Verlingue expands European footprint with acquisition

Move described as a significant step in its growth strategy

Verlingue expands European footprint with acquisition

Insurance News

By Jonalyn Cueto

Insurance broker Verlingue, a subsidiary of the Adelaïde Group, has announced the acquisition of ProConseils Solutions, a major player in the French-speaking Swiss insurance brokerage market.

Founded in 2003, ProConseils Solutions has established a reputation for personalised client services. The company employs nearly 25 staff across three offices in the Canton of Vaud. It serves over 1,500 companies, nearly 150 local authorities, and 30 medico-social establishments.

A news release noted that the acquisition aligns with Verlingue’s Better Future 28 strategic plan, which focuses on expanding its European presence through partnerships with local businesses. It is also part of the Adelaïde Group’s goal of becoming the leading family-owned insurance broker in Europe by 2028.

Benjamin Verlingue, chairman and CEO of the Adelaïde Group, highlighted the deal’s importance. “The acquisition of ProConseils Solutions marks an important step in our growth strategy in Switzerland and Europe. We share strong values with ProConseils Solutions, notably close relations with our customers and service excellence. Joining forces will enable us to provide all our customers – whether in Switzerland or in the other countries in which we operate – an even broader range of expertise and solutions that are increasingly tailored to their needs.”

ProConseils Solutions co-founders, Alain Bornand and Joseph Gelsomino, echoed the sentiment.

“Becoming part of Verlingue and the Adelaïde Group is a real opportunity for our customers and our staff. We will be able to provide even better services and draw on the group’s technical expertise and international dimension. It will also enable us to continue to develop ProConseils Solutions in French-speaking Switzerland, both through our existing teams and through possible acquisitions.”

Marco Buholzer, CEO of Verlingue Switzerland, emphasised the significance of this move for the Swiss market. “With this acquisition, we will reinforce our position in French-speaking Switzerland, which is a key market for Verlingue. ProConseils Solutions will bring valuable local expertise and excellent market knowledge. Together, we will be able to provide innovative solutions that are tailored to our customers’ needs.”

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