Allianz X GmbH agreed to acquire remaining stake in simplesurance GmbH on September 29, 2022. simplesurance employs over 120 people from 30 nations. Carsten Berrar and Konstantin Technau of Sullivan & Cromwell LLP acted as legal advisor to simplesurance GmbH. Christian Vogel of Clifford Chance US LLP acted as legal advisor to Assurant Ventures.

Allianz X GmbH completed the acquisition of remaining stake in simplesurance GmbH in 2022.