MACSF
MACSF is a French mutual insurance company founded in 1935, providing professional liability, health, retirement, life, auto, and home insurance to 1.2+ million healthcare professionals and their families across France, generating €3.4 billion in annual revenue.
- Company typePrivate
- Founded1935
- HeadquartersLa Défense, France
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What MACSF does
MACSF (Mutuelle d'Assurance du Corps de Santé Français), founded in 1935 and headquartered in Puteaux (La Défense), France, is a mutual insurance company — a Société d'Assurance Mutuelle — that provides insurance and financial services exclusively to French healthcare professionals. It is the 1st and largest insurer of healthcare professionals in France, with 1.2+ million sociétaires (member policyholders) and 2.5 million contracts in force, generating €3.4 billion in annual revenue in 2025. The company is wholly owned by its policyholders rather than external shareholders, operates without commission-driven salespeople, and is regulated by the ACPR.
The product portfolio is anchored on RCP-PJ (mandatory professional liability and legal protection insurance) for doctors, dentists, nurses, pharmacists, veterinarians, and other medical practitioners, and extends into complementary health insurance (mutuelle), prévoyance (income protection), life insurance, retirement savings (PER), auto, home, and professional credit. Supplementary add-on modules include cyber risk insurance, the MACSF.one professional banking account, remote premises monitoring (Protect Pro/Home), the Synapse prescription-safety tool, a 24/7 medical-legal hotline, and professional training services. Distribution is hybrid: 70 commercial agencies across France staffed by non-commissioned advisors, complemented by a customer-facing website, iOS/Android mobile app, online personal space, and presence at healthcare industry events such as ADF 2026 and WONCA 2026.
The business model is recurring-premium driven through a mutual structure in which surpluses are retained for member benefit rather than distributed to external shareholders. Revenue is diversified across insurance premiums, savings products (life insurance, PER), and ancillary financial services, with a customer base spanning liberal professionals, hospital employees, healthcare students, healthcare establishments, and member families. Beyond its core insurance activities, MACSF deploys a strategic investment portfolio into healthcare delivery, senior living, diagnostics, biotechnology, and European B2B technology, including stakes in emeis (50.2% via MACSF Epargne Retraite), Vivalto Santé (8.8%), Vivalto Vie (20%), Cerballiance, and limited-partner commitments to venture funds such as Elaia Digital Venture Fund V and the Lifento Care fund.
MACSF firmographics
Firmographics- Name
- MACSF
- Legal name
- MACSF assurances - Société d'Assurance Mutuelle - Entreprise régie par le Code des Assurances
- Website
- https://www.macsf.fr/
- Company type
- Private
- Founded year
- 1935
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- MACSF is a French mutual insurance company founded in 1935, providing professional liability, health, retirement, life, auto, and home insurance to 1.2+ million healthcare professionals and their families across France, generating €3.4 billion in annual revenue.
- Ownership category
- akta.pro rank
MACSF industry classification
Industry- Product category
- Professional Liability Insurance
- NAICS
- Direct Health and Medical Insurance Carriers (524114), Direct Life, Health, and Medical Insurance Carriers (52411), Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Carriers, Nec (6399), Accident & Health Insurance (6321), Life Insurance (6311), Hospital & Medical Service Plans (6324)
- akta.pro primary industry
- Own-Occupation Specialty Disability Insurance (Professional Occupations) (FSAIAIAI)
- akta.pro secondary industries
- Standalone Critical Illness Insurance (FSAIAKAA), Key Person Disability Insurance (FSAIAIAK)
Keywords
Where MACSF is headquartered
LocationHeadquarters
- HQ city
- La Défense
- HQ country
- France
- HQ region
- Europe
Offices2 records
Markets served
MACSF business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Insurance Premiums: MACSF generates revenue primarily through insurance premiums collected from policyholders across its portfolio of insurance products including health insurance, professional liability insurance, retirement savings products (PER), and life insurance. As a mutual insurance company (assurance mutuelle), it operates on a non-profit-distributing model where surpluses benefit societaries/members rather than external shareholders. Premiums are recurring in nature, billed on an annual or periodic basis depending on the product type.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based insurance premiums tailored to individual healthcare professional profiles |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
MACSF product offering
Product offeringCore offering
MACSF is a mutual insurance company that provides a comprehensive portfolio of insurance and financial products tailored to healthcare professionals in France. Its core offering is mandatory professional liability and legal protection insurance (RCP-PJ) for physicians, dentists, nurses, and other medical professionals, complemented by complementary health insurance (mutuelle santé), provident/disability coverage, life insurance, retirement savings plans (PER), property and auto insurance, and professional credit. The company also offers digital services, a professional banking account, remote monitoring, training, and 24/7 medical-legal hotline.
