January 19, 2018
The current demand of our partners for non-traditional investments has enabled them to revitalise their portfolio, with growing interest in internal dedicated funds (IDF) or Specialised Insurance Funds (SIF).
The Luxembourg insurance regulator [Commissariat Aux Assurances] allows a very competitive and flexible range of options in terms of the types of underlying investments within a contract, while providing a protective framework for policyholders.
Putting financial market developments in perspective, together with the significant demand for regulated or unregulated non-traditional investments, require new keys skills for OneLife, which has chosen to surround itself with top-level experts.
According to Wim Dieryck, Chief Commercial Officer at OneLife:
“These experts are highly appreciated by our partners (asset managers, Family Offices, brokers, international private banks, etc.) who are able to receive specific and technical answers to all their questions. The ultimate goal is to best serve their clients’ needs”.
According to Anthony Lorrain, Director Unquoted & Traditional Assets at OneLife:
“It is essential to be surrounded by these new key skills from specific areas to represent the industries of private equity, real estate or securitisation. Each customer is different, so we aim to meet their needs in the best way possible by forming a team of specialists who support our sales representatives throughout the life cycle of the contract (wealth engineers specialising in taxation and local contract law, experts in smart investments, etc.)”. He went on to add: “For example, OneLife is a member of the LPEA (Luxembourg Private Equity Association) and wishes to show its commitment to other sectors of business that are complementary to the world of life insurance.”
OneLife is an innovator in life insurance and offers its clients sophisticated, tailor-made solutions. Against a backdrop of low – or even negative – interest rates, non-traditional assets are proving to be a strategic element that insurers must now be able to offer their customers within a controlled and secure framework for all parties.
Non-traditional assets are a real trend in wealth management. As a partner of wealth managers, we have decided to invest – voluntarily and strategically – in our abilities to provide qualitative support in these areas. The world of non-traditional assets is too specialised not to bring in expert services in the field.