Radar > 234582

April Group to enter microinsurance segment in Brazil

April Group vai entrar no segmento de micro seguros no Brasil

Intel ID : 234582
Synopsis

April Group (Euronext Paris:APR), a French insurance company, will use its sales platform in Brazil to enter the microinsurance segment, as published by newspaper Valor Econômico on 8 March 2016, citing its CFO, Luiz Azambuja.

According to the news, the company will use the retail platform to sell insurance policies and travel assistance, which it has in Brazil since 2010, to launch a retail operation to sell microinsurance with different coverage, such as home, health and even funeral.

According to Azambuja, "The company is changing its profile in Brazil, from a tourism company to an insurance company. This is part of April's global plan, since over 80% of its revenues are generated in France. The plan is to increase its international sales.
(content in portuguese)

A April Group (Euronext Paris:APR), empresa francesa de seguros, vai usar sua plataforma de vendas no Brasil para entrar no segmento de micro seguros, segundo publicou o Valor Econômico em 8 de março de 2016, citando ao diretor financeiro da April Brasil, Luiz Azambuja.

De acordo com a notícia, a empresa francesa vai usar a plataforma de vendas de apólices e assistência viagem que a companhia tem no Brasil desde 2010 para lançar uma operação de varejo para comercializar no país micros seguros, para coberturas variadas, de residências, a saúde e até funeral.

Segundo Luiz Azambuja, “A companhia está mudando de perfil no Brasil, de uma empresa de turismo para uma empresa de seguros. Isso faz parte do plano global da April, que tem mais de 80% do faturamento concentrados na França. O plano é aumentar a fatia internacional.”

Bidder


Intel ID 234582
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - April Group
(31 Dec 2016)
Revenue: EUR 877,63m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.