Generali in deal with Switzerland’s Lienhardt & Partner

The Switzerland-based arm of Italy’s Generali Group has agreed a deal to provide Lienhardt & Partner, the Swiss private bank, with such products as insurance, private pensions and pension plans.

In a statement, Generali said it would begin the new arrangement by providing the bank with its Prospera products, which were developed in cooperation with Fortuna InvestmentAG: the so-called 3a pension account and the vested benefits account.

On hand to announce the deal were Andreas Kruemmel, chief executive of Generali Switzerland (pictured above, left), and Duri Prader, chief executive of Lienhardt & Partner (right).

Under the arrangement, Generali and Fortuna will develop the products and handle their delivery to the end-user clients, while Lienhardt & Partner will be responsible for introducing the clients and maintaining the platform that they will be held on, the statement said.

The products will be sold under Generali brand name.

Lienhardt & Partner’s Prader said the deal represented “a pioneering step into the digitised future of the pension sector”.

Lienhardt is based in Zurich, where it is located on Rämistrasse in the old city centre, not far from the Quaibrücke bridge.

ABOUT THE AUTHOR
Helen Burggraf
Helen Burggraf is the editor of International Investment. A US-trained journalist, she has worked in Rome, New York City and London, covering everything from the fashion and retailing industries to the global drinking water and water-treatment sector, private equity, and most recently, the international cross-border financial services/advice industry.

Read more from Helen Burggraf

preloader
Close Window
View the Magazine





You need to fill all required fields!