Generali Česká pojišťovna has acquired D.A.S. legal protection division from ERGO Versicherung AG, enhancing its portfolio and market position in the Czech legal insurance sector.
Target Overview
Generali Česká pojišťovna, a leading insurance provider in the Czech Republic, has recently acquired the legal protection division of D.A.S. from ERGO Versicherung AG. This acquisition enhances Generali's existing product portfolio, particularly in the field of legal protection insurance, a sector that D.A.S. has dominated since its inception in the Czech market in 1995, holding a significant 64% market share. By integrating D.A.S.'s expertise and extensive client base, Generali aims to solidify its leadership position while offering high-quality services aligned with its commitment to long-term customer relationships.
The transaction involves the transfer of D.A.S.'s insurance portfolio as well as all employees and tied agents to Generali. Following regulatory approval, which is expected in the first half of 2026, Generali Česká pojišťovna will take on the role of insurer for existing D.A.S. contracts, ensuring continuity of service for clients and a commitment to lifelong partnership.
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Industry Overview
The Czech Republic's insurance market has seen significant growth, particularly in specialized segments like legal protection. Legal insurance has become an essential product for both retail and corporate clients, including municipalities and schools. D.A.S. has b
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Disclosed details
Revenue: $22M