Verlingue Strengthens Its European Position Through ProConseils Solutions Acquisition
In a significant strategic move, Verlingue, a prominent insurance broker operating under the Adelaïde Group, has announced its acquisition of ProConseils Solutions. This acquisition not only enhances Verlingue's service offerings but also solidifies its foothold in the Swiss insurance market, particularly in the French-speaking region. Founded in 2003, ProConseils Solutions has established itself as a key player in the insurance brokerage market of French-speaking Switzerland, known for its customized client approach and unwavering commitment to quality service.
ProConseils Solutions serves a diverse clientele, which includes over 1,500 companies, nearly 150 local authorities, and 30 socio-medical establishments, providing them with optimized insurance coverage solutions. With a dedicated team of approximately 25 professionals spread across three offices in the Canton of Vaud, ProConseils Solutions has built a reputation for its expertise and customer-centric service.
The acquisition is a strategic component of Verlingue's ongoing efforts to expand its presence in Europe as outlined in its 'Better Future 28' plan. This initiative aims to enhance the company’s reach by connecting local businesses that share a common vision. Benjamin Verlingue, the Chairman and CEO of the Adelaïde Group, expressed his enthusiasm about this acquisition, stating, "This marks a pivotal step in our growth strategy across Switzerland and Europe. Our shared values with ProConseils Solutions, especially in maintaining close customer relations and delivering exceptional service, will allow us to offer broader expertise and tailored solutions to clients in Switzerland and beyond."
Co-founders of ProConseils Solutions, Alain Bornand and Joseph Gelsomino, echoed this sentiment, noting that integration with Verlingue represents a remarkable opportunity for both their staff and clients. They emphasized that leveraging the resources and technical expertise of the Adelaïde Group will enable them to enhance their service offerings further. "This acquisition allows us to continue developing ProConseils Solutions in French-speaking Switzerland, with the possibility of future acquisitions as we grow," they stated, illuminating the new chapter for their organization.
As Verlingue moves forward with this acquisition, it aligns with the Adelaïde Group's overarching objective to emerge as the premier family-owned insurance broker in Europe by the year 2028. The acquisition not only expands Verlingue’s operational capacity but also enhances its reputation as a reliable insurance partner dedicated to mitigating business risks and bolstering employee protection across multiple regions.
Verlingue, already recognized for its specialization in corporate risk management, aims to utilize this acquisition to deliver even greater value to its clients. With a presence in several European countries including France, Portugal, Switzerland, the United Kingdom, and Italy, Verlingue stands ready to provide innovative insurance solutions, guided by a long-term commitment to its clients.
For ProConseils Solutions, the future seems promising as they transition into this new phase. Their close ties with the local community and commitment to respect, competence, high standards, and teamwork will continue to be the hallmark of their operations as they integrate with the larger Adelaïde Group family. As both companies embark on this journey together, they remain committed to delivering exceptional service and innovative insurance solutions for their diverse clientele.
The combined strengths of Verlingue and ProConseils Solutions signal a promising trajectory in the European insurance market, noted for its increasingly competitive landscape. This strategic alliance is set to enhance service delivery and foster innovative solutions for businesses, local authorities, and socio-medical establishments, ultimately reinforcing the collaborative ties within the European insurance landscape.
ProConseils Solutions serves a diverse clientele, which includes over 1,500 companies, nearly 150 local authorities, and 30 socio-medical establishments, providing them with optimized insurance coverage solutions. With a dedicated team of approximately 25 professionals spread across three offices in the Canton of Vaud, ProConseils Solutions has built a reputation for its expertise and customer-centric service.
The acquisition is a strategic component of Verlingue's ongoing efforts to expand its presence in Europe as outlined in its 'Better Future 28' plan. This initiative aims to enhance the company’s reach by connecting local businesses that share a common vision. Benjamin Verlingue, the Chairman and CEO of the Adelaïde Group, expressed his enthusiasm about this acquisition, stating, "This marks a pivotal step in our growth strategy across Switzerland and Europe. Our shared values with ProConseils Solutions, especially in maintaining close customer relations and delivering exceptional service, will allow us to offer broader expertise and tailored solutions to clients in Switzerland and beyond."
Co-founders of ProConseils Solutions, Alain Bornand and Joseph Gelsomino, echoed this sentiment, noting that integration with Verlingue represents a remarkable opportunity for both their staff and clients. They emphasized that leveraging the resources and technical expertise of the Adelaïde Group will enable them to enhance their service offerings further. "This acquisition allows us to continue developing ProConseils Solutions in French-speaking Switzerland, with the possibility of future acquisitions as we grow," they stated, illuminating the new chapter for their organization.
As Verlingue moves forward with this acquisition, it aligns with the Adelaïde Group's overarching objective to emerge as the premier family-owned insurance broker in Europe by the year 2028. The acquisition not only expands Verlingue’s operational capacity but also enhances its reputation as a reliable insurance partner dedicated to mitigating business risks and bolstering employee protection across multiple regions.
Verlingue, already recognized for its specialization in corporate risk management, aims to utilize this acquisition to deliver even greater value to its clients. With a presence in several European countries including France, Portugal, Switzerland, the United Kingdom, and Italy, Verlingue stands ready to provide innovative insurance solutions, guided by a long-term commitment to its clients.
For ProConseils Solutions, the future seems promising as they transition into this new phase. Their close ties with the local community and commitment to respect, competence, high standards, and teamwork will continue to be the hallmark of their operations as they integrate with the larger Adelaïde Group family. As both companies embark on this journey together, they remain committed to delivering exceptional service and innovative insurance solutions for their diverse clientele.
The combined strengths of Verlingue and ProConseils Solutions signal a promising trajectory in the European insurance market, noted for its increasingly competitive landscape. This strategic alliance is set to enhance service delivery and foster innovative solutions for businesses, local authorities, and socio-medical establishments, ultimately reinforcing the collaborative ties within the European insurance landscape.
Topics Financial Services & Investing）
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