Financial services

Optimised co-insurance management.

Fund pooling management.

• Reduction of bank charges and costs.
• Security of immediately available funds.
• Interest on funds at attractive rates.

Premium collections and claim payments secured through the ® OPTIFLUX® system or outside OPTIFLUX®.

• Through OPTIFLUX®: validation by the lead insurer with systematic agreement of the co-insurers.
• Outside OPTIFLUX®: use of simplified Excel or PDF forms for non-OPTIFLUX® brokers and agents.
• Systematic compliance control of beneficiaries and assureds for payments.

Systematic checks for claims settled through OPTIFLUX®.

• No automated payments: double line-by-line verification by the finance department
• Any queries checked with the lead insurer’s compliance department.

No cash call prior to payment.

• Automatic and immediate debiting of CESAM member companies.
• Fast claims settlement and premium collection unmatched by any other market.

Possibility of advancing funds for currencies not handled by member companies.

Implementation of exceptional payment procedures at the lead insurer’s request.

• Agile system (e.g. advance of funds for the lead insurer for the non-French market share). 

Transfers issued by CESAM use the secure SEPA network.

Live tracking of funds on the SWIFT network for:

• Funds paid into foreign accounts outside the SEPA area.
• Funds paid in foreign currencies within the SEPA area.