Welfaire
Welfaire is a French insurtech founded in 2022 that distributes health and provident insurance to self-employed professionals (TNS) in France via a 100% digital platform and a network of 1,000+ independent brokers.
- Company typePrivate
- Founded2022
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Welfaire does
Welfaire is a French insurtech founded in 2022 that distributes complémentaire santé (health) and prévoyance (provident/life-disability) insurance products exclusively to self-employed professionals (TNS) in France, including artisans, merchants, liberal professions, and company directors. The company operates a 100% digital platform built on Microsoft Azure, accessible to brokers through the Welfaire Courtier Portal and to policyholders through the Assuré mobile application on iOS and Android. All contracts are fully digitized with no medical questionnaire, and the company claims a 2-minute average response time for broker requests and approximately 30% administrative time savings for partner brokers.
The business model is that of a regulated insurance broker: Welfaire is registered with ORIAS as a category B broker and is supervised by the ACPR, and it earns commission on the premiums it places with carrier partners rather than underwriting risk itself. Distribution is hybrid — primarily through a network of 550-1,000+ independent brokers across France (with white-label co-branding available for partners), supplemented by direct digital access. Products are structured as monthly premium contracts that are eligible for Loi Madelin tax deductibility for the self-employed, and the company has extended its offering beyond pure insurance into a community (the Welfaire Association) for TNS policyholders. Welfaire is GDPR-compliant, headquartered in the Île-de-France region, and has 11-50 employees.
Welfaire firmographics
Firmographics- Name
- Welfaire
- Legal name
- Welfaire
- Website
- https://welfaire.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Welfaire is a French insurtech founded in 2022 that distributes health and provident insurance to self-employed professionals (TNS) in France via a 100% digital platform and a network of 1,000+ independent brokers.
- Ownership category
- akta.pro rank
Where Welfaire is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Welfaire business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Health Insurance Premiums: Welfaire generates revenue through monthly insurance premiums paid by professionals for complementary health insurance (complémentaire santé) and supplemental health insurance (sur-complémentaire santé) coverage. The company offers 5 basic health plans and 3 supplemental health plans with modular options.
- Provident Insurance Premiums: Revenue from prévoyance (provident) insurance products covering death/PTIA, temporary incapacity (sick leave), and permanent incapacity (disability). All products include Loi Madelin tax deductibility benefits for professionals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Custom quote-based pricing tailored to individual professional profiles |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Welfaire product offering
Product offeringCore offering
Welfaire provides 100% digital complementary health insurance (Complémentaire Santé and Sur-complémentaire Santé) and provident insurance (Prévoyance covering death/PTIA, temporary incapacity, and permanent disability) exclusively to French self-employed professionals — artisans, merchants, liberal professions, and company directors. All products are eligible under the Loi Madelin for tax deductions and are distributed solely through a network of expert insurance brokers supported by a digital platform that handles quotes, subscriptions, claims, and real-time reimbursements.
Product overview
Welfaire is a digital health and provident insurance platform for professionals (artisans, merchants, liberal professions, company directors), operating exclusively through a network of expert brokers. The offering is built around two core insurance products — Complémentaire Santé and Prévoyance — supported by dedicated digital interfaces: the Assuré mobile/web application for policyholders to manage their coverage, and the Courtier Portal for brokers to handle the full contract lifecycle. All interactions are fully digitized, with real-time claim processing, electronic document signing, and a digital insurance card.
Differentiator
Problem solved
Functional benefit
Products and services
- Complémentaire Santé (Santé Coverage)
Quantifiable outcome
- Brokers save 30% of their daily administrative time through automation
- +2 more outcomes
Companies that use Welfaire
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Welfaire technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Welfaire partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor.
- Fondation de FranceminorSupported by the Welfaire Association, Fondation de France receives contributions from Welfaire's community of policyholders. The foundation supports various charitable causes in France.
- Vaincre AlzheimerminorSupported by the Welfaire Association through member polling and community funding. The foundation focuses on Alzheimer's research and patient support.
- Breast Cancer ResearchminorSupported by the Welfaire Association as part of its mission to strengthen health services in France through philanthropy and partnerships with health professionals.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Welfaire competitors and assessment
Company assessmentDirect peers
- Alan: Alan is a French digital health insurer offering complementary health insurance to companies and self-employed professionals via a fully digital platform—directly comparable to Welfaire in core product (complementary health), target customer (self-employed professionals), and digital-only distribution model.
Emerging players
- Luko: Luko is a French insurtech offering home and personal insurance through a mobile-first experience. It overlaps Welfaire in French digital-first distribution and consumer brand-building, though its primary product is home rather than health/provident.
- Lovys: Lovys is a French digital insurance platform bundling multiple personal lines and targeting self-employed and family customers. Overlaps with Welfaire in French digital insurance, multi-product positioning, and an emphasis on simplified customer experience.
Regional players
- Hiscox France: Hiscox France is the French arm of Hiscox Group, a specialist insurer serving SMEs, freelancers, and professionals with professional liability and specialty products. Comparable to Welfaire in targeting self-employed professionals, though with a global broker model rather than a digital-broker hybrid.
Broad incumbents
- AXA France: AXA France is the dominant French insurance incumbent offering complementary health, prévoyance, and professional lines through a large proprietary agent/broker network. Comparable to Welfaire as a broad, established provider of the same insurance categories for self-employed professionals.
- Henner: Henner is one of France's largest insurance brokers and group health/welfare specialists serving corporates and professionals. Comparable to Welfaire as a broker-led distribution player, but at significantly larger scale and with broader corporate and international clientele.
- Malakoff Humanis: Malakoff Humanis is a major French health and prévoyance insurance group serving both groups and individuals, including professional self-employed customers. Comparable to Welfaire in core complementary health and prévoyance offerings for professionals.
- Covéa: Covéa is a major French mutual insurance group (MAAF, MMA, GMF) offering health, prévoyance, and professional lines. Comparable to Welfaire as a broad incumbent providing complementary health and provident coverage to individuals and professionals in France.
Others
- Shine: Shine is a French neobank for self-employed professionals (micro-businesses, freelancers). Not an insurer, but directly comparable in targeting the same artisan, merchant, and liberal profession customer base that Welfaire serves—making it an adjacent ecosystem and potential cross-sell partner.
- Qonto: Qonto is a French business banking platform focused on SMEs and self-employed professionals. While not an insurance provider, it shares Welfaire's core target customer and is a likely distribution and cross-sell partner in the same SMB tooling stack.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Welfaire social profiles
Digital presenceWelfaire compliance and trust
Trust signalCompliance2 records
Welfaire financial estimates
Financial estimateRevenue estimate
Valuation estimate
Welfaire leadership team
Management profileNumber of profiles
Profiles1 record
Welfaire funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Welfaire M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Welfaire
What does Welfaire do?
Welfaire provides 100% digital complementary health insurance (Complémentaire Santé and Sur-complémentaire Santé) and provident insurance (Prévoyance covering death/PTIA, temporary incapacity, and permanent disability) exclusively to French self-employed professionals — artisans, merchants, liberal professions, and company directors. All products are eligible under the Loi Madelin for tax deductions and are distributed solely through a network of expert insurance brokers supported by a digital platform that handles quotes, subscriptions, claims, and real-time reimbursements.
Is Welfaire a public or private company?
Welfaire is a private company. It is classified as venture growth investor backed and is currently operating.
When was Welfaire founded?
Welfaire was founded in 2022. It employs 11 to 50 people.
Where is Welfaire based?
Welfaire is headquartered in Paris, France, in the Europe region.
How does Welfaire make money?
Two revenue lines are on record. Health Insurance Premiums are the primary driver. The others are provident Insurance Premiums.
Who are Welfaire's main competitors?
Alan is listed as a direct peer. Emerging players are Luko and Lovys. Hiscox France is listed as a regional player. Broad incumbents are AXA France, Henner, Malakoff Humanis and Covéa. Others are Shine and Qonto.
Does Welfaire have an API?
No public API is recorded for Welfaire.