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October 9, 2024  |   Portfolio News

Genillard & Co. joins HBC Group

HBC Group is advancing its market position through the acquisition of Genillard & Co. GmbH, a distinguished broker with over 20 years of experience in reinsurance solutions and risk management. This strategic partnership enhances HBC’s capabilities in the specialized reinsurance sector and creates new opportunities to dynamically expand its strategic focus.

“With Genillard & Co., we gain a highly skilled and experienced partner in risk management and reinsurance solutions,” said Hauke Martinsen, CEO of the HBC Group. “Their deep expertise across areas such as terrorism and political risks, financial lines, agriculture, natural catastrophes, cyber, and specialty risks will significantly enrich our service offerings. This partnership unlocks new opportunities for our group, and we are eager to collaborate to fully realise its potential.” Dr Sebastian Friese, CFO of HBC added “This acquisition marks a significant milestone in our growth strategy and offers a unique opportunity to expand our reinsurance expertise within the HBC Group” 

Christopher Genillard, CEO & Founder of Genillard & Co., adds: “We are excited to be part of HBC, maintaining our entrepreneurial spirit and leveraging our strong market relationships. Together, we are uniquely positioned in the market to provide more comprehensive services to our international clients, delivering superior solutions in terms of both scale and breadth of offerings.” Thomas Diesinger, Managing Director of Genillard & Co., further states: “We are proud to be part of HBC Group. In HBC, we found a perfect partner, not only in terms of products and concepts, but also in scalability. Shared values, a family-oriented environment, and a strong culture-fit are additional deciding factors for us.”

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