBEZPIECZEŃ S.A.

October

Changes were made to Česká pojišťovna’s sales management. Karel Bláha was appointed as the director of Česká pojišťovna’s Corporate Sales Section, with Tomáš Vysoudil taking over the reins of the Company’s Retail Sales Section, while Pavol Pitoňák was named the director of the Underwriting Section.

A.M. Best, the international rating agency specialising in the insurance sector, gave Česká pojišťovna a financial strength rating of “A” (Excellent) and a credit rating of “a”, both of which came with a stable outlook.

November

Starting in November, all branches of Česká pojišťovna were able to offer customers the option of signing electronically.

December

As at 31 December, on the basis of the aforementioned precontract agreement, Česká pojišťovna sold GENERALI TOWARZYSTWO UBEZPIECZEŃ S.A. part of its business focusing primarily on motor insurance in Poland. This transaction centred on the transfer of the insurance portfolio managed by Česká pojišťovna’s Polish branch.

2016

January

Pavol Pitoňák was named a member of the Board of Directors of Česká pojišťovna on 20 January. Prior to joining Česká pojišťovna, he worked for Allianz – Slovenská poisťovňa as a board member and vice-president in charge of products and claim settlements. He graduated from the Slovak University of Technology, before obtaining his MBA at ESCP Europe’s Berlin campus.

February

Česká pojišťovna was the second-placed Insurance Company with the Best Travel Insurance in the TTG Travel Awards, the oldest and most prestigious survey among tourism experts in the Czech Republic. The poll is conducted by TTG Czech, the most important magazine for professionals in this sector.

March

Česká pojišťovna supported the development of the Záchranka (Ambulance) application. This means that, thanks in part to Česká pojišťovna’s backing, the emergency medical service has a new helpmate when locating the position of patients calling the 155 emergency line. The mobile application is available free of charge for smartphones running Apple iOS and Google Android. Záchranka follows on the heels of Horská služba (Mountain Ambulance Service) as another important application helping to save lives with Česká pojišťovna’s support. Česká pojišťovna has drawn up insurance for personalised number plates, available as a rider on collision insurance from 1 March 2016. The insured amount has been set at CZK 10,000, with the insurance covering the risk of the loss, destruction or theft of one or both number plates. Penzijní společnost České pojišťovny won a prestigious award in the category of Best Innovator (as Best Innovation Pension Fund in CEE). This made it the sole pension fund in the Czech Republic to be honoured in this way. Česká pojišťovna upgraded its insurance of apartment buildings to offer higher insurance limits, coverage of new risks, and a wide range of assistance services.

April

Česká pojišťovna has introduced new children’s life insurance as part of its expansion of Můj život (My Life) insurance. This new development covers risks such as loss of self-sufficiency or serious illness. It also offers a wide panoply of assistance services, including arrangements to stay in top-class rehabilitation facilities. Clients will also be able to enjoy the brand new Můj doprovod (My Entourage) assistance application.