The personal experience gained by the top management of the Vienna Insurance Group in the Central and Eastern Europe region and their personal involvement on site promote direct communication between local management and the Executive Board of the Vienna Insurance Group. This allows necessary decisions to be made quickly in coordination with the Vienna Insurance Group and for support to be provided by the Group if needed.
Group companies are routinely assisted and supported in key business areas such as investments, as well as with corporate customer support or actuarial problems, by staff at the Vienna Insurance Group’s corporate headquarters. This combination of Group expertise and the know-how of local subsidiaries makes possible the successful long-term development of the Vienna Insurance Group. Following the pattern of ongoing, direct communication between local management and the Managing Board of the Vienna Insurance Group, management and employees of Group companies also routinely exchange information with one another. Extensive networking and discussion generates innovative product ideas and successful concepts and solutions over a broad range of areas, which are then made available for use by the entire Group. This exchange of know-how and flexible communication within the Vienna Insurance Group is a key factor in the successful implementation of the Group’s business model and the achievement of its objectives.
