EQS Group-News: Baloise Holding AG / Key word(s): Miscellaneous 
Start-up 'Parcandi' founded 
2021-07-15 / 06:58 
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Basel, 15 July 2021. Baloise has announced the founding of Parcandi, a corporate start-up initially developed as part 
of an internal innovation campaign. Parcandi connects drivers looking for somewhere to park to owners of unused parking 
spaces. An app allows users to reserve spaces on demand with just a few clicks. Corsin Sulser, previously new business 
manager at Baloise in Switzerland, is the firm's founder and CEO. 
Baloise promotes innovative ideas and entrepreneurial thinking by its employees. The concept for Parcandi was first 
developed as part of an internal innovation campaign. As the name suggests, Parcandi is all about parking. On the one 
hand, Switzerland alone has hundreds of thousands of empty parking spaces at residential and commercial buildings - on 
the other hand, drivers often waste a lot of time looking in vain for somewhere to park. 
'We are very proud to be expanding our ecosystem through the service offered by our spin-off, Parcandi, and to be able 
to provide our customers with real added value. The future of parking should be simple and convenient - which fits in 
very well with our Simply Safe strategy. This will also reduce the risk of accidents caused by the sometimes 
exasperating search for a parking space,' explains Patrick Wirth, Head of the Mobility ecosystem at Baloise Group. 
Parcandi redefines parking by making long, tortuous searches for parking spaces a thing of the past. At parcandi.ch 
drivers can reserve their desired space up to two hours in advance or just find a spot as and when they need it - and 
then park as long as they like. Payment is online by credit card, once users have finished parking. They are only 
charged for the time they have actually been parking, a reservation period of up to two hours is free. The bespoke 
system that controls access to car parks and displays availability can be flexibly adjusted to suit the providers of 
the spaces and is easily scalable to include additional car parks, allowing Parcandi to add new parking spaces or 
cities quickly and efficiently. The entrances to participating residential or commercial buildings and the parking 
spaces themselves are clearly marked with the Parcandi logo. To book a parking space once they've arrived, users simply 
need to register their number plate and telephone number via parcandi.ch, which only takes a few seconds. The service 
is also available via the Touring Club Switzerland (TCS) app, a corporate partner of Parcandi. 'Parcandi offers a 
win-win situation, both for drivers who require parking spaces and for the owners of car parks, who are able to make 
more efficient use of their premises. Because users travel directly to the car park, the extra traffic that would be 
created while searching for a spot is eliminated. This makes a noticeable difference, especially in residential areas,' 
says Parcandi CEO Corsin Sulser. 
 
About Parcandi AG 
Parcandi AG, a spin-off of the Baloise Group, puts the owners of empty parking spaces in touch with drivers looking for 
somewhere to park. Parcandi enables property owners to rent out their parking spaces simply and flexibly. These spaces 
can then be booked on demand using Parcandi's app. Drivers requiring a parking space can book one with just a few 
clicks, up to two hours in advance. True to its mission statement 'We change the way people park', Parcandi takes the 
stress out of finding a parking space and reduces traffic resulting from cars looking for somewhere to park. The 
company was founded in July 2021, and its service is already available at several locations in the German-speaking 
parts of Switzerland. Parcandi AG is based in Basel and currently employs six people. 
 
About the TCS 
The Touring Club Switzerland has 1.5 million members, making it the largest mobility club in Switzerland. For 125 
years, we have campaigned for safety and independence in personal mobility and we make representations on subjects of 
public interest, particularly in the areas of road safety and consumer protection. As a non-profit association, the TCS 
provides the people of Switzerland with the means to make informed decisions on safe, economical and sustainable 
mobility, regardless of the specific means of transport. The TCS is a trusted partner in discussions with public 
authorities, makes expert, factual contributions to political debates, and promotes freedom of choice regarding means 
of transport as well as lobbying for infrastructure development. 
Contact details for the Baloise Group 
Baloise Group, Aeschengraben 21, 4002 Basel, Switzerland 
Website: www.baloise.com 
Email: media.relations@baloise.com / investor.relations@baloise.com 
Media Relations: Tel: +41 (0)58 285 7609 
Investor Relations: Tel: +41 (0)58 285 8181 
 
Contact details for Parcandi 
Lautengartenstrasse 6, 4052 Basel 
Website: info.parcandi.ch 
Email: info@parcandi.ch 
Tel: +41 77 988 2809 
The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of 
society in the digital age lie at the heart of its business activities. The approximately 7,700 employees of Baloise 
therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products 
and services, makes Baloise the first choice for people who want to feel simply safe. Located at the heart of Europe, 
with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance 
solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, 
the Group also operates as a specialised financial services provider, offering a combination of insurance and banking 
services. The Group offers innovative pension products to private customers throughout Europe from its competence 
centre in Luxembourg. The shares of Bâloise Holding Ltd are listed in the main segment of SIX Swiss Exchange. 
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End of Media Release 
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Language:     English 
Company:      Baloise Holding AG 
              Aeschengraben 21 
              4002 Basel 
              Switzerland 
Phone:        +41 61 285 85 85 
Fax:          +41 61 285 70 70 
E-mail:       media.relations@baloise.com 
Internet:     https://www.baloise.com 
ISIN:         CH0012410517 
Listed:       BX Berne eXchange; SIX Swiss Exchange 
EQS News ID:  1218980 
 
End of News   EQS Group News Service 
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1218980 2021-07-15


 
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(END) Dow Jones Newswires

July 15, 2021 00:58 ET (04:58 GMT)