Swiss member La Mobilière shares CHF 160 million with members

Wednesday, 10 April 2019

Whether they have made a claim on their policy or not, members of Swiss ICMIF member La Mobilière will this year receive CHF 160 million (USD 160 million) from the cooperative insurer.

In their announcement this week, La Mo­bi­lière says that theirs is not an insurance company like many others. Thanks to the cooperative nature of the organisation, customers benefit from a share in the financial success of the organisation. Just to thank them for their loyalty. This year, the beneficiaries are the household insurance member policyholders. In concrete terms, a 20% reduction in price will be applied to their policy. Next year, this discount will be offered to another group of customers of La Mo­bi­lière.

Whatever happens, La Mo­bi­lière says, our customers participate in our success.

La Mo­bi­lière has also announced its financial results for 2018 this week and with a consolidated profit of CHF 443.5 million, La Mo­bi­lière again achieved an excellent result. The Group has continued to grow, further strengthening its position in the market.

In 2018, La Mo­bi­lière says it continued to successfully implement its growth strategy, further consolidating its position in the market. This continued success is based on its good market position and the quality of its distribution channels, which are supported by a network of 79 general agencies which are present in more than 160 sites throughout the country, where they guarantee each member a close and personal level of customer contact and service.

The full La Mo­bi­lière Annual Report for 2018 can be found here.

Photo shows: CEO Markus Hongler