Nationale Suisse: Nationale Suisse and Swiss Mobiliar cooperate on art insurance

Having already worked together in the art insurance sector in the past, Nationale Suisse and Swiss Mobiliar are now extending their joint approach to the art market in Switzerland through a cooperation agreement that is active retrospectively from 1 January 2013. In art insurance, the Art specialty line of Nationale Suisse is well known internationally through its specific products and expertise. In future, Swiss Mobiliar can make increased use of this and so expand its range of services, while Swiss Mobiliar's distribution network provides Nationale Suisse with an additional sales channel. Together, these two Swiss companies are also able to provide the domestic market with greater insurance capacity, so enabling even major players in the art market in Switzerland to benefit from locally tailored, attractive solutions.

Providing cover from major collections to individual works of art of private clients The market approach of this non-exclusive cooperation will be on three levels: in the market for major collections and exhibitions the capacity of both companies is being pooled within the framework of co-insurance, headed up by Nationale Suisse. In this way major risks can be covered jointly. In the market for collections of high net worth individuals and companies, such as galleries for example, Swiss Mobiliar's sales team will provide its clients with Nationale Suisse art insurance products and services. Finally, Swiss Mobiliar will continue to offer its private clients in the retail business cover for works of art such as paintings and sculptures through the insurance provided for valuables by the MobiCasa product. The art specialists at Nationale Suisse will support Swiss Mobiliar in this with their expertise.

Exploiting joint potential
Markus Hongler, CEO of Swiss Mobiliar, is looking forward to the collaboration: "We will now be in a better position to meet the needs of our clients with valuable collections." "Swiss Mobiliar is a core shareholder of Nationale Suisse. We also welcome this intensified, mutually attractive collaboration within the context of our shareholder strategy", stresses Hans Künzle, CEO of Nationale Suisse. "We are convinced that we can increasingly exploit the potential in the Swiss art insurance market jointly with Swiss Mobiliar." The affinity with art demonstrated by the two companies will also be of benefit in this regard. Both Nationale Suisse and Swiss Mobiliar have significant art collections.

Media Contact:
Nationale Suisse Christina Hartmann Steinengraben 41 4003 Basel Tel. 061 275 23 40 Fax: 061 275 22 21

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