Ageas presents its new three-year strategic plan: Impact24
01 Juni 2021 - 07:00PM
Ageas presents its new three-year strategic plan: Impact24
Today, Ageas communicates its next
3-year strategic plan, Impact24, for the period 2022-2024. Impact24
is a long-term sustainable growth strategy that builds on the
Group’s unique footprint in Europe and Asia and the tangible
achievements of the current plan Connect21.
Over the past 3 years Ageas has been delivering
well against the Connect21 strategic choices, values, and financial
targets. As we move into a new strategic cycle, that
performance allows the Group to consider new growth opportunities,
supported by a strong company culture, proven capital and risk
management discipline, a robust balance sheet, a future oriented
management team and highly committed employees.
Impact24 also signals the start of the next
chapter for Ageas under the leadership of new CEO
Hans De Cuyper, building on the strong legacy left by his
predecessor Bart De Smet. In fact, it is the success of
choices made in the past that provides us with a strong platform
for future growth. In developing Impact24, we continue to recognise
the benefit of the geographical spread of our business and our
well-diversified and well-balanced portfolio, and the resilience
this brings to the Group.
CEO Hans De Cuyper commented:
“In announcing Impact24, we are marking the next stage of our
development as a Group, building from a place of strength and
sustained performance. Ultimately, we are making choices and
investments for the long-term not just the next three years.
It is the strength of our Core business that gives us the
confidence and capacity to invest in future growth and a higher
ambition. We know we can do even more. But we don’t just care
about what we do but also how we do it. So, sustainability
sits at the heart of our business model. It will impact on the way
we design our products, the investments we make, our long-term
partnerships, and the environment we want to create for our people
to grow. Ultimately, we want to deliver a sustainable
shareholder return. 2024 is a milestone year for Ageas. It
marks the conclusion of the Impact24 plan but also a milestone in
our history as we celebrate 200 years as an insurer. Impact24
allows us to reflect on the past 200 years but also to take action
today that will impact on our future.”
- Read the full press release
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