The purpose of the company is the development and global marketing of services, technologies and products of all kinds in the field of travel insurance and related areas, as well as the acquisition, holding, management, development, encumbrance, exploitation, sale, transfer, licensing and acquisition of licenses for intellectual property rights related to such services, technologies and products, as well as the protection, registration and defense of these rights. For this purpose, the company may also perform administrative functions and provide services of all kinds to its direct or indirect parent companies or affiliates, as well as their direct or indirect subsidiaries. The company may also conclude all transactions and enter into agreements that directly or indirectly serve the company's purpose or are directly related to it. The company may acquire, hold, manage and sell participations in companies of all kinds in Switzerland and abroad and merge with such companies. The company may grant loans or other financing to its direct or indirect parent companies or affiliates, as well as their direct or indirect subsidiaries, and provide security of all kinds for liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether against payment or not. The company may establish branches and subsidiaries in Switzerland and abroad and acquire, encumber, hold, manage, rent and sell real estate.