At the end of 2018, MMA was approached to take over, as a lead partner, the Bolloré Group's Property Damage and Business Interruption Insurance Programme.
An international program of €4,800,000 GWP
The package proposed by MMA to the Bolloré Group includes five independent insurance policies for a premium amount of €4,800,000. MMA's share, as a leader, amounts to 60%.
Within the insurance programme, risks are spread over various activities such as transportation and logistics, energy distribution, plastic films and electric mobility. All this in various geographical areas, such as France, Canada, the US, India and Africa, where MMA has partners via the INI/GLOBUS Network.
Globus, the added value of INI
The collaboration between INI and Globus makes it possible to carry out the Bolloré Group’s property programme by offering competitive insurance conditions in 20 African countries.
A coveted Client
Created in 1822, the Bolloré Group is one of the 500 largest companies in the world. Listed on the stock exchange, it is still controlled by the Bolloré family.
By becoming the main insurer of its insurance program, MMA is sending a strong signal to all market players, clients and brokers about its willingness and ability to handle a major international programme. MMA and INI have become a technical and structured alternative to offer complex and multi-activity insurance solutions on an international scale.
A collective success story
The successful implementation of this major account is the result of the mobilization of all MMA resources: Global Underwriting, Back-Office, Loss Prevention, Claims, Senior Management, with the support of the INI Network.
The Bolloré group in figures (2018)
- + 81,000 employees in 12 countries
- 1.3 billion euros in operating income
- 23 billion euros in revenue
- 28 billion in equity capital