Mobiliar and Kessler acquire a stake in SOBRADO Software AG
Mobiliar and Kessler & Co AG are acquiring a stake in the insurtech company SOBRADO Software. The Zurich-based company offers online services to bring brokers and insurers together. Insurers Swiss Life and Axa also hold large stakes in SOBRADO.
Mobiliar is acquiring a stake in SOBRADO Software AG, the leading provider of online services in the area of offer process and information services for insurance and pension solutions in Switzerland. "We will actively shape the strategic development of SOBRADO's range of services," says Michèle Rodoni, Head of Market Management at Mobiliar. "SOBRADO has been operating successfully for several years and has proven its marketability. It is now of central importance to us that SOBRADO develops further promising services in a timely manner, particularly in other transaction-rich sectors".
At the same time, the insurance broker Kessler is also taking a stake in the company, thus launching the announced complete opening of SOBRADO's ownership structure in 2020.
Adrian ILL, Chairman of the Board of Directors of SOBRADO Software AG, adds: "I am very pleased that with Mobiliar three leading Swiss insurers and with Kessler also a first major insurance broker complement the ownership of SOBRADO".
Until SOBRADO is fully opened up in the course of 2020, the Board of Directors will continue to be composed of representatives of the founders and the anchor shareholders. In the course of the opening up, further insurers and brokers as customers of SOBRADO will have the opportunity to also participate in SOBRADO under the same conditions as Mobiliar and Kessler. In addition, the Board of Directors will be strengthened by broker representatives from that time onwards.
Support also for the new online industry platform EcoHub
In view of the recently communicated collaboration between SOBRADO and the IG B2B for Insurers + Brokers association, the anchor shareholders also support the construction of EcoHub, IG B2B's new central and independent online industry platform. If development proceeds according to plan, EcoHub will go live in May 2020.
