History

From 1907 through to the 21st century, the historic events of the last 100 years and more are reflected in the corporate history of Europäische Reiseversicherung. It is also a history that is marked by entrepreneurial spirit, progress, expansion and innovation.

1907-
1970

1907: Company established by Max von Engel at the same time as Europäische Güter- und Reisegepäckversicherungs-AG in Munich with share capital of 300,000 crowns.

1908: Austrian board of directors appointed in Vienna.

1910: First contract with Austrian State Railways.

1923: Separate Austrian stock corporation established in Vienna.
Companies established with according names in other countries.

1939: Share capital to be transferred to Europäische Berlin.

1946: Europäische Güter- und Reisegepäckversicherungs-AG provisionally established in Vienna by way of a special authorisation.

1947: New founding of EUROPÄISCHE in Vienna with equity capital of ATS 250,000 ATS.

1960: Terms of insurance for luggage cover changed.

1961: Co-operation with ÖAMTC (Austrian Automobile Club) starts.

1970: General terms of insurance reviewed on account of increase in motorisation in the 1960s and growth in tourism.

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1981-
2000

1981: First party insurance introduced.

1984: insurance card launched.

1985: EUROPÄISCHE joins the IAE (ETI Group).

1986: Care Consult becomes a EUROPÄISCHE subsidiary.

1988: Shareholders Bundesländer, Wiener Allianz, Wiener Städtische withdraw from Europäische Reiseversicherung.

1991: Gulf war pushes premiums up to more than 27%

1999: The Nineties bring triplication of premiums after gulf war

2000: EUROPÄISCHE takes on products Holiday in Austria, Welcome to Austria and CTI for incoming und business customers.

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2001-
2012

2001: EUROPÄISCHE goes online - www.europaeische.at

2002: Travel-Safety-Policy introduced Gulet Touropa Touristik as partner of Europäische Reiseversicherung

2003: EUROPÄISCHE welcomes its 1.500th hotel partner

2004: EUROPÄISCHE enables Travel Insurance buy with mobile devices.

2005: Annual Travel Cover offering cancellation, sickness/accident and baggage cover on demand is marketed

2006: EUROPÄISCHE opens branch in Slovakia. http://www.europska.sk

2007: Market launch of EUROPÄISCHE in Russia and Ukraine as majority shareholder.
Celebrations due to the centenary of Europäische Reiseversicherung in the Vienna City Hall.

2008: Mag. Wolfgang Lackner becomes CFO and member of board.

2009: EUROPÄISCHE takes on product Complete Cover Plus and additional services Storno-Check.
Premium income surmounts Euro 50 Millions for the fist time.

2010: EUROPÄISCHE travel insurance products can be purchased in Slovienia. Majority share of EUROPÄISCHE in Russia and Ukraine goes to ERV-Munich.

2011: Europäische Reiseversicherung with CI relaunch.

2012: Europäische Reiseversicherung extend their travelinsurance range for vacations in Austria.

2013: Slovenian Website Relaunch www.europaeische.si

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