France Launches 'CollectivAssur' to Address Municipal Insurance Crisis

The new government-backed cell aims to assist municipalities struggling with soaring insurance costs, supported by regulatory reforms and a multi-stakeholder charter.

The French government has officially launched 'CollectivAssur,' a specialized support cell for municipalities facing insurance challenges, managed under the insurance mediator Arnaud Chneiweiss.
A charter was signed by the state, insurers, and local officials, committing to collaborative efforts to address the insurance crisis affecting nearly 1,500 municipalities.
Regulatory reforms, including amendments to the insurance code and new public tender directives, are being introduced to counter skyrocketing premiums and franchise costs.
Prime Minister François Bayrou emphasized the goal of restoring normalcy to the municipal insurance market, ensuring local governments receive adequate support and solutions.
The crisis has been exacerbated by decades of rising costs, with some municipalities reporting franchise increases of up to fivefold, leaving them financially strained and uninsured.