Ardian bought a majority stake in Opteven, an insurance company specializing in mechanical breakdown cover, maintenance contracts and assistance, in 2018.
Headquartered in Lyon, Opteven operates in 8 European countries, with offices in Italy, the UK, Spain and Germany. In 2018, it managed almost 500,000 claims and it has a portfolio of more than 1 million automotive service contracts and nearly 3 million breakdown assistance contracts.
All companies are expected to contribute to the achievement of full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value. These challenges are underlined by the United Nations Sustainable Development Goals n°8 “Decent Work and Economic Growth” and n°5 “Gender Equality”. Women are under-represented in executive positions at Opteven. Although 53% of employees are women, just 22% of top executives are female.
Opteven scored highly (93/100) on the Gender Equality Index on factors such as the average pay gap between women and men, the variation in individual pay rises and the number of women returning to work after maternity leave. It also recorded scores above 85% for employee satisfaction for company treatment of issues such as gender, origin, sexual orientation, and disability, according to the Great Place to Work survey 2019.
Opteven is launching several initiatives to increase diversity and equal opportunities, such as setting up procedures for recruiting support managers without seeing CVs to prevent any risk of discrimination during the first selection stages of job applications. In 2020, Opteven committed itself to a goal of increasing the proportion of employees with disabilities among its workforce. It aims to reach a target of 6% of its workforce having disabilities within the coming years.