julien hayen - p&v group sunum

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Cooperative insurancein Belgium

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Cooperative/mutual insurance in Belgium

An overview

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Belgian insurance market (2012)

Population 11 million

Total premium income

32 billion of which

Life 21 billion

Non Life 11 billion

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Belgian insurance market (2012)

70 insurers

of which 15

mutuals / co-ops

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Belgian mutuals and co-ops market share 2012

Life: 12,5 %

Non-Life: 21,2 %

Total: 15,5 %

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

• PLCs

Main insurance groups

• Mutuals / Co-operatives

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

National representation

UAAM

We are a company unlike others,

But like others, we are a company…

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Who is the P&V Group?

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

The P&V Group today

2007: take-over of ING Insurance.• The P&V Group doubles in size and strengthens its position in the

brokers market• The Belgian insurance market is dominated by brokers (in Non-Life) • The Brand VIVIUM represents ⅔ of the Group’s turnover

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Structure P&V Group

Historical cooperators

Holding

VIVIUM n.v. Piette&Partners n.v. Arces n.v.

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Structure P&V Group

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Market position P&V Group (numbers 2012)

• 6th insurance group • Market share

- Market share Life

- Market share Non-Life

Life:

3,5 %

Non-Life:

6,0 %

4,4 %

1 - AG

2 - KBC

3 - AXA

4 - Ethias

5 - Belfius

6 - P&V Group

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Reason of existence,values, ambitions

Reason of

existenceValues Ambitions

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Reason of existence

To be an important and solid economic actor by promoting the cooperative principles, which we translated like this:

•Striving for the best service at the best price•Creating added value for our customers, intermediaries, staff and cooperators.

•Social responsibility•Solidarity and mutual aid

And this through the development of our insurance activities.

Reason of existence Values Ambitions

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Values

Focus on customers

Respect forevery individual

person

Focus on performance and results

Integrity, Honesty and respect for

engagements

Solidarity

Responsibility

Professionalism

Reason of existence Values Ambitions

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Values

Solidarity

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Values

Responsibility

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Our ambitions

•Top 3 in certain market segments

•Financially solid

•Customer value

•Longterm partnership with our stakeholders

• Individual development of co-workers

Reason of existence Values Ambitions

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The P&V Group is comprised with the brands P&V, VIVIUM, Actel, PNP, and Arces

Thanks for your attention!