France: The Credit du Nord Group becomes the preferred partner for future Aviva France general agents

Aviva France, a major player in life insurance and long-term savings, asset management and non-life insurance, and the Crédit du Nord Group announce the signing of a partnership agreement that aims to facilitate account opening and portfolio financing for future Aviva general agents.

Aviva France, a major player in life insurance and long-term savings, asset management and non-life insurance, and the Crédit du Nord Group announce the signing of a partnership agreement that aims to facilitate account opening and portfolio financing for future Aviva general agents. This agreement is a unique asset for Aviva in the recruitment of agents.

This offer dedicated to Aviva general agents includes special conditions:

  • A response to professional financing needs
  • Management of the Aviva general agent’s account
  • Management of the Overheads account
  • Management of the personal account

The offer is tailored to the specific needs of Aviva general agents and draws on the main strengths of the Crédit du Nord Group, particularly its proximity, outstanding customer satisfaction and high degree of professionalism.

Moreover, this partnership will give future Aviva general agents a turnkey solution with an Aviva partner bank that fully understands the financial issues related to setting up as a general agent. Aviva hopes that it will help with its recruitment of new agents. The Crédit du Nord Group, meanwhile, will now benefit from access to Aviva’s network of general agents.

Aviva France and the Crédit du Nord Group have been partners since 2004 in the Antarius joint venture, which markets insurance policies through the 781 branches of the Crédit du Nord Group. The Antarius joint venture has 270,000 customers.

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Press contacts:

Crédit du Nord Group
Sylvie Aussavis                                  
Telephone: +33 (0)1 4022 5321
E-mail: sylvie.aussavis@cdn.fr

Aviva
Estelle Joubert                                   
Telephone: +33 (0)1 7662 5786
E-mail: estelle_joubert@aviva.fr

Fanny Bezol                                       
Telephone: +33 (0)1 4704 1953
E-mail: fbezol@agencezap.com

Notes to editors:

About the Crédit du Nord Group
The Crédit du Nord Group is the product of the joining of some 80 regional establishments that, for more than 160 years, have pooled their strengths and talents. Today, it is made up of seven banks – Courtois, Kolb, Laydernier, Nuger, Rhône-Alpes, Tarneaud and Crédit du Nord –, one asset management company, Etoile Gestion, and one stock-broking house, Gilbert Dupont.

The Group’s 8,600 employees and network of 781 branches are at the service of 1.39 million private customers, 191,000 professionals and associations, and 33,300 businesses and institutions. The various entities of the Crédit du Nord Group enjoy considerable independence in the management of their activities, which translates into quick decision-making and excellent responsiveness to customers’ needs.

The strategy of the Group’s banks is structured around three key goals:

  • Remain a benchmark in terms of the quality of their customer relations,
  • Develop a high level of individual and collective professionalism,
  • Offer the most advanced services and technologies to their customers.

The quality and solidity of Crédit du Nord Group’s results are recognised by the market and confirmed by the long-term A+ rating assigned by Standard & Poor’s and the long-term A rating assigned by Fitch.

About Aviva
Aviva is the world’s fifth-largest insurance group*, with 50 million customers throughout Europe, North America and the Asia Pacific region. Aviva’s principal business activities are: life insurance and long-term savings, fund management and general insurance. At 31 December 2008, Aviva had turnover of €64.3 billion, with €393 billion of assets under management. Aviva is the largest insurer in the UK and one of the main providers of life insurance and pension products in Europe.

A selection of images and all the press releases from the Aviva Group are available in the press area www.aviva.com/media. Videos can also be downloaded from the site our video section.

With more than 180 years’ experience in France, Aviva is among the top ten players in the insurance market. Aviva France operates a balanced multi-distribution model based on a comprehensive range of products, mainly designed for individuals and SMEs. Some 900 general agents, 1,800 branch staff, 400 life insurance advisers, almost 900 wealth management advisers (Union Financière de France) and more than 1,000 active partner brokers are at the service of 3 million clients every day. Aviva has developed unique expertise in building effective partnerships for the benefit of its clients, particularly with AFER, the largest savings association in France, and the Crédit du Nord, Société Générale, Ford and Médéric groups. Specialising in unit-linked products, Aviva is recognised for the excellent performance of its long-term funds, the quality and innovation of its products, and solid commitment to its customers through its Good Advice approach. Aviva France is a socially responsible company and has developed initiatives that include reducing and neutralising its CO2 emissions, supporting more than 250 projects to help children and the elderly through the Aviva Foundation, and implementing an acclaimed diversity policy.

The Aviva Group directly employs more than 4,700 staff in France. At 31 December 2008, Aviva France reported consolidated sales of €6.0 billion and an IFRS-based net profit of €130 million. The company managed assets worth €69.6 billion at 31 December 2008.

*Based on gross worldwide premiums at 31 December 2007.

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