Versicherungsverband Schweizerischer Schifffahrtsunternehmen Genossenschaft (VVSSU)

The cooperative aims to promote and secure the economic interests of its members by obtaining a joint insurance as the policyholder under the best possible conditions against the following risks: a) Material damage to ships, in particular caused by fire, water, other natural events and accidents, as well as damage to machines and technical equipment of ships in connection with the operation of shipping companies; b) Statutory liability as owner and lessee of ships from the operation of shipping companies, including the use of ships, as well as as tour operators. The cooperative may at any time conclude insurance solutions against further risks of its members. The cooperative may carry out all commercial, financial and other activities that are connected with the purpose of the cooperative or are suitable to promote it. It may also participate in, acquire or establish other companies. The cooperative may acquire, encumber, hold and dispose of real estate. The cooperative's activity is not profit-oriented.