Insuring individuals
CNP Assurances, a subsidiary of Caisse des Dépôts which has been insuring individuals for 150 years, is the eader n the French insurance market. To help its clients to protect themselves against the vagaries of life, it offers a huge range o products : life insurance saving, retirement, contingency funds and loan coverage. It has 23 million people insured for saving and contingency funds, and 17 millions for loan coverage .
With increasing life expectancy, and faced with the uncertainties which are affecting the social protection schemes established in the wake of the Second World War, a growing number of people are taking out insurance products. They allow people to save, improve their retirement and protect themselves against the risks of life: incapacity, invalidity and of course death.
It is to support them that CNP Assurances offers a wide range of products and services, anticipating their requirements and responding to their needs, whether for individual or group premium insurance.
A strategy for long-term partnerships
CNP Assurances markets its individual premium insurance projects via two large partners, La Banque Postale and Caisses d'Epargne (nearly 21,000 outlets in France) and via the CNP Trésor network (over 300 consultants).
In the area of group insurance, which is 22% of it trunover in 2011, CNP Assurances group delivers retirement, contingency and loan coverage products with its partners. It works so with over 300 financial institutions, 20,000 local authorities and hospitals, 4,600 companies and many associations. CNP Assurances is also a longstanding partner of mutual associations.
Internationally, CNP Assurances is present in 10 countries, most in South Europe and South America. It has about 400,000 outlets in Brazil, in2,000 agencies of Italian group Unicredit, in the network of some Savings Banks in Spain, etc.
Intenational affairs are 20% of the turnover of the CNP Assurances group in 2011.
Life insurance savings are the most popular type of investment in France.
Thanks to medium- or long-term life insurance, the insured party has access to a highly flexible product to build up or pass on capital, fund a project or improve his or her quality of life. The savings are safe on products in euro: whatever is the evolution of markets, the capital and the acquired interests are guaranteed to the people insured with these products. Toscane, Aïkido, CNP Trésor Performance, CNP Patrimoine Liberté Plus…are all products which satisfy users' insurance needs.
Retirement products are aimed at private individuals (PERP) and companies, for which the Caisse des Dépôts subsidiary is a valued partner. The CNP Assurances group offers a huge range of group insurance products: contracts with contributions and with defined services, contracts for end of career allowance, Savings Plan for the Group Retirement (French acronym: Perco)…For example, CNP Assurances manages the Préfon scheme aimed at civil servants. It also has solid experience in the area of life annuities.
CNP Assurances was a pioneer for contingency products. It offers today a range of contingency products: complementary health insurance, death, invalidity or incapacity insurance, insurance against the loss of independence, funeral insurance cover and loan protection insurance. CNP Assurances is a leader in loan protection insurance, which makes it easier to access credit and avoids the seizure of a real estate property in the event of the death or invalidity of the insured party. CNP Insurances is also the first player in collective dependence. Finally, to meet closer the needs of the insured persons, CNP Insurances completes its financial offer by a range of services and prevention via its specialists in individual assistance.
