Announced

Completed

IDEAL Versicherungsgruppe completed the acquisition of myLife Lebensversicherung.

Synopsis

IDEAL Versicherungsgruppe, an insurance company, completed the acquisition of myLife Lebensversicherung, a provider of insurance and retirement planning services. Financial terms were not disclosed. “We have closely followed the extremely positive development of myLife life insurance in recent years. The excellent investment affinity, combined with high-performance technology and process excellence in the life insurance market, are a perfect fit for our group of companies. In addition, as the leading fee service provider, the FeeRater provides all the services and coaching you need for a successful fee and net business," Rainer M. Jacobus, IDEAL CEO.

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