DGAP-News: JDC Group AG: JDC enters German Savings Bank Sector (Sparkassen) via its Bancassurance Platform

JDC Group AG: JDC enters German Savings Bank Sector (Sparkassen) via its Bancassurance Platform

- The JDC Group subsidiary Jung, DMS & Cie. and s mobile Versicherungsmakler GmbH - a company of the Sparkasse Bremen Group - agree on an extensive cooperation in the administration and handling of the entire insurance business.

- As a company of the Sparkasse Bremen Group, s mobile Versicherungsmakler GmbH handles most of the bank's insurance business, thereby using the integrated JDC Whitelabel Services including the JDC-built customer and contract management program iCRM.

- With the current agreement, JDC bancassurance technology is represented in all banking sectors - private, savings bank and cooperative.

 

The JDC Group subsidiary Jung, DMS & Cie., one of the largest service and technology platforms for financial service providers in Europe, and s mobile Versicherungsmakler GmbH - a company of the Sparkasse Bremen Group - have agreed on an extensive cooperation.

With this new collaboration, JDC becomes the premium distribution partner of s mobile Versicherungsmakler GmbH and, by ways of its administrative and sales-supporting platform technology, takes over the entire settlement and accounting process of the insurance business.

With around 80 branches in the urban area and more than 400,000 private customers as well as over 26,000 corporate customers, Sparkasse Bremen applies for its insurance business a hybrid model of personal branch consulting services and digital consultancy provided by the s mobile Versicherungsmakler GmbH.

S mobile Versicherungsmakler GmbH will benefit from the digital possibilities of JDC's own web app "allesmeins" as a white label solution and will use JDC's own customer and contract management program iCRM for managing its portfolio and new business in the fields of life, health and property insurance.

Via integrated comparison portals on landing pages and the web app as well as interfaces to its CRM, s mobile Versicherungsmakler GmbH will also apply the entire comparison tools for consultants and end customers in the areas of life, health and property insurance.

"Every specialist of insurance markets, systems and processes recognizes that our JDC bancassurance technology is leading thanks to operational excellence as well as velocity. We are happy to support s mobile Versicherungsmakler GmbH, a company of the Sparkasse Bremen Group, as an innovation leader seeking strong performance with this hybrid and digital advisortech model", emphasizes Stefan Bachmann, JDC Group CDO, adding: "This advisortech solution is built plug&play and easy adaptable for other saving banks."

JDC Group CEO Dr. Sebastian Grabmaier comments: "We are now able to provide innovative platform technology not only for all types of brokers and agents, but also for all of the different banking sales channels, independent of the model a bank works with. Regardless of whether a bank uses a pure online or an integrated branch model, JDC is able to provide the full scale solution: from the entire clearing, transaction and accounting processes to all administration services from front- to backend. An extensive advisortech architecture going far beyond existing insurtech offers."

About JDC Group AG
JDC Group AG (ISIN: DE000A0B9N37) stands for modern financial advice and intelligent financial technology for advisors and customers. In the "Advisortech" business unit, via our subsidiary Jung, DMS & Cie., we provide our customers and advisors with modern advisory and administration technology. While many sales and distribution partners perceive the technological transformation as a problem and the young Fintech companies as the new competitors, we perceive the "technology" factor to be a great opportunity. Solutions from the "Advisortech" business unit help advisors, brokers, banks and other intermediaries to take even better care of their customers and generate increased sales in their earnings. In the "Advisory" segment, we procure financial products for private end customers via free advisors using the FiNUM Group. With over 16,000 connected sales partners we are one of the market leaders in the German-speaking region.

Disclaimer:
The Directors of JDC Group AG hold a participating interest in JDC Group AG and have a self-interest in the nature and content of the information provided in this release.

Contact:
JDC Group AG

Ralf Funke
Investor Relations
Phone: +49 611 335322-00
Email: [email protected]