SMABTP

Name

SMABTP

Legal name

SMABTP

Website

https://smabtp.fr

Company type

Private

Founded year

1860

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Construction and real-estate insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Agencies, Brokerages, and Other Insurance Related Activities (5242), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399), Insurance Agents, Brokers & Service (6411), Life Insurance (6311)

akta.pro primary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

akta.pro secondary industry

SMB / Packaged Cyber Policies (FSAJAOAN)

Keywords

• Construction insurance
• Liability insurance
• Property and casualty
• Retirement savings plans
• Employee benefits

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Insurance premiums: SMABTP generates revenue primarily through insurance premiums from property and casualty, liability, and other insurance products covering construction professionals, real estate professionals, and individuals.
2. Savings and retirement products: The company also earns revenue from savings, retirement, and financial products including PER (Plan d'Épargne Retraite), life insurance, and investment contracts offered to policyholders and individuals.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

SMABTP is a French mutual insurance company that underwrites and distributes property-and-casualty, liability, construction-specific, health, provident, life and retirement-savings insurance for building and public-works professionals, real-estate professionals and individuals. Its portfolio spans mandatory covers (décennale, dommage-ouvrage, RC), all-risks construction (GLOBAL CHANTIER, TRC), drone liability (Assurdrones), employee benefits (BTP Prévoyance, BTP Santé Entreprise, Garantie Arrêts de travail, GSC), retirement savings (PER Individuel, PER Entreprise SMAvie), personal lines (home, auto) and corporate/fleet covers, sold through 9 regional advisor directions and a network of 600+ brokers.

Product overview

SMABTP is a specialized insurance provider for construction and real estate professionals in France, offering a comprehensive portfolio of insurance products and services. The company operates as a mutual insurance group with multiple sub-brands including SMAvie for health and retirement products. Core offerings include mandatory construction insurance (assurance décennale, dommage-ouvrage), specialized products like Assurdrones for drone operators, and employee benefits (BTP Prévoyance, BTP Santé Entreprise). The portfolio includes retirement savings products (PER Individuel, PER Entreprise), key person insurance (BATIPRÉVOYANCE Homme-Clé), and enterprise solutions (PASS'CMI for house builders, GLOBAL FABRICANT-NÉGOCIANT for manufacturers). Products are distributed through a network of advisors across 9 regional offices and over 600 partner brokers, with international presence in Spain, Portugal, Belgium, and Côte d'Ivoire.

Differentiator

Problem solved

Functional benefit

Brands

• Assurdrones: Insurance solutions dedicated exclusively to the use of civil drones
• SMAvie
• SMA Courtage
• SMABTP Courtage vie

