International
The warranty specialist continues its remarkable international development and has become the european leader in the management of mechanical breakdown warranty and assistance.
Opteven strengthens its international
team and appoints Martin Quail
as International CEO
The warranty specialist continues its remarkable international development and has become the european leader in the management of mechanical breakdown warranty and assistance.
A prime example of international expansion, the Opteven group reports positive results for the past year and has strong ambitions for 2022, especially on an international scale. With its unusual positioning, combining insurance and the management of mechanical breakdown warranty, the company is creating value in France as well as in the nine European countries where it operates. By 2025, Opteven’s ambition is to triple its operating income outside of France through the development of its affiliates and the deployment of Europe-wide agreements, a strategy that may be reinforced by acquisitions.
« In 2021, the Group expanded as planned, despite a decline in demand for used vehicles at the end of the year. This excellent performance was made possible by strengthening our presence in Europe in an effort to consolidate our position as European leader in the mechanical breakdown warranty sector. We are proud of the continued trust our customers have placed in us, including those outside of France. They include car manufacturers such as Volkswagen, Suzuki, FCA, Jaguar Land Rover, numerous car dealers in the main European markets, credit companies such as Groupe Société Générale through its Italian subsidiary Fiditalia, and new partners such as the AA assistance company, with whom we are developing mechanical breakdown warranty offers in the United Kingdom.”
Jean-Matthieu Biseau, Chairman and CEO of Opteven.