The Origin of the Modern Insurance Industry in Slovakia and the Contribution of Dr Ján Alojz Wagner to its Development

Abstract

Objective : The aim of the article is to capture the key elements determining the development of modern insurance in today’s Slovakia and to evaluate the role of Dr Ján Alojz Wagner in the establishment of insurance companies with Slovak capital on the territory of today’s Slovakia, which principally means in the newly-formed Czechoslovakia. Research Design & Methods : In-depth analysis of historical sources from several sources, such as libraries, archives and depositories. We used documentary, biographical and archival methods, which are useful in terms of historical research. Findings : A summary and analysis of Dr Wagner’s contribution to the establishment and subsequent development of the insurance industry in the region of Slovakia. Implications / Recommendations : We consider Dr Wagner to be a figure who contributed to the formation of this market, and we believe that an understanding of his work can help us to better understand how the Slovak insurance industry currently operates. Contribution : This article is a summary and analysis of Dr Wagner’s contribution to the establishment and subsequent development of the insurance industry in the region of Slovakia. Dr Wagner’s ideas were a knowledge base for the development of insurance in Slovakia, and his practical work laid the foundations of the Slovak insurance market.