CNP ASSURANCES Paris, 22 January 2015
CNP Assurances, leader in personal insurance in France, and Nortia, the reference private wealth management consultant platform, announce the signing of a distribution agreement for CNP Assurances' wealth management offering.
This brokerage partnership agreement consists of developing CNP Assurances and Nortia's portfolio of private wealth management consultants (CGPIs).
Under this framework, CNP Patrimoine, the entity dedicated to CNP Assurances' wealth management business, is to combine its know-how in wealth management and financial engineering with Nortia's distribution capacities and its historical expertise in designing financial solutions (especially unit-linked products). The partnership will also benefit from Nortia's technological innovations with the company having recently integrated the digital signature.
With this agreement, CNP Assurance is pursuing the roll-out of its development strategy in the Wealth Management market with the support of its new wealth management offering and major partner-distributors.
For Nortia, the aim of this new partnership is to enable its network of partner CGPIs to benefit from a leading name in the insurance sector and thereby stand out in the upscale client segment.
"Expanding the upscale segment of our savings business is one of the Group's priorities, via CNP Patrimoine, our unit dedicated to wealth management clients. Our strategy is particularly based on a selective distribution policy via the intermediary of recognised partners, including Nortia" stated Frédéric Lavenir, CEO of CNP Assurances.
"Nortia has always designed and distributed top-of-the-range and innovative Life Insurance policies and Capital Redemption bonds. For us, this new partnership is an opportunity to continue our development and to provide a new offering to our private wealth management partners", commented Vincent Dubois, CEO of Nortia.
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