Clifford Chance advises Generali on the acquisition of Swiss Life’s Employee Benefits Network, establishing the world’s leading employee benefits platform

Global law firm Clifford Chance has advised Generali Group on its acquisition of Swiss Life’s Employee Benefits Network (SLN) through its Generali Employee Benefits (GEB) division. This strategic transaction, once closing will have occurred, will result in the creation of the world’s largest employee benefits network, managing over €3 billion in premiums and operating in more than 130 countries with nearly 200 network partners.

Following a transitional period, the network will operate under a new brand, expected to be unveiled in the first half of 2026.

This transaction reinforces Generali’s position as a global leader in employee benefits, setting new standards in service, innovation, and flexibility for multinational clients.

Christian Kremer, Senior Partner at Clifford Chance Luxembourg, said: “This transaction is a testament to our team’s cross-border and cross-practice expertise and our commitment to supporting clients on their most complex and strategic matters.”

The core Clifford Chance team was led by Christian Kremer (Senior Partner, Corporate and M&A, Luxembourg), supported by Simone Schmitt (Counsel, Corporate and M&A, Luxembourg), Boika Deleva (Counsel, Regulatory, Luxembourg), Philippe Sadler (Senior Associate, Corporate and M&A, Luxembourg), John Ted (Senior Associate, Employment/Litigation & Dispute Resolution, Luxembourg, Luxembourg), and Jens Müller (Associate, Corporate and M&A, Luxembourg).

The core team was further supported by colleagues from both Luxembourg and Brussels, including Anastasios Tomtsis (Partner, Antitrust, Brussels), Ada Schmitt (Partner, Employment/Litigation & Dispute Resolution, Luxembourg), Nivi Balaji (Counsel, Antitrust, Brussels), Isadora Rousselle (Senior Associate, Regulatory, Luxembourg), Sandeep Ravikumar (Senior Associate, Antitrust, Brussels), Charles-Henri Laevens (Senior Associate, IT/IP, Luxembourg), Laura Zsarnai (Associate, Antitrust, Brussels), Marie Georg (Trainee Lawyer, Corporate and M&A, Luxembourg), Ada Castelar Garau (Trainee Lawyer, Regulatory, Luxembourg), Caroline Felici (Trainee Lawyer, Employment/Litigation & Dispute Resolution, Luxembourg), and Romi Grumberg (Trainee Lawyer, Employment/Litigation & Dispute Resolution, Luxembourg).