Baloise recognises growing importance of digitalisation

Basel, 15 September 2016. The digital revolution is ushering in fundamental changes for the insurance industry and presenting major challenges for its business models. At the same time, it is opening up opportunities and potential for growth. Baloise aims to capitalize on this. To help it do so, it has created a new department called Group Strategy and Digital Transformation, which will be gearing customer interaction, operational processes and organisational structures to the changing needs of customers in the digital age.

Gert De Winter, CEO of the Baloise Group: "The challenges of digitalisation are not just a question of new technologies. They require us to have straightforward processes and simple interaction with customers and to internalise the changing needs of customers in our day-to-day work. This new department will drive forward our response to these challenges across the group."

On 1 October 2016, Adrian Honegger will take up the role as Head of Group Strategy and Digital Transformation. Adrian Honegger gained a doctorate in nuclear physics in 1999 in the United States. He subsequently held various industrial and academic posts across Europe in the fields of medical physics and biotechnology, always with a focus on digitalisation. In 2009, he joined Baloise and has been Co-Head of IT in Switzerland since autumn 2009. Over the past six years, he has applied agile principles to help realign the company's IT strategy.

The new department will work closely with the national Baloise units and the Group CEO. It will drive forward the implementation of the future corporate strategy, the main points of which will be presented in detail at the strategy day on 26 October. Mergers and acquisitions also fall under the remit of the new department, which will incorporate the Corporate Development department that was previously responsible for these activities. Adrian Honegger will report directly to Thomas Sieber, Head of the Corporate Centre division.

Contact

Baloise Group, Aeschengraben 21, 4002 Basel, Switzerland

Website:www.baloise.com

Email:media.relations@baloise.com / investor.relations@baloise.com

Media Relations: Dominik Marbet, tel +41 (0)58 285 8467

Investor Relations: Marc Kaiser, tel +41 (0)58 285 8181


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