The newly incorporated public entity will see Angel One holding a 26% stake, while LivWell will retain the majority share.
The alliance aims to support Madanes in providing solutions across non-marine lines of business.
According to a poll conducted by GlobalData in Q3 2025, 45.8% of respondents believe underwriting and risk profiling is the area of the insurance value chain that will be most positively impacted by AI.
The approvals include the green light from the Swiss Competition Commission and the conclusion of the EC's FSR review.
