Bper renews bancassurance agreements with Unipol

Bper Banca today completed the renewal of the Bancassurance agreements with the Unipol Group, and in particular with UnipolSai Assicurazioni, for the distribution of life and non-life insurance policies of the companies “Arca Vita”, “Arca Assicurazioni” and “Arca Vita International”, as well as the so-called “health” products of the UniSalute company. Bper Banca communicates it in a note.

The renewal of the partnership – which, as previously, also involves Banca Popolare di Sondrio – will have a five-year duration starting from 1 January 2023 and is essentially in continuity with the previous existing agreements, with a view to consolidating the relationship be between the Bper Group and the Unipol Group and in line with the announced strategic choice of Bper to grow in the insurance sector with a view to valorising bancassurance. As part of the transaction, the three main shareholders of “Arca Vita” (UnipolSai, with 63.39% of the share capital, Bper Banca, with 19.67%, and Banca Popolare di Sondrio, with 14.84 %) renewed for the same period of time referable to the Bancassurance agreements, the shareholders’ agreements and the rules that regulate the circulation of the shares of the insurance company.