With the regulatory green light, the merger can now be implemented operationally: Helvetia Seguros and Helvetia Holding Suizo will be fully integrated into Caser, which will continue as the surviving entity. Only a few steps remain before the merger becomes legally effective, according to the press release issued on Thursday.

The combined entity will serve more than 2,5 million customers and employ over 7'000 people in Spain. This will position the merged company among the ten largest insurance groups in the Spanish market.

Once the legal completion of the merger is achieved, Helvetia plans to accelerate operational and technological integration. Both brands will continue to exist in parallel until 2027. Distribution networks—especially agencies and brokers—will remain key pillars of the company’s market strategy.

Customers and business partners are expected to benefit from an expanded product offering, enhanced digital solutions and more targeted cross-selling. Helvetia also plans to introduce new offerings tailored to specific customer groups such as those over 50 and SMEs.

Support from Banking Partners

Minority shareholders Unicaja and Ibercaja fully support the merger and will remain invested in the new company. Helvetia describes the transaction as an investment in stability, growth and long-term value creation that brings together the strengths of both corporate cultures.

Helvetia CEO: «An Important Milestone»

«The approval marks an important strategic milestone for the Helvetia Group,» says Group CEO Fabian Rupprecht in the statement. The clear project structure and close collaboration between the teams were key contributors to its success.

Juan Estallo, CEO of the Spain segment, also highlights the significance of the step: «We will be able to offer our customers an even more personalised and higher-quality service – together with our strategic partners and brokers.»