PRESENTATION OF THE FINANCE DEPARTMENT

Cesam provides its members with a full range of services relating to co-insurance :

FINANCIAL OPERATIONS /OPTIFLUX

• Settlement of insurance indemnities to insured or any beneficiary stipulated by the Leading Insurer in one operation only without previously collecting funds from co-insurers. To achieve this, CESAM is empowered to debit member companies’ accounts.

• Collection of premiums: distribution to co-insurers on the same day as received from providers.

• Financial management of deposits with monthly interest incurred.

• Supplying members with detailed accounts.

CURRENCIES MANAGED

Australian Dollar	Pound Sterling
Canadian Dollar	Saudi Arabian Riyal
Danish Krone	Singapore Dollar
Euro	South African Rand
Hong Kong Dollar	Swedish Krone
Japanese Yen	Swiss Franc
Kuwait Dinar	Thai Bath
New Zeland Dollar	United Arab Emirates Dirham
Norwegian Krone	United States Dollar

LIST OF COUNTRIES USING THE IBAN CODE (international bank account number) FOR FINANCIAL TRANSFERS

ANDORRA	GREENLAND	POLAND
AUSTRIA	HUNGARY	PORTUGAL
BELGIUM	ICELAND	ROMANIA
CROATIA	IRELAND	SAN MARINO
CYPRUS	ITALY	SERBIA
CZECH REPUBLIC	LATVIA	SLOVAKIA
DENMARK	LEICHTENSTEIN	SLOVENIA
ESTONIA	LITHUANIA	SPAIN
FEROE ISLANDS	LUXEMBOURG	SWEDEN
FINLAND	MACEDONIA	SWITZERLAND
FRANCE	MALTA	TUNISIA
GERMANY	MONACO	TURKEY
GIBRALTAR	NETHERLANDS	UNITED KINGDOM
GREECE	NORWAY

INFORMATION GIVEN TO ACCOUNT HOLDERS

• Monthly statements of accounts.

• Immediate consultation and downloading on our website of all transactions together with assets in each single currency.

• Automatic e-mailing from our website of daily transaction statements.

• Financial research on past account movements on request.

• Printouts provided if necessary.

FINANCIAL GUARANTEES

• Financial guarantees on request by Leaders for their claims handling activities.