MFEX, leader in B2B fund distribution, has been selected by Groupama Gan Vie, the life insurance subsidiary of the Groupama Group, one of the leading mutual insurance groups in France, and thus becomes the sole entry point for investment in UCIs , unit-linked insurance contracts. Groupama Gan Vie will be able to benefit from the platform’s vast network of more than 950 fund companies and 80,000 funds. For MFEX, the agreement is an opportunity to consolidate its position as market leader in France and improve its services for life insurers and fund companies.
Olivier Haguenauer, Global Head of Sales at MFEX, commented:
“We are delighted to have been chosen by Groupama Gan Vie and excited to continue developing the MFEX franchise in France. This success shows that the importance we attach to the proximity with the clients as well as our desire to bring value simultaneously to insurers and fund companies are recognized by the market."
Denis Cohen Bengio, Director of Financial Solutions at Groupama Gan Vie, stated:
“Choosing MFEX will allow us to continue developing smoothly our unit-linked offering, and improve our value-proposition for our clients and distributors. We are glad to be able to rely on their unmatched efficiency and strong sense of commitment on a daily basis.”
ABOUT MFEX:
As independent experts in global fund distribution, MFEX offers a complete solution for fund companies and distributors. With assets under administration of EUR 320 billion, MFEX is one of the leading B2B fund platforms. Over 350 institutional clients (including banks and insurance companies) use MFEX to access one of the world's largest range of funds with 80,000 funds from over 950 fund companies. MFEX offers complete transparency between distributors and fund companies.
The MFEX Group is headquartered in Stockholm and has offices in Paris, Luxembourg, London, Geneva, Zurich, Kuala Lumpur, Milan, Madrid, Umea, Hong Kong, and Singapore. The main supervisory authority is the Swedish Financial Supervisory Authority (Finansinspektionen).
MFEX was founded over 20 years ago and is now active in 52 countries on 5 continents with more than 300 employees. The company is divided into four main business areas:
Trading and custody,
Distribution agreement and rebate collection,
Data and fund information,
Due Diligence / AML & KYC (Global Fund Watch)
More information available at www.mfex.com
ABOUT GROUPAMA GAN VIE:
The Groupama Group's sole life company with €4.0 billion in revenues in 2019, Groupama Gan Vie designs, underwrites, and manages L&H insurance contracts (savings, retirement, personal protection, and health) marketed by the Group's five distribution networks (Groupama's Regional Mutuals, Gan Assurances, Gan Patrimoine, Gan Prévoyance and Gan Eurocourtage).
ABOUT GROUPAMA GROUP:
Backed by its two main brands - Groupama and Gan - Groupama Group, one of France's leading mutual insurance groups, is developing its insurance and service activities in ten countries. The group has 12 million members and customers and 31,500 employees throughout the world, with a turnover of €14.4 billion. Find all the Groupama Group's news on its website (www.groupama.com) and on its Twitter account (@GroupeGroupama).
PRESS CONTACTS:
Groupama Group:
Safia Bouda – Press Relations
Marie-Laure Renaudie – Press Relations
marie-laure.renaudie@groupama.com
MFEX France:
Raphaël Simon – Head of Marketing
