Insurance package for your stay in Munich
Start your upcoming stay with a good feeling and take out adequate insurance cover for your entire training period in Germany and the United Kingdom. We recommend that you take out a package comprising third-party liability, personal accident, health, and travel insurance, the costs of which we ask you to bear yourself.
Should you fall ill during your stay in Munich, our Company Medical Officer will provide any required basic medical care during working days. However, all medical care not provided by Munich Re’s Company Medical Officer, and all medical products, have to be paid for by yourself and will not be refunded by Munich Re.
During your stay in Munich
Munich Re and your employer are investing a lot in your participation in the Advance Programme. To ensure that we all get the most out of it, we request your attendance during all sessions throughout the week.
Participation in the Advance Programme requires an excellent command of English. In most cases, this is the only language the candidates have in common.
We recommend business casual attire for most parts of the programme, however it might be a good idea to bring along a more formal outfit for meetings in London and meetings with our board members. For the social programme, we recommend casual attire unless stated otherwise.
Costs and expenses
Costs covered by Munich Re
Munich Re will pay for public transport for official events outside of our office buildings.
WiFi is free of charge in the guest house and in Munich Re office buildings.
Your stay at the Munich Re Guest House will be free of charge.
Munich Re covers your breakfast and lunch costs during the week.
The costs for official dinners will be covered by Munich Re.
Selection of beverages
Munich Re provides the following beverages at the Munich Re Guest House free of charge: water, juice, coke, beer, coffee and tea.
Costs not covered by Munich Re
- Our guest house is open from Wednesday, 10. May. The program starts with a welcome dinner on Wednesday evening, 10 May.
- Munich Re will book your flight and hotel accommodation for our field trip to London and Ashridge, however, we will ask your company to cover the cost upon receipt of the official invoice.
- Munich Re does not cover meals on weekends and evenings unless you are invited for official dinners.
You may use the communal kitchen at the Munich Re Guest House for cooking.
For general information on meals, please see “Accommodation – Munich Re Guest House”.
Please check with your employer whether you are entitled to reimbursement for additional expenses incurred during your stay in Munich.
Should you have any additional questions regarding your travel arrangements, please feel free to contact Advance.
Visa formalities/Entry requirements
A visa might be required either for Germany or the United Kingdom, or for both countries. This naturally depends on the country you come from. If you do need a visa for either country, please inquire at the respective embassy in your country at your earliest convenience.
Should you need a visa to enter the Federal Republic of Germany, please make sure you get one marked with the code “multiple entry”. (A “Schengen” visa is not sufficient.) This code will allow you to travel without any problems within Europe, except to the United Kingdom and countries that are not part of the Schengen Agreement.
You will also require a business visitor visa for our business trip to the United Kingdom, which you will also have to apply for in your home country. General information about the visa process can be obtained at UK Border Agency. If you are unsure whether you require a UK visa, please go to the section entitled “Do you need a visa?”.
We would kindly ask you to bring your own devices (laptop, tablet, etc.). Please note that we will provide all documents in an electronic format; no printouts will be handed out due to environmental reasons.
Below we have compiled a few links with useful information, including visa regulations, route planning and cultural events as well as information on Munich and Bavaria (in german).
History of the Advance Programme
After two years of pandemic exceptions - cancellation in 2020 and a virtual event in 2021 - Advance 2022 took finally place again in Munich and London.
Advance virtuaLAB - a spin-off of the well-known Advance programme — 2021
Advance 2020 had to be cancelled due to Covid-19. In 2021, the programme took place in a 3 weeks online format, the Advance virtuaLAB.
Advance – Munich Re’s Top Talent Programme – from 2018
The Advance Programme, launched in 2018, offers a streamlined and further improved concept. For a period of 6 weeks, a selected group of insurance managers are invited to grow their business skills, enhance their leadership abilities, and connect to each other and various experts from Munich Re. Open to just 12 participants each year, the exclusive business-school-oriented curriculum focuses on the latest insurance industry trends in the digital age. Another core part of the Advance Programme is the intensive project work related to challenges coming from our circle of clients.
The Munich Re Scholarship Programme – 2013 to 2017
The Munich Re Scholarship Programme was launched in 2013. It comprised the best of the two former programmes and was held in Munich. The duration of this programme was three months and the participants consisted of potential future executives from selected client companies as well as internal staff from Munich Re.
The Horst K. Jannott Scholarship Programme – 1980 to 2012
Back in 1980, during Munich Re’s 100th anniversary celebrations, CEO Dr. Horst K. Jannott announced the launch of a special programme: the “Munich Re – Georgia State University Visiting Fellows Program”. He initiated this programme together with Professor Kenneth Black Jr., Chair of the Risk Management and Insurance Department at Georgia State University.
Dr. Jannott’s aim was to prepare prospective young managers for the particular challenges of the international insurance industry. Right from the start, only staff from primary insurance companies and from Munich Re itself were selected for the scholarship. Since then, a good 250 insurance managers from all over the world have participated in the programme.
In 1993, this scholarship programme was renamed the “Horst K. Jannott Scholarship” to commemorate Jannott’s work.
The Alois Alzheimer Scholarship Programme – 1953 to 2011
“Our field of activity is and always will be the world.”
More than anyone else, Dr. Alois Alzheimer, CEO of Munich Re, realised early on that in business it is crucial to maintain and consolidate interpersonal relationships. In 1953, this philosophy, coupled with the willingness to provide expert support, gave rise to the company’s Munich-based training and development programme for insurance experts from around the globe.
Due to his initiatives, scholarships were granted for the training of insurance specialists throughout the world. This contributed significantly to the consolidation of insurance ideas and the development of skilled insurance personnel in Germany and internationally.
His many writings in the field of reinsurance were the most significant of his generation and reflected his wide knowledge and experience in insurance. He received high honours from his native city, Munich, and from the State of Bavaria and the Federal Republic of Germany.