Baloise and Anthemis to collaborate on fintech investments

Basel/London, The Baloise Group is entering into an investment partnership with Anthemis Group, an investment and advisory firm. Baloise intends to make CHF 50 million available for investing in European, UK and US-based start-ups that have the potential to drive forward Baloise's digital revolution.

At the 2016 Investor Day, Baloise announced that it was stepping up its investment in digital processes, services and products as part of its Simply Safe strategy and would be teaming up with Anthemis.

Anthemis Group, a leading advisor in the field of digital financial services, is an ideal investment partner for Baloise. Through Anthemis, Baloise will make targeted investments of up to CHF 50 million in strategically relevant start-ups.

Gert De Winter, Baloise Group CEO, says: "We could not have found a better partner than Anthemis, as can be seen from its expertise and success in evaluating fintech start-ups and advising on investments in such businesses. Baloise now has a unique opportunity to benefit from the Anthemis Group's knowledge of innovation in digital financial services and to utilise it in the implementation of the Simply Safe strategy."

Nadeem Shaikh, founder and CEO of Anthemis says: "It is now clearer than ever before that innovation can be driven forward more quickly in the form of cooperation between established companies and start-ups. That is why we are absolutely delighted to be working with Baloise in order to bring about fundamental changes in the insurance industry."

Contact details for Anthemis

Anthemis Group, 44 Great Marlborough Street, W1F 7JL, London, UK
Website: www.anthemis.com
Email: marketing@anthemis.com
Media relations: Tel +44 20 3653 0100

The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,300 or so employees of Baloise therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel 'simply safe'. Located at the heart of Europe, with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange.