Fund Channel, the B2B fund distribution platform owned by Amundi enters into a new partnership with Athora Belgium,a subsidiary of Athora Ltd., an insurance group fully focused on the European life insurance market. Athora group holds €96 billion in AUA (pro forma) as of 30 June 2022.
Athora’s vision is to build a first-class insurance and reinsurance business with a core policyholder protection strategy. Therefore, it invests continuously in infrastructure and new solutions to provide value-added services for its customers.
As of March 2022, Athora Belgium signed a partnership agreement with Fund Channel. Through this agreement, Fund Channel will provide operational support to Athora Belgium in its strong growth in Unit-Linked investment funds business. This agreement will provide enhanced efficiency in its operations and thereby strengthen the attractiveness and competitiveness of Athora’s life insurance business for the ultimate benefit of its unit-linked policyholders.
"This partnership complements Athora’s aim to deliver long-term satisfaction to its customers through sustainable technical insights, and a digital and streamlined operating model. The partnership will allow the company to refocus on its core business and thereby contribute to creating more value to our investors", declares Christophe Bonta, CIO at Athora Belgium.
Pierre-Adrien Domon, Chief Executive Officer at Fund Channel, commented: adds, “In today’s challenging environment for insurance providers in Europe, we aim to develop trusted, long-term relationships to fulfill the expectations, needs, and requirements of Athora’s Belgium and its customers. This partnership perfectly illustrates how insurance companies and their distributors can benefit from the operational and cost efficiency of Fund Channel as a leading B2B platform known for its quality of service and comprehensive fund distribution and administrative services.”
About Fund Channel
A fully owned subsidiary of Amundi, the leading European asset manager, Fund Channel is a B2B fund distribution platform operating across Europe and Asia
Since 2005, Fund Channel provides innovative services to facilitate fund distribution, strengthen transparency, and improve processes for asset managers and fund distributors with the aim of enhancing their relationships with clients, partners, and regulators.
Fund Channel has more than EUR 330 billion of assets under intermediation providing a “one-stop-shop” solution for 600 asset managers and more than 100 distributors.
About Athora Belgium
Athora Belgium NV/SA has been active in Belgium since 1901. The company has 225 employees, serves some 400,000 customers and offers a wide range of life insurance policies through a network of more than 500 independent brokers throughout Belgium. In 2021 total premium revenue was around €640 million. The assets portfolio has a value of approximately €11.4 billion. More information is available at www.athora.com/be.
Chief Executive Officer
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