Gossmann&CEI Welcome


The new ExPRO concept allows for the first time to transfer expiring policies on an ongoing basis to a third-party insurer at a pre-agreed price.

As such, it allows insurance companies to release capital and operational resources almost incidentally once a client’s policy expires. The carrier of GOSSMANN & CIE. will take on the expiring policies and the operational handling.

A further special aspect of ExPRO is, that it considers existing provisions as well as policies that expire in the future. The transferring insurance company can entirely focus on ongoing and new clients. Once a customer leaves, all ressources, capital and operational, are freed up immediately.

Hence, insurance companies may improve their portfolios long before a relevant run-off book is accumulated. The frequent transfer of expiring polices is simpler, faster and more cost efficient than for example a sale of a legacy book.