Verlingue, the Adelaïde Group’s insurance brokerage subsidiary, which has operations in France, the UK, Switzerland and Portugal, reasserts its objective of becoming a leading European broker by establishing its brand in Europe.
After the successful launch of the brand in the United Kingdom in December 2019, the subsidiaries in Switzerland and Portugal will now officially adopt the Verlingue brand as of Monday 14 June 2021.
Verlingue has been present in Switzerland since 2016, following the successive acquisitions of Advantis, S&P and Meex, which employ a total of 120 staff. The merger of these three entities is now complete, creating the third largest insurance broker in Switzerland.
In Portugal, Verlingue acquired the broking firm Luso Atlantica in December 2020. The management of Luso Atlantica decided to accelerate the subsidiary’s integration in the brand for the benefit of its 100 employees and its clients.
The extension of the Verlingue brand is one of the key objectives for Europe set out in the Verlingue 2024 strategic plan:
– Establish a major independent European insurance broker in the field of business risk management, which is regarded as a benchmark in terms of professionalism and customer service by its clients, employees and the other players in the market
– Triple international sales, through organic growth in its current subsidiaries and through strategic acquisitions
– Establish offices in the main business centres in Western Europe