Products and services

• Assurance décennale des professionnels du BTP Mandatory 10-year professional liability insurance for BTP construction professionals covering structural-defect liability for buildings.
• Assurance dommages-ouvrage Mandatory dommage-ouvrage insurance for project owners, enabling rapid repair of structural defects appearing within 10 years of building reception without first establishing liability.
• GLOBAL CHANTIER All-in-one construction insurance contract bundling dommage-ouvrage, maître d'ouvrage civil liability, Tous Risques Chantier (TRC) and constructor non-realizer responsibility.
• CCRD (Contrat collectif de responsabilité décennale) Second-line collective 10-year liability insurance for large construction projects exceeding €15 million, covering all project participants.
• Assurdrones Dedicated drone insurance solutions for civil drone operators covering civil liability and drone damage, theft and operational risks, distributed under the Assurdrones sub-brand.
• CYBER RISQUES Cyber risk insurance covering hacking, data theft and cyber extortion with 24/7 assistance and financial-consequence coverage.
• PER Individuel (Plan d'Épargne Retraite) Individual retirement savings plan allowing tax-deductible contributions with flexible withdrawal options for retirement income accumulation.
• PER Entreprise SMAvie Corporate retirement savings plan enabling employers to help employees build supplementary retirement savings with tax advantages under the SMAvie brand.
• SMAvie (health, provident and retirement solutions) Sub-brand bundling health, provident and retirement insurance products for individuals and businesses.
• Assurance emprunteur Loan insurance covering mortgage repayment in case of death, disability or work incapacity of the borrower.
• BTP Prévoyance Collective provident insurance for BTP-sector employees covering work stoppage, disability and death with options for all employee categories.
• BTP Santé Entreprise Collective health insurance for BTP-sector employees with multiple coverage options and a network of partner healthcare providers.
• Garantie Arrêts de travail Insurance covering employer obligations for 90-day salary maintenance during employee work stoppage for the BTP sector.
• BATIPRÉVOYANCE Homme-Clé Key-person insurance compensating companies for financial loss due to death or incapacity of essential employees or executives.
• Garantie Sociale des Chefs d'entreprise (GSC) Unemployment insurance for business owners and entrepreneurs not covered by standard employee unemployment insurance.
• MULTIRISQUE BUREAUX Multi-risk insurance for offices and tertiary spaces covering fire, theft, water damage with optional extended coverage.
• PASS'CMI Comprehensive insurance solution for individual house builders covering professional liability, ten-year warranty, construction site coverage and client guarantees.
• GLOBAL FABRICANT-NÉGOCIANT Insurance solution for BTP material manufacturers and distributors covering civil liability, product liability, environmental damage and professional risks.
• SOLUTION CONVENTION Insurance for financing severance and retirement indemnities required by collective agreements across various professional sectors.
• Assurance Auto des Particuliers Personal automobile insurance for individuals covering vehicle damage, liability and optional extended coverage.
• Assurance Flotte Fleet vehicle insurance for businesses with 5 or more vehicles providing comprehensive coverage tailored to professional needs.
• Garanties et cautions pour entreprises de BTP Bank guarantees and bonds for construction companies covering contract performance and advance payment guarantees.

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Matmut: French mutual insurer offering P&C, health, and savings products to individuals, professionals, and SMEs. Comparable mutual structure and similar multi-line distribution through regional advisor networks.
• MACIF: Large French mutual insurer with strong presence in property, auto, and personal lines for individuals and small businesses. Comparable mutual governance model and overlapping customer base with SMABTP's individual and SMB segments.
• MAAF (Covéa): Major French mutual insurer serving individuals and professionals across P&C and life. Comparable mutual structure, broad product set, and overlap with SMABTP in SMB professional and individual property/auto lines.
• Pro BTP: French mutual group dedicated to social protection and insurance for construction and real estate professionals. Closest direct comparable to SMABTP, with the same core customer base (BTP artisans, firms, employees) and similar mandatory décennale/dommage-ouvrage focus.
• Groupama: Leading French mutual insurance group with deep regional presence across P&C, life, and health for individuals and professionals. Comparable mutual governance and similar reliance on regional caisses/advisor networks.

Broad incumbents

• Allianz France: Global insurer with significant French presence in P&C, life, and commercial insurance for SMEs and large accounts. Overlaps with SMABTP on commercial package and construction professional risks but serves a broader market.
• AXA France: Largest French P&C and life insurer with broad coverage across individuals, professionals, and large enterprises. Overlaps with SMABTP in commercial P&C and employee benefits but does not specialize in BTP mandatory lines.
• Generali France: Major multi-line insurer in France offering P&C, life, and health products across retail and commercial segments. Comparable size and product breadth, with growing focus on professional/SMB segments that overlap with SMABTP's customer base.
• Covéa: Mutual insurance group combining MAAF, MMA, and GMF. One of the largest French P&C groups with comparable mutual governance and similar focus on individual and small business customers.

Others

• Crédit Agricole Assurances: Bancassurer arm of Crédit Agricole offering life, P&C, and creditor insurance through the bank's network. Comparable on life/savings and borrower insurance products that overlap with SMABTP's PER and Assurance Emprunteur offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/SMABTP
• Facebookfacebook.com/SMABTP
• LinkedInlinkedin.com/company/smabtp

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SMABTP