Renewal of Bancassurance Agreements with the Unipol Group

BPER Banca S.p.A. (“BPER Banca”) announces that today it has renewed the Bancassurance Agreements with the Unipol Group and in particular with UnipolSai Assicurazioni S.p.A. (“UnipolSai”), for the distribution of “Arca Vita”, “Arca Assicurazioni” and “Arca Vita International” life and non-life insurance policies and of the so-called “health” products of UniSalute.

The renewal of the partnership – which, as in the existing relationship, also involves Banca Popolare di Sondrio S.p.A. (“Banca Popolare di Sondrio”) – will have a duration of five years from 1 January 2023 and is substantially in continuity with the agreements in place, with a view of consolidating the existing relationship between the BPER Group and the Unipol Group and in line with BPER’s announced strategic choice to grow in the insurance sector aimed at enhancing the value of Bancassurance. 

As part of the transaction, the three main shareholders of “Arca Vita” (UnipolSai, holding 63.39% of the share capital, BPER Banca, holding 19.67%, and Banca Popolare di Sondrio, holding 14.84%) have renewed the shareholders’ agreements and the rules governing the circulation of the insurance company’s shares for the same period of the Bancassurance agreements.