Malakoff Humanis completed the acquisition of a majority stake in Lifesquare.

Malakoff Humanis, an insurance services provider, completed the acquisition of a majority stake in Lifesquare, a full-digital loan insurance services provider. Financial terms were not disclosed. “This acquisition represents an opportunity for Malakoff Humanis to strengthen its position in the borrower insurance market. The acquisition of Zen'Up completes our distribution system, in particular with our partner brokers. This transaction also allows us to pursue our diversification strategy alongside our historic Group Health and Welfare activities, and to strengthen our position in the individual segment," Christophe Scherrer, Malakoff Humanis Deputy Managing Director.