earthquake insurance closes a serious coverage gap….
The earthquake insurance product was developed and realised by Hanspeter Heiz in 2000. In a first step, the loss risk was borne by LIoyd’s of London.
From 2010, Helvetia Insurance underwrote the earthquake risk.
As of 2014, the earthquake risk was integrated by the Basellandschaftliche Kantonalbank into its mortgage product. Today, practically every residential property financed by the BLKB is automatically insured against the earthquake risk up to the insured sum for the value of the building insurance.
Additional insurances such as loss of rental value or deductible reduction can be insured separately with erdbe.ch versicherungen ag.
erdbe.ch versicherungen ag was founded on 1 May 2021 so that the services of HIS Solutions AG, which ceased operations in spring 2021, can be continued.
erdbe.ch versicherungen ag is a tied agent for Helvetia Schweizerische Versicherungs-gesellschaft AG. This means that erdbe.ch exclusively sells earthquake insurance in Switzerland and the Principality of Liechtenstein for Helvetia Schweizerische Versicherungsgesellschaft AG. In addition to providing advice and acting as an intermediary, erdbe.ch also sells earthquake insurance and is responsible for collecting premiums on behalf of Helvetia.
Helvetia Schweizerische Versicherungs-gesellschaft AG is the risk bearer and premium recipient. After an earthquake or volcanic eruption, Helvetia takes over the claims settlement.