Announced
Synopsis
a.s.r., a non-life and life insurance provider, agreed to acquire the insurance activities business of BOVAG-backed Bovemij, a provider of automobile insurance services, for €185m. "This strategic partnership is an important step for the mobility sector. By bringing the knowledge, experience and strengths of BOVAG and a.s.r. together, we create a solid foundation for sustainable growth and innovative solutions for our members. We recognise that this change will have an impact on colleagues at Bovemij Group. Together, we will ensure a careful transition," Christianne van der Wal, BOVAG Chair.
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