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direct/ Eureko B.V. (NL): Eureko Expands to Scandinavia - Health Insurance for Expats in Danish and Swedish market

01-22-2007 06:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Eureko B.V.

Eureko is expanding its insurance activities to Denmark and Sweden, and has concluded a contract through its Dutch subsidiary, Zilveren Kruis Achmea, with Topdanmark, one of the largest insurers in Denmark and Länsförsäkringar, its major Swedish Alliance partner. The XHI is a project of Eurapco, an Alliance of European Insurance companies, of which Eureko and Länsförsäkringar are partners.

Expatriate Health Insurance
The Expatriate Health Insurance will cater to the particular needs of expatriate employees most of whom are working with multinational companies. After a successful introduction into the Dutch market, Eureko sees a number of possibilities for co-operation with other European insurers such as Topdanmark. "The launch of this product on the Danish market will cater to the needs of the growing ´expat´ community. About five million ´expats´ arrive in EU countries annually. There is a growing need for good health insurance for those who work abroad for extended periods", says Michael Dubelaar, Manager, International Care at Eureko.

Three levels of insurance
Employees and employers can choose from three levels of insurance packages: ´Excellent´, ´Comfort´ or ´Standard´. The internet provides the capability to submit on-line insurance registration, on-line claims submission and the updating of personal details. Topdanmark is to launch a special website.

EuroCross: 24 hours per day
EuroCross International, the largest medical emergency centre in The Netherlands, is available to companies to provide assistance 24 hours per day. EuroCross, which works closely with Zilveren Kruis Achmea, has a vast network of hospitals and specialists world-wide, and their expert knowledge, also in the ´expat´ field, is used to provide assistance, advice and support.

Ends, 22 January 2007

For further information, please contact :

Eureko
Michael Isaac
Media Relations
Tel: +41 44 2879504
Mobile: +41 79 2299938

About Eureko
Eureko B.V. is a privately-owned financial services group, registered in The Netherlands, whose core business is insurance. It has operations in 10 countries and has more than 20.000 employees.

The Group offers a full range of insurance - Life and Non-Life and pension products, health insurance and services, asset management and banking.

Eureko´s philosophy is to create an integrated, pan-European group consisting of market leaders in the territories in which its companies operate, providing, ´local solutions, shared goals´. It is this local expertise, with the backing of a strong European Group and the sharing of skills and experience throughout the Group, which is the corner-stone of Eureko´s values. The Operating Companies retain their own names, as brand recognition in their territories is very strong.

The group now comprises

- Achmea: offers businesses, institutions and consumers in the Benelux a wide range of insurance, banking, mortgage products and accompanying services. It holds the No 1 position in the Non-Life market and the No 2 position in the Life market in The Netherlands.
- Interamerican: Established for over 37 years in Greece, the Interamerican brand is synonymous with quality and innovation. The company holds the No 3 position in both the Life and the Non-Life markets.
- Friends First: provider of pensions, investments, protection and finance products in Ireland.
- Império France: operates in a niche market segment (the Portuguese community) in the French Life market.
- Union: an insurance company in Slovakia offering Life, Non-Life and Health products.
- Developing operations in Romania, Bulgaria and Cyprus
- A strategic 33%-1* share investment in PZU of Poland - the largest insurer in Poland and Central and Eastern Europe with the leading position in both the Life and Non-Life markets.
- A 21% shareholding in F&C Asset Management plc

Eureko strategy
Eureko will consolidate and grow its well-established Dutch position while strengthening its focus on its other European operations. Key emphasis will be focused on exploring growth opportunities across Central and Eastern Europe. The Group´s significant presence in Poland, where a second home market is planned, is acknowledged as its springboard for future expansion in this increasingly important region.

* regulatory approval to increase this shareholding to 50% has been sought.

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