A key bank-insurance player
We are the life and capitalisation insurance company of the Société Générale group. Our business is designing, developing and managing savings and personal protection products to be marketed primarily through the Société Générale network in France and abroad.
Our strength: a unique positioning on the market
Supported by strong integration with the Société Générale network in terms of marketing, product range, financial management and sales force management, we have chosen to buy in to the brand of the bank which markets our products(for example: Société Générale in France, NSGB Life in Egypt, and KB in the Czech Republic).
However, our professional expertise and our knowledge of the life insurance market enables our teams to support the bank network in designing and commercialising the products (marketing, training, sales development, technical support, etc.) and in their everyday management.
Four main businesses
We design savings products, personal protection products, retirement savings products for companies, and insurance lender products.
Today these businesses represent:
- 6,8 million current policies
- Almost 65 billion euros of assets under management (at 31/12/2006)
- turnover of 8.8 billion euros in 2007
- the 6th-ranking life insurer in France, with a 6.5% market share
- the 4th-ranking bank-insurer with a 14% market share in this segment which accounts for 60% of total life insurance sales in France on its own.
Professional expertise and commercial success reflected in financial press award
In 2006 and over a number of years we have received many awards:
- 5 life insurance Oscars awarded by the magazine "Gestion de Fortune"
- 1 life insurance trophy from "Le Revenu"
- 1 Silver Palm awarded by "Le Journal des Finances"
- 2 First Prizes in the "AGEFI ACTIFS" Grand Prix for popular retirement savings plans (PERP)
- 5 Labels of Excellence awarded by "Les Dossiers de l'Epargne"
Ambitious international expansion
Société Générale Insurance is the generic brand of our business line on international markets.
Thanks to the success of the bank-insurance model in France, and the quick development of the Société Générale group's businesses on international markets, we have already extended our presence to more than 10 countries.
By adapting to the diversity of demand from the Société Générale group networks, we are expanding our operations stage by stage alongside the Group:
- first through individual personal protection and insurance lender products for the emerging markets,
- then through savings products for more mature markets,
- and finally by retirement savings and the financing of the employee benefit obligations of companies.
Our key priority: to encourage and facilitate the sharing of skills, versatility and the exchange of experience in small, tight-knit teams.