Viridium Gruppe

The leading German life insurance consolidation platform

Date

Mar 2014

Sector

  • Financial Services

Viridium Gruppe is the leading consolidator of ‘closed-book’ insurance portfolios in Germany. Unlike conventional life insurance companies, Viridium doesn’t sell new life insurance policies, it focuses exclusively on the efficient management of its existing life insurance portfolios. By managing them more cost effectively through a single state-ot-the-art platform, the company has been able to deliver increased long-term financial stability to policyholders as well as stable recurring returns. Started a decade ago, the group now has in excess of €65 billion of assets under management.

With its significant asset and risk management capabilities and a scalable administration platform designed to handle the full spectrum of German life insurance policies, Viridium has established itself as a leader in a highly fragmented market full of growth opportunities. We have a long-proven track record in the life insurance consolidation sector in Europe. We’re using this experience to help the management team at Viridium to expand the company through a combination of organic growth and new M&A.

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