Europ Assistance & Global Business Lines
To meet the corporate sector's complex and diverse needs, the Generali Group has developed an insurance offering platform unique to the market.
Europ Assistance falls within the scope of responsibility of the Country Manager France & Europ Assistance;
Generali Global Business Lines (GBL) fall within the scope of responsibility of the Country Manager & CEO of Generali Country Italia and Global Business Lines, support companies of global reach with a complete insurance offer. The GBLs include two units: Generali Global Corporate & Commercial and Generali Employees Benefits.
Established in 1963, EA, which falls within the scope of responsibility of the Country Manager France, is one of the leading global brands in the field of private assistance. Today it is present in over 200 countries and territories, supported by its 41 assistance centres and its network of 750 partner suppliers. EA offers insurance coverage and assistance in the travel sector, the automotive area with road-side assistance, and personalised coverage for assisting the elderly, cyber-security, and medical and concierge services. In 2019, the EA Group’s total turnover came to € 1.9 billion, up 10% compared to the previous year.
EA continues to pursue a growth strategy focused on strengthening its leadership position in the travel sector, at the same time expanding and diversifying its offer of motor and personal assistance products. The goal is to reach € 2.4 billion in revenues by 2022. One important step in this direction was taken in early 2019 with the acquisition of TripMate in the USA, a company operating in the travel insurance sector. Thanks to this operation, Generali Global Assistance now is positioned as the third largest operator in the travel insurance market in the USA, and significantly contributes to the global reinforcement of the EA Group in this sector.
GLOBAL BUSINESS LINES
Figures as at December 31, 2019
Generali Global Business Lines (GBL) support companies of global reach with a complete insurance offer. The GBLs include two units: Generali Global Corporate & Commercial and Generali Employees Benefits, which offer medium to large companies flexible and smart insurance services and solution in the Life and P&C segments, health protection and pension plans for local and global employees of multinational companies.
Global Corporate and Commercial (GC&C)
GC&C offre soluzioni assicurative e servizi Danni a imprese medio-grandi e intermediari in oltre 160 paesi nel mondo. Grazie alla solida esperienza globale e alla conoscenza dei mercati locali e del settore corporate, vengono offerte soluzioni integrate e personalizzabili in property, casualty, engineering, marine, aviation, cyber e specialty risks. Inoltre, attraverso gli esperti di Multinational Programs, Claims e Loss Prevention, GC&C garantisce alle imprese lo stesso livello di assistenza e protezione in ogni parte del mondo. GC&C ha raccolto un volume premi complessivo di € 2 miliardi nel 2019.
Generali Employee Benefits (GEB)
GEB è un network integrato che offre servizi ai dipendenti di società multinazionali consistenti in coperture di puro rischio, vita e malattia e piani pensione sia per i dipendenti locali che espatriati. Presente in più di 100 paesi e con più di 400 programmi multinazionali coordinati (di cui circa 40 captive), oggi GEB è market leader per imprese multinazionali, con volume premi pari a € 1,5 miliardi. Dal 2019 GEB opera attraverso il nuovo branch in Lussemburgo, interamente dedicato al business employee benefit. Inoltre, da settembre 2019, GEB include Generali Global Health (GGH), divisione del Gruppo Generali dedicata al settore di International Private Medical Insurance (IPMI). GGH ha realizzato nel 2019 un volume premi pari a circa € 0,2 miliardi.
Generali Vitality Gmbh is the business unit and competence center for the development of the Generali Vitality project in Europe to encourage and reward healthy behaviour for customers seeking a healthier lifestyle.
The purpose of this educational prevention initiative is to encourage participants to improve their overall well-being condition, while also reducing expenses for medical care. In fact, there is a rewarding system for those who regularly exercise, maintain a good dietand make regular medical check-ups. From 2016 this program is available in Germany, France and Austria, and the extension to other countries is planned for the future. The company manages product development and program management throughout Europe.