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 Risk & Benefits receives the Best Managed Company ‘Gold label’
For the fourth year in a row, Deloitte has proclaimed Vanbreda Risk & Benefits to be a Best Managed Company. The insurance broker and risk consultant based in Antwerp has thereby received the so-called ‘Gold label’. “This is a great recognition for our management and all our employees, as well as encouragement to confidently continue on our chosen path”, says CEO Pedro Matthynssens.
Deloitte Private, Econopolis and KU Leuven launched their annual search for the ‘Best Managed Companies’ among the Belgian SMEs and family businesses in 2018. An independent jury thereby screens the participants in four domains: strategy, talent, commitment and financial performance. The members of this year’s jury were Françoise Chombar (CEO Melexis), Rik Vera (Nexxworks), Rik Jacob (former CEO of Ardo), Koenraad Debackere (Professor at the KU Leuven), Yves Noël (former Chairman of NMC) and economist Geert Noels (CEO of Econopolis).
Diversity and inclusion
Vanbreda Risk & Benefits was proclaimed a Best Managed Company by the jury for the fourth year in a row. As a result, the Belgian market leader in the field of business insurance and employee benefits was granted the so-called ‘Gold label’. Only five other Belgian companies have also received this highest recognition.
Pedro Matthynssens: “The jury of experts congratulated our organisation on its strong financial performance last year, and on the progress we’ve made in different major fields. Among other aspects, our clear ambition for growth and our transparent strategy to be and to remain the most digital and client-oriented insurance broker and risk consultant in the Benelux were positively assessed by the jury. In addition, our achievements in the areas of care for the community, diversity and inclusion, data-driven decision-making and innovation were mentioned.”
Interesting learning process
Every year, taking part in the Best Managed Company process is a particularly interesting ‘learning experience’ for Vanbreda Risk & Benefits.
Pedro Matthynssens. “From the dialogue we had with the Deloitte experts, we again have discovered new aspects for our organisation this year. The final evaluation and the feedback from the specialised jury again led to inspiring insights. We will continue to constructively work on these to ensure our further growth as an organisation. In economically challenging times such as these, this is particularly important.”
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 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.