Paris, 7 July 2016

CNP Assurances, France's number one provider of personal insurance, and the social protection group Klesia have finalised a distribution agreement protocol for insurance products and services based on a shared understanding of the two groups' strategic concerns.

'Beyond the already long-standing relationship between CNP Assurances and Klesia - we were already a reinsurer of Klesia solutions - the two companies share a large number of values, and we complement each other's offering of products and services to our clients. Through this partnership we wish to develop our activity in the area of social protection, in particular targeting very small and small and medium-sized enterprises and relying on the expertise of our Amétis network, with the aim of becoming the leader for this sector in France by 2020', said Magaly Siméon, head of CNP Assurances' social security and services business unit.

'The synergies between our two groups, in addition to our desire to innovate together, are key factors in the success of our partnership. This agreement will allow us to strengthen the close ties with and regular monitoring of our long-standing clients, in addition to creating customer loyalty thanks to a broader offering', stated Catherine Abiven, Deputy CEO of Klesia.

The Amétis and CNP Assurances network, boasting 230 advisers based throughout the whole of France (of whom 70 are certified in wealth management) will now be offering a global selection of products and services (retirement, accident and health insurance) mainly for self-employed clients in addition to Klesia's very small enterprise clients.

Klesia, which receives 60% of its turnover from company personnel insurance across several peer industry sectors (transportation, tourism and local businesses, health care and the consulting and services sector) will therefore be able to benefit from a larger sales force.

In the transportation sector, for example, Klesia will be able to count on specialists from the Amétis network to offer associated products (health, protection, additional retirement) and services to companies with a workforce of 4-20 employees, if they do not already have a relationship with another internal or external Klesia network. Amétis network advisers will be trained by a dedicated team of Klesia professionals on the particularities of the transportation sector's social protection regime and its developments. They will become a team of expert representatives for this professional sector.

CNP Assurances SA published this content on 07 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 July 2016 15:43:04 UTC.

Original documenthttp://www.cnp.fr/en/Journalist/All-our-press-releases/2016/CNP-Assurances-and-Klesia-finalise-a-distribution-agreement-protocol

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