Albingia SA
Albingia SA is a 100% French, independent specialty insurer founded in 1962 that underwrites ten commercial risk branches (construction, technical, property, liability, maritime, art, etc.) exclusively through ~5,000 French insurance brokers, generating €355M of FY2025 premium revenue.
- Company typePrivate
- Founded1962
- HeadquartersLevallois-perret, France
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Albingia SA does
Albingia SA is a 100% French, independent specialty insurance company founded in 1962 and headquartered in Levallois-Perret, focused exclusively on commercial (B2B) risk coverage for French SMEs, mid-sized enterprises, and large corporates. The company underwrites ten core branches — Construction (DO, TRC, RCMO, Engineering), Technical Risks, Property Damage, Civil Liability, Maritime & Transport, Special Risks, Art & Precious, Person Insurance, Legal Protection, and Work Accident / Occupational Disease — with a combined ratio of 81.4% and FY2025 revenue of €355M.
The business operates a broker-only distribution model that has been unchanged since founding, intermediated through approximately 5,000 active insurance brokers organized across 7 regional delegations and 17 brokerage animation sectors. Each broker is supported by a dedicated relationship manager, technical underwriting access, and an annual DDA training program (20 sessions delivered in 2025). Underwriting and claims operations are organized in a matrix that combines regional delegation authority with national product-line expertise; headquarters claims handling alone accounts for roughly one-third of the 160+ head office staff. Underlying technology consists of an insurance underwriting and claims management platform augmented in 2025 with BI dashboards for brokers, RPA automations, and pilot AI workloads overseen by a newly created Direction innovation & sécurité.
Albingia generates revenue entirely through insurance premiums across its specialty branches, priced on a quote-based, risk-assessed basis and billed annually. Premiums grew 33% over five years to €355M in 2025, supported by a €1.2B balance sheet, €444.7M of prudential equity, and a 286% Solvency 2 ratio. The company paid €56.4M in broker commissions, settled €139.6M in claims, and holds €275M of investments deployed in the French real economy. Ownership is held by institutional, family, and employee shareholders, with 38% of the 343 employees holding equity following a 2025 recapitalization that gave management majority control to support the Albingia 2030 strategic plan.
Albingia SA firmographics
Firmographics- Name
- Albingia SA
- Legal name
- ALBINGIA
- Website
- http://www.albingia.fr/
- Company type
- Private
- Founded year
- 1962
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Albingia SA is a 100% French, independent specialty insurer founded in 1962 that underwrites ten commercial risk branches (construction, technical, property, liability, maritime, art, etc.) exclusively through ~5,000 French insurance brokers, generating €355M of FY2025 premium revenue.
- Ownership category
- akta.pro rank
Albingia SA industry classification
Industry- Product category
- Commercial Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers (5241), Insurance Carriers and Related Activities (524)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Large Commercial Package (National Accounts) (FSAJAFAC)
- akta.pro secondary industries
- Premises/Operations Liability Umbrella / Excess (FSAJANAL), Employer’s Liability Umbrella / Excess (FSAJANAJ), Commercial Excess Liability (Large Accounts) (FSAJANAG), Co-Employment Risk Management & Insurance (Workers’ Comp, Liability) (BPACAGAH)
Keywords
Where Albingia SA is headquartered
LocationHeadquarters
- HQ city
- Levallois-perret
- HQ country
- France
- HQ region
- Europe
Offices8 records
Markets served
Albingia SA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Premiums - Multiple Business Risk Branches: Albingia generates revenue through insurance premiums across 8 specialty branches: Construction Risks (DO, TRC, RCMO, Engineering), Technical Risks (machine breakage, IT, mounting trials, renewable energies), Property Damage, Civil Liability, Special Risks, Maritime & Transport, Art & Precious, and Individual Accident. Revenue grew 33% over 5 years to reach 355M€ in 2025.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Custom enterprise insurance policies priced based on risk assessment |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Albingia SA product offering
Product offeringCore offering
Albingia is a 100% French, independent insurance company founded in 1962 that designs and underwrites specialized business risk insurance products across ten branches (construction, technical risks, property damage, civil liability, maritime & transport, special risks, art & valuables, person insurance, legal protection, work accident). Policies are distributed exclusively through a network of approximately 5,000 partner insurance brokers across France, targeting SMEs, mid-market firms and large enterprises. The company employs 343 staff, with 38% of employees also acting as shareholders, and operates from its Paris headquarters supported by seven regional delegations.
Product overview
Albingia SA operates as a specialized business insurance company offering a comprehensive portfolio of 10 core insurance branches distributed exclusively through a network of approximately 5,000 insurance brokers across France. The product portfolio spans construction risks (DO, TRC, RCMO, Engineering), technical risks (machine breakdown, IT/electronics, renewable energy), property damage, civil liability, maritime & transport, special risks (events, audiovisual), art & valuables, person insurance, legal protection, and work accident coverage. This multi-branch architecture allows Albingia to serve SMEs, ETIs, and large enterprises with tailored coverage for complex risks.
Differentiator
Problem solved
Functional benefit
Products and services
- Construction Insurance
Quantifiable outcome
- 286% Solvency 2 ratio - nearly 3x minimum regulatory requirement
- +5 more outcomes
Companies that use Albingia SA
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles2 records
Albingia SA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature4 records
Albingia SA partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- France AssureurscoreMember of France Assureurs, the French insurance industry association, providing industry representation and regulatory engagement.
