19Insurance Business ReviewJULY 2024BAVARIA AGSetting the Standard in Specialty Insurance ServicesBAVARIA AG was founded in in 1973 by Dieter Krautgartner to exhibit its services with reliability and personalized care in the European insurance brokerage space. Since then, the company has been committed to fostering strong client relationships through a personal touch that transcends industry norms.Following Krautgartner's legacy, BAVARIA AG remains a frontrunner in traditional speciality insurance brokerage, setting new standards while being dedicated to fulfilling its client's needs."Central to our success are the core principles of reliability, personalization, and directness," says Sandra Ahrabian, chairwoman of BAVARIA AG's supervisory board. "These principles are not merely buzzwords but ingrained in the company's ethos, guiding every interaction and decision."BAVARIA AG's steady binary growth over the years serves as a testament to the effectiveness of this approach, setting it apart from competitors in the market. The company's expert employees are at the forefront of handling damages, insurance, and claim settlements. Clients can rely on the company to provide round-the-clock support and remain the direct point of contact for any questions or concerns. With a focus on procedures and the progress of claim cases, BAVARIA AG works closely with insurance companies to ensure swift and satisfactory resolutions for its clients.One of the distinctive offerings of BAVARIA AG is its aircraft insurance classification system, tailored specifically for single-engine aircraft. This proprietary system utilizes a comprehensive database to assess each aircraft and pilot, considering factors such as pilot workload and technical specifications to determine insurance premiums. By customizing premiums based on individual risk profiles, BAVARIA AG ensures fair and competitive pricing for its clients.Partnering with BAVARIA AG comes with a host of advantages for clients. Beyond access to specialized insurance products, clients benefit from unparalleled service characterized by live phone support and dedicated personal contacts. The company's in-house administration of all contracts further streamlines processes, allowing for prompt and direct responses to client inquiries.Testimonials from satisfied clients underscore the positive impact of BAVARIA AG's services. Countless "Thank you notes" attest to the exceptional support provided during damage cases and the swift responsiveness to client queries. The feedback serves as a testament to the company's commitment to exceeding client expectations at every turn.In the niche market of yacht and aircraft insurance, BAVARIA AG stands out as a trusted partner renowned for its specialized expertise and unmatched service. With a presence in key yachting hubs across Europe, including offices in the Baleares, South of France, and Germany, the company is strategically positioned to serve its discerning clientele. From personalized care to innovative solutions, BAVARIA AG continues to set the standard for excellence in speciality insurance brokerage, earning the trust and loyalty of clients year after year. SPECIALTY INSURANCECOMPANIES IN EUROPE - 2024TOP 10Central to our success are the core principles of reliability, personalization, and directness. These principles are not merely buzzwords but ingrained in the company's ethos, guiding every interaction and decisionSandra Ahrabian,Chairwoman of the Supervisory Board
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