Crédit Mutuel and Allianz want to form a partnership in commercial insurance

Posted September 28, 2022, at 07.00Updated on September 28, 2022 at 07.34

Crédit Mutuel is a pioneer in bancassurance and wants to take its model one step further. Already well established in personal insurance, the mutualist group now wants to equip its business customers with the help of Allianz France, a subsidiary of the German insurance company Allianz.

Since Assurances du Crédit Mutuel (ACM) specializes in personal and professional insurance, the bank wants to distribute Allianz France multi-risk business products in its branches and in its subsidiary CIC. The future offer will also include crop insurance from La Rurale, a specialized subsidiary of Allianz, at a time when the players in this market are preparing for the reform of the regime, which was adopted on Monday in the finance law.

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