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Caci in e3m R&D plan

CREDIT insurance subsidiary of Credit Agricole Assurances Caci will invest €3.2m in establishing an R&D centre of excellence in Dublin.

Caci is a specialist company which provides payment protection insurance (PPI) and related products. The new centre has the support of IDA Ireland and will initially focus on enhancing the group's risk management and modelling capabilites.

Based in France, Caci has 300 employees operating across Europe. Caci has had an office in Ireland for the past 12 years and currently has more than 80 employees in Dublin.

The Irish operation has specialist capability within the group that has resulted in the R&D win for the Dublin subsidiary.