DGAP-News

JDC Group AG: JDC Group acquires insurance portfolio of up to 195,000 customers and thus boosts EBITDA by up to Euro 4 million a year - Seite 2

contributions from the portfolio acquired.

"allesmeins" is a digital insurance wallet based on state-of-the-art
technology that unites the interests both of end customers and of their
Independent Financial Advisors (IFAs). It provides end customers with a
rapid overview of all their insurance contracts and relevant contract
documentation on their smartphones or tablets. The app also enables
customers to add contracts, optimize them or report damages. However,
unlike normal, non-personalized fintech solutions, "allesmeins" still
offers end customers access to their individual financial advisors, with
whom they have built up a relationship of trust over years or even decades
in some cases, and to all of their specialist competence. If they wish, the
195,000 customers in the portfolio acquired will thus have access in future
to one of JDC's IFAs.

"JDC Group is the ideal buyer for this kind of broker portfolios. That's
not only because we have extensive transaction experience but also because
once the transfer has been completed we can also ensure in the interest of
the retail customers that they receive suitable support, particularly
should any insurance events arise", comments JDC's CEO Dr. Sebastian
Grabmaier. "JDC Group is one of only few market players to combine the
latest and most efficient transaction services and state-of-the-art
advisortech solutions with the most important component - the human factor.
Not least by deploying our 'allesmeins' smartphone application, we will
ensure ideal customer retention and create additional revenue potential for
our IFAs and hence for ourselves."

"The portfolio now acquired will substantially improve our key financials.
The contracts are predominantly in insurance segments with above-average
duration periods and high commission expectations", adds Ralph Konrad, CFO
of JDC Group. "We are delighted that this transaction also enables us to
confirm the forecasts provided in the business plan when placing the bond
last year. With a return on revenues of more than 50 percent on the
portfolio acquired and a return on investment of up to 30 percent we are
absolutely on target and are able to demonstrate the great success of our
'portfolio acquisition' business model. We plan to acquire more insurance
portfolios shortly."

About JDC Group AG

JDC Group AG (ISIN: DE000A0B9N37) stands for smart financial distribution
flanked by new advisory technologies in the age of the digital natives.

In our "Advisory" segment, our Jung, DMS & Cie. and FiNUM subsidiaries