Swiss Life enters strategic partnership with bexio
OREANDA-NEWS. Swiss Life enters a strategic partnership with the business software provider bexio and simultaneously becomes one of the largest shareholders in the company. SMEs will profit in future from a simple and seamless integration of provisions solutions and personal insurance into the web-based salary accounting of bexio.
Swiss Life is investing in bexio and becoming one of the largest shareholders in the leading Swiss provider of web-based business software for small businesses. It has been agreed not to disclose the amount of participation. In addition, Markus Leibundgut, CEO of Swiss Life Switzerland, is becoming a new member of the Board of Directors of bexio. The start-up already has over 10 000 customers and employs a staff of 50 at its Rapperswil location. With its web-based services – including for example efficient systems for order processing or automated salary accounting – bexio appeals to the same customer segment as Swiss Life.
Simplifying the life of SMEs with unique integration
«SMEs will profit beginning in mid-2018 from a seamless integration of provisions solutions from Swiss Life into the salary accounting of bexio», says Markus Leibundgut. The customers can also supplement the offering individually, simply and in modular fashion with accident or short-term disability benefit insurance. «This innovation is unique in all of Europe. For customers, the enormous administrative effort for the management of their provisions and personal insurance thus falls away.»
Growth via joint access to customers
Jeremias Meier, co-founder and CEO of bexio: «With Swiss Life we have a strong partner by our side that supports our growth ambitions via additional access to customers. Simultaneously we are jointly expanding the existing offerings through the launch of the first Swiss salary accounting system with integrated coverage.» Swiss Life will make the offering of bexio accessible to selected existing and potential corporate clients. Markus Leibundgut: «This cooperation is a further important step for Swiss Life to be able to provide our customers in the future as well with new and innovative products and services that meet the growing customer requirement for simplicity in an increasingly digitalised work environment.»
The Swiss Life Group is one of Europe's leading comprehensive life and pensions and financial solutions providers. In its core markets of Switzerland, France and Germany, Swiss Life offers individuals and corporations comprehensive and individual advice plus a broad range of own and partner products through its sales force and distribution partners such as brokers and banks.
Swiss Life Select, Tecis, Horbach, Proventus and Chase de Vere advisors choose suitable products for customers from the market according to the Best Select approach. Swiss Life Asset Managers offers institutional and private investors access to investment and asset management solutions. Swiss Life provides multinational corporations with employee benefits solutions and high net worth individuals with structured life and pensions products.