Finare

What Finare does

FINARE is a privately-held, independent French group founded in 1995 and headquartered in Clichy, operating across insurance brokerage, wealth management, contact-center services, and digital strategy for clients in banking, insurance, healthcare, and energy. The group runs four interconnected business areas: insurance brokerage (ECA Assurances, ECA Partenaires, Coverity, Insurem, Selfassurance, BubbleIn, Mon Gustave) distributing non-life and life & health products through 2,500+ brokers and 5,000 partner brokers plus direct-to-consumer digital channels; wealth management (ECA Patrimoine, SelfEpargne, FINARE Patrimoine, FINARE Asset Management) on an open-architecture model with 100 providers and 150 investment vehicles distributed through 350 brokers; contact-center / BPO services (Teletech) operating 9 sites in France and Morocco with 750+ agents handling 7+ million conversations annually; and digital strategy (Weedo IT) executing ~1,200 web-marketing and lead-generation campaigns per year for ~500 clients. Group revenue reached €160M in 2023 (+39% YoY) and is expected to exceed €180M in 2024; the company employs 1,350 people across 15 sites in France, Luxembourg, and Morocco.

The technology stack combines proprietary digital distribution platforms (Selfassurance ranked #1 in Google UX benchmark; BubbleIn 100% digital broker marketplace; Mon Gustave comparator) with AI-powered capabilities deployed in partnership with third parties — notably the Modjo NLP integration for conversation analysis (covering up to 30% of calls with keyword recognition, automatic notation, and summarization) and the Acolyte callbot/chatbot for hybrid human-AI customer interactions. Calizy integration into Mon Gustave reportedly drove +30% conversion. The group reports an ACPR insurance license (Insurem), AFNOR Service France Garanti certification (Teletech), and Google UX #1 ranking (Selfassurance) as quality and regulatory anchors. Revenue mechanics are commission- and fee-based: insurance brokerage commissions on distributed products, wealth-management advisory fees on investment vehicles, managed-service contracts for contact-center operations, and project-based professional-services revenue for digital strategy campaigns.

Name

Finare

Legal name

FINARE Société à responsabilité limitée

Website

https://finare.fr

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

FINARE is an independent French group founded in 1995 operating insurance brokerage, wealth management, contact-center services, and digital strategy for banking, insurance, healthcare, and energy clients, distributing products through 2,500+ brokers and digital channels across France, Luxembourg, and Morocco.

Ownership category

akta.pro rank

Product category

Insurance Distribution and Financial Services

NAICS

Finance and Insurance (52), Other Insurance Funds (525190)

SIC

Finance Services (6199), Life Insurance (6311)

akta.pro primary industry

Digital/Hybrid Robo-Wealth & Retirement Advisory (FSAEABAK)

akta.pro secondary industries

Digital/Hybrid Private Wealth (Robo-Enabled HNW Service) (FSAAABAO), Robo-Advisors & Digital Wealth Managers (FSAAAAAD)

Keywords

• Insurance brokerage
• Wealth management advisory
• Contact center services
• Digital marketing
• Multi-specialist distribution

Headquarters

HQ city

Clichy

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage: Non-life and life & health insurance products distribution through BtoB, BtoC, and BtoBtoC models. Revenue generated through broker commissions and wholesale insurance distribution.
2. Contact Center Services: Customer relationship management services with 500+ employees managing multi-channel customer interactions. Revenue based on service contracts.
3. Digital Strategy Services: Web strategy, qualified lead gathering, and digital marketing campaign execution for clients. 1200 campaigns per year serving 500 customers.
4. Wealth Management: Investment solutions distribution with 100 providers and 150 investment vehicles. Revenue generated through advisory fees and distribution commissions.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

Finare is an independent French group that distributes insurance, wealth management, and outsourced customer relationship solutions across the full value chain through owned broker networks, proprietary digital platforms (Selfassurance, BubbleIn, Mon Gustave), and dedicated BPO services (Teletech). Its core activity combines multi-specialist insurance brokerage (non-life, life & health, pet, senior health, borrower insurance) via B2B, B2C, and B2B2C models, supported by an open-architecture wealth management advisory practice, a contact center operation managing millions of conversations annually, and a digital marketing/lead-generation capability.

Differentiator

Problem solved

Functional benefit

Brands

• ECA Assurances: Leading wholesale insurance broker since 1995, distributing non-life and life & health insurance through BtoB, BtoC and BtoBtoC models with 2,500+ local brokers.
• ECA Patrimoine
• SelfEpargne
• FINARE Patrimoine
• Insurem
• Selfassurance
• Teletech
• Weedo IT
• BubbleIn
• Mon Gustave
• Coverity

Products and services

• ECA Assurances Insurance Brokerage Services Multi-specialist wholesale and retail insurance brokerage distributing non-life, life and health insurance products through a network of 2,500+ local brokers under B2B, B2C, and B2B2C models, serving individuals and companies across France.
• FINARE Patrimoine Wealth Management Advisory Tailor-made wealth management advisory for business owners and executives, including patrimony structuring, investment solutions, and pension planning, delivered through FINARE Patrimoine, ECA Patrimoine, SelfEpargne, and FINARE Asset Management on an open-architecture model.
• Teletech Contact Center and CRM Services Outsourced multi-channel customer relationship management services (inbound and outbound phone, email, chat, back-office) delivered by 750+ agents across 9 operating sites in France and Morocco, including AI-powered quality management and conversational assistance.
• Weedo IT Digital Strategy Services Web strategy development, qualified lead generation, and digital marketing campaign execution for approximately 500 corporate customers, with 1,200 campaigns delivered per year.
• Selfassurance Direct Online Insurance Platform Direct online insurance sales platform for individuals and SMBs offering health, home, auto, and pet insurance. Ranked #1 by Google's UX benchmark for insurance acquisition on mobile.
• BubbleIn Broker Marketplace Platform 100% digital platform serving 800 brokers, integrating insurance borrower products including Harmonie Mutuelle and Mutlog (Altus Evolution 2.0) offerings.
• Mon Gustave Insurance Comparison Platform Smart online comparator for pet, health, and other insurance products, with Calizy online appointment scheduling integration that increased conversion by 30%. Won Prix d'Or Expérience Client and Prix Bronze Acquisition Digitale awards.
• SERENISSIA Senior Health Insurance Supplementary health insurance product for seniors aged 55-85 with 8 guarantee levels covering hospitalization, optical, dental, hearing, and medical care; children covered up to 26 years.
• Fidel'Ami Santé Pet Health Insurance Pet health insurance product by Insurem with extended coverage, no deductible, competitive packages, surgical and preventive care coverage, distributed in partnership with HCDM broker and via the Mon Gustave comparator.
• FINARE Asset Management Services Asset management services under FINARE Asset Management, contributing to the group's wealth management offering alongside ECA Patrimoine, SelfEpargne, and FINARE Patrimoine.
• Coverity Wholesale Insurance Brokerage Wholesale insurance brokerage subsidiary specializing in ADP and IARD (assurance des personnes and property/casualty) lines, established in 2020 with Stéphane Hug (DGD), Johann Lardy (Director ADP/IARD Management), and Damien Claudon (Director of Operations).

Quantifiable outcome

• 15% revenue growth H1 2024 vs H1 2023
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core, minor and strategic.

• CalizycoreTechnology or Integration · 3 March 2025Mon Gustave integration with Calizy online appointment scheduling solution enabling customers to select callback times, reducing unnecessary callbacks and improving quality exchanges. Results: +30% conversion, optimized acquisition cost, improved joinability.
• Fidel'Ami SantéminorChannel Partner/ Reseller/ Distributor · 11 February 2025Mon Gustave integration of Fidel'Ami Santé insurance product by Insurem for pet insurance comparison, enabling pet owners to compare and choose coverage while managing budgets.
• HCDMminorChannel Partner/ Reseller/ Distributor · 6 February 2025Insurem partnership with HCDM broker to launch Fidel'Ami Santé pet insurance. Extended coverage with no deductible, competitive packages, surgical and preventive care coverage.
• ModjocoreTechnology or Integration · 29 April 2024Teletech partnership with Modjo, French AI pioneer, to deploy AI-powered conversation analysis. Enables analysis of up to 30% of conversations with keyword recognition, automatic notation, and summary creation. Reduced quality listening time from 15 to 5 minutes per call.
• Harmonie MutuellestrategicChannel Partner/ Reseller/ Distributor · 26 October 2023BubbleIn partnership to integrate Harmonie Mutuelle borrower insurance products on marketplace. Two formulas with essential guarantees including sports coverage, international coverage, and full medical expense coverage at partner centers.
• Mutlog (Groupe Matmut)strategicChannel Partner/ Reseller/ Distributor · 26 October 2023BubbleIn partnership to integrate Mutlog's Altus Evolution 2.0 borrower insurance product. Distinguished with Label Excellence 2024. Covers up to 85 years with comprehensive guarantees.

Scale indicators20 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Nalo: French digital wealth manager using automated, goal-based portfolio management for retail and mass-affluent clients. Comparable to Finare's SelfEpargne and ECA Patrimoine open-architecture wealth offerings, but with a pure-play robo-advisor model.

Direct peers

• Alptis: French independent broker and insurance carrier for individuals, professionals, and SMEs with complementary health, prévoyance, and savings products. Comparable to Finare in combining brokerage with proprietary insurance product design.
• Henner: Independent French broker specializing in group health, prévoyance, and retirement for businesses. Comparable to Finare's wealth and health insurance distribution and similar mid-market positioning.
• SPVie Assurances: French insurance broker and ACPR-licensed carrier (formerly known as B2V) serving professionals and enterprises with health, prévoyance, and savings. Direct comparable to Finare in mixed brokerage / proprietary product model.
• Verspieren: French independent insurance and reinsurance broker headquartered in Roubaix with a multi-specialist model across P&C, life, health, and employee benefits. Closely comparable to Finare in business mix, independent ownership profile, and reliance on broker distribution networks.
• Siaci Saint Honoré: French insurance and benefits broker serving mid-market and large enterprises. Comparable to Finare's brokerage, health, and wealth-adjacent offerings and similar BtoB distribution emphasis.
• April: France-headquartered international insurance brokerage group with diversified distribution (brokers, partners, digital) and proprietary insurance products. Similar diversified insurance broker holding model to Finare with both intermediation and carrier activities.

Broad incumbents

• Marsh France: French arm of Marsh McLennan, one of the world's largest insurance brokers and risk advisors. Overlaps with Finare's insurance brokerage and risk advisory activities but operates at much larger scale and broader international scope.
• Aon France: French operations of global insurance and reinsurance broker Aon. Comparable to Finare on insurance distribution and risk solutions for mid-market and large clients, but with global platform resources.
• Webhelp: Major French-origin customer experience and BPO group with multi-country contact center operations. Comparable to Finare's Teletech division on outsourced customer relationship management and contact center services, but at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/27132964

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries12 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 Finare