Simpego is moving forward with renewed strength thanks to its new majority shareholder

Visana Allgemeine Versicherungen AG is acquiring Simpego Versicherungen AG from its majority owner, Pax Holding (Cooperative), and the Bayerische Insurance Group, which serves as the anchor shareholder.

With the acquisition of simpego, the Visana Group is strategically expanding its offerings in the property and casualty insurance business. Simpego complements Visana’s existing portfolio with established digital insurance solutions, thereby strengthening the Visana Group’s expertise in the non-life insurance business.

For simpego’s customers and partners, the tried-and-true remains in place: Existing insurance policies and offerings will continue unchanged. They will continue to benefit from the service they’ve come to expect and the existing benefits.

In addition, the acquisition ensures continuity, with approximately 75 jobs being retained. With their expertise and proven skills, the employees will continue to play a key role in the successful further development of Simpego within the Visana Group.

The acquisition is subject to final approval by FINMA.