Generali Partners With Swiss Life Global Solutions
Generali has entered a long-term partnership with Swiss Life Global Solutions and agreed to acquire Swiss Life Network, combining it with Generali Employee Benefits to create what the companies describe as the world’s largest employee benefits network. The combined platform will manage more than €3 billion in premiums and expand capabilities across protection, pensions, multinational pooling, and reinsurance solutions for multinational clients.
The new network will operate under Generali Care and be led by Ludovic Bayard, with commercial leadership shared by executives from both organizations to support integration and client continuity.
“The new platform marks a major milestone in strengthening Generali’s employee benefits business. By combining our well-established network with Swiss Life Global Solutions’ expertise and excellent partner relationships, Generali becomes the go-to partner for multinational corporations, SMEs, and their employees worldwide. We are excited to welcome the team and to work with Swiss Life Global Solutions Partners. Together, we will deliver best in class protection and pension solutions, enhanced by advanced digital services that promote employee wellbeing and drive sustainable business performance.” – Ludovic Bayard, CEO of Generali Employee Benefits.
“This strategic step to strengthen and scale our employee benefits business, establishing the new global leader in this space, underscores Generali’s commitment to accelerating our B2B2C/E Care business growth with a clear focus on excellence in protection and health. It is fully in line with the ambitions of our “Lifetime Partner 27: Driving Excellence” plan and our commitment to delivering best-in-class Care solutions and innovation for multinational clients worldwide.” – Antoine Parisi, Group CEO of Generali Care.
“By contributing our expertise and excellent partner and client relationships to the well-established network and reinsurance and captive business capabilities of Generali, this creates a unique value proposition as a ‘Network of Choice’ for multinational clients.” – Theo Iaponas, CEO of Swiss Life International.
“By uniting the best captive and most flexible pooling solutions we will provide our network partners and clients with a true one-stop-shop experience, bringing together fresh perspectives and ideas through a diverse and inclusive global team a further strengthened network offering.” – Michael Hansen, CEO of Swiss Life Network.
The post Generali partners with Swiss Life Global Solutions appeared first on Coverager - Insurance news and insights.
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