Leonteq AG (SIX: LEON), the Zurich-based independent technology and service provider for investment solutions, and Swiss Mobiliar, Switzerland's oldest private insurance company, have signed an agreement on an envisaged cooperation for the development of unit-linked pension products.
Using Leonteq's platform, Swiss Mobiliar plans to offer unit-linked life insurance products combining traditional guarantee-based components with innovative investment elements. Under the agreement, Leonteq will support Swiss Mobiliar in the development and implementation of a corresponding product offering. The initial product is expected to be available in the second half of 2016.
Leonteq CEO Jan Schoch: “We are delighted about the envisaged, long-term oriented partnership with Swiss Mobiliar, a renowned Swiss insurance company. Pension solutions are an important line of business for Leonteq which we seek to continue developing with priority.”
Michèle Bergkvist-Rodoni, Head of Life & Pensions at Swiss Mobiliar: “We aim to provide our clients with attractive, flexible, and safe investment strategies. We are confident that Leonteq is our partner of choice.”
Every third household in Switzerland is insured by Swiss Mobiliar. Active in all lines of insurance, Swiss Mobiliar has an annual premium volume of CHF 3.5 billion. About 160 agencies and offices spread all over the country, among them 78 largely independent general agencies with their own claims service, guarantee proximity to approximately 1.7 million customers. Swiss Mobiliar Insurance Company Ltd. is domiciled in Berne, Swiss Mobiliar Life Insurance Company Ltd. in Nyon. The Swiss Mobiliar Group also includes Swiss Mobiliar Asset Management Ltd., Protekta Legal Protection Insurance Ltd., Protekta Risk-Consulting Ltd., Mobi24 Call-Service-Center Ltd. and XpertCenter Ltd., all domiciled in Berne.Swiss Mobiliar has more than 4,400 employees in its home markets of Switzerland and the Principality of Liechtenstein and 325 trainees. It is Switzerland’s oldest private insurance company and has operated on a mutual basis since its founding in 1826.