Product overview
MACSF operates as a mutualist insurance group offering a comprehensive portfolio of insurance and financial products tailored for healthcare professionals. The core product offering centers on RCP-PJ (Responsabilité Civile Professionnelle et Protection Juridique), the mandatory professional liability and legal protection insurance that serves as the primary product for physicians, dentists, nurses, and other medical professionals. This is complemented by health insurance (mutuelle complémentaire santé), provident insurance (prévoyance), and life/health accident coverage (GAV). Beyond protection insurance, MACSF provides wealth management through life insurance (assurance vie) and retirement savings plans (PER), as well as personal property insurance (auto, home, bicycle, boat) and professional financing solutions (credit, leasing). Digital service add-ons include the MACSF mobile application, MACSF.one banking account, Protect Pro/Home remote monitoring, Synapse prescription safety tool, 24/7 medical-legal hotline, and professional training services. The offering is structured as a multi-product platform with core mandatory insurance products supported by supplementary add-on modules and digital services.
Differentiator
Problem solved
Functional benefit
Products and services
- RCP-PJ (Responsabilité Civile Professionnelle & Protection Juridique) Mandatory professional liability insurance covering civil liability claims and legal protection for healthcare professionals (doctors, dentists, nurses, veterinarians, paramedics), available for individuals (liberal, hospital, salaried) and legal entities (group practices, health centers, associations, CPTS).
- Mutuelle complémentaire santé Supplementary health insurance (mutual insurance) offered to healthcare professionals and their families, available as individual plans for students, interns, liberal professionals, and hospital employees, as well as collective plans for dental offices and other healthcare structures.
- Assurance prévoyance Provident insurance providing income protection for healthcare professionals in case of work stoppage, disability, or death, with specific plans tailored for interns, liberal professionals, and hospital employees.
- Assurance auto Automobile insurance covering vehicles for healthcare professionals, with options for damage coverage, third-party liability, and digitalized assistance services including e-depanneuse.
- Assurance habitation Multi-risk home insurance for healthcare professionals covering their primary residence, with specialized options for students, non-occupant owners, and shared housing, supporting circular economy through repair and replacement with reconditioned parts.
- Assurance vie Life insurance savings product offered through MACSF épargne retraite, providing long-term savings and investment options with various fund selections.
- Plan d'épargne retraite (PER) Retirement savings plan offering tax advantages for healthcare professionals to build retirement savings, with current promotion of 0% fees at subscription and on all contributions.
- Crédit professionnel Professional financing solutions including auto credit, equipment financing, professional real estate loans, and liberal installation loans for healthcare professionals starting or expanding their practice.
- Assurance cyber-risques Cyber risk insurance protecting healthcare professionals against digital threats, data breaches, and cyberattacks, which have increased significantly with nearly two attacks per day targeting the sector.
- MACSF.one Professional banking account offering integrated financial services for healthcare professionals to manage their professional finances.
- Hotline médico-légale 24/7 Round-the-clock medical-legal hotline providing healthcare professionals with immediate access to legal guidance and support for professional liability concerns.
Quantifiable outcome
- 1.2+ million healthcare professionals insured as societaries
- +2 more outcomes
Companies that use MACSF
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
MACSF technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
MACSF partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights6 records
MACSF competitors and assessment
Company assessmentBroad incumbents
- Malakoff Humanis: Major French mutual group providing health, prévoyance, retirement and savings coverage to employees and self-employed professionals. Comparable as a large French mutual insurer with overlapping health and prévoyance products and similar group-mutual governance structure.
- CNP Assurances: Major French life and health insurer, partly owned by La Banque Postale, with deep reach into personal risk, retirement and protection insurance. Comparable to MACSF in life insurance and retirement savings (PER) products and in operating under the French Code des Assurances.
- SwissLife France: French subsidiary of SwissLife offering life insurance, health, prévoyance and wealth management to individuals and professionals. Comparable on life insurance, PER and prévoyance, particularly for the self-employed healthcare professional segment.
- Crédit Agricole Assurances: Bancassurance arm of Crédit Agricole distributing life, health and P&C insurance through the Caisses Régionales network. Comparable as a large French multi-line insurer with health and savings offerings that overlap with MACSF's mutuelle, assurance vie and PER products.
- AG2R La Mondiale: French mutual insurer specialising in retirement, prévoyance and health for individuals and corporates. Comparable to MACSF's retirement (PER, assurance vie) and prévoyance product lines and mutual governance.
- Allianz France: French arm of Allianz providing P&C, health, life and savings products to individuals, professionals and corporates. Comparable as a multi-line French insurer with product overlap in health, life and auto/home cover offered by MACSF.
- AXA France: Largest generalist insurer in France offering P&C, health, life and savings products to individuals and professionals including healthcare practitioners. Comparable as a multi-line French insurer with significant professional and health exposure, but not specialised exclusively in the healthcare-professional vertical.
- Covéa (MAAF / MMA / GMF): Mutual insurance group combining MAAF, MMA and GMF, covering P&C, health and savings for individuals and professionals in France. Comparable as a French mutual multi-line insurer with similar non-profit-distributing governance model.
Direct peers
- Harmonie Mutuelle: Leading French health mutuelle serving individuals and professionals including healthcare workers, with health, prévoyance and savings products. Directly comparable to MACSF on health/prevoyance products and mutual governance, with overlap on the healthcare-professional segment.
Others
- MACSF prévoyance / MACSF épargne retraite: Wholly-owned subsidiaries of MACSF providing prévoyance and life/PER products. Not a peer but a structural reference for how MACSF decomposes its product lines into distinct legal entities, similar to other French insurance groups that ring-fence health, life and savings.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
MACSF social profiles
Digital presenceMACSF compliance and trust
Trust signalCompliance2 records
MACSF financial estimates
Financial estimateRevenue estimate
Valuation estimate
MACSF leadership team
Management profileNumber of profiles
Profiles6 records
MACSF subsidiaries and ownership
Company hierarchySubsidiaries5 records
MACSF funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MACSF M&A and investment
M&A and investmentM&A
Investments25 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MACSF
What does MACSF do?
MACSF is a mutual insurance company that provides a comprehensive portfolio of insurance and financial products tailored to healthcare professionals in France. Its core offering is mandatory professional liability and legal protection insurance (RCP-PJ) for physicians, dentists, nurses, and other medical professionals, complemented by complementary health insurance (mutuelle santé), provident/disability coverage, life insurance, retirement savings plans (PER), property and auto insurance, and professional credit. The company also offers digital services, a professional banking account, remote monitoring, training, and 24/7 medical-legal hotline.
Is MACSF a public or private company?
MACSF is a private company. It is classified as management employee owned and is currently operating.
When was MACSF founded?
MACSF was founded in 1935. It employs 1,001 to 5,000 people.
Where is MACSF based?
MACSF is headquartered in La Défense, France, in the Europe region.
How does MACSF make money?
One revenue line is on record: insurance Premiums.
Who are MACSF's main competitors?
Broad incumbents on record are Malakoff Humanis, CNP Assurances, SwissLife France, Crédit Agricole Assurances, AG2R La Mondiale, Allianz France, AXA France and Covéa (MAAF / MMA / GMF). Harmonie Mutuelle is listed as a direct peer. MACSF prévoyance / MACSF épargne retraite is listed as an others.
Does MACSF have an API?
No public API is recorded for MACSF.
What industry is MACSF in?
MACSF's product category is Professional Liability Insurance. Its primary akta.pro industry code is FSAIAIAI, Own-Occupation Specialty Disability Insurance (Professional Occupations), with a secondary code of FSAIAKAA, Standalone Critical Illness Insurance. Its NAICS code is 524114 and its SIC code is 6399.