CNP Caution and Garantme Partner to Enhance Access to Housing with New Rental Insurance Solution

CNP Caution and Garantme Partner to Enhance Access to Housing with New Rental Insurance Solution

(IN BRIEF) CNP Caution, a subsidiary of CNP Assurances, has partnered with Garantme to simplify access to housing through a new rental insurance solution. The partnership combines Garantme’s tech expertise with CNP Caution’s insurance experience, offering a rental deposit product that helps tenants secure leases while providing landlords with a guarantee of rent payments. This collaboration aims to make housing more accessible, streamline administrative processes, and improve the security of rental transactions.

(PRESS RELEASE) ISSY-LES-MOULINEAUX, 15-Oct-2024 — /EuropaWire/ — CNP Caution, a subsidiary of CNP Assurances, has partnered with Garantme to streamline access to housing through enhanced rental insurance solutions. This collaboration combines Garantme’s technological expertise with CNP Caution’s insurance experience to simplify the rental process for tenants, landlords, and real estate agencies. The partnership aims to make housing more accessible by offering a rental deposit product that provides tenants with an individual insurance policy. This policy, insured by CNP Caution and distributed via Garantme’s platform, serves as a joint guarantee for rent and associated charges.

The product helps tenants secure a rental property in mainland France while reassuring landlords by providing a guaranteed payment mechanism. This partnership simplifies administrative procedures and strengthens the security of rental transactions, addressing the growing demands of the rental market.

Muriel Llanes, CEO of CNP Caution, emphasized that the partnership reflects the company’s commitment to addressing housing challenges and restoring trust between tenants and landlords. “This collaboration allows us to diversify our offerings and support societal needs by helping more people find secure housing,” she said.

Thomas Reynaud, founder and CEO of Garantme, highlighted the shared mission of both companies, stating, “Our joint efforts aim to make housing more accessible, offering transparent and affordable solutions that simplify the rental process and enhance security for our customers.”

About CNP Assurances
The CNP Assurances Group is a property and personal insurer with more than 7,000 employees. Its net income amounted to €1,550m in 2023. A subsidiary of La Banque Postale, the Group is no. 1 in property loan insurance and no. 2 in life insurance in France. It is the 5th largest insurer in Europe and the 3rd largest insurer in Brazil. Its solutions are distributed in 19 countries by various partners and insure more than 36 million people in personal insurance and protection, and 14 million in retirement savings. CNP Assurances is a responsible insurer and investor (€400bn invested in all sectors) that works for an inclusive and sustainable society, protecting and facilitating all life paths.

About CNP Caution
CNP Caution, a subsidiary of CNP Assurances created in 2001, provides solutions for home loan guarantees, borrower insurance and property protection on the individual market.

About Garantme
Founded in 2017 by Thomas Reynaud and Emile Karam, Garantme is the SaaS platform dedicated to real estate professionals that facilitates and secures rental management processes. It brings together in a single tool all its insurance products (Deposit and Unpaid Rent Guarantee) and services useful in the day-to-day operations of real estate agencies (management and certification of rental files, unpaid rent, issuance of insurance approvals, authentication of documents provided in accordance with the GDPR, etc.). With these technological tools, Garantme responds to the issues facing real estate professionals and aims to make the property rental process simpler, faster and more secure. After carrying out new fundraising of €15 million at the start of 2023, aimed at bolstering its tech platform, then formalising the acquisition of the startup citima, the company is continuing its growth and expanding its network of partners. Garantme currently has a team of 100 employees.

Media Contacts:

CNP Assurances:
Florence de Montmarin
+33(0)1 42 18 86 51

Tamara Bernard
+33(0)1 42 18 86 19
servicepresse@cnp.fr

Garantme:
Marie-Philippine Méchet
+33(0)6 60 65 20 65
mp@mprp.fr

SOURCE: CNP Assurances