Paris, 18 Decembre 2017
Malakoff Médéric and CNP Assurances conclude a distribution and reinsurance agreement covering the self-employed professional
and individual market segments
CNP Assurances and Malakoff Médéric have signed a five-year agreement to develop health and personal protection insurance and wealth management savings products for their respective clienteles of non-salaried workers, executives and individuals.
The CNP Assurances group’s Amétis network will offer Malakoff Médéric’s non-salaried and executive clients a comprehensive approach to personal and wealth protection strategies. The Amétis network comprises 220 advisers, including 86 with wealth management and personal protection certification, located throughout France and specialised in loyalty building through one-on-one counselling and their ability to provide global protection solutions. This commercial partnership reinforces the multi-partnership strategy of CNP Assurances and its development efforts in the personal protection and wealth building market segments for professionals and individuals.
Via its distance selling platform, the partnership will enable Malakoff Médéric to increase its growth in the individual health and funeral insurance segments by providing access to the individual clients of CNP Assurances. It will also enable Malakoff Médéric to accelerate its development in the non-salaried and executive market segment by building the loyalty of its entrepreneurial clientele through the provision of multiple coverage solutions.
“This agreement is in keeping with our open-architecture partnership strategy. Our objective is to capitalise on the synergies between our two groups by optimising our distribution capacity with individual clients, and by offering our non-salaried and salaried executive clientele a global solution,” said Thomas Saunier, Malakoff Médéric’s CEO.
“This agreement, based on the principle of balanced distribution and reinsurance, is fully consistent with the development strategy of CNP Assurances in the personal protection and wealth building market segments. Pilot testing carried out during 2017 has already demonstrated that our two groups are able to join forces and work together in agile mode to offer their clients a complementary global protection solution in line with their concerns.” said CNP Assurances CEO Frédéric Lavenir.