Engaging Financial Services Teams with Accenture to Launch New Usage-Based Insurance
“Mobilize Insurance” to develop the Renault group’s usage-based motor insurance business in Europe
PARIS; November 8, 2022 – Mobilize Financial Services, a subsidiary of Renault Group, announces the launch of Mobilize Insurance, a motor insurance specialist for the European market which will offer integrated usage-based motor insurance for Renault, Dacia and Alpine customers. As part of the group’s ambition to create sustainable mobility for all, Mobilize Insurance will offer a “pay as you drive” insurance model, with personalized rates and offers.
Mobilize Financial Services is collaborating with global professional services firm Accenture (NYSE:ACN) to build and operate the end-to-end insurance platform, with the goal of creating optimized and unique experiences across the customer journey, sales and loyalty to complaints. process, enabled by an integrated insurance solution that leverages car connectivity.
João Leandro, CEO of Mobilize Financial Services, said: “We are moving from selling cars to selling miles, in response to the rise of connected vehicles and the growing demand for personalized services that meet the needs of our customers. in real time. We believe this is an unprecedented development in the European market, which intersects with the automotive and insurance sectors. »
“New business models, enabled by technology, will need to be implemented to stay relevant to customers, accelerate the transition to net zero, and drive future growth,” said Jean-Marc Ollagnier, CEO of Accenture for Europe. “The launch of Mobilize Financial Services is a great example of what it is doing using industry-specific and cross-industry best practices, helping to shape the mobility market of tomorrow.
About Mobilize Financial Services
As a partner at the service of all its customers, Mobilize Financial Services builds innovative financial services to create sustainable mobility for all. A subsidiary of the Renault Group, whose activity began almost 100 years ago, Mobilize Financial Services is the commercial brand of RCI Banque SA, a French bank specializing in automobile financing and services for Alliance customers and dealers. Present in 36 countries and with nearly 4,000 employees, the group financed more than 1.4 million contracts (new and used vehicles) in 2021 and sold 4.7 million services. At the end of 2021, average performing assets amounted to €44.8 billion in financing and pre-tax income at €1,194 million. Since 2012, the group has deployed a deposit collection activity in several countries. At the end of December 2021, net deposits collected amounted to 21 billion euros, or 47% of the company’s net assets. To learn more about Mobilize Financial Services: www.mobilize-fs.com.
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