RGI Group's strategic expansion into the French personal insurance market has taken a significant leap forward with the acquisition of Cegid Assurex solutions by its France-based subsidiary, KAPIA-RGI. This deal is expected to boost KAPIA-RGI's client portfolio by more than 20 new clients, while accelerating innovation and growth in a sector driven by evolving regulations, automation, and artificial intelligence. The integration of Cegid Assurex's expertise, talent, and existing solutions will enhance KAPIA-RGI's capabilities in key areas such as benefits management, annuities, provident benefits, retirement savings, and tax withholdings.
The acquisition represents a crucial step in RGI Group's growth strategy within French-speaking European markets. By combining Cegid Assurex's specialist knowledge with KAPIA-RGI's 20 years of experience serving personal insurance providers, the entity will be well-positioned to deliver high-performance, innovative solutions tailored to future challenges. This strategic move is expected to bolster RGI Group's position as a leading partner for European insurance players.
With over 40 years of innovation in insurance technology and KAPIA-RGI's dedicated experience in serving personal insurance providers, the combined entity will be able to offer more efficient, automated, and compliant solutions to insurers. In a sector undergoing considerable transformation, insurers are facing increasing pressure to modernise operations, enhance efficiency, and reduce time-to-market for new products, while also adhering to new data sovereignty requirements.
Both KAPIA-RGI and Cegid Assurex are committed to ensuring a secure and seamless transition for both employees and clients. Close collaboration between the teams is underway to guarantee service continuity and preserve key competencies throughout the integration process. Bruno Vaffier, Chief Executive Officer of Cegid, expressed confidence that the integration into KAPIA-RGI will enable the Cegid Assurex teams and customers to build on their strong track record and support long-term growth.
Patricia Fouqueray, President of KAPIA-RGI, highlighted that the acquisition is a defining milestone for KAPIA-RGI and the entire RGI Group. She noted that it consolidates their position as a leading provider of digital platforms for the insurance industry in French-speaking European markets.