Swiss Life acquired elipsLife from Swiss Re and entered into a partnership with Swiss Re for European Employee Benefits solutions. elipsLife is an insurance company for institutional clients, focusing on insurance products that cover the financial consequences of illness and accidents. Closing of the transaction is subject to approval by the relevant competition authorities.
Bär & Karrer acted as legal advisor to Swiss Life in this transaction. The team was co-led by Christoph Neeracher and Luca Jagmetti and included Philippe Seiler, Adrian Zampieri and Carlo Hunter (all M&A), Eric Stupp, Daniel Flühmann and Stephanie Walter (all Regulatory), Susanne Schreiber and Cyrill Diefenbacher (both Tax), Markus Wang (IP/IT), as well as Mani Reinert and Martin Werner (both Antitrust).