What Garance does

Garance is a French mutualist insurance group founded in 1986 that provides life insurance, retirement savings plans (PER), provident and death benefit insurance, long-term care, funeral insurance, and corporate collective retirement plans. The company serves three primary customer segments — individuals and families, self-employed professionals and craftsmen, and business owners/companies — across metropolitan France through a multi-channel distribution model comprising an online subscription portal, phone sales, 200 traveling field advisors, a broker partner portal, and a dedicated corporate enterprise portal.

The company's product portfolio spans the full financial lifecycle, anchored by flagship offerings including Garance Épargne (life insurance from €20/month), Garance Épargne Enfant (child savings), PER Garance Sérénité and PER Garance Vivacité (tax-deductible retirement plans up to 10% of net taxable income), Garance Prévoyance Pro (professional provident insurance), Prevarti (death insurance), Garance longue vie (long-term care), Garance obsèques (funeral insurance), and PERO Garance (corporate collective retirement plans). All products are supported by the Garance Smart Life digital platform, which serves as a unified customer-facing portal for contract management, portfolio tracking, and real-time savings project management.

As of December 31, 2025, Garance serves 248,015 members with 320,093 active contracts managed by 235 employees, generating recurring revenue from insurance premiums across its product lines. The company is structured as a 100% independent mutualist group (Groupe mutualiste 100% indépendant) with no external shareholders — it is owned by its member-policyholders — and is led by Florent Combes as Directeur général. Garance holds a 4.6/5 Google rating across 804 verified reviews and operates a wholly-owned subsidiary, Mécénat by Garance.

Name

Garance

Legal name

Garance

Website

https://garance-mutuelle.fr

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

101–250 employees

Short description

Garance is a French mutualist insurance group founded in 1986 that provides life insurance, retirement savings, and provident insurance products to 248,015 members across France via digital, phone, advisor, and broker channels.

Ownership category

akta.pro rank

Product category

Life Insurance and Retirement Savings

NAICS

Direct Life Insurance Carriers (524113), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Life Insurance (6311), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Participating (Dividend) Whole Life Insurance (FSAIABAI)

akta.pro secondary industries

Annuity & Insurance-Based Retirement Solutions Advisory (FSAEABAH), Group Universal Life (GUL) (FSAIADAC)

Keywords

• Life insurance products
• Retirement savings plans
• Mutual insurance group
• Provident insurance
• Corporate retirement plans

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums — Life Insurance & Savings: Revenue generated from life insurance (assurance vie) products including Garance Épargne and Garance Épargne Enfant, based on premiums paid by policyholders.
2. Pension/Retirement Products: Revenue from retirement savings plans (PER) including PER Garance Sérénité and PER Garance Vivacité, generating recurring premium income.
3. Providence/Death Benefit Insurance: Revenue from death benefit insurance (prévoyance) products including Garance Prévoyance Pro, Prevarti, and obsèques contracts.
4. Corporate Retirement Plans (PERO): Revenue from group retirement plans for businesses (PERO Garance) offered to employers for their employees.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Garance is a French mutualist insurance group that sells life insurance, retirement savings plans, and provident/death-benefit insurance contracts to individuals, self-employed professionals, and businesses. Its product portfolio includes life insurance (Garance Épargne, Garance Épargne Enfant), PER retirement plans (PER Garance Sérénité, PER Garance Vivacité), provident insurance (Garance Prévoyance Pro, Prevarti, Garance longue vie), funeral insurance (Garance obsèques), and corporate group retirement plans (PERO Garance). All contracts are administered through the proprietary Garance Smart Life digital platform.

Product overview

Garance is a mutualist group offering a comprehensive portfolio of insurance and savings products. The offering spans life insurance (Garance Épargne, Garance Épargne Enfant), retirement savings plans (PER Garance Sérénité, PER Garance Vivacité), provident and death insurance (Garance Prévoyance Pro, Prevarti, Garance longue vie), funeral insurance (Garance obsèques), and corporate retirement plans (PERO Garance). All products are supported by the Garance Smart Life digital platform, which serves as the unified client portal for managing contracts and tracking financial projects in real-time.

Differentiator

Problem solved

Functional benefit

Brands

• Garance Smart Life: Digital platform for clients to manage their contracts and track their savings projects in real time

Products and services

• Garance Épargne Life insurance (assurance vie) savings and investment product accessible from €20/month with no fees on contributions, intended for individual savers seeking to build long-term savings.
• Garance Épargne Enfant Child life insurance product designed to build long-term savings for a child's future, structured as a dedicated child savings assurance-vie contract.
• PER Garance Sérénité Individual retirement savings plan (Plan d'Épargne Retraite / PER) offering tax-deductible contributions of up to 10% of net taxable income to prepare retirement income.
• PER Garance Vivacité Individual retirement savings plan (PER) designed to prepare for retirement with flexible savings options and tax-deductible contributions.
• Garance Prévoyance Pro Professional provident insurance product targeted at self-employed professionals and business owners, providing protection cover and income/continuity safeguards.
• Prevarti Death insurance contract (assurance décès) that provides a financial payout to designated beneficiaries upon the policyholder's death.
• Garance longue vie Long-term care / dependency insurance product (prévoyance longue vie) covering long-term care needs related to loss of autonomy.
• Garance obsèques Funeral insurance product (assurance obsèques) allowing individuals to pre-fund and anticipate funeral arrangements in advance.
• PERO Garance Collective (group) corporate retirement plan (Plan d'Épargne Retraite Obligatoire / PERO) enabling French companies to offer employee retirement benefits while optimizing employer charges, accessed via a dedicated enterprise portal.
• Garance Smart Life Customer-facing digital platform for managing Garance insurance contracts in real time — tracking savings and retirement projects, accessing accounts, and piloting financial goals — available to all Garance policyholders.

Quantifiable outcome

• 4.6/5 customer satisfaction rating on Google based on 804 verified reviews
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• LNB (Ligue Nationale de Basket)minorGTM or Marketing Partner · 1 January 2024Garance is a partner of the Ligue Nationale de Basket (French National Basketball League), as evidenced by the 'Partenariat LNB' page in the website navigation. This sponsorship/marketing partnership provides brand visibility in French basketball.

Scale indicators4 records

Recent moves3 records

Expansion highlights6 records

Direct peers

• AG2R La Mondiale: French mutualist insurer with strong focus on retirement, life insurance, and employee benefits (PERO/PER Collectif). Direct overlap with Garance's PER and PERO offerings.
• MACIF: French mutualist insurer offering life insurance, retirement, and provident products to individuals and professionals. Similar mutualist structure and product mix to Garance.
• Klesia: French mutualist group specializing in retirement, provident, and health insurance for companies and individuals. Comparable PER and corporate retirement product positioning to Garance.
• MAIF: Major French mutualist insurer offering life insurance, savings, and protection products. Closely comparable mutualist model and customer base to Garance, though at significantly larger scale.
• Matmut: French mutualist group offering insurance, savings, and retirement products. Comparable mutualist structure and product suite (life, retirement, death benefits) to Garance.
• Malakoff Humanis: Major French mutualist group focused on retirement, health, and employee benefits. Direct competitor in the corporate retirement (PERO) and individual retirement (PER) segments.

Broad incumbents

• CNP Assurances: Leading French life insurer with bancassurance partnerships and direct PER/retirement offerings. Overlaps directly with Garance's life insurance and retirement savings products but at much larger scale via partner bank distribution.
• BNP Paribas Cardif: Insurance subsidiary of BNP Paribas, distributing savings, retirement, and protection products through banking and partner channels. Overlaps with Garance's life insurance and retirement offerings via bancassurance scale.
• Crédit Agricole Assurances (Predica): Insurance arm of Crédit Agricole Group, distributing life insurance and retirement products through the bank's vast branch network. Direct competitor in assurance vie and PER, leveraging banking relationship scale.
• AXA France: Largest French insurer offering life insurance, retirement, and health products at national scale. Competes with Garance in assurance vie and retirement but with vastly broader product portfolio and distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/garancemutuelle

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Garance