Each month, our team curates a selection of key highlights from the banking and insurance world.
In this 31st edition: a concise roundup of regulatory updates, ecosystem trends, and technological breakthroughs shaping the industry.
A focused briefing designed to get straight to the point, read it, share it, and don’t miss out!
🚨 Réglementaire | ACPR issues formal notice to insurance broker PRAECONIS
PRAECONIS is a French insurance broker that primarily distributes health insurance policies to individuals through its Tunisian branch and a network of distribution partners.
On June 6, 2025, the French Prudential Supervision and Resolution Authority (ACPR) formally required PRAECONIS, in accordance with legal obligations, to correct the shortcomings identified in its insurance distribution system.
Key takeaways:
An on-site inspection revealed significant deficiencies in the selection and oversight of distribution partners, as well as a lack of monitoring of sales quality, particularly those conducted via telephone solicitation from its platforms.
These shortcomings resulted in practices harmful to policyholders, mainly retirees, whose complaints were not handled satisfactorily.
The ACPR reiterated that professionals managing an insurance distribution network must ensure rigorous distributor selection and effective oversight of service quality (Article L. 612-31 of the French Monetary and Financial Code).
🔄 Écosystème | Matmut diversifies its model and strengthens its presence in personal insurance
Last March, French mutual insurance group Matmut accelerated its diversification strategy by acquiring HSBC Assurances Vie France for €925 million—a major operation aimed at balancing its business between personal insurance and property & casualty insurance.
Key takeaways:
Thanks to this acquisition, Matmut’s revenue will increase from €3.2 billion to €4.8 billion.
The insurer aims to expand in retirement savings and life & disability insurance, in addition to its historical P&C business.
With this expansion, Matmut hopes to reach revenue levels comparable to the major players in the French market and rank among the 15 to 20 largest insurance companies in France.
🛡️ Technologie | Sure brings agency-based AI to insurance
Sure is a U.S. based company bringing agency-based AI to the insurance sector. Agency-based AI refers to advanced artificial intelligence that enables systems to operate autonomously.
Key takeaways:
Sure offers a solution that uses APIs compatible with the Model Context Protocol (MCP)—a standardized protocol designed to connect AI models with external tools and data sources.
The platform supports instant quote generation, policy issuance, management, and claims handling.
Early feedback is promising, showing significant time savings in underwriting (95%) and customer support (80%). One to watch…
Source : C’est pas mon idée !: Sure ouvre l’assurance à l’IA agentique
Regulation, ecosystem, tech: the key takeaways each month
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