At the start of 2024, Vanbreda Risk & Benefits is on the acquisition path more than ever. On 5 February, the insurance broker took over Simplex Employee Benefits Insurance BV in Hasselt. Simplex specialises in employee benefits and actuarial consultancy.
Vanbreda acquires part of the insurance portfolio of Driesassur in Antwerp
Vanbreda Risk & Benefits acquires a substantial part of the insurance portfolio of Driesassur in Antwerp. Driesassur is a leading insurance broker in the diamond and jewellery trade, and additionally offers the more traditional insurance products for private clients, small businesses and large companies. “With the acquisition of this part of their insurance portfolio we strengthen our position as largest insurance broker in Belgium,’ says Pedro Matthynssens, CEO of Vanbreda.
Pedro Matthynssens, CEO of Vanbreda: “With the acquisition of this attractive client portfolio we further grow our market share and strengthen our position as largest insurance broker in Belgium. This acquisition is in keeping with our strategy of sustainable growth, both organically and by targeted acquisitions. We are still on course to achieve our growth target of 200 million euros by 2030. Driesassur operates worldwide from nine branches and is part of the French brokerage group Diot Siaci, a long-time partner of Vanbreda in our international network Lockton Global.”
Pascal Joosten, Director Risk & Broker Services with Vanbreda: “The Antwerp branch of Driesassur gives private clients, small businesses and large companies advice on their various insurance products, such as fire, liability and car insurance. For this client base, numbering some 1,800 clients, we will take over the daily management of their insurance policies as brokers. Thanks to our thoroughgoing expertise of this target group and the types of insurance, we will be in a position to give them the best possible support. Like Driesassur, we set great store by strong personal relations. We will therefore make every effort to ensure a smooth transition and achieve high client satisfaction in the short and long term.”
Alain Spruyt, Managing Director at Driesassur: “Today we are already a well-established name in Belgium and internationally in the insurance business for art and the diamond and jewellery trade. We have the ambition to grow further in these niches over the coming years. That is why we are very pleased to have found in Vanbreda a suitable partner for our traditional insurance portfolio. We have every confidence that they will promote the interests of these common clients.”
Deloitte has again proclaimed Vanbreda Risk & Benefits as a Best Managed Company for the sixth year in a row. “The renewal of the Gold label is a great moment for us. We are being commended for the efforts we have made in the past year to achieve sustainable growth and strengthen our social engagement. We also received valuable insights to do even better in certain respects. This keeps us on our toes as a company, and helps to shape our ambitions for the coming years,” says CEO Pedro Matthynssens.
For decades now we have invested in Corporate Social Responsibility with People, Environment and Society as the pillars. In order to direct those efforts even more effectively, we entered in early 2022 into a project with Voka to obtain the “Charter for Sustainable Business”. Today, we can announce with pride, but at the same time with modesty, that Vanbreda has received recognition as a Sustainable Entrepreneur.
Vanbreda Risk & Benefits has acquired Soenen Verzekeringen, which has offices in Poperinge, Ypres and Roeselare. Soenen Verzekeringen specializes in insurance for companies mainly in the SME market. “This partnership once again enables us to expand our geographic footprint. Being the leading insurance broker in Belgium, we strongly believe in our buying power combined with excellent local customer service,” Pedro Matthynssens, the Vanbreda CEO, explained.