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Groupe Covéa

@covea.eu

1er assureur de biens et responsabilité en France et 10ème réassureur mondial

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Groupe Covéa is a leading French mutual insurance company headquartered in Paris, France. It was established in 2000 through the merger of three mutual insurers - MAAF Assurances, MMA, and GMF Mutuelle. With a history dating back to the early 19th century, these three companies have a strong heritage in the French insurance industry.


The company's headquarters is located in Paris, France, specifically at 8-10 Boulevard de Vaugirard. This modern building serves as the central hub for Covéa's management and administrative functions. Groupe Covéa offers a wide range of insurance products and services.


Its primary focus is on property and casualty insurance, covering personal, automotive, and property risks. Additionally, the company provides life insurance and savings products, catering to individual and corporate clients. Globally, Groupe Covéa operates through its subsidiaries, which include MAAF Assurances, MMA, and GMF Mutuelle in France.


It also has international operations in Spain and Italy through its subsidiary, Covéa Coopérations. These subsidiaries enable the company to expand its offering across multiple markets and cater to a diverse customer base. In terms of market position, Groupe Covéa is one of the largest mutual insurance companies in France and enjoys a strong presence in the domestic market.


It competes with other major insurers like AXA, Allianz, and Groupama. While its global sales figures are not publicly disclosed, the company has a solid reputation and is known for its strong customer-centric approach and innovative insurance solutions. In recent years, Groupe Covéa has made significant achievements in its growth journey.


It has focused on digital transformation to enhance customer experience and streamline operations. The company also actively invests in technology-driven startups to drive innovation and stay ahead in the dynamic insurance landscape. As of the latest available information, Groupe Covéa continues to thrive as a leading insurance group in France and beyond, driven by its commitment to addressing the evolving needs of its customers and maintaining its competitive edge in the market

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Company Type

Privately Held

Company Size

201-500

Year Founded

2010

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