What Finaxy Group does

Finaxy Group is a French multi-specialist insurance broker founded in 2009 by Erick Berville, headquartered in Levallois-Perret and majority-owned by private equity firm Cinven since January 2025 (previously Ardian Expansion from July 2020). The company designs and distributes tailored commercial and personal insurance solutions through three pillars — Businesses & Institutions, Affinity & Partnerships, and Private Clientele — intermediating over €800 million in annual premiums and serving 12,000+ businesses. It operates 15 offices in France and 8 internationally, with a network reaching more than 50 countries through broker partners, and employs 430+ collaborators across a portfolio of more than 15 specialized subsidiary brands including Xplorassur (#1 travel insurance in France, €20M+ revenue, 5M+ clients), TEA Cerede (prestige vehicles, 15,000 clients), FINAXY Construction (€1.5B+ annual construction costs insured), Finaxy Fleet (70,000+ vehicles, mobile-app-driven claims management), Equinaxy, and Animaux Santé.

The business model is brokerage intermediation: Finaxy earns recurring commissions from insurance carriers on placed premiums, supplemented by advisory and consulting fees. Distribution is sales-led via dedicated commercial teams and regional offices, supported by partnerships with Autogriff (claims management/1,000 body shops), Altima/MAIF (prestige vehicle underwriting), MMA (Covery joint venture for commercial lines), and RiskMedia (Iberia/LATAM entry). Technology infrastructure is light and partnership-dependent: the Finaxy Fleet mobile app automates fleet claims declaration, while an AI integration roadmap targets internal productivity gains. Recent strategic direction under Cinven emphasizes accelerated M&A, technology investment, talent expansion, and international build-out, with notable acquisitions including RiskMedia (2025), Atekka (2026), and Gecar Cannes (2026).

Revenue is generated primarily through insurance brokerage commissions on intermediated premiums, with supplementary advisory and consulting fees for due diligence, risk analysis, and bespoke consulting services. The go-to-market is sales-led via dedicated teams organized by division (Enterprise, Affinity/Partnerships, Private Clientele) operating from 15 French offices and 8 international offices, complemented by channel/reseller relationships through specialized subsidiary brands, tour operators, affinity groups, and banking/insurance partnerships. Pricing is quote-based and customized per client risk profile, with annual billing cadences.

Name

Finaxy Group

Legal name

FINAXY Group SAS

Website

https://finaxygroup.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Finance and Insurance (52)

SIC

Insurance Agents, Brokers & Service (6411), Surety Insurance (6351), Accident & Health Insurance (6321)

akta.pro primary industry

Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE)

akta.pro secondary industries

Payments, Expense & FinTech Strategy (Card Programs/Settlement) (THACAMAI), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

Keywords

• Insurance brokerage services
• Commercial insurance programs
• Affinity insurance distribution
• Travel insurance solutions
• Private client insurance

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Intermediation / Brokerage Commissions: Finaxy Group acts as an insurance broker earning commissions from insurance companies for placing policies. The company intermediated over 800 million euros in premiums. Revenue is generated through commissions on placed premiums and fees for advisory services.
2. Advisory and Consulting Fees: In addition to insurance commissions, Finaxy receives fees from clients for certain advisory services, with amounts or calculation methods communicated separately. Professional services related to due diligence, risk analysis, and bespoke consulting also generate revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Finaxy Group is a multi-specialist insurance broker that designs, places, and manages tailored commercial and personal insurance programs for businesses, institutions, affinity partners, and private clients across France and 50+ countries. The group operates through three pillars — Enterprises & Institutions, Affinity & Partnerships, and Private Clientele — coordinated across 15 specialized subsidiary brands, intermediating over €800 million in annual premiums.

Product overview

Finaxy Group operates as a multi-specialist insurance broker offering a unified platform of tailored insurance and financial solutions across three strategic business pillars: (1) Business and Institution Risks, (2) Affinity Activities and Partnerships, and (3) Private Clientele. The portfolio comprises the core Finaxy Group broker brand supplemented by specialized sub-brands and acquired companies. Key products include Finaxy Fleet by Autogriff (automated fleet claims management via mobile app), Xplorassur (travel insurance subsidiary with €20M revenue), TEA Cerede (prestige vehicle insurance since 1960), FINAXY Construction (€1.5B+ annual construction costs insured), FINAXY International (25+ country coverage), ESS Solutions (social economy sector specialization), and various lines including executive protection, factoring, credit/financing, automobile dealer coverage, and industrial risk insurance. The group serves 12,000+ businesses and processes over €800 million in intermediated premiums.

Differentiator

Problem solved

Functional benefit

Brands

• TEA Cerede: Pioneer in exceptional vehicle insurance since 1960; serves 15,000 clients with 20,000+ vehicles insured.
• Xplorassur
• Animaux Santé
• Equinaxy
• Finaxy Fleet by Autogriff

Products and services

• Finaxy Group Insurance Brokerage (Multi-Specialist Collective) Multi-specialist insurance brokerage offering tailored commercial and personal insurance programs for businesses, institutions, affinity partners and private clients across France and 50+ countries; intermediating €800M+ in premiums annually.
• Finaxy Fleet by Autogriff Mobile application and fleet automobile insurance offering that automates accident declaration and damage estimation for fleet operators; reduces claims processing time by 5x and optimizes repair costs by ~15% on average. Covers 70,000+ vehicles for 10,000+ businesses.
• Xplorassur Travel Insurance Travel insurance and assistance product covering tour operating, school trips, vacation camps, seasonal rentals, cruises, sports tourism, cultural events and business travel; distributed through tour operators, agencies and event organizers.
• TEA Cerede Prestige Vehicle Insurance

Quantifiable outcome

• Over 800 million euros of intermediated premiums processed annually
• +5 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• AutogriffcoreTechnology or IntegrationFinaxy Group partnered with Autogriff, a specialist in remote damage estimation and bodywork repair, to launch Finaxy Fleet by Autogriff. The partnership enables fleet drivers to declare accidents via a mobile app with photo documentation, receiving a cost estimate within 4 hours. Autogriff's network of 1,000 body shops across France provides competitive repair pricing, reducing processing time by a factor of 5 and optimizing repair costs by approximately 15%.
• Altima Assurances (MAIF Group)minorStrategic or Co-development PartnerTEA Cerede, Finaxy Group's prestige vehicle insurance subsidiary, entered a partnership with Altima Assurances (a MAIF group company) to strengthen its Prestige insurance offering, providing new competitive pricing and an extended product range for TEA Cerede's 15,000 private clients.
• AutogriffcoreTechnology or IntegrationPartnership between Finaxy Group and Autogriff for the joint development and launch of Finaxy Fleet by Autogriff application. Development was completed in two months, integrating Autogriff's e-carrosserie technology with Finaxy's fleet insurance client base. The solution enables digitized accident declarations and competitive repair network services.
• MMA (Coventry Group)coreStrategic or Co-development PartnerIn 2016, MMA and Finaxy Group created a joint venture called Covery to develop their presence in the commercial insurance market. MMA's general agents use Covery to expand their offering and services for commercial risks. MMA is a major French insurance company.
• Assurinco Voyage, Présence Assistance, LibbelacoreStrategic or Co-development PartnerFinaxy Group acquired three companies — Assurinco Voyage, Présence Assistance, and Libbela (an insurtech) — to create Xplorassur, the number 1 in travel insurance and assistance in France. Xplorassur represents over 20 million euros in revenue with more than 5 million clients, covering tour operating, school trips, vacation camps, seasonal rentals, cruises, sports tourism, cultural events, and business travel.
• RiskMediaminorStrategic or Co-development PartnerFinaxy Group took a stake in RiskMedia, a Spanish brokerage company specializing in enterprise risk management and risks related to audiovisual, sports, and events sectors. RiskMedia is present in Spain and five Latin American countries, supporting Finaxy's international development strategy.
• Handi'ChiensminorOthersAnimaux Santé, a Finaxy Group subsidiary, sponsored the education of Scoon, an assistance dog for a person with a disability, via a donation to the Handi'Chiens association. The association, recognized as being of public utility, has trained and placed 2,300 assistance dogs since 1989.
• Tom Goron (Skipper)minorOthersFinaxy Group and its Xplorassur subsidiary partnered with professional sailor Tom Goron as skipper for the 57th Solitaire du Figaro Paprec 2026 sailing race. The partnership demonstrates the shared values of rigor, boldness, and resilience, and positions Finaxy as supporting risk-taking backed by preparation.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Aon France: Global insurance and reinsurance broker's French operation, competing with Finaxy Enterprise for multinational clients and complex risk placements, particularly in industrial and financial lines.
• Marsh France: French arm of global insurance broker Marsh & McLennan. Competes with Finaxy in large enterprise and international insurance programs, offering broader global capabilities but less specialization in French niche segments.
• Willis Towers Watson (WTW) France: Global advisory and brokerage firm with French presence, competing with Finaxy in risk management, insurance brokerage, and employee benefits advisory for mid-to-large enterprises.

Direct peers

• Verspieren: Independent French insurance broker serving enterprises, associations, and individuals with multi-line products and risk management consulting. Comparable mid-tier French broker with similar multi-segment approach to Finaxy.
• SPVIE Assurances: French insurance broker specializing in professional and SME insurance, affinity partnerships, and digital distribution. Comparable to Finaxy in targeting affinity and SME segments with digital distribution capabilities.
• Bessé (now part of Diot-SIACI group): French insurance broker specialized in industrial risks and complex corporate insurance programs. Comparable to FINAXY Construction and FINAXY International in industrial and complex commercial lines expertise.
• Filhet-Allard: French family-owned multi-specialist insurance broker with strong positions in marine, transport, aviation, and high-net-worth private client segments. Closely comparable to Finaxy in multi-specialist model and HNW focus.
• Diot-SIACI: Leading French insurance broker formed from the merger of Diot and SIACI Saint Honoré, offering corporate insurance, risk management, and HR benefits. Direct competitor to Finaxy in the French enterprise and specialty brokerage market.
• Siaci Saint Honoré (legacy brand under Diot-SIACI): Major French insurance broker serving large corporates with multi-line commercial insurance, employee benefits, and consulting services. Competes with Finaxy Enterprise for mid-market and large corporate clients in France.
• Verlingue: French multi-specialist insurance broker serving enterprises, professionals, and private clients. Comparable to Finaxy in scale, multi-specialist positioning, and French market focus, ranking among the top French brokers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/finaxy-group
• Xx.com/finaxygroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

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

M&A2 records

Investments

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

Frequently asked questions about Finaxy Group