InsurExpertsSociety Insurance Review
This comprehensive review examines InsurExpertsSociety (IES), a company that once held a notable position in the Swiss insurance market. We delve into its history, offerings, regulatory compliance, and ultimately assess its current viability as an insurance provider. Given the company's current status, understanding its past operations and regulatory history becomes crucial for evaluating its legacy and any potential future iterations.
Overview
Year of Establishment and Background Story
InsurExpertsSociety SA was established in 2002 in Fribourg, Switzerland. [2][3] Its founding purpose was to provide a range of insurance and financial services, including involvement in various financial, commercial, industrial, and real estate ventures both domestically and internationally. [1] This initial ambition reflects a broad scope aiming for a significant presence within the Swiss financial landscape.
Key Milestones in the Company’s History and Growth
InsurExpertsSociety's history included significant restructuring and changes in management. A notable event was its removal from the Swiss commercial register on July 21, 2017, resulting from a merger with another entity. [1][2] This event significantly impacts our assessment of the company's current operational status and necessitates a cautious evaluation of its past activities.
Regulatory Compliance and Licenses
Understanding the regulatory framework surrounding InsurExpertsSociety is vital. The following details help to paint a picture of its official standing before its dissolution:
- Legal Form: Company limited by shares (AG) [1][2]
- Commercial Register Number: CH-217.1.001.685-9 (IES - InsurExpertsSociety SA) and CH-217.1.001.461-5 (IES - InsurExpertsSociety Fribourg SA) [1][2]
- UID/VAT: CHE-109.662.550 (IES - InsurExpertsSociety SA) and CHE-109.457.062 (IES - InsurExpertsSociety Fribourg SA) [1][2]
Insurance Products and Services
Main Insurance Products
While InsurExpertsSociety advertised insurance and pension services, specific details regarding the types of insurance offered (life, health, auto, property, etc.) are scarce in publicly available information. [1][2] The lack of transparency in this area prevents a detailed analysis of their product offerings and coverage options.
Additional Services
Beyond core insurance products, InsurExpertsSociety likely provided financial advisory services and claims assistance. [1][2] However, the absence of precise details limits our ability to assess the scope and quality of these supplementary services.
Premiums and Pricing
Pricing Structure
Unfortunately, no data on InsurExpertsSociety's premium rates for various insurance types is readily accessible. [1][2] This absence makes it impossible to perform any meaningful comparison with industry averages or competitors.
Discounts and Special Offers
Information about potential discounts (multi-policy, safe driver, loyalty programs) or promotional deals is unavailable. [1][2] This lack of transparency makes assessing the value proposition of their policies difficult.
Customer Service and Support
Contact Methods
Publicly available information does not specify available customer service channels (phone, email, live chat). [1][2] This absence of contact information makes direct customer interaction impossible for assessing responsiveness and service quality.
Availability of 24/7 Support and Multilingual Assistance
There is no information available regarding 24/7 support or multilingual assistance. [1][2] This lack of detail further impacts the assessment of customer support quality.
Pros and Cons of InsurExpertsSociety Insurance
Pros
Based on limited information, InsurExpertsSociety's position as a leading player in the Swiss market, pre-dissolution, suggests it likely offered competitive premiums and comprehensive coverage options at one point. [3] However, this is based on historical standing and should be viewed with caution.
Cons
The significant drawback is the company's removal from the commercial register. [1][2] This indicates operational cessation and raises serious questions about its ability to fulfill insurance obligations or handle claims. This presents a substantial risk to any potential policyholders.
Conclusion
Summary of the Main Points Covered in the Review
InsurExpertsSociety SA was a notable presence in the Swiss insurance sector, offering insurance and pension services. However, its removal from the commercial register signals the end of its operations as a functional entity. [1][2] This makes it crucial to remember that any information regarding its current operations is unreliable.
Recommendations on Who Would Benefit Most from the Company’s Insurance Offerings
Given its defunct status, it's strongly discouraged to consider InsurExpertsSociety for current insurance needs. [1][2] Any reliance on this company for insurance coverage would be ill-advised unless it is re-established under a new legal framework and operational capacity.
Frequently Asked Questions about InsurExpertsSociety Insurance
Due to the company's dissolution, providing specific FAQs is impossible. Any inquiries about policies or claims processes would be irrelevant given its inactive status. Any future inquiries would need to be directed towards potential successor entities, if any exist.
- Q: Are InsurExpertsSociety policies still valid? A: No. Given their removal from the commercial register, existing policies are likely invalid.
- Q: How can I file a claim with InsurExpertsSociety? A: It is unlikely claims can be processed.
- Q: Is InsurExpertsSociety still operating? A: No, it is not currently operating.
References
[1] https://www.moneyhouse.ch/en/company/ies-insurexpertssociety-sa-11173179281
[2] https://www.moneyhouse.ch/en/company/ies-insurexpertssociety-fribourg-sa-11753555681
[3] https://aeroleads.com/list/top-insurtech-companies-in-fribourg