- AMRAEcoreMember of AMRAE (Association pour le Management des Risques et des Assurances de l'Entreprise), the French risk management association. Active participant in annual AMRAE encounters and events.
- ROAMcoreMember of ROAM (Réseau des Organismes d'Assureurs Maladie), the network of health insurance organizations in France.
- CEFAREAminorMember of CEFAREA, a professional insurance association in France.
- CSCAcorePartner of CSCA (Courtiers et Sociétés de Courtage d'Assurances), the brokerage industry association. Albingia won #1 award at CSCA Planète Trophies in 2025.
- ADRECAminorRegional partner of ADRECA (Association des Décideurs en Risques et Assurances), regional risk management association.
- CESAMcorePartner of CESAM (Comité d'Etudes et de Services des Assureurs Maritimes et Transports), the maritime and transport insurance association. Albingia was sponsor of Paris Mat 2025 annual maritime insurance event.
Scale indicators16 records
Recent moves8 records
Expansion highlights6 records
Albingia SA competitors and assessment
Company assessmentEmerging players
- Chubb France: Chubb France is the French arm of a global specialty insurer with a strong mid-market and large-account commercial P&C franchise distributed through brokers. It directly competes with Albingia in professional liability, specialty property, and high-net-worth segments.
- AIG France: AIG France is a specialty-focused global insurer with a French commercial P&C and liability book distributed through brokers. It competes with Albingia on specialty risks, professional liability, and complex mid-to-large corporate accounts.
- Hiscox France: Hiscox France is a specialty insurer targeting SMEs and mid-market businesses through brokers with professional liability, cyber, and property products. It is a comparable specialty broker-distributed player to Albingia, though with a narrower product range.
Broad incumbents
- Covéa (MAAF, MMA, GMF): Covéa is a leading French mutual insurance group with substantial commercial P&C exposure through its MAAF and MMA brands. It competes with Albingia for SME, mid-market, and large-enterprise business across overlapping specialty lines.
- Groupama: Groupama is a major French mutual insurer with deep regional presence and a significant commercial P&C book for SMEs, farmers, and professionals. It overlaps with Albingia across property, liability, and specialty business risks distributed through its regional network.
- Generali France: Generali France operates a broad commercial P&C and specialty portfolio with strong broker distribution, overlapping with Albingia in property damage, civil liability, construction, and transport insurance for French enterprises.
- AXA France: AXA France is the largest general insurer in France, offering overlapping commercial P&C, civil liability, construction, and property damage products. While much broader in scope than Albingia, it competes for the same large-enterprise and mid-market broker-distributed business.
- Zurich Insurance France: Zurich Insurance France is part of a global insurer with a meaningful French commercial P&C and specialty book, distributed through brokers. It overlaps with Albingia across property, liability, construction, and engineering lines for corporate clients.
- Allianz France: Allianz France is a major multi-line insurer with a sizable commercial P&C and specialty book distributed through brokers. It competes with Albingia across property, liability, and engineering lines, particularly for larger French corporate accounts.
Direct peers
- SMABTP: SMABTP is a French mutual insurer specialized in construction and building-trade risks, directly competing with Albingia's Construction branch (DO, TRC, RCMO). Both serve construction professionals and project owners with similar mandatory and complementary coverages.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Albingia SA social profiles
Digital presenceAlbingia SA compliance and trust
Trust signalCompliance1 record
Albingia SA financial estimates
Financial estimateRevenue estimate
Valuation estimate
Albingia SA leadership team
Management profileNumber of profiles
Profiles7 records
Albingia SA funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Albingia SA M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Albingia SA
What does Albingia SA do?
Albingia is a 100% French, independent insurance company founded in 1962 that designs and underwrites specialized business risk insurance products across ten branches (construction, technical risks, property damage, civil liability, maritime & transport, special risks, art & valuables, person insurance, legal protection, work accident). Policies are distributed exclusively through a network of approximately 5,000 partner insurance brokers across France, targeting SMEs, mid-market firms and large enterprises. The company employs 343 staff, with 38% of employees also acting as shareholders, and operates from its Paris headquarters supported by seven regional delegations.
Is Albingia SA a public or private company?
Albingia SA is a private company. It is classified as management employee owned and is currently operating.
When was Albingia SA founded?
Albingia SA was founded in 1962. It employs 101 to 250 people.
Where is Albingia SA based?
Albingia SA is headquartered in Levallois-perret, France, in the Europe region.
How does Albingia SA make money?
One revenue line is on record: insurance Premiums - Multiple Business Risk Branches.
Who are Albingia SA's main competitors?
Emerging players on record are Chubb France, AIG France and Hiscox France. Broad incumbents are Covéa (MAAF, MMA, GMF), Groupama, Generali France, AXA France, Zurich Insurance France and Allianz France. SMABTP is listed as a direct peer.
Does Albingia SA have an API?
No public API is recorded for Albingia SA.
What industry is Albingia SA in?
Albingia SA's product category is Commercial Insurance. Its primary akta.pro industry code is FSAJAFAC, Large Commercial Package (National Accounts), with a secondary code of FSAJANAL, Premises/Operations Liability Umbrella / Excess. Its NAICS code is 524126 and its SIC code is 6331.