The Groupama Group
A mutual insurance, banking and financial services group, Groupama has 39,000 employees serving 16 million members and customers.
History of Groupama video
Watch our corporate video to learn about Groupama in France and internationally.
Text version of the History of Groupama - TXT file 3.6 Kb This link opens in a new browser window
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About Groupama
As the second biggest multi-line insurer and the leading mutual insurer in France, Groupama is a sound company with a broad spectrum of business lines - life and non-life insurance, savings, now with the addition of a range of banking services - and a high-calibre financial structure. Groupama's ambition is to become one of the leaders of the European insurance market.
Firmly embedded in the French economic and social fabric, the Group makes its products and services available to private individuals, professionals, SMEs and institutions under two major brand names, GROUPAMA, distributed by the Groupama Regional Mutuals and GAN, distributed by networks of intermediaries.
Known as Groupama since 1986, the mutual insurer was formed in the late 19th century by farmers for their own requirements. In addition to consolidating its position as the leading agricultural insurer, Groupama is now active in a wide range of business sectors and caters for a broad clientele, as well as owning and steering one of France's largest companies, with over 6,000 local centres, 11 regional metropolitan centres and approximately 75,000 elected members.
Groupama has built itself up patiently over the last hundred years, constantly adapting to the economic challenges and specific needs of its members and customers. The Group's strength lies in the guiding principles it has inherited from agricultural mutual insurance: local presence, responsibility and solidarity.
The Group's history as well as its sphere of activity have meant that it has always been active in areas governed by economic, social and environmental responsibility: the prevention and management of risks are at the heart of the insurance profession.
Groupama is present in 14 countries in Europe and Asia: France, Italy, Spain, Great Britain, Portugal, Turkey, Greece, Hungary, Romania, Slovakia, Bulgaria, China and Vietnam. Groupama completes the acquisition of a 35% stake in Tunisian insurer Star.
Today, Groupama stands for:
- 16 million members and customers
- 39,000 employees
- A turnover of 17.6 billion eurps
- The international activities represent 30% of the Group's net assets
