Cegedim announces that the ACPR has granted final approval to its subsidiary CETIP, which concentrates on BPO solutions (management delegation and third-party payment) for personal insurers, as a payment institution.

CETIP thus becomes the first large-scale delegatee to have such status in the health and provident insurance market. As a reminder, it executes payment transactions estimated at over 4.5 billion euros a year.

This approval, issued by the ACPR (backed by the Banque de France), which imposes numerous controls and prudential mechanisms, guarantees that CETIP meets strong and structuring European regulatory requirements.

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