Generali, a tailor-made approach to insurance

By Paul Lecoublet, CEO of Generali Luxembourg, with the kind contribution of Alessandra Gaudio, CEO of Generali Wealth Solutions.

Generali Patrimoine

Generali Patrimoine in France offers a range of products designed to meet the diverse needs of French clients in terms of financial and savings needs or succession. The products Himalia, Octuor, and Himalia Patrimoine are designed to respond to the medium and long-term wealth strategy of the client. They offer various modes of management, including piloted management, free management, dedicated management, advised management, and retirement horizon management.

Nomineo is the advanced digital platform of Generali Patrimoine. IFAs can make your new policies subscription paperless by offering electronic signature to the client via the online module.

Most of the operations can be done online: top-up, switch, redemption (72h for partial redemption is available), change of beneficiary clause or contact details or consultation of the policy and current management operations.

Generali Luxembourg

Generali Espace Lux Vie France (& Capitalisation) is the product of Generali Luxembourg, specifically designed for French tax residents seeking tailor-made solutions that can adapt to their evolving needs and expectations. This product is dedicated to High-Net-Worth Individuals (HNWIs) who often have complex financial needs, seeking diversification, growth potential, and specialized wealth management services. HNWIs could be Entrepreneurs, High-level executives, top atheltes like football players, inheriting families’ businesses, internationally mobile individuals…

HNWIs are often mobile and/or seek specialized financial products and services due to their unique needs. These can include sophisticated investment options because they have a larger appetite for alternative investments such as private equity, hedge funds… They are also looking for personalized wealth management with a high level of service from their financial advisors with a discretionary investment management and advanced wealth planning & estate planning services.

Like Nomineo, MyWings is the digital platform of Generali Luxembourg dedicated to IFAs and their clients. MyWings offers a variety of functionalities to streamline processes and improve efficiency in managing life insurance contracts.

Generali Wealth Solutions

Combining financial planning expertise and trustful client relationship, GWS is team of Wealth Solutions specialists (portfolio managers, wealth planners, structured products specialists) to assist partners and clients at every stage of the investment specially designed on your needs.

Through their multidisciplinary experience, they have access to internal and external offers and provide wealth solutions such as guided management options, discretionary portfolio management, dedicated funds for single or multiple investors and structured products. Generali Wealth Solutions ’investment offer is nowadays available in French end Lux life insurance envelopes.

Wealth Planning

Life insurance policies can be designed to optimize inheritance taxes and ensure smooth wealth transfer within families.

In terms of wealth planning services, Generali has a recognized expertise through two important channels:

- Generali Wealth Solutions (GWS) with a team of experts wealth planners dedicated to accompany and propose the best solutions to French residents,

- The Wealth Structuring department of Generali Luxembourg to provide advisory, and support clients and partners in Europe and/or for expatriation.

Financial Offer

Both in the French and Luxembourger product, Generali offers a wide range of financial products to cater to different risk appetites and investment goals, such as:

1) Euro Funds, a guaranteed capital funds offering security and potential for steady growth. It may be suitable for risk-averse investors seeking the combination of security, liquidity and substantial via the profit sharing (PB – participation aux bénéfices).

2) Unit-Linked Funds: a very wide offer of UCITS funds with a major part of ESG funds completed with some specific and some innovative solutions e.g.:

a. Lumyna Private Equity funds: this fund invests in private equity companies, offering access to potentially high-growth assets not readily available in traditional markets. If private equity investments are typically illiquid and carry higher risks, for this fund Generali offers the liquidity based on its balance sheet.

b. GF Infrastructures Durables - This fund invests in European infrastructure companies, offering exposure to a potentially stable and growing asset class. Infrastructure projects are often essential for economic development and can provide regular income streams. This fund may be suitable for investors seeking diversification and a combination of potential income and capital appreciation. Generali offers the liquidity too, a key benefit for clients.

3) Structured Products: a structured product is a complex financial instrument where the return is linked to an underlying asset (index, stock, interest rate, etc.) with predefined conditions (maturity, coupon, level of capital protection, etc.). It offers a range of potential benefits for investors seeking tailored investment solutions, diversification strategies, and the potential for enhanced returns.

Generali benefits from a strong expertise through tight relations with banks, a seamless process to analyze and reference them. Moreover, Generali benefits from

Generali Wealth Solutions unique expertise. GWS stands out for its innovative tailored investment products, meticulously crafted through a comprehensive approach that encompasses market research, trend analysis, and in-depth understanding of prevailing economic, social, and environmental factors.

