SIACI SAINT HONORE acquires ONP (Office National de Prévoyance), a consulting firm specializing in employee benefits
SIACI SAINT HONORE has announced the acquisition of ONP (Office National de Prévoyance) and its subsidiary ONPF (Office National de Prévoyance Funéraire), a firm specialized in brokerage and consulting services for group health and life insurance, death and disability coverage and funeral services.
For almost forty years, ONP has been assisting its client companies, including SMEs and major groups in a range of business sectors (mainly services and communications), with all employee benefit issues. This family-based structure has ten employees and recorded a turnover of €2 million in 2014.
“We are delighted to be joining SIACI SAINT HONORE as we share the same client vision. By joining forces, we will further strengthen our consulting services and offer our corporate clients complementary solutions”, says Camille Fabian, former chairperson of ONP.
Thierry Vachier, Executive Director of the Employee Benefits, HR Strategy & Total Rewards Department of SIACI SAINT HONORE, adds “Surrounding ourselves with the best expertise to serve our clients and insured members is part of our DNA. We are very pleased to welcome into our teams ONP’s talents, who are reputed for their high level of expertise and technical experience.”
About SIACI SAINT HONORE
SIACI SAINT HONORE, one of the leading providers of brokerage and consulting services in the French insurance market, supports large and mid-cap companies in the overall management of their property and personal insurance risks in France and around the world. The Group designs and develops customized solutions for its corporate clients in Property & Casualty, Marine, Employee Benefits, Retirement, HR Strategy & Total Rewards and International Mobility. SIACI SAINT HONORE’s services encompass the entire value chain from risk management consulting to the management of insurance plans. The firm has currently almost 1,500 employees worldwide and provides coverage to 1.2 million individuals in France and around the world, with a reported turnover in 2013 of €244 million.