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JDC Group AG

M&A Activity May 30, 2016

4522_rns_2016-05-30_c9ea021d-727d-4dca-806d-86a1a451aff3.html

M&A Activity

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News Details

Corporate | 30 May 2016 07:00

JDC Group AG: JDC Group acquires ‘Geld.de’, one of the leading online comparison platforms in the German insurance market

DGAP-News: JDC Group AG / Key word(s): Miscellaneous

2016-05-30 / 07:00
The issuer is solely responsible for the content of this announcement.


JDC Group acquires "Geld.de", one of the leading online comparison
platforms in the German insurance market

  • JDC Group acquires the online comparison platform "Geld.de" in the way
    of an asset deal

  • Further development planned into a "Robo-Advice-Platform" both in the
    insurance and investment sector

  • "Geld.de" is an ideal complement to JDC's digital wallet "allesmeins"

  • High Cross-Selling-Potential

JDC Group AG, one of the leading Advisortech Companies in Europe, acquires
the online comparison platform "Geld.de" from the Unister Group. Thus, the
JDC Group is taking the next logical step in the implementation of its
Advisortech strategy by granting its approximately 16,000 affiliated
Independent Financial Advisors (IFAs) and its approximately one million
retail clients access to innovative applications of the Fintech era.

With www.geld.de, retail customers can optimise their insurance portfolio
by using the internet portal to compare all major insurance products and
categories. Then, with just a few clicks, they can calculate and finalise
insurance quotes online. An investment offer follows shortly thereafter.

JDC-brokers will be able to use Geld.de to optimise their workflows,
allowing them to concentrate on consulting-intensive business while letting
retail clients make their own decisions with respect to more basic
categories of products. Of course, JDC's IFAs will receive their usual fees
for transactions of their clients executed self-directed online - without
any additional work effort.

This makes Geld.de the first online platform that grants IFAs full
ownership and control over their respective retail clients, making it the
ideal complement to JDC's digital wallet "allesmeins". "allesmeins" is a
smartphone application that JDC debuted successfully in February of this
year and which enables JDC's retail clients to administer their insurance
portfolios in just a few simple steps and to optimise them together with
their trusted financial adviser. Furthermore, clients can use the
integrated app-chat to communicate with their advisor.

Along with the internet domain, the "Geld.de"-purchase transaction with
various Unister Group companies also includes the trademark and technology.
Geld.de is one of the leading online comparison platforms in the German
insurance market and has acquired 200.000 clients since foundation. JDC
management expects the Geld.de comparison platform, so far focused on
insurance products, to offer high cross-selling potential with respect to
investment products like mutual funds.

Over and above the asset deal, JDC and Unister also agreed on a marketing
alliance: in future Unister will offer its hundreds of thousands of online
customers the digital wallet "allesmeins". JDC management expects the
alliance to produce another significant boost in customer growth at
"allesmeins".

"Our hybrid strategy, combining personalised service with state-of-the-art
financial technology, allows us to provide our retail clients with a range
of highly attractive financial products while enabling our IFAs to generate
new clients and tap into additional businesses and compensation models,"
adds Dr. Sebastian Grabmaier, CEO of JDC Group. "The combination of
'allesmeins' and 'Geld.de', together with our approximately 16,000 IFAs,
makes us the market leader among Advisortech companies in Europe. Our aim
is to redefine the future of the independent financial advisors."

About JDC Group AG

JDC Group AG (ISIN: DE000A0B9N37) stands for new advisory technologies
flanked by smart financial advice.

In our "Advisortech" segment, we are developing state-of-the-art advisory
and administration technologies for customers and advisors alike. Many
sales operations and partners view technological change as presenting a
problem and see young Fintech players as new competitors. We, by contrast,
see the "technology" factor as offering a great opportunity. In future,
solutions from the "Advisortech" segment will help advisors support their
customers even more closely and thus also generate higher sales.

In our "Advisory" segment, our Jung, DMS & Cie. and FiNUM subsidiaries
broker financial products to private end customers via independent
advisors, brokers and financial sales operations. With more than 16,000
affiliated sales partners, more than 900,000 end customers, a managed
portfolio of more than Euro 4 billion and new business of more than Euro
1.3 billion a year, we are one of the market leaders in German-speaking
countries.

Disclaimer:
Members of the Management Board of JDC Group AG hold material shareholdings
in JDC Group AG and thus have proprietary interests in the nature and
contents of the information provided in this notification.

Detailed information regarding the company and its daughters can be found
under www.jdcgroup.de. Information regarding the new Finance-App can be
found under www.allesmeins.de.


2016-05-30 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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