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October 7, 2024 | 1 year ago

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CNMA signs a partnership agreement with FNHT

A new technical agreement was signed on Monday between the Caisse nationale de mutualité agricole (CNMA) ( National Agricultural Mutual Fund) and the Fédération nationale de l'hôtellerie et du tourisme (FNHT) (National Federation of Hotels and Tourism).

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This agreement aims to provide effective support for the tourism and hospitality sector through a tailored insurance offering and risk management services.

Securing hotel investments and assets

This technical agreement, which comes following a framework agreement previously signed with the FNHT, constitutes « an important milestone for the partnership between the two » organizations, indicated in a press release by the CNMA which emphasizes « the need for coverage adequate insurance, essential to secure investments and assets in the » hotel sector.

With this in mind, the CNMA affirms that its partnership with the FNHT is of capital importance « because » by guaranteeing professionals in the sector tailor-made insurance coverage, the fund contributes to reducing the risks they face, while encouraging them to invest more, particularly in rural and agrarian regions”.

Customized advice and support

As a trusted partner, the CNMA also offers solutions adapted to the specific needs of the Sector including « not only coverage of infrastructure risks, but also advice and personalized support, thus allowing hoteliers to concentrate on development of their activities with complete peace of mind ».

Also, the CNMA, through its 71 regional funds and nearly 570 local offices, is committed to guaranteeing « advantageous » conditions to FNHT members noting that the service offering also extends to « training, prevention, and rapid intervention in the event of a disaster, with particular emphasis placed on the protection of insured property».

Boost agrarian tourism

“By encouraging hoteliers to invest in rural areas, the CNMA also helps to boost agrarian tourism, thus opening new perspectives for the local and national economy », it was underlined. In his speech, the Director General of the CNMA, Cherif Benhabiles indicated that this convention marks « an important step in the history of the two » organizations.

“This convention paves the way for enhanced cooperation in key areas such as risk prevention, disaster management, and coverage of assets and activities in the tourism sector”, he concluded.

October 8, 2024 | algeria-logo

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