Exclusively for members of the Austrian Federal Guild of Mechatronics Engineers
Special framework agreement for business liability insurance for mechatronic engineers
The right business liability insurance is essential for protecting the company against existential risks, but start-ups and small and medium-sized mechatronics companies in particular find it difficult to obtain the best possible insurance solution on the market in terms of coverage and premiums.
On behalf of the Austrian Federal Guild of Mechatronics Engineers, we negotiated a framework agreement with the Vienna Insurance Group as part of an extensive tender process on the insurance market.
With the conclusion of this special framework agreement on public liability insurance, the Austrian Federal Guild of Mechatronics Engineers has achieved an important milestone in supporting its members.
On the basis of this special framework agreement, all members of the guild throughout Austria are now entitled to conclude the contract through their insurance broker and to claim the insurance benefits contained therein.
mechatronics-expert talk
Representatives of the Federal Guild will now speak with experts at irregular intervals about current topics relating to everyday business and the professional world, or about interesting topics in mechatronics. This will provide you with concise information, background details and first-hand analyses. We offer this special service for guild members in the form of a discussion panel lasting a maximum of approximately 20 minutes, which will give you a useful overview of the topic in question.
In the first talk you learn more about the new special framework agreement for public liability insurance!
Link to the video in Dropbox: https://www.dropbox.com/s/k57qbzmw6phmzfa/23-02-07-Mechatronik-v2.mov?dl=0
Objective & Highlights
The framework agreement applies to all occupational groups of mechatronics engineers, bicycle mechatronics engineers and craft businesses in the refrigeration & air conditioning technology sector. It ensures comprehensive insurability of the liability risk of guild members with a very wide-ranging coverage standard that would not be available to individual small businesses on the insurance market to this extent – and at a very favourable premium:
Generally speaking, various insurance sums are available (from EUR 1.5 million to EUR 5 million per claim); the premium is based on turnover and the choice of insurance sum, and can be calculated using a simple application system. The excess is a fixed amount of EUR 250.00 for each claim.
Therefore, the annual gross premium for a start-up or a company with a turnover of up to EUR 100,000.00 is only EUR 540.00 for a flat-rate sum insured of EUR 1.5 million!
Changes effective from February 1st 2023
- Increase in individual sublimates with unchanged premium
- Inclusion of the clause ‘Violations of the General Data Protection Regulation and the Data Protection Act’ with a sublimit of EUR 50,000.00
Conclusion of the insurance contract
You can download all the necessary documents from our homepage under the left-hand tab labelled ‘Collected application documents’. You can also obtain these via this website or directly from the Website of the Austrian Federal Economic Chamber .
The aim of the guild and the tendering broker is to make the framework agreement available to all insurance intermediaries.
contact persons
If you have any questions about concluding an individual contract in accordance with the framework agreement, or if you require information about the scope of cover, general contract details or claims, please contact the following persons:
Mrs. Vkff. Brigitte Felber MLS
Tel. +43 7472 62156 21
felber@wf-versicherungsmakler.at
Mr. Akad. Vkfm. Michael Dietl
Tel. +43 7472 62156 31
dietl@wf-versicherungsmakler.at
