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JDC Group announced it has added one of Europe’s largest insurance companies as a client. The agency network of the co-operation partner, which we believe could be Allianz, will be supported in the third-party insurance business as a technology and service provider. This is an offering JDC also has for S-bank-related insurers (eg Provinzial and VKB) and co-operative bank-related insurers (eg R+V Versicherung). We estimate no revenues from this new client before 2025.
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