Verlingue, the Quimper, France-based insurance coverage dealer and subsidiary of the Adelaïde Group, introduced it has acquired ProConseils Options, a significant participant within the insurance coverage brokerage market in French-speaking Switzerland.
Monetary particulars of the deal weren’t disclosed.
Verlingue stated this strategic operation will allow it to strengthen its place within the Swiss market by broadening its vary of companies and experience within the discipline of insurance coverage protection for companies, native authorities and medico-social institutions.
Based in 2003 and headquartered in Morges, Switzerland, ProConseils Options has a workers of just about 25 workers with three workplaces within the Canton of Vaud. ProConseils Options works with greater than 1,500 firms, practically 150 native authorities and 30 medico-social institutions.
This acquisition is aligned with Verlingue technique to bolster its presence in Europe and broaden the territorial protection of its enterprise. With this acquisition, Verlingue will assist the Adelaïde Group obtain its goal of turning into the main family-owned insurance coverage dealer in Europe by 2028.
“The acquisition of ProConseils Options marks an essential step in our development technique in Switzerland and Europe,” commented Benjamin Verlingue, chairman and CEO of the Adelaïde Group. “Becoming a member of forces will allow us to offer all our clients – whether or not in Switzerland or within the different nations during which we function – an excellent broader vary of experience and options which can be more and more tailor-made to their wants.”
“Changing into a part of Verlingue and the Adelaïde Group, is an actual alternative for our clients and our workers. We will present even higher companies and draw on the group’s technical experience and worldwide dimension,” based on Alain Bornand and Joseph Gelsomino, co-founders of ProConseils Options, in a joint assertion.
“It can additionally allow us to proceed to develop ProConseils Options in French-speaking Switzerland, each by our current groups and thru potential acquisitions. ProConseils Options is getting into a brand new section in its evolution and we’re trying ahead to sharing this with our clients, companions and workers,” they stated.
About Verlingue
Specializing in enterprise safety, Verlingue has workplaces in France, Portugal, Switzerland, the UK and Italy. The corporate employs 1,500 folks, 550 of whom are primarily based outdoors France.
Supply: Verlingue
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