Lenz & Staehelin advises Octium on the deal with Insurevolutions

The renowned provider of PPLI solutions Octium Group has agreed to acquire Insurevolution‘s PPLI business of approximately CHF 2.5 billion. This portfolio is primarily consisting of EU clients either in Liechtenstein or Ireland and will transfer to Octium Group’s Insurance Carriers in Liechtenstein and Ireland.

The transfer is subject to regulatory approval and will see Octium Group continue to strengthen its European footprint and support development globally. The group is a cross border insurance group specialising in the design, structuring and distribution of unit-linked life insurance products. Swiss INSUREVOLUTION PARTNERS is an insurance group founded in 2015.

Upon approval by the Financial Regulator, Octium Group’s combined policyholder assets will be significantly in excess of EUR 10 billion. The integration of Insurevolution’s business, coupled with Octium Group’s existing Insurance Carrier in Dublin, Insurance Carrier (and Italian Branch) in Liechtenstein, Tied Agency and Service Company, will be beneficial for all stakeholders – clients, service providers, employees etc.

Lenz & Staehelin has advised Octium Group in this transaction. The team was led by Andreas Rötheli (head corporate and m&a, pictured) and included Federico Trabaldo Togna and David Di Rosa (all corporate and m&a).