The neo -Diapical public broker Etoro (Nasdaq: Etro) extends its customer products, at least in France. Etoro has announced a new partnership with Generali, an important player in the French Life Insurance Market, to offer its users in France a life insurance contract and a per (Planning Pension Pensionor retirement savings) to its users in France.
The announcement follows the opening of Etoro’s local subsidiary in France, Etoro Patrimoine.
The Life and Life Insurance Convention offered by Etoro Patrimoine is designed to serve a wide range of retail investor preferences and risk appetites, offering both managed and self-directed options, which are developed in collaboration with Generali. Combining Etoro’s smooth and innovative approach with Generali’s insurance expertise, the parties said that this partnership marks an important step forward in providing access to long -term savings proposals for Etoro users in France.
Julien Addition, President of Etoro Patrimoine, said,
“The introduction of savings solutions for Etoro users in France and the opening of a local subsidiary emphasized our commitment to reinforce our imprint on a basic market for the business. To constantly improve our local offer for our users in France, supporting them throughout their investment life.”
Corentin Favennec, Corporate Relations Manager at Generali Patrimoine, commented,
“We are pleased to support Etoro, a global recognized investment player, at the start of its subsidiary in France and the savings offer.
And for Peroro insurance and life insurance contracts, Etoro users can choose from managed portfolios with different investment risk preferences, from more conservative to more dynamic. In addition, investors have the opportunity to build their own distribution by selecting euro funds and unit products, between a directory of over 500 options, including mutual funds, ETFs, shares and calendar bonds.
The launch of this new offer is the last in a series of recent product updates for ETORO users in France. Last year, the platform allowed local currency to be traded for EX Eur Etoro accounts. In addition, Etoro expanded the offer of shares recorded by French by Euronext Paris, providing its users access to the vast majority of companies listed in this exchange. French users also benefit from a French IBAN, ensuring a service tailored to their local needs.