Why Foyer Global Health

Foyer is the leading insurer in the Grand Duchy of Luxembourg, one of the largest international finance centres right in the heart of Europe.

Foyer Group at a glance

Specialised for many years in national and international insurance solutions for corporate and individual clients. Our customer base today includes more than 100 different nationalities.

 

 

Key information

Founded in 1922
The leading privately owned Luxemburgish financial group
Own funds stood at €761.8 million as of 31/12/2013
Highest quality standards
Decades of experience in the very international Luxembourg environment and a primarily international orientation
The reliability of a solid partner
Multilingual and multicultural staff

Our History

Foyer was founded on 28 October 1922 by Léon Laval, Max Lambert, Joseph Bach and Max Menager and has established itself as Luxembourg’s leading insurance provider.

Foyer has branched out since the opening up of the European insurance markets, extending its business activities beyond Luxembourg’s borders.

In addition to insurance, the Group has a wealth of experience in the financial sector, particularly in stock market brokerage, portfolio management for institutional clients and wealth management advice for its high net worth European clients.

 

Following the overall commitment of Foyer Group we aim at longterm sustainability combining our shareholder’s interest with the demands of our international customer base.

Building on our financial stability we have a strong commitment to invest in innovative digital customer service. Already today we offer a full fledged service portal for our globally mobile customers and will continously improve our international service propositions based on the feedback of our customers.

For Foyer Group and myself customer-orientation is and will continue to be the main driver of our business!

Marc Lauer
CEO Group Foyer

Our corporate values

A corporate culture that has arisen over many decades in which the values of trust, excellence, integrity, innovation and independence are at the heart of our business, has been essential to the continuous and successful further development of the group.

Trust means for us that many national and international companies as well as individual customers and business partners have for a long time been putting their trust in the performance of Foyer Group. The trust of our customers in the decision-makers at Foyer Group and their entrepreneurial vision and customer-orientation has been a fundamental value and a key factor in the development of Foyer Group as market leader in the Grand Duchy of Luxembourg for many decades.

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Excellence means for us an excellent product range and excellent customer service. Foyer Group employees are aware of the wishes and needs of customers from different cultures and nationalities that they have met for many decades in the Luxembourg international financial centre or who they have seen leave to travel abroad. Multilingualism and operating in a very demanding international market is a matter of course for all employees of the Group.

Integrity means for Foyer Group, ongoing review and striving to ensure that the way we act with our customers and staff is always in synch with our corporate values. The three founding families of Foyer Group, the directors and officers as well as all staff members in their day to day dealings with our customers and with each other act in the same spirit, and so make a significant contribution to the fundamentals of Foyer Group.

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Innovation means for Foyer Group, ongoing further development of products and customer-oriented services, as well as the targeted development of new business areas. For some years now the further development of international health insurance has been one of the major projects for the Group.

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Independence has been for Foyer Group a fundamental factor in its successful growth for almost 100 years. Founded in 1922 by three families, Foyer S.A. has retained its independence and today through far-sighted business decisions has come to be the market leader in the Grand Duchy of Luxembourg. This independence and the entrepreneurial spirit of Foyer Group decision-makers is a guarantee that the needs of its customers are put at the centre when designing customer services and products.

Mission of the Group

"To become a leading player in the financial sector."

Since its foundation, the Foyer Group has become Luxembourg's primary insurance provider thanks to its unerring ability to listen and respond to its customers' needs. Today, the European Union poses many new challenges while at the same time opening up a host of new opportunities.

The Group's mission is to strengthen its leading position on the domestic market while expanding its financial sector services and developing its niche business beyond Luxembourg's borders. To succeed in this mission, the group makes use of Luxembourg's many advantages within this European framework.»

François TESCH
Chairman of the Board of Directors