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Hypoport strengthens its market position by acquiring two software companies from the insurance industry - Seite 2
brokerage and are striving to achieve this position in the insurance market
too," says Ronald Slabke, Chief Executive Officer of Hypoport AG. Stephan
Gawarecki, member of the Management Board responsible for establishing the
insurtech activities, adds: "The volume of premiums in the German insurance
market amounts to EUR200 billion per year. We believe the digital
revolution in this market offers huge potential and we are continuing
steadfastly with our strategy of acquisitions aimed at strengthening our
market position."
Information on Hypoport AG
The Hypoport Group is a technology-based financial service provider. The
business model is based on its three mutually supporting business units:
Private Clients, Financial Service Providers, and Institutional Clients.
All three units are engaged in the distribution of financial services,
facilitated or supported by finance-technology ('fintech').
As a wholly-owned subsidiary of Hypoport, Europace AG develops and operates
the web-based EUROPACE financial marketplace, which is Germany's largest
platform for mortgages, building finance products and personal loans. A
fully integrated system links more than 350 partners - banks, insurers and
financial product distributors. Several thousand users execute some 35.000
transactions worth a total of up to EUR4 billion on EUROPACE every month.
The Hypoport subsidiary Dr. Klein & Co. AG is an independent online
distributor of financial products. This firm's specialists provide private
clients with a full range of advisory services around mortgage finance,
insurance and retirement planning. Dr. Klein & Co. AG has been a major
financial service partner to housing companies and commercial property
investors since 1954. Hypoport AG is headquartered in Berlin, employs about
750 people and is listed in the Prime Standard of the Frankfurt Stock
Exchange. At the end of 2015 Hypoport was admitted to the SDAX.
Contact
Michaela Reimann
Head of Investor Relations & Public Affairs
Tel: +49 (0)30 42086 1936
Email: ir@hypoport.de
www.hypoport.com
Hypoport AG
Klosterstraße 71
D-10179 Berlin
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12.01.2017 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.
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Archive at www.dgap.de
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Language: English
Company: Hypoport AG
Klosterstraße 71
10179 Berlin
Germany
Phone: +49/30 42086-0
Fax: +49/30 42086-1999
E-mail: ir@hypoport.de
Internet: www.hypoport.de
ISIN: DE0005493365
WKN: 549336
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Stuttgart,
Tradegate Exchange
End of News DGAP News Service
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535721 12.01.2017
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