Highlights
Number One in employee savings
Originating from the public / private and mutual sector, formed through a merger between the expertise and resources of Humanis (55%), CNP Assurances (30%) and AG2R La Mondiale (15%). Capitalising on three years of collaboration and close to 590,000 savings accounts, the three groups will build and distribute together an employee savings range that champions its social economy values, providing an alternative to the bancassurance world.
3 more broker partners
In a term creditor insurance market under pressure from regulatory developments and the arrival of new providers, CNP Assurances has set its sights on individual term creditor insurance together with leading wholesale brokers - CBP/iAssure, Assuréa and BPSIs. Three partnerships featuring three innovative offerings underpin CNP Assurances’ open model and its goal of reaching 10% of the individual term creditor insurance market in France(1).
(1) Excluding solutions marketed by bank captives.
Life insurance : 300,000
That is the average number of life insurance policy beneficiaries that, in any one year, have to complete complex formalities following the death of a loved one. CNP Assurances’ online e-beneficiary service provides support for them at what is already a difficult time. That’s a first in the insurance world.
"Ma Santé", A first for Amétis
The first healthcare range for individuals distributed by Amétis, CNP Assurances’ employee network, has all the ingredients for success, including a customisable level of cover for each area of healthcare, access to the Lyfe health portal and to the Group’s assistance services at a highly competitive rate, plus the local support provided by the 220 advisors in the Amétis network.
Lyfe : Expanding range of services
CNP Assurances has forged a growing number of partnerships to boost its digital health services portal. Point Vision, an ophthalmology specialist, gives Lyfe users rapid access to eye care in 25 centres across France. Goalmap, France’s number one well-being coaching app, supports people all the way so that they stick to their resolutions.
Kiwi boosts unit-linked products
Wealth management clients do not like to be kept waiting. CNP Patrimoine is making its Kiwi UC unit-linked system available to its partners. Securities eligibility requests and electronic subscription can be processed instantaneously using it. That should provide a real boost to CNP Patrimoine’s new inflows, which were a very healthy 2,158 million euros in 2018, 44.1% of them unit-linked.
Less than 2 minutes to insure a mobile phone,
Without any deductible or waiting period and with no commitment, using the mobile payment app developed by Lydia. The fintech, supported under the Open CNP programme, reduces insurance to its simplest form, while regenerating CNP Assurances’ products and services, methods and customer base.
Italy : one year of success
The new partnership with UniCredit has got off to a very strong start. CNP UniCredit Vita recorded 3.3 billion euros in net savings / pension inflows, up 29% compared with 2017, and premium income up 15.1% in the burgeoning personal risk market.
Brazil : Agreement in the pipeline
The memorandum of understanding entered into with Caixa Seguridade on 30 August 2018 provides for a new exclusive distribution agreement covering Caixa Econômica’s network in Brazil until 2041. The extent of the new exclusive arrangement, which covers personal risk, consumer finance insurance and pensions, is currently being discussed.
2 more countries for CNP Santander
Belgium and the Netherlands are the latest additions to the subsidiary’s scope, which now encompasses 12 countries in Europe (Germany, Poland, Italy, Spain, Austria, Portugal, Norway, Sweden, Denmark, Finland, Belgium and the Netherlands) with a range of personal risk and consumer finance term creditor insurance solutions.
Cyprus : The buyout of 100%
of its CNP Cyprus Insurance Holdings subsidiary represents the latest move by the Group in its international expansion drive. The subsidiary, the number two insurer in Cyprus, possesses the country’s largest network of independent agents distributing a full range of life and non-life insurance products.