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CORPORATE INTERVIEW OF THE MONTH<br />

Malta Business Review<br />

Thierry Hebert, Managing Director, RCI Insurance Ltd<br />

we decided we are quite happy to rent<br />

our own offices in at Mercury Tower, in a<br />

banking environment, which means a lot to<br />

us in terms of safety, security and respect<br />

of regulations. Secondly, we invested a lot<br />

in the equipment of these offices and the<br />

technology to ensure that both the people<br />

who will come to visit us feel welcome in a<br />

professional environment, as well as for our<br />

staff where we tried creating an ambience<br />

facilitating the teamwork on one side, and<br />

enhancing the digital activities, which is one<br />

of the objectives we are working on.<br />

<strong>MBR</strong>: What about the company growth and<br />

product development of RCI and Outlook<br />

Coop?<br />

TH: We are experiencing constant growth<br />

since we were established nine years ago. We<br />

are well established in four major markets,<br />

being France, Germany, Italy and Spain.<br />

We are now starting a phase where we are<br />

expanding in several European countries,<br />

which will not be of the same importance in<br />

terms of volumes, however more prominent<br />

in terms of the services we want to offer to<br />

these countries on one side, seeking to try<br />

and expand our range of products in other<br />

type of insurances, which mainly service retail<br />

customers. Again, now we want to launch<br />

new products for corporate customers and<br />

we are looking at new insurance products<br />

which represent new activities. We have here<br />

up to fifty five workers in total and with new<br />

customer service products in the pipeline, this<br />

workforce will increase in the near future.<br />

<strong>MBR</strong>: Can you describe the structure of the<br />

HR element at RCI?<br />

TH: In Malta we need the best people and<br />

we are trying to have the best people to join<br />

the company. We are happy to have sourced<br />

insurance experts, which are fundamental<br />

toward the structure of our work objectives.<br />

We also want to hire talented people who<br />

can speak several European languages. Today,<br />

in our company we have eleven different<br />

nationalities Half of our staff are Maltese,<br />

and the rest from ten different European<br />

nationalities. We need to have French and<br />

German speaking staff, and also be able to<br />

answer questions in the mother language to<br />

our valued customers. <strong>MBR</strong><br />

All rights reserved - Copyright 2018<br />

About RCI Insurance Ltd<br />

(RCI Insurance Ltd and RCI Life Ltd are two<br />

Maltese insurance companies created in<br />

December 2008 in Malta. Shareholders are<br />

RCI Bank and Services, an ECB regulated<br />

Bank, 100% owned by Renault SA, the French<br />

car manufacturing company. The activity of<br />

these two companies consists in selling and<br />

managing mainly financial insurances for the<br />

customers of the Renault Nissan Mitsubishi<br />

Alliance, who buy their cars through<br />

financing services. The insurance protects<br />

the customers against any risk of death,<br />

temporary invalidity or unemployment.<br />

Using the European passport facilities, RCI<br />

Insurance Ltd and RCI Life, trade in France,<br />

Germany, Italy and Spain, with plans to<br />

expand operations to other European<br />

countries in the future. Total assets under<br />

management reached 330M€ in 2017 and<br />

make our insurance group one of the most<br />

significant insurance groups in Malta.)<br />

www.maltabusinessreview.net<br />

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