Glossar
Insurance commitment in principle (ICP)
A SERV insurance commitment in principle (ICP) means that the insurance policy will be written as requested unless there are material changes in the circumstances or legal position (art. 7 SERV-V). Applicants
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Glossar
Letter of credit confirmation insurance
Under letter of credit confirmation insurance, SERV insures letters of credit which serve to pay export receivables of Swiss exporters. The bank confirming the letter of credit is thus protected against
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Board of Directors Barbara Hayoz, business economist, Chairwoman of the Board of Directors of SERV, served from 2005 to 2012 as full-time member of the city council (Finance Director) and deputy mayor [...] Board of Directors SERV’s Board of Directors is elected by the Federal Council for a term of four years. The members of the Board of Directors form a committee for insurance business (Insurance Committee [...] medium-sized companies. Christoph Meier-Meier, business economist, Vice Chair of the Board of Directors of SERV, is CEO and partner at NEWTAG Communication AG. Prior to this, he worked in various positions at Bühler
https://www.serv-ch.com/en/about-us/board-of-directors/
Discover our vacancies and become part of SERV. We look forward to meeting you. Our values & culture What makes us Learn more about the values and culture that define SERV. Together we transcend borders. [...] The SERV experience Wellbeing Among other things, you can expect: 40-hour week At least 25 days of holidays per year Option to work from home Discounted public transport passes REKA credit with 50% co
https://www.serv-ch.com/en/career/benefits-wellbeing/
SERV defines transfer risk as government or central bank currency measures that prevent the buyer from making a payment. The buyer in such cases may have deposited equivalent funds in local currency, but [...] but the central bank will not release the currency required. Along with transfer risk, SERV also covers the risk that an official or legal prohibition on payments may prevent a foreign buyer from making
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Financing thanks to working capital insurance
Alongside taking on the default risk, SERV’s valuable expertise helped us cover the export risks, which we are delighted about.” ❞ Didier Lavanchy, Co-founder Problem solved! SERV was able to solve this problem: [...] came to financing production, the company was left facing major challenges. An insurance policy from SERV gave them a helping hand. 31.03.2021 Geneva’s suburb of Plan-les-Ouates, renowned for its watchmaking [...] that it needs to stop production through no fault of its own. “Alongside taking on the default risk, SERV’s valuable expertise helped us cover the export risks, which we are delighted about,” adds Didier Lavanchy
https://www.serv-ch.com/en/services/success-stories/financing-thanks-to-working-capital-insurance/
Impressum Website content produced by SERV Swiss Export Risk Insurance Genferstrasse 6 8002 Zurich Phone +41 58 551 5555 Fax +41 58 551 5500 info @ serv-ch.com Illustrations Oculus Illustration GmbH Sibylle
https://www.serv-ch.com/en/publishing-details/
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Interview_AZ_Peter_Gisler_16.6.2023.pdf
schwieri- ger, ohne Serv-Versicherung auszukommen. Hat für Sie der Aargau als Industriekanton einen hohen Stellenwert? Absolut, der Kanton gehört zu den fünf wichtigsten für die Serv, nebst Bern, Zürich [...] Der Aargauer Export-Versicherer Peter Gisler leitet die Schweizerische Exportrisikoversicherung (Serv). Die staatliche Anstalt sorgt dafür, dass Unternehmen auch in Risikoländer exportieren können. Gisler [...] nk (AKB), aber auch bei der ABB. Nun ist er CEO der Schwei- zerischen Exportrisikoversiche- rung (Serv). Das ist die öffent- lich-rechtliche Anstalt des Bun- des, die Exportgeschäfte im Ausland ermöglichen
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Occurrence of an insured event: What to do when a claim arises?
difficult for you. To ensure it doesn’t get to that point, losses should be avoided or minimised. SERV can advise you on which measures you can take to avert loss, so that you don’t find yourself in a [...] the debtor, any risk aggravating factors, or if an insured event occurs. After you have notified SERV’s employees, they will advise you on what to do next and agree the necessary measures with you. What [...] against the debtor Preventing losses in three steps What should you do if an insured event occurs? SERV defines a loss as the occurrence of an insured risk and the expiry of the waiting period . The waiting
https://www.serv-ch.com/en/services/imminent-loss-and-occurrence-of-an-insured-event/
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Buyer credit insurance
In this context, SERV defines a del credere risk as the insolvency of the foreign borrower or the non-repayment of the loan after one month of its due date. Maximum cover ratio: 95% SERV offers additional
https://www.serv-ch.com/en/services/for-financial-institutions/buyer-credit-insurance/