Med Group
Grup Med Corporatiu is a Barcelona-based holding company owned by the Col·legi de Metges de Barcelona, operating multiple subsidiaries that provide insurance, banking, wealth management, advisory, technology, travel, and real estate services to medical professionals and their families across Spain.
- Company typePrivate
- Founded1995
- HeadquartersBarcelona, Spain
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Med Group does
Grup Med Corporatiu, S.A.U. is a Barcelona-headquartered holding company wholly owned by the Col·legi de Metges de Barcelona (CoMB), a public professional corporation representing medical professionals. It operates as a multi-brand portfolio of service companies targeting CoMB members and their families, with 251-500 employees and 11 office locations across Catalonia, Madrid, the Balearic Islands, and Valencia, serving over 70,000 clients. Subsidiaries include Medicorasse (insurance brokerage), Med1 (banking agent of BBVA), Medpatrimonia (wealth management agent of Andbank España), Mediconsulting (fiscal, labor, legal, accounting, and social advisory), Medinankeia (organizational consulting), Meditecnologia (technology services operational since 1995), Mediviatges (travel agency), Immomedic (parking management), Medidirecte (telephone and marketing services), and Medilloguem/Medidedalia (real estate).
The business model combines intermediation commissions, recurring subscriptions, transaction fees, and professional service fees across nine distinct revenue streams. GTM operates through direct field sales at each subsidiary, self-service online platforms (including a dedicated Grup Med mobile application), and referrals through the CoMB collegiate network. Pricing is quote-based with annual recurring billing structures, and economic benefits are explicitly reinvested in collegiate projects and member social and economic aid rather than distributed as profit.
Underlying technology consists of standard web platforms, mobile applications, digital strategy, and digital certificate services delivered through Meditecnologia. There are no disclosed AI/ML capabilities, APIs, or proprietary data assets. Recent strategic emphasis has been on regulatory compliance (Internal Information System implementation under Spanish Law 2/2023), ecosystem development through programs like Médico Emprendedor, and incremental geographic and service-line expansion through new subsidiaries in real estate and digital marketing.
Med Group firmographics
Firmographics- Name
- Med Group
- Legal name
- GRUP MED CORPORATIU, S.A.U.
- Website
- https://med.es
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Grup Med Corporatiu is a Barcelona-based holding company owned by the Col·legi de Metges de Barcelona, operating multiple subsidiaries that provide insurance, banking, wealth management, advisory, technology, travel, and real estate services to medical professionals and their families across Spain.
- Ownership category
- akta.pro rank
Med Group industry classification
Industry- Product category
- Professional Financial and Advisory Services
- NAICS
- Health Care and Social Assistance (62)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)
Keywords
Where Med Group is headquartered
LocationHeadquarters
- HQ city
- Barcelona
- HQ country
- Spain
- HQ region
- Europe
Offices11 records
Markets served
Med Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Insurance Distribution: Insurance brokerage services through Medicorasse, offering insurance products to medical professionals and their families
- Financial Services: Banking and financial services through Med1 as BBVA agent, including factoring, confirming, loans, and savings products for professionals
- Wealth Management: Private banking and wealth management through Medpatrimonia as Andbank España agent
- Consulting Services: Tax, labor, legal, accounting and social advisory services through Mediconsulting
- Technology Services: Technology development, digital strategy, graphic design, web development, and digital certificates through Meditecnologia
- Travel Agency: Travel agency services through Mediviatges, organizing and distributing travel products
- Real Estate Services: Comprehensive real estate services for property rental and sales through Medilloguem
- Parking Services: Parking management services through Immomedic at Dr. Roig i Raventós facility
- Telephony and Marketing Services: Integral telephone services and marketing campaigns through Medidirecte for professionals and businesses
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Comprehensive multi-service offering for medical professionals and their families |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Med Group product offering
Product offeringCore offering
Grup Med Corporatiu is a group of specialized companies created by the Col·legi de Metges de Barcelona that delivers tax, banking, insurance, accounting, legal, consulting, technology, travel, real estate, parking and telephony/marketing services to medical professionals, their families and healthcare businesses in Spain. Operating through wholly-owned subsidiaries such as Medicorasse, Med1, Medpatrimonia, Mediconsulting, Meditecnologia, Mediviatges, Immomedic