Company Market Research Report: DR-WALTER GmbH
Company Overview
Name, Mission of the Company
- Name: DR-WALTER GmbH
- Mission: DR-WALTER is an expert in the insurance of private and business travel and stays abroad, ensuring that clients can explore the world worry-free with optimal insurance coverage, digital processes, and personal contacts.
Founding Details
- Founded by: Dr. Siegfried Walter
- Year of Founding: 1959
Key People
- CEO: Dipl.-Kfm. Reinhard Bellinghausen
- COO: Timo Dreger
- CHRO: Laura Suhr
Headquarters
- Location: Eisenerzstraße 34, 53819 Neunkirchen-Seelscheid, Germany
Number of Employees
- Employees: Approximately 90 employees as of recent data.
Revenue
- Revenue Information: No information is available.
Company Recognition
- Known for: DR-WALTER is recognized for its comprehensive travel insurance for individuals and businesses, with a strong emphasis on foreign guests in Germany and global mobility insurance solutions.
Products
Insurance Product Lines
DR-WALTER offers a wide range of travel and health insurance products specifically designed for diverse market needs:
1. AU-PAIR24: Comprehensive coverage for host families in Germany to insure Au-pairs worldwide.
2. EDUCARE24: Private health insurance for foreign language students, college preparatory courses, and trainees.
3. PROTRIP: Insurance for various types of stays abroad from one month to five years for individuals from Germany and Austria.
4. Provisit Student: Private health insurance for foreign students and graduates over 30.
5. Provisit Visum: Affordable insurance for stays in Germany and Europe up to six months.
6. PROTRIP-WORLD: A world-travel insurance package for Au-pairs, students, work-and-travel participants, and tourists from around the globe.
Product Description and Features
- AU-PAIR24: Tailored for Au-pairs and host families, this product provides comprehensive protection, including health, accident, and liability coverage.
- EDUCARE24: Offers various plans covering different levels of care, addressing the needs of international students in Germany.
- PROTRIP and PROTRIP-WORLD: These products provide extensive travel health insurance, including emergency care, liability, and accident insurance for extended international stays.
- Provisit Student and Science: Specifically designed for scholarly pursuits, offering full private health insurance coverage to students and visiting researchers in Germany.
Recent Developments
Strategic Partnerships and Business Expansions
- Partnerships: NOMADS.insure has joined the DR-WALTER family to cater to digital nomads requiring comprehensive international health insurance.
- New Office Opening: A new office has been opened in Cologne to expand their local presence and service offerings.
Technological Innovations
- Digital Claims Process: DR-WALTER, in collaboration with the startup Flixcheck, has established a fully digital claim process to enhance efficiency and customer experience.
Business and Operational Milestones
- Personnel Expansion: Laura Suhr appointed as the Chief Human Resources Officer (CHRO) to support strategic HR growth.
- Sustainability Initiatives: Investments in climate protection projects in Africa, South America and Asia, aiming to offset carbon emissions and promote ecological responsibility.
Product and Feature Developments
- Launch of DR-WALTER Academy: This new initiative focuses on professional development and training for staff and eventually aims to offer external courses in insurance advisory.
This report provides a comprehensive snapshot of DR-WALTER GmbH, capturing key aspects of their operational, product, and strategic framework that drive their market position as a leader in international travel and health insurance solutions.
