Helvetia Holding AG and Baloise Holding AG: Merger completed

In future, one in three households in Switzerland will be insured with Helvetia Baloise or will arrange its pension provision. The merger of equals is seen by the new company as „a unique opportunity to grow sustainably and take a leading position in the Swiss insurance market“. The merger will also significantly increase the economic and social importance of Helvetia Baloise for Switzerland as a business location, according to a press release.

Customers benefit from

Following the merger, the more than two million customers of both companies will now benefit from a denser agency network with a total of 150 locations and over 1,700 advisors in all national and language regions. In future, Helvetia Baloise will be able to offer a broader range of products and services in the areas of insurance, pensions, assets and real estate from a single source. A new organizational structure, which relies on proven managers from both companies, will also combine the strengths of both companies.

Proven managers in a new organizational structure

The new Executive Management of Helvetia Baloise Switzerland is headed by Martin Jara as CEO Switzerland (previously CEO Switzerland, Helvetia). Other members of the Executive Committee are Andrea Kleiner, Head of Non-Life Switzerland, Patric Olivier Zbinden, Head of Pensions Switzerland, Simon Weiner, Head of Sales Network & Market Development Switzerland, Mathias Zingg, Head of Partners & Alternative Distribution Channels Switzerland, Clemens Markstein, Head of Customer Services & Integration Switzerland, Thomas Schöb, CEO of Baloise Bank Ltd, Matthias Trunz, CFO Switzerland, Sandra Hürlimann, CTO Switzerland, Hamiyet Dogan, Chief Human Resources Officer Switzerland and Karina Schreiber, Group Chief Risk Officer and ad interim CRO Switzerland. Most of these individuals held similar positions at their predecessor companies.

Great potential

CEO Switzerland Martin Jara emphasizes the great potential of the merger: «The new management team combines employees, expertise and the strengths of both companies. Together, we are creating a leading company in the Swiss insurance market that creates high added value for our customers with a powerful sales force and the broadest expertise in the market.» Smile, ERV, MoneyPark and Baloise Bank will also continue to play an important role. «No one in the market can provide such comprehensive advice on insurance, pensions, wealth and real estate issues as Helvetia Baloise,» says Martin Jara.

The existing insurance cover and all customer contracts will remain unchanged. The integration of the product landscapes will be staggered over three years; the first new products will be launched as early as 2026. The new Helvetia Baloise brand identity will be unveiled at the Group's Capital Markets Day on April 15, 2026.

Source: www.helvetia-baloise.com