Legal

Statement on Engagement and Shareholder participation as at 1st July 2023

Scope
With its headquarter in Ruggell, Elips Life Ltd. is authorised in Liechtenstein and adheres to the Persons and Companies Act (hereinafter: "PGR") of Liechtenstein.

Applicable Law
In Liechtenstein, the second Shareholder Rights Directive of the European Union (ARUG II, Directive (EU) 2017/828) has been transposed into domestic law via the PGR. Elips Life Ltd. (hereinafter: "Elips Life") is a company which conducts life insurance business in Liechtenstein and thus qualifies as an institutional investor pursuant to Art. 367a PGR. Pursuant to Art. 367h PGR, Elips Life is obliged to either publish its participation policy regarding participations in listed companies on its website or to publicly explain why it has decided not to do so (comply or explain). In the case of participation in listed companies, a distinction must be made between a) the management of shares in the company's own portfolio and b) those shares which Elips Life holds for the account and risk of the policyholder(s) within the scope of unit-linked and unit-linked life insurance or pension insurance solutions.

Information according to art. 367h PGR – participation policy
Elips Life does not directly invest in securities and does not provide or engage in regulated investment activities. Elips Life also did not hold any equity investments as at 31 December 2023.

Elips Life does not hold any shares in its own portfolio, either directly or indirectly, and does not plan to invest in this asset class in the near future.

For the aforementioned reasons, a participation policy within the meaning of Art. 367h para 1 PGR is not adopted and not exercised by Elips Life. Information in this regard in the sense of Art. 367h para 2 PGR is therefore omitted.

Information pursuant to Art. 367i PGR Investment strategy and agreements with asset managers
Elips Life relies on Swiss Life Asset Managers France which is a portfolio management company under the supervision of the French financial market supervisory authority (Autorité des Marchés Financiers) inter alia authorised to manage assets on behalf of third parties. As part of its main responsibilities, Swiss Life Asset Managers establishes the Swiss Life Group's investment strategy and long-term investment views;  manages and oversees the investment assets and related processes; provides investment and operational services to the Group, Business Divisions and legal entities, as well as support and advise on strategic projects, transactions and portfolio management.  The strategic mandate given to Swiss Life Asset Managers is comprised of the management of the investment assets generated through the activities of Elips Life and advising Elips Life where appropriate.

Swiss Life Asset Managers’ objective is to maximise risk-adjusted performance in line with targets set at Group and entity levels. Swiss Life Asset Managers also considers other objectives and constraints specific to each entity with respect to investments to define the optimal asset allocation under the defined Group investment strategy.

There is no incentivisation of the asset manager. Swiss Life Asset Managers provides support and advice regarding changes to the entity Strategic Asset Allocation (“SAA”). The guidance is given according to the characteristics of the entity’s underlying re/insurance liabilities to achieve defined financial and risk objectives which are based predominantly on a long-term market outlook.

The Swiss Life Asset Managers governance framework governs the investment decision process.

The arrangement with the Swiss Life Asset Managers is ongoing.

Cookie Policy

About this Cookie Policy
This policy explains what cookies are and how elipsLife uses them. For information on how elipsLife uses, stores and processes your personal data please see Privacy Policies on respective country sites. 

What is a cookie?
A cookie is a small file placed on your computer’s hard drive. Cookies help us analyse web traffic, visits to our website and enhance user experience by tailoring to your likes and dislikes which is done by gathering and remembering information about your preferences.
We only use this information for statistical analysis purposes and the data is anonymised or aggregated. 
Overall, cookies help us provide you with a better website, by enabling us to understand which pages you find useful and which you do not. We would only use cookies with your permission unless these are required to operate the website. 

Manage cookies
You can choose to accept or decline cookies and you can always update your preferences.

We use the following types of cookies:

Strictly Necessary Cookies (always active)
These cookies allow us to count visits and access sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. It is not possible to draw any direct conclusions about your personality. The collected data is only used for analysis and no other purposes. The data is not shared or connected with data from other websites. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

Use of Matomo Analytics 

We are continuously aiming to improve our internet presence and to understand and optimize the  functionality of our website. To achieve this aim, we need to know how our website is used. For this purpose we make use of Matomo Analytics (“Matomo”), an open source analytics platform, used to measure, collect, analyse and report visitors data. Matomo has its headquarters in Wellington, New Zealand and their Cloud service is hosted in Europe. 

Matomo analyses the behavior of the website visitors in order to identify potential pitfalls, such as not found pages, search engine indexing issues, most appreciated content etc. Based on the data collected, Matomo is generating the reports for us to take the appropriate actions, for instance changing the layout, publishing some fresh content, fixing the search engine indexing issues etc. In its analyses Matomo also uses cookies, which enable it to analyse your use of our website. All information these cookies collect is aggregated and therefore anonymous. The information concerning your use of our websites collected using cookies is not transmitted to any country outside of the EU and Switzerland, connected with data from other websites or used for any other purposes than to analyse the behavior of the visitors of our website. 

To safeguard your privacy, your IP address, which is like a postal address and makes it possible to contact you via the internet, is anonymised before it is saved, so that it can no longer be traced to a particular terminal.

You can prevent anytime data generated by the cookies with regard to your use of the website from being registered by disabling the Performance Cookies. 

Fraudebeleid

Bij elipsLife draait alles om vertrouwen. Wij gaan ervan uit dat onze klanten eerlijk zijn en correcte informatie verstrekken bij het aanvragen van een verzekering of het indienen van een schadeclaim. Helaas komt het soms voor dat dit vertrouwen wordt misbruikt. Daarom hebben wij duidelijke afspraken over hoe wij omgaan met fraude.

Wat verstaan wij onder fraude?

Fraude is het opzettelijk geven van onjuiste of onvolledige informatie met als doel financieel voordeel te behalen. Denk bijvoorbeeld aan:

- Het verzwijgen van belangrijke informatie bij het aanvragen van een verzekering

- Het indienen van een schade die niet heeft plaatsgevonden

- Het aanpassen van nota’s of bedragen

- Het overdrijven van schade of letsel

Waarom bestrijden wij fraude?

Fraude raakt ons allemaal. Het zorgt ervoor dat premies hoger worden dan nodig. Door fraude actief te bestrijden, houden we onze producten betaalbaar en zorgen we ervoor dat uitkeringen terechtkomen bij klanten die daar recht op hebben.

Hoe gaan wij om met fraude?

Wij nemen verschillende maatregelen om fraude te voorkomen en op te sporen:

- We controleren gegevens bij het aanvragen van een verzekering en bij schadeclaims. Controleren of iemand op een sanctielijst staat gebeurt daarnaast ook periodiek.

- We werken samen met partijen zoals Stichting CIS (zie www.stichtingcis.nl voor meer informatie), het Centrum Bestrijding Verzekeringscriminaliteit (CBV) van het Verbond van Verzekeraars.

- We kunnen gebruikmaken van nader onderzoek, zoals het controleren van openbare bronnen of in uitzonderlijke gevallen het inschakelen van een onderzoeksbureau.

Wat gebeurt er bij bewezen fraude?

Als blijkt dat er sprake is van fraude, kunnen wij maatregelen nemen, zoals:

- Het weigeren of terugvorderen van een uitkering

- Het beëindigen van alle verzekeringen die u met ons heeft afgesloten

- Het registreren van persoonsgegevens in een incidentenregister

- Het registreren van persoonsgegevens bij Stichting CIS

- Het verhalen van gemaakte (onderzoeks)kosten (bijv. via SODA; zie www.so-da.nl voor meer informatie)

- Het doen van aangifte bij de politie

- Wij brengen u schriftelijk op de hoogte van de te nemen maatregelen.

Hoe verwerken we uw persoonsgegevens?

Over het verwerken van uw persoonsgegevens leest u meer in ons privacystatement (Legal - elipsLife)

Wat kunt u doen bij twijfel?

We begrijpen dat het soms lastig is om te weten welke informatie u moet aanleveren. Twijfelt u ergens over? Neem dan gerust contact op met uw adviseur of met elipsLife. We helpen u graag verder en voorkomen zo misverstanden.