B2C

Objectives:

1. EPI 7m€ EPI, 60% RE
2. Snow product live by Nov

RO: Isabelle

PO: Thibaut

OO: Cédric

• Aindriu to have a call with McGill actuaries (max 30 min)
• Reply to them - VEL
• JCA to write the pricing memo
• Triage report / Pricing memo
• Original policies checked (SKi only)
• Intro call to Christian/Vito of ISK
• Due Diligence scheduled in December - completed
• Claims DD session by VC
• Workshop BDX on 28.11 by VC
• Align TOBA - they prefer to use their template which is incomplete for us
• Due diligence report
• Sign Claims Agreement
• First premium bordereau and payment transfer
• Make claims working capital funds transfer (B2C to confirm estimated amount)
• Premium & claims bdx format reviewed and agreed
• We asked for exposure data on short-tail products - open question on loss ratio development - technical meeting
• Get tax advice on withholding income tax (from distributors)
• Requested Working Capital estimations for future periods
• Sign TOBA - reviewing B2C comments
• Need to confirm Class 3 requirement for Multimobility / Bike - not required
• Need to confirm licence 17 for legal protection for the other products - APPROVED!
• Exchange on Garage coverage potential
• Exchange on hotels coverage potential - will probably not fly
• Receive wordings /pricing additional short-tail products ( Multisports, Dottopet, Bikeplatinum, Multimobility)
• Update IPIDs after June 25
• Data for Motoplatinum
• UW /Pricing memo Motoplatinum (see pipeline)
• Green Card claims discussion
• Overpayment of premium by B2C - need to recover taxes
• Motor own product proposal - declined
• VdA tender approach agreed
• VDA tender submitted on 25.8
• Axeria to approve final documentation
• Recover taxes from overpayment - RECEIVED (communicate to B2C)
• Multisport launch
• Snowlessons launch
• Revised Snowcare launch
• Wording discussion for Vallée d’Aoste
• Amendment TOBA and Claims agreement
• Tax for Snowcare product
• Addendum with the broker
• Finalize Coris Claims Agreement
• Check suivi technique - Thibaut/Isabelle
• Check option to add number of insureds /type by ski resorts
• Audit - Rapport
• Nouvelles claims pour saisons précédentes - check Stéphane
• Tender FVG
• FDR 2026/2027 - demander la projection
• Moto pack sent - Verti
  • Review datapack (Yiannis/Francesco)
  • Francesco meeting w/B2C on 13/10

Reinsurance:

• Place/sign QS 40% retention minimum on Ski/Pet
• Exclusion of US/Canada business removed entirely
• Amend/validate final wording
• Wrong reinsurance commissions - we didn’t charge reinsurers with the 10% provisional PC.
• Review reinsurance agreement for 2026

17.07.2024

launch date :1st October

2 July, 2024, 10:00

Ski, pet transactions - EPI 5m, 8% gross margin 3% overrider only, cession

6 February, 2024, 10:40

New CEO of Sogessur is against the transaction

B2C very small compared to 900m book of Sogessur

65% QS placement, mainly New Re, HR only 10%

Placement managed by Matteo and Vito only

Hesitated to renew

Put things in place to make it work

Last chance this year

Claims handling no transparency