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Suravenir is expanding partnerships from its new base in Brest - Business Journal - Finister.

Suravenir is expanding partnerships from its new base in Brest - Business Journal - Finister.

Suravenir is expanding partnerships from its new base in Brest - Business Journal - Finister.

Suravenir continues its development from Brest, where the company has employed over 400 staff in nearly 35 different professions, as well as around 20 employees in Paris and the surrounding regions. To further its growth, the subsidiary of Crédit Mutuel Arkéa, which specializes in life insurance and social insurance and has assets of 50 billion euros (with a 1% increase in 2022), ranks among the top 10 life insurance companies in France. It has hired about 40 new employees over the past two years and is currently planning to hire another ten. To better accommodate the growing workforce, it has opened a new headquarters in Brest, just a stone's throw from the old one. The investment amounted to 3 million euros for the renovation of a 4,000 square meter building dating back to the 1990s.

In a highly competitive life insurance market, Suravenir has raised gross funds of 4.5 billion euros. "Our uniqueness lies in the fact that we do not distribute our products directly," explains François-Régis Bernicot, Chairman of the Board of Suravenir. "We work through distributors such as Crédit Mutuel Arkéa, Fortuneo, or Yomoni. Additionally, we have established numerous partnerships with asset management consulting firms, and 65% of our activities involve external partners," he says. Among recent partnerships, he mentions their equity participation in Nexity, the largest player in the real estate market, with whom they are launching a fully digital life insurance contract, as well as with the startup Colbr, an online private bank, with whom they are launching an offering for young people.

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This allows them to expand their online distribution channels.

“Another feature of Suravenir is that we invest heavily in our regions. For example, we have 170 million euros in assets in the hospitals of Brest and Bordeaux,” emphasizes François-Régis Bernicot. “Another important aspect of our strategy is our active policy on sustainable financing,” the president highlights. “We are ahead of schedule by five years, completely eliminating our exposure to funds related to the coal industry. We are also actively investing in green bonds and do not allow the inclusion of funds that do not meet our ESG criteria. We are also implementing funds with a positive impact, and in March of this year, we created the Suravenir Infrastructures Durables fund with Swen Capital Partners. Through all these actions, our goal is to direct our clients' savings towards financing transitions,” explains François-Régis Bernicot. This RSE commitment is also reflected within the company, with Suravenir committing to reduce its carbon footprint by 16% by 2024.

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