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Our corporate mission is to enable transparent and impactful insurance. This means no hidden costs, no drawn-out processes, no confusing terms and conditions! We believe that to meet the actual needs of the end customer, transparency is key.
Because we are convinced that insurers have a key role to play in social and environmental matters, we became a Mission-driven company in March 2021.
Wakam is committed to being more than just an insurer. Through initiatives like the FreeDay, which allows our employees to dedicate one day a month to charitable projects, and our donation fund supporting high-impact causes, we are determined to drive meaningful change.
To achieve our goal we have defined commitments that are at the heart of our processes
Our contractual clauses are in plain language to make our products easier to read and understand. And we demonstrate this clarity with a useful readability score.
We ensure a fair split of value between the stakeholders for all our businesses (excluding too high commission levels or too low loss ratios), and provide top-quality and protective coverage. We forgo businesses that do not comply to our policy standards.
Wakam for Good is an endowment fund dedicated to helping financially and psychologically vulnerable people through committed grassroots NGOs. The more our partners contribute, the more impactful it will be!
As a Mission-driven company, we have a Mission Committee with 5 executive members, appointed by governing board. Its role: to be a governing force that protects our commitments.
Rémi Grenier
In this mission report, you will discover the various projects and achievements Wakam implemented during its first year as a Mission-driven Company.
