Baloise aims to step up its investments in digital processes, services and products that have the potential to drive forward the company's digital revolution. According to a statement, the UK-based investment and advisory firm Anthemis Group is a leading advisor in the field of digital financial services, making it the ideal investment partner for Baloise. Through Anthemis, Baloise will make targeted investments of up to CHF 50 million in strategically relevant start-ups in Europe and the US.
"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,” said Baloise CEO Gert De Winter, adding that Baloise now has the opportunity to benefit from Anthemis’ knowledge of innovation in digital financial services.
"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,” said Anthemis CEO Nadeem Shaikh. “That is why we are absolutely delighted to be working with Baloise in order to bring about fundamental changes in the insurance industry.”