In terms of occupational pensions, corporate customers have so far been able to choose between two pension models: Either full insurance (maximum security, higher premiums, moderate return opportunities) or a semi-autonomous solution (higher risks, lower premiums, higher return opportunities).

With Pax DuoStar, Pax is launching a unique model in Switzerland that ideally combines the advantages of both models. The big challenge was to create an innovation within the legal and regulatory framework that represents an attractive alternative for customers, enables efficient operation and can be implemented in practice. This has been impressively achieved with Pax DuoStar.

• Project management
  • From project set-up to project completion (2.5 years)
  • Three phases: conception of business model and offer, implementation and launch
  • Hybrid project management (classic conception, agile technical implementation and launch)
  • Pax executive board as project steering committee

• Overall responsibility for technical implementation
  • Planning and coordination of the technical implementation
  • Central interface for the coordination of the technical requirements with the development and the acceptance
  • Methodical support in business analysis for agile technical implementation and acceptance

1. Conception of an alternative BVG Swiss precautionary model that is profitable and appeals to new customer groups
2. Clarification of all regulatory, legal, professional and technical show stoppers
3. Technical implementation in the administration system with the lowest possible complexity for customers and operation
4. Establishing a new collective foundation for this offer
5. Market launch at the end of March 2021 with a large-scale launch campaign

Pax, Swiss Life Insurance Company Ltd, is organized under the cooperative roof of Pax Holding (cooperative) and offers tailor-made solutions for private and occupational pensions. Pax customers are also members of the cooperative. They benefit from sustainable management and participate in the company's financial success. Credible, forward-looking, direct - this is how Pax designs its relationship with its customers, partners and employees.