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.

Vanbreda acquires part of the insurance portfolio of Driesassur in Antwerp

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.”

Interview or more information?

If you have any questions about this press release or if you would like more information, please contact:

Isabelle Hoes – Adviser External Communication at Vanbreda Risk & Benefits