Baloise joins fintech incubator and accelerator 'F10'

Basel, Baloise has become a corporate member of 'F10', a Swiss fintech incubator and accelerator. It has thus gained exclusive access to highly promising international fintech start-ups, new technologies and business models with disruptive potential.

"F10 is a source of inspiration for us," says Michael Müller, CEO Basler Versicherungen Switzerland. "Membership will help Baloise to evolve in line with its Simply Safe strategy. F10 is located in Zurich in the same building as Basler. Close collaboration – sometimes even in the same place – will help us, as an established company, to become more agile in how we think and act."

F10 is an incubator and accelerator that helps start-ups to grow from an idea into a successful company and acts as an intermediary between established financial services providers and fledgling fintech companies. Membership will give Baloise direct access to start-ups at an early stage in their development. Baloise can thus make an active contribution to the start-ups and, at the same time, benefit from the ideas, dynamism and spirit of invention that characterise these innovative companies.

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.