ALTIMA Assurances

What ALTIMA Assurances does

ALTIMA Assurances is a French insurance company founded in 1999 and headquartered in Chauray (Deux-Sèvres), France, operating as a wholly-owned subsidiary of Groupe MAIF since 2015. The company functions as the innovation laboratory for the MAIF Group and operates across two principal distribution models: a residual direct-to-consumer (B2C) channel for individual auto, habitation, and personal accident insurance (where several product lines have been discontinued for new subscriptions but maintained for existing policyholders), and a B2B2C partner channel spanning social housing landlords, automobile sector partners, affinity distributors, and fleet operators. ALTIMA also controls ALTIMA COURTAGE, a 99.9%-owned SAS registered with ORIAS under number 07 000 818 that acts as insurance and reinsurance broker. The company employs 101-250 people (with 100+ confirmed and 50+ advisors) and is regulated by the ACPR under the French Code des Assurances.

The company's product portfolio covers auto insurance (standard, pay-per-kilometer, pay-per-minute, high-risk/probationary, prestige, collection, LLD, low-mileage), habitation (tenant insurance via social housing partners, young renters, non-occupying owners), personal accident, affinity products (pet, travel, deductible buyback), and fleet insurance for enterprises, associations, and new mobility operators. Its technology stack centers on a REST-based partner API platform (developer.altima-assurances.fr) with separate test and production environments enabling quote generation, policy subscription, and contract management, complemented by a digital customer portal (Espace Assuré), web analytics (AT Internet), and A/B testing tooling (AB Tasty). Co-construction with partners is a stated product development approach, particularly for specialized B2B offerings.

Revenue is generated primarily through recurring insurance premiums across B2B2C channels and brokerage commissions earned by ALTIMA COURTAGE. Pricing is risk-based and not publicly disclosed, with usage-based products billed monthly according to actual consumption (kilometers or minutes). The company's registered share capital is €71,020,552.90, and it has no disclosed external funding activity, consistent with its status as a wholly-owned MAIF subsidiary.

Name

ALTIMA Assurances

Legal name

ALTIMA ASSURANCES

Website

https://altima-assurances.fr

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

ALTIMA Assurances is a French insurance company and 100% MAIF Group subsidiary acting as the group's innovation laboratory, offering auto, habitation, affinity, and fleet insurance through B2B2C partner channels (social housing, automobile, affinity, fleet) and a residual B2C portfolio, with a partner API platform and usage-based pricing products.

Ownership category

akta.pro rank

Product category

Property and Casualty Insurance

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Other Insurance Related Activities (52429)

SIC

Insurance Carriers, Nec (6399), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)

akta.pro secondary industry

Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)

Keywords

• Auto insurance
• Home insurance
• Usage-based insurance
• Fleet insurance
• Affinity insurance

Headquarters

HQ city

Chauray

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property & Casualty Insurance Premiums: Recurring insurance premiums from auto, habitation, and personal accident insurance policies sold to individuals and through partner channels
2. Fleet Insurance: Insurance premiums for automobile fleets serving businesses, associations, and organizations with specialized fleet coverage products
3. Affinity Insurance: Co-branded or white-label insurance products (pet, travel, franchise buyback) distributed through commercial partners on commission basis
4. Brokerage Commission: ALTIMA COURTAGE (99.9% subsidiary) operates as insurance and reinsurance broker earning commission included in insurance premiums

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels9 records

Core offering

ALTIMA Assurances is a French insurance company operating as a 100% subsidiary of Groupe MAIF and acting as the group's innovation laboratory. It designs and distributes auto, habitation (home), and personal accident insurance products, including innovative usage-based offerings (pay-per-kilometer and pay-per-minute). It serves individual consumers directly and operates a B2B2C model distributing co-constructed white-label and specialized insurance through social housing organizations, automobile dealers, affinity partners, and fleet operators, supported by a REST API partner integration platform.

Product overview

ALTIMA Assurances is a French insurance company and a 100% subsidiary of the MAIF Group, acting as the Group's innovation laboratory. The company operates a multi-channel model serving both individual consumers (B2C, though many products are now discontinued for new subscriptions) and business partners (B2B2C) across three core insurance lines: Auto, Habitation (home), and Personnes (personal accident). B2C offerings include auto insurance (standard, pay-per-kilometer, high-risk/probationary), home insurance (via partner landlords for tenants), and personal accident insurance — several of which are no longer commercially available but remain active for existing policyholders. B2B partner offerings span specialized auto insurance (prestige, collection, LLD, high-risk, low-mileage), home insurance for tenants, students, and non-occupying owners, affinity insurance (pet, travel, deductible buyback), and fleet automobile insurance for businesses, associative fleets, and new mobility models. ALTIMA also provides an API portal for partner technical integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Assurance auto au kilomètre Pay-per-kilometer auto insurance priced based on actual mileage driven; targeted at low-mileage drivers and modern mobility users.
• Assurance auto à la minute Pay-per-minute usage-based auto insurance billed based on actual minutes of vehicle usage; designed for new mobility and sharing-economy models.
• Assurance auto sinistré, malussé, résilié (ProbAssur) Specialized auto insurance for high-risk drivers with penalty surcharges, policy cancellations, or accident history.
• Assurance Habitation Locataire (Bailleurs partenaires) Tenant home insurance offered exclusively through partner social housing landlords (bailleurs sociaux), with a single comprehensive formula covering civil liability, natural disasters, accidental risks, and 24/7 assistance.
• Assurance auto prestige (B2B) B2B auto insurance for high-end and prestige vehicles, co-constructed with dealer and manufacturer partners.
• Assurance auto collection (B2B) B2B auto insurance for classic and collection vehicles, co-constructed with partners for the collector vehicle market.
• Assurance auto LLD (Location Longue Durée) (B2B) B2B auto insurance for long-term lease arrangements, addressing new usage and consumption models.
• Assurance auto petit rouleur (B2B) B2B auto insurance targeting low-mileage drivers and the 'petit rouleur' segment through partner distribution.
• MRH Locataire (B2B) B2B tenant home insurance partner offering with a single comprehensive formula covering occupants and their movable property.
• MRH Étudiant (B2B) B2B student home insurance partner offering with essential coverage adapted for young renters.
• MRH Propriétaire Non Occupant (B2B) B2B non-occupying homeowner insurance partner offering covering real estate and movable property in a single-formula contract.
• Assurance Chiens - Chats Pet insurance covering illness and accident risks for dogs and cats, co-constructed with affinity partners.
• Assurance de Voyage Travel and leisure insurance covering trip cancellation and repatriation assistance, co-constructed with partners across travel and event segments.
• Rachat de Franchise Deductible buyback/waiver insurance enabling partners to offer comprehensive protection against unexpected events to their customers.
• Assurance Flottes de véhicules d'entreprises B2B fleet auto insurance for business vehicle fleets (TPPC, TPM, TPMR segments), co-constructed with broker partners.
• Assurance Grandes Flottes Associatives B2B insurance for large associative fleets brought by the MAIF Group, covering diverse organizational vehicle needs.
• Assurance Flottes Nouveaux Usages - Mobilités B2B fleet insurance covering new mobility usage models including car-sharing, convoyage (vehicle transport), and long-term rental.
• ALTIMA COURTAGE Brokerage Services Insurance and reinsurance brokerage services delivered via ALTIMA COURTAGE (99.9% subsidiary, ORIAS 07 000 818) acting as intermediary on commission.
• REST Partner API Platform

Quantifiable outcome

• 98/100 score on Gender Equality Index 2025
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• CGIA ConseilsminorStrategic or Co-development PartnerPartnership initiated in 2005 for development of home insurance offerings; CGIA Conseils collaborated with ALTIMA on habitation insurance product launch
• Citya AssurancesminorStrategic or Co-development PartnerPartnership established in 2012 for rental risk insurance covering tenant liability in housing; Citya Assurances collaborated with ALTIMA on this specialized habitation product
• DELPHIS (member organizations: Immobilière Atlantic Aménagement, Vosgelis)coreChannel Partner/ Reseller/ DistributorDELPHIS is a grouping of social housing organizations distributing ALTIMA tenant insurance to their renters. Partner organizations include Immobilière Atlantic Aménagement and Vosgelis with dedicated insurance portals.
• Union Régionale du Grand Est (member organizations: 3F Grand Est, Chaumont Habitat, Habitat 08, Le Foyer Rémois, Meurthe & Moselle Habitat, Moselis, OMH du Grand Nancy, OPH Metz Métropole, Reims Habitat, Léman Habitat)coreChannel Partner/ Reseller/ DistributorRegional union of social housing companies in Grand Est region distributing ALTIMA renter insurance to tenants. Member organizations span multiple cities including Metz, Nancy, Reims, and surrounding areas.
• Habitat Réuni (member organizations: Gambetta, Habitat du Nord, Habitat Hauts de France, Léman Habitat, Logis Métropole, Marcou Habitat, Pierre et Lumières, SACOVIV, Saumur Habitat, SA Mont Blanc, Somco)coreChannel Partner/ Reseller/ DistributorHabitat Réuni is a grouping of social housing companies distributing ALTIMA tenant insurance. Member organizations include Gambetta, Habitat du Nord, Habitat Hauts de France, Logis Métropole, and others across France.
• FREHAcoreChannel Partner/ Reseller/ DistributorFREHA social housing organization distributes ALTIMA renter insurance to its tenant base through dedicated insurance portal.
• Meurthe & Moselle HabitatminorChannel Partner/ Reseller/ DistributorSocial housing company in Meurthe & Moselle department distributing ALTIMA tenant insurance to renters through dedicated portal (mmhabitat.altima-assurances.fr)
• Microsoft AdvertisingminorGTM or Marketing PartnerDigital advertising partnership for targeted ad display on Microsoft Advertising network; enables campaign performance measurement and audience targeting
• Meta (Facebook)minorGTM or Marketing PartnerSocial media advertising partnership including Facebook and Instagram; uses pixel tracking for campaign performance measurement and similar audience targeting
• Google (Search and YouTube)minorGTM or Marketing PartnerDigital advertising campaigns on Google Search network and YouTube video platform; includes privacy policy compliance and cookie management
• ALTIMA COURTAGEcoreChannel Partner/ Reseller/ Distributor99.9% subsidiary of ALTIMA ASSURANCES operating as insurance and reinsurance broker; intermediary for distribution of insurance products; registered with ORIAS under number 07 000 818; commission-based compensation included in insurance premiums
• Developer Partners (API integrations)coreTechnology or IntegrationTechnical partners integrating with ALTIMA API platform (developer.altima-assurances.fr) to build applications for quote generation, policy subscription, and claims management through REST APIs with test and production environments

Scale indicators5 records

Recent moves4 records

Expansion highlights6 records

Direct peers

• Luko: French digital-first home insurance provider with embedded/distribution-led growth and a mission-driven insurer brand. Directly comparable on tech-enabled P&C distribution to French consumers and partners, with similar mobile/API product surface.
• Acheel: French digital insurance broker offering multi-carrier auto, home, and life products through an online platform. Comparable to ALTIMA's multi-line P&C distribution and broker-mediated model, especially via ALTIMA COURTAGE.
• +Simple: French insurance platform focused on professional and SME insurance, including auto and fleet coverage. Comparable on its B2B/B2B2C distribution motion for fleet and auto products in the French market.
• Leocare: French mobile-first P&C insurer offering auto, home, and personal products with a digital-first subscription experience. Comparable on API-and-app-driven P&C distribution targeting French consumers and affinity partners.

Emerging players

• Ornikar: French insurtech offering usage-based and learner-driver auto insurance products. Comparable on the usage-based / data-driven auto proposition targeting non-standard and new-mobility consumers in France.
• Alan: French health insurtech with API-first product design and partner integrations. Comparable on the API-first insurance platform model and partner integration strategy, though focused on health rather than P&C.
• Zego: UK-based insurtech offering usage-based and embedded commercial auto/fleet coverage with API-first distribution. Comparable on usage-based auto insurance and partner-API distribution for new mobility models.

Broad incumbents

• Groupama: Major French mutual insurance group offering P&C, health, and life products. Comparable as a French mutual group whose distribution and partner network overlaps with the same social housing, auto dealer, and affinity channels ALTIMA serves.
• Direct Assurance: AXA's direct-to-consumer insurance subsidiary, a benchmark French digital insurance player. Comparable as a large, digitally distributed P&C player operating inside an incumbent insurance group (parallel to ALTIMA's MAIF relationship).

Regional players

• Wafa Assurance: Moroccan multi-line insurer with affinity/embedded distribution through banking and partner networks. Comparable on the affinity/embedded insurance distribution model, though operating in a different (North African) geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Altimaassurances
• LinkedInlinkedin.com/company/altima-assurances

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

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 ALTIMA Assurances