Swiss-founded wealth protection and life insurance advisory firm 1291 Group announced that it has acquired International Planning Group (IPG), strengthening the company’s position across the Americas and expanding its access to the U.S. life insurance market.
The acquisition gives 1291 Group onshore access to the United States, the world’s largest life insurance market, along with access to U.S.-domiciled insurance carriers and products. The company said the transaction will accelerate its growth throughout the Americas while broadening its exposure to traditional life insurance offerings.
IPG is known for developing sophisticated life insurance-based wealth-structuring strategies for high-net-worth families and executive benefit programs for companies worldwide. The company has operated across the Americas for decades and built relationships with wealthy families, advisers, and corporate clients.
Following the acquisition, 1291 Group Americas will continue operating IPG under its existing brand as a wholly owned subsidiary for a transitional period. Financial terms of the deal were not disclosed.
The acquisition is also expected to enhance services for high-net-worth families with U.S. ties by enabling the combined company to deliver more comprehensive and compliant long-term wealth-structuring solutions.
Founded in Switzerland, 1291 Group provides life insurance and wealth protection solutions for family wealth preservation across generations. The company operates offices worldwide, holds licenses in more than 35 countries, and offers tax-compliant solutions in over 60 countries.
KEY QUOTES:
“We are honored to continue the legacy of this pioneering company that has played such a significant role in traditional life insurance across the Americas, Asia and the Middle East. By bringing our respective strengths together, we are creating a far stronger platform with greater reach and capability for the families and advisers we serve.”
Marc-André Sola, Founder, 1291 Group
“I am confident that 1291 Group is the right step for our clients, our team, and the relationships we have carefully cultivated. The businesses are highly complementary, with a shared culture of placing the needs of clients first. I look forward to the continued service and stability that will follow.”
Jon Baker, Founder, IPG
“I am both thrilled and humbled to lead the new business in the Americas. This acquisition will yield an organization unmatched in the industry. We remain focused on delivering seamless continuity while leveraging enhanced capabilities to serve clients across the Americas.”
Peter Guglietta, CEO, 1291 Group Americas And Group Head Of Products