Life insurance in France and Luxembourg

In France, Generali offers a complete range of insurance solutions, including health, personal protection, assistance, property and liability, savings, and asset management.

Life insurance in France offers significant tax benefits. The funds within an assurance vie grow free of French income and capital gains tax. This means clients do not pay taxes on any gains each year unless the gains are withdrawn from the policy.

In Luxembourg, Generali Luxembourg benefits from the financial solidity and expertise of the Generali Group. The Luxembourg life insurance professionals offer sophisticated solutions to meet the challenges faced by today’s highly mobile “world citizens” and can offer effective assistance when clients change residence.

Generali Luxembourg’s life insurance offers a unique level of protection for policyholders in Europe. It provides cross-border expertise, access to a wide range of underlying assets which can be implemented in several specific wrappers: Internal Dedicated Funds (FID in French), Specialized Insurance Funds (FAS) and Internal Collective Funds (FIC). This makes it an attractive option for French/European residents who are looking for a life insurance policy that offers both security and flexibility and political, financial, and social stability.

A full complementary approach with French and Lux products

Generali’s life insurance Lux and French products are not only comprehensive but also totally complementary. They cater to a wide range of client needs, from savings and asset management to death guarantees and wealth planning. This complementary approach allows Generali to provide a holistic insurance solution to its clients, ensuring their needs are met no matter where they are.

This is exactly the moto of Generali: to be a Life Time Partner of its partners and clients.

Contacts

Generali Patrimoine :

ÎLE-DE-FRANCE :

Florent MICHEL : florent.michel@generali.com
Federico ORTEGA : federico.ortega@generali.com
Vincent POPINEAU-DEHAULLON : vincent.popineau-dehaullon@generali.com
Georges PINTO : georges.pinto@generali.com
Laurent GODET-COULANGE : laurent.godet-coulange@generali.com

OUEST:

Philippe Tauvel : Philippe.Tauvel@generali.com
Nicolas MARTET : nicolas.martet@generali.com
Alexandre Monroux : alexandre.monroux@generali.com
Pascal HARTKOPF : pascal.hartkopf@generali.com
Bastien BARBÉ : bastien.barbe@generali.com

EST :

Luc Fruchart : luc.fruchart@generali.com
Damien Collard : damien.collard@generali.com
Philippe CHARBONNEL : pcharbonnel@generali.fr
Franck PIN : franck.pin@generali.com
Fabrice JIGOUREL : Fabrice.Jigourel@generali.com
Christophe ARNAUD : christophe.arnaud@generali.com
Nicolas RATTO : nicolas.ratto@generali.com
Agnès IROLLA : Agnes.irolla@generali.com

Generali Luxembourg :
Louis Laville : llaville@generali.lu

Generali Wealth Solutions :
Arnaud Bouché : arnaud.bouche@generali.com
Gwenola Le Maire : gwenola.lemaire@generali.com
Nicolas CHALON : nicolas.chalon@generali.com
Nadège Quenneville : nadege.quenneville@generali.com

GENERALI PATRIMOINE

As a major player in the savings and asset management market, Generali Patrimoine has been helping our distribution partners and their investor clients to implement sustainable, responsible and committed asset strategies for over 20 years.
Our unique wealth management expertise and know-how enable us to design innovative, high-quality, tailor-made savings solutions, distributed through our partners CGP (Conseillers en Gestion de Patrimoine), Banks, Online Brokers, Fintechs and Family Offices.

GENERALI LUXEMBOURG

Established in 2011 in Luxembourg, Generali Luxembourg is an insurance company, wholly owned subsidiary of Generali France, dedicated to high-net-worth individuals (HNWI). The company distributes its life insurance and capitalization products through a network of private banks, family offices, and independent financial advisors (IFAs), primarily across Europe under the Freedom of Services (FoS) regime.

GENERALI WEALTH SOLUTIONS

Generali Wealth Solutions is an advisory and wealth management firm based in France specializing in designing and implementing wealth structuring and financial solutions. As a wholly owned subsidiary of Generali Vie, GWS was established to support networks and partners of Generali France and Generali Luxembourg in embracing the Group's new savings model. A team of experts at your service. The company leverages its experienced and dedicated multidisciplinary team to achieve this goal around a unique motto : simplicity ,flexibility and proximity.