HBC fuels digitization with strategic Insurtech acquisition

HBC Group is continuing its successful M&A trajectory with the recent acquisition of crebita GmbH. The Cologne-based insurtech, which is also a member of InsurLab Germany, provides a digital platform with numerous USPs for credit insurance products in Germany and Austria.

One of the key elements of HBC´s strategy is driving digital transformation with a strong focus on an innovative customer-centric approach by leveraging digital solutions, data analytics and artificial intelligence. Main objective is to support customers and distribution partners with more efficient, transparent, and customer-friendly products as well as processes while at the same time all parties involved benefiting from productivity and scaling effects. Crebita exemplifies this strategic theme, as the platform and its products provide users with a comprehensive solution to insure receivables with real-time assessment and instant policy issuance.

”The strategic partnership with crebita is a further accelerant to growth and value creation. This collaboration truly means having exclusive access to technology and innovations other market players simply don’t provide to the same extent.” says Dr. Sebastian Friese, CFO and Managing Director of HBC Group.

Fuelled by the superior crebita technology and seasoned management team, HBC continues to expand in its core insurance vertical and accelerates its growth plans.