WELCOME TO I3CP

We are Global soyou can be Local

WHAT WE DO

I3CP is a global investor based in the Netherlands focused on defining the next sustainable growth cycle in the insurance, reinsurance, asset management and fintech sectors. We aim to improve risk-adjusted returns in our portfolio companies from greater operational efficiencies, higher margins, more stable earnings and lower correlation risk through our deep sector experience and use of proprietary intelligent data.

Read more

I3CP recognizes the need for better returns

I3CP recognizes the need for a more comprehensive use of insurance company attributes and better returns from insurance capital. We are building an asset-agnostic financial services ecosystem via a unique asset-gathering operating model, spanning life and pensions, specialty and general insurance, distribution and asset management.

We improve the customer experience

I3CP makes extensive use of proprietary intelligent data, artificial intelligence, machine learning and mobile technology to optimize operations and capital efficiency, lower the cost of acquisition and ultimately improve the customer experience through innovative products and services.

The modern financial services industry has become inefficient. Unnecessary barriers between customer, insurer, reinsurer, savings institutions, and asset managers often pull our common interests in different directions. Barriers create friction and cost, unnecessary hurdles make simple transactions complicated.

I3CP is here to uncomplicate the way you insure so you can focus on your core business.

Read more

ABOUT

OUR FUNDS


LATEST NEWS


I3CP informs the Romanian public

17 September 2021

In light of recent communication in the press concerning the long-term viability of CIty Insurance and the affordability of basic motor insurance protection for Romanian consumers and businesses, out of concern for City Insurance’s clients, employees and business partners, I3CP wishes to inform the Romanian public of the following:

  • We remain committed to City Insurance and the Romanian insurance market, which we see as a vital pillar of the country’s development.
    We are attracted to Romania due to the strong historical and cultural bonds between the country and our founders, and would be proud to pick up the mantle of leadership at City Insurance;
  • We seek to build a strong insurance company based in Romania that provides affordable and reliable protection not only to Romanian consumers and companies, but has the aspiration to become a regional champion;
  • During the past two weeks I3CP and its capital partners have put Solvency Capital of €300m into the company and executed with City Insurance’s current management, the FGA; In doing this City Insurance’s viability has been secured.
  • I3CP have also executed an additional agreement with the FGA to implement the necessary liquidity to become compliant with Romanian standards by the mandated 30 September 2021 date;
  • Senior stakeholders have engaged with the Romanian authorities to complete the necessary formal steps to finish this process and will continue doing so, both remotely and in person.

Contact:
I3CP Holding B.V.
pr@i3cp.eu
+31 20 399 0990

Or

Mr. Eleftherios Karagiannis
Pulse and Opinion SA

lk@pno.systems
+30 212 0002 766


AMSTERDAM— I3CP Holdings B.V. (“I3CP”)

26 August 2021

I3CP confirms that on 25 August 2021 it has subscribed to the share capital of City Insurance all the shares newly issued as per the Extraordinary General Meeting of Shareholders (“EGMS”) Resolution of 21 July 2021.

I3CP continues to work with the ASF and its advisors to complete in the near term the regulatory approval process entailed for a change of control upon the company.

Contact:

I3CP Holding B.V.
pr@i3cp.eu
+31 20 399 0990

Or

Mr. Eleftherios Karagiannis
Pulse and Opinion SA

lk@pno.systems
+30 212 0002 766


I3CP Reconfirms Commitment to Purchase City Insurance (Romania)

7 June 2021

AMSTERDAM— I3CP Holdings B.V. (“I3CP”) notes the decision of the Romanian Financial Supervisory Authority issued on 4th June 2021 in relation to City Insurance Romania S.A. (“CIRO”) and the regulatory consequences derived therefrom.

I3CP restates its intent to proceed with the completion of the acquisition of the controlling stake in CIRO, subject to regulatory approval. I3CP remains engaged with key stakeholders to complete the process as promptly as possible and to ensure further compliance of CIRO with all regulatory requirements and its obligations to clients. I3CP is committed to invest in CIRO the required capital amounts and to develop the company in the local and international insurance markets.

About I3CP
I3CP is a ECEEMEA focused investor based in the Netherlands concentrated on defining the next sustainable growth cycle in the insurance, reinsurance, asset management and fintech sectors. I3CP’s stakeholders and affiliates manage more than €15 billion. I3CP has offices in Amsterdam and Athens. For more information, please visit www.I3cp.eu.

Contact:

I3CP Holding B.V.
pr@i3cp.eu
+31 20 399 0990

Or

Eleftherios Karagiannis
prservices@pno.systems
+30 212 0002 766


Agreed sale ofCity Insurance Romania

6 April 2021

Bucharest/ Amsterdam – Vivendi International S.A (“Vivendi”or the “GROUP”) announces that it has entered into an agreement with I3CP Holdings B.V. („I3CP”) for the sale of its entire shareholding in its insurance subsidiary City Insurance Romania S.A („CIRO”), (the „Transaction”). The Transaction has been approved by the Board of Directors of Vivendi and is subject to customary conditions, including regulatory approvals by the relevant authorities in Romania. The Transaction is expected to close in the 3rd Quarter of 2021.

About CIRO

Headquartered in Bucharest, CIRO is the leading insurance company in Romania by number of clients and premium underwritten and offers an array of product and services to the Romanian insurance market. It has Total Assets of over 700 million EUR, Underwritten Premium of over 500 million EUR, employs over 400 professionals and has approximately 4m policyholders. For more information, please visit www.cityinsurance.ro.

About I3CP

I3CP is a ECEEMEA focused investor based in the Netherlands concentrated on defining the next sustainable growth cycle in the insurance, reinsurance and asset management and fintech sectors. I3CP’s stakeholders and affiliates manage more than 15 billion EUR. I3CP has offices in Amsterdam and Athens. For more information, please visit www.I3cp.eu.

 

Contacts City Insurance S.A

Mr. Thomas Antoniades
Critical Publics
+447775925260
thomas@criticalpublics.com

Contacts I3CP Holding B.V

Mr. Eleftherios Karagiannis
Pulse and Opinion
+ 306972835034
lk@pno.systems

CSR

We hope to invite the local community to feel like the are truly a stakeholder in their future

I3CP was founded with the community in mind. By having a philanthropic investor as one of our founding members from the very start we’re here to help. With team members currently present in the United Kingdom, Italy, Greece, Spain, Romania, and Serbia one of first partners on the ground that we meet with are local non-profit organizations. By utilizing set standards of business practices, activist investments, and simply giving back in a real way we hope to invite the local community to feel like the are truly a stakeholder in their future.

We’ve got great ideas on how to make Corporate Social Responsibility more social. From matching grants that double our employees personal donations to creating employee friendly work spaces we like to see the pyramid of decision making upside down and truly give a voice to all our stakeholders, whether they’re invested in us financially or morally.