Vienna Insurance Group enhances collaboration with CO³ department

This initiative aims to strengthen ties among VIG's 50+ companies, fostering cross-border expertise exchange and intensifying collaboration among companies in the same country.

11/12/2023 News

Vienna Insurance Group (VIG) is elevating collaboration and knowledge sharing with its newly established "CO³" department—communication, collaboration, and cooperation. This initiative aims to strengthen ties among VIG's 50+ companies, fostering cross-border expertise exchange and intensifying collaboration among companies in the same country.

As the leading insurance group in Central and Eastern Europe, VIG, with over 29,000 employees across 30 countries, emphasizes growth, sustainability, customer proximity, and local entrepreneurship. The CO³ department, led by experienced business economist Karin Kafesie, will bring structure to knowledge transfer and introduce innovative networking approaches.

VIG CEO Hartwig Löger emphasizes the three pillars of CO³—Collaboration, Cooperation, and Communication—symbolizing the mobilized forces within the group. Kafesie, with over 20 years of insurance sector experience, will play a crucial role in driving this initiative.

Previously responsible for strategic marketing and innovation management at Wiener Städtische Versicherung, Kafesie successfully led the corporate startup "viesure." Löger expresses enthusiasm for Kafesie's role, stating, "Communication is the be-all and end-all for any collaboration. With her expertise, she will make best practices visible and establish new ways of collaborating."

With CO³, VIG not only strengthens internal cohesion but positions itself as a dynamic force in the insurance industry, fostering sustained growth and innovation. This initiative sets the stage for a more collaborative future for Vienna Insurance Group.

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