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Covéa AIS Print E-mail

The largest claims management organisation in France


As the core business of the mutual insurance companies having joined the SGAM, claims management was the first co-operation project within Covéa.

Today, Covéa AIS (Assistance, Compensation, Services) manages the claims files of GMF, MAAF and MMA and their partners as part of a pragmatic organisation, in which the two principal objectives are improving services and controlling costs, with direct benefits for the policy-holders: providing enhanced services and keeping tariffs attractive.

It constitutes the largest claims management organisation in France :
  • Nearly 20% of the market share, in property and liability insurance
  • 3 million claims managed per annum (including 2 million in Car insurance)
  • 4,200 employees.

Inventing the future

Reconciling the requirements of cross-functionality, performance and legibility, the structure dedicated to claims management has shown how effective it can be. 95% of its teams work for their own brand name, the others in three Performance Poles: car and material injury claims, material, fire and casualty insurance claims (IRD) and bodily injury claims. These poles manage the common policies and the unified networks of suppliers and carry out growth experiments.

Covéa AIS pursues its strategy in 4 directions (the "4 S") :
• Style of compensation: dispatching, lead-times, initiatives and skills to improve customer loyalty,
• Solidarity with the networks: using the settlement of a claim to obtain further knowledge about customers in order to optimise the response to their needs,
• Slenderness of costs: switching from a rationale based on settlements to managing total loss experience by developing a new concept: Expected Performance compared with Observed Performance,
• Science of Claims: identifying new levers to control costs and quantify the parameters involved in claims, for a finer approach of risks and customers.
It has several major assets :
  • its size,
  • quality portfolios,
  • centralised management on telephone platforms,
  • FIDELIA, a proper assistance company within the Group,
  • a large number of performance accelerators such as the Internet, Electronic Document Management (EDM) and remote damage surveys (RDS).

« Its innovative strategy makes Covéa AIS a benchmark on the market. By integrating Assistance, Compensation and Services, it has overhauled the settlement of claims in France with a major asset: its 20% market share as a springboard to design breakthrough scenarios. »
Michel Gougnard, Executive Vice-president of Covéa AIS
 
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