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Baloise partners with UBS to offer solutions for Swiss property owners

By Joy Dumasia

July 12, 2021

  • Baloise
  • Europe
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Swiss insurance holding company Baloise and UBS, with its mortgage brokerage platforms Atrium and key4, plans to enter into a strategic partnership to provide innovative solutions and services to property owners in Switzerland.

This strategic relationship aims to give customers access to complementary services that address property owners’ critical needs regarding financing, insurance and maintenance.

The project means further progress for Baloise in expanding its service portfolio and partnerships in the Home and Mobility ecosystems under the Simply Safe strategy. This move combines the two partners’ core competencies and services and their respective digital offerings to create a shared customer journey.

The new joint Home & Living ecosystem will be based on the established UBS platforms Atrium and key4, Baloise’s Home initiatives, existing and prospective equity investments of both companies, and potential partnerships with third parties.

In addition to the two companies’ existing cooperation on mortgage brokerage for investment properties, Baloise further expands its mortgage offering through this strategic partnership.

Yannick Hasler, Head of Retail Customers and a member of the Executive Committee of Baloise in Switzerland, says: “Baloise has invested heavily in the expansion of its Home ecosystem in recent years. Alliances with and investments in innovative Swiss start-ups such as Houzy, Devis, MOVU, Bubble Box and Batmaid have laid the foundations for a network of services that make everyday life easier for our customers. I am delighted about the plans to now form a strong partnership with UBS that will provide the basis for a shared Home & Living ecosystem.”

Recently, IBS Intelligence reported that Neo & Partners Global, a FinTech Company certified by the Singapore FinTech Association and recognised by the Monetary Authority of Singapore (MAS) with its coined Trading Atrium, announced its push to the next innovation boundary in the post-COVID-19 digital economy with the live implementation of the Software-Defined Network (SDN) foundation.

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