Insurance
The local Rabobanks offer specific insurance solutions for private individuals,
business owners in their private capacity, farmers, SMEs and large enter
prises. Proper advice on risk and appropriate insurance solutions can help
businesses continue as going concerns and make life easier for retail clients.
Interpolis is our preferred supplier. The local Rabobanks' productive alliance
with Interpolis contributed to the increase in the number of Alles in één
Polis insurance policies and ZorgActief health insurance policies that were
sold. The Interpolis ZekerVanJeZaak insurance policy, which is specifically
designed for small businesses, proved to be a success. Insurance commis
sion earned by the local Rabobanks amounted to EUR 353 million in 2009
compared to EUR 354 million in 2008. Sales of non-life insurance policies
rose, while commissions from life insurance policies fell by EUR 9 million.
Insurance strategy
www.rabobank.nl,www.interpolis.nl,www.eureko.com
Higher commission income from non-life insurance
Number of Alles in één Polis insurance policies up 2% to 1,317,000
Number of ZorgActief health insurance policies up 4% to 155,000
Number of Bedrijven Compact Polis insurance policies down 2% to 191,000
Number of ZekerVanJeZaak insurance policies up 13,000 to 15,000
Insurance commission earned by local Rabobanks stable at EUR 353 million
Breakdown of insurance
commission in 2009
Life 9%
Non-life 91%
Rabobank Group strategy
Contribution to group strategy
All-finance market leader in the Netherlands
- Strengthening our leading position in the market by means of an integrated approach
and by offering non-life insurance, health insurance and life insurance policies from
Interpolis through local Rabobanks
International food and agri bank
- Maintaining our leading position in the insurance market for the Dutch food and agri
sector through Interpolis, the market leader
Providing integrated insurance solutions in the Netherlands is an important element in
Rabobank Group's all-finance strategy.That ambition is underpinned by its 39% interest in the
Eureko insurance company. In the Netherlands, Eureko has leading positions in all insurance
market segments. The strategy for the virtually saturated Dutch market is to achieve growth by
offering new and innovative, demand-driven products and services. Eureko operates several
distribution channels and labels, with Interpolis as Rabobank's preferred supplier. Rabobank
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Insurance