Vanbreda strengthens its position in West Flanders through Soenen Verzekeringskantoor

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.

Vanbreda strengthens its position in West Flanders through Soenen Verzekeringskantoor

Pedro Matthynssens, the CEO of Vanbreda: “We are currently a leading player in the field of SME insurance with a central base in Antwerp and a local presence in all Flemish provinces. The acquisition of Soenen Verzekeringen aligns with our strategy to grow sustainably, both organically and through targeted acquisitions. We are thus strengthening our position in the province of West Flanders.”

Pascal Joosten, Director of Risk & Broker Services at Vanbreda: “The acquisition of these three branches in the West Flanders real estate landscape significantly enhances our regional presence. Soenen Verzekeringen specializes in insurance solutions for small and medium-sized companies, the self-employed and sole traders. Not only do their expertise and target groups align with our organization, Soenen Verzekeringen is also, just like us, a service-oriented broker with a focus on strong, personal relationships with clients.”

Kenneth Rommens, Managing Director of Soenen Verzekeringen: “We aim to be part of a larger entity with more resources and expertise, for example, in the field of IT and compliance. Vanbreda Risk & Benefits’ specialist knowledge of more complex insurance risks and the international network it is part of also provide additional benefits for us and most definitely for our clients. We are, therefore, particularly pleased to enter into this partnership and look forward to our future collaboration.”

About Soenen Verzekeringen

Soenen Verzekeringen is managed by its directors, Kenneth Rommens and Luc Vanoverberghe. Today the team includes 16 employees and the company has an annual turnover of 2.3 million euro. Soenen Verzekeringen will continue to operate going forward under the name of ‘Vanbreda Soenen’, led by its current directors, who will also remain minority shareholders.

Interview or further information?

If you have further questions concerning this press release or would like to receive more information, please contact:

Isabelle Hoes – External Communication Advisor at Vanbreda Risk & Benefits