CORPORATE INSURANCE: How to avoid overpaying millions in annual premiums?
If you are a large company with thousands of employees, you pay many millions annually just for insurance (that is, if you're not already a Eurovalley client). A large portion of this amount is employee insurance.
How not to overpay millions annually on insurance premiums?
You probably follow the standard path: As an employer, you offer your people insurance solutions against potential liabilities. You therefore use a standard product with clearly defined, but not entirely advantageous conditions.
The entire insurance system is set up this way. An example?
The loss ratio works against you
The ratio between the premium amount and the paid-out claim is expressed by the so-called loss ratio, which increases with the number of paid claims. The moment it exceeds approximately 50%, the costs for the insurance company become borderline profitable.
And let's face it: Insurance companies are not charities. They too want and need to make a profit.
In this situation, the insurer has several options. The first is to increase the deductible. The second common option is to reduce the insured risks, so that there aren't as many claims and you continue to pay the same price for insurance (but not for claims handling!).
The third option is that the insurer drastically increases the premium. And by then, it's usually too late to negotiate.
Everyone involved saves by consolidating insurance
At Eurovalley, we offer you an open fleet of insurance products. This is tailored to your needs and designed to stabilize your company's insurance costs. From day one, you'll gain the following benefits:
- Stable insurance premiums: Premium increases and other changes occur much less frequently than you might be used to.
- Up to a 20% discount on premiums, which for companies with hundreds or thousands of employees translates to tens of millions in annual savings.
- Employees can save thousands of crowns annually on insurance – we can simply offer them better insurance terms. And don't worry, this won't burden your company's administration: our call center staff will contact employees and arrange individual consultation times with each.
- You will reduce employee turnover of dissatisfied employees (you show them you care about them and their families – at a time when everything is getting more expensive, you offer them financial relief).
The magic of combining corporate insurance with employee insurance is that it truly benefits everyone.
More advantageous insurance is within your reach – just take the first step.
After we discuss your company's situation and objectives with you, we at Eurovalley will create a unique (and maximally beneficial) solution for your company and employees.
We will present the benefits of the solution to employees in a presentation, which, along with contact details for our insurance partner, can be posted on the company website and intranet. Employees can then arrange a meeting or call with our staff themselves and manage their insurance independently.
We understand that the idea of combining corporate and employee insurance might be new to you. We would be happy to answer your questions or clarify any uncertainties during a personal meeting – so please don't hesitate to contact us without obligation by clicking the button here.
It will be the first step towards more advantageous and comprehensive insurance. your company and its employees.
So why wait?
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Let's talk about protecting your business and organizations.
Effective insurance starts with understanding risks. We help clients identify, assess, and manage risks so that their insurance strategy aligns with their real-world operations and long-term vision. Our insurance consulting connects detailed analysis with executive-level decision-making processes.
