Latest Update: Insurance Entitlement Director Majority Shareholders (DMS)

- This means that nothing changes for currently insured director majority shareholders. Directors who were registered at SZV as insured employees up until September 1, 2022, will maintain their insurance at SZV if they wish. There is no change for these persons, and this was already communicated by SZV to this group in 2022. 

- Since September 1, 2022, all new insurance applications by company directors must be complete with the required documents to assess entitlement to insurance. Complete applications are reviewed, and a decision is provided as to whether they qualify for insurance or not. This will also be maintained, as it was already in place since 2022. 

SZV takes this opportunity to remind all employers to ensure that their company information, contact details, and employee registry are up to date in the Employer Portal, and to comply with the information requests of SZV, as this greatly improves the communication exchange with SZV about their registration, decisions, entitlements, and compliance support.