Albingia

  • % HELD
    0 %
    % MANAGED
    0 %
    2018 Revenue
    0 M€
    picto
  • INVESTMENT DATE
    DECEMBER 2018
    picto
Dernière mise à jour : 18 / 04 / 2019
  • % HELD
    0 %
    % MANAGED
    0 %
    2018 Revenue
    0 M€
    picto
  • INVESTMENT DATE
    DECEMBER 2018
    picto
Dernière mise à jour : 18 / 04 / 2019
  • % HELD
    0 %
  • % MANAGED
    0 %
  • 2018 Revenue
    0 M€
    picto
  • INVESTMENT DATE
    DECEMBER 2018
    picto
Dernière mise à jour : 18 / 04 / 2019

- ABOUT -

Founded in Germany in 1901 and established in France since 1963, the company specializes in industrial risk insurance. Its extensive range of services covers equipment and machine insurance, protection of worksites and goods and insurance of events and valuables. The only independent player on the French market, Albingia distributes its products via a nationwide network of partner brokers. A unique model focusing on brokerage and proximity.

This business model designed to secure top-notch quality service through its regional decision-making teams, combining responsiveness, proximity and technical expertise for all industrial risks generates solid results. With assets worth around €1 billion, the company collected premiums of over €220 million in 2017, with a combined net ratio well below 85%. It also has a solvency ratio that greatly exceeds the regulatory requirements set by the European Solvency II Directive, making it one of the best signatures in the French insurance market.

- INVESTMENT CASE -

What is the transformation objective?

The acquisition of Albingia fits perfectly within Eurazeo’s investment strategy supporting high-quality assets carrying a strong development potential. With Eurazeo’s backing, Albingia will pursue its growth while safeguarding the key to its success: an independent company renowned for its service quality.

How will Eurazeo support Albingia?

Drawing on its guidance, know-how and its teams’ expertise in terms of business development, Eurazeo will be able to accelerate the transformation of Albingia to create an insurance consolidation platform in France and abroad. Eurazeo’s investment is a key milestone in the construction of the Albingia group. Eurazeo will support the management teams in accelerating the company’s development, particularly internationally. Its long-term institutional shareholders’ base coupled with its financial strength make Eurazeo the ideal partner for the future development of the Company, while strengthening its longstanding independence at the service of its partner brokers.  

Languages