Hamburg, 18.11.2024 – Signal Iduna and Hallesche have founded the company PPV+ GmbH, which is to offer standardized services related to long-term care insurance. For this purpose, PPV+, together with an external software provider, will provide a cloud-based software solution for processing invoices and paying benefits to customers. Responsibility for reimbursement and customer service remains with the respective private long-term care insurers.
Signal Iduna and Hallesche each hold 45 percent of the shares in PPV+. LM+, a joint venture of Barmenia Krankenversicherung AG, Gothaer Krankenversicherung AG, Hallesche Krankenversicherung a. G. and Signal Iduna Krankenversicherung a. G., holds ten percent. Other private long-term care insurers can also use the services of PPV+ under the same conditions without becoming shareholders.
A CMS team led by partner Dr Eckart Gottschalk provided comprehensive legal advice to the parties in connection with the project. A particular focus of the advice was on the structuring of the joint venture. After approval by the Federal Cartel Office, the merger has already been completed.
After completion, a CMS team led by partner Philipp Lotze will advise the joint venture on the further design of the software contracts.
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