ASR acquired Veherex from STIBA for €26m.

ASR, a major Dutch insurance group based in Utrecht, acquired Veherex, which provides disability insurance for companies and their employees, from STIBA for €26m. Jos Baeten, CEO of ASR: ‘This acquisition fits well within ASR’s acquisition strategy and ambition to play a leading role in the field of sustainable employability. The acquisition of Veherex’s portfolio strengthens ASR’s market position whilst offering us opportunities for further growth in new segments. We intend to integrate Veherex within Loyalis thereby leveraging their unique experience in servicing semi-public organisations and offering customer tailored propositions. We are looking forward to continuing the commercial collaboration with the existing customers of Veherex for the long term.’