Company profile

Helvetia Global Solutions Ltd (HGS) is part of the Swiss-based Helvetia Insurance Group. The ultimate holding company is Helvetia Holding AG, is a Swiss public limited company and listed on SIX Swiss Exchange. HGS itself is located at Aeulestrasse 60 in 9490 Vaduz in the Principality of Liechtenstein.

HGS specialises in non-life insurance solutions for corporate clients (referred to Specialty Lines) and also serves private clients through selected cooperations. Its business lines are as follows:

Global Engineering & Property Solutions (GEPS), Professional Indemnity & General Liability (PI/GL), Space, Marine, Aviation, Art and private clients via its Non-Life Partnerbusiness (NL PBI). This segment includes Business-to-Business-to-Customer (B2B2C) cooperations across various product and industry segments, such as International Automotive Business (IAB). Specialty Lines coverages are offered on a direct and reinsurance basis primarily in Europe and the USA.

The Non-Life Partnerbusiness (NL PBI) is offered through selected partnership schemes across Europe, e.g. in the area of extended warranty or motor insurance. As a licensed and registered insurer under Liechtenstein law, HGS can insure risks across the European Economic Area (EEA) based on the single-licence principle, as well as in Switzerland. Additionally, HGS holds an Excess and Surplus Lines licence in the USA, allowing it to write property and casualty business as a foreign insurer.

2024 marked the first full year of operations for HGS’ UK Branch. This expansion enables HGS to continue serving UK non-life clientele, insuring risks located in the UK or brokered in the London insurance market, following the conclusion of the UK’s temporary permission regime.
HGS’ management structure, built on cross-border functional responsibilities, fosters efficient decision-making, enhances transparency, and avoids duplication.

In 2024, Standard & Poor (S&P Global Ratings) reaffirmed HGS’ rating at ‚A’ with a stable outlook. The rating continues to be driven by HGS being regarded ‚of high strategic importance’ to the Helvetia Group, reflecting its important role in the Group’s expansion strategy in specialty insurance and Non-Life Partnerbusiness (NL PBI). The Helvetia Group is rated ‚A+’ with a stable outlook overall, attributable to its solid financial strength.

HGS is embedded in the Helvetia Group’s sustainability engagement. The Helvetia Group defines the sustainability framework, establishes targets and goals at both local and group level, and supports their implementation. The Helvetia Group’s sustainability strategy is built around the following four key pillars, each representing an area where we – as a company – can make a significant contribution to driving the transition towards a more cohesive, resilient, and sustainable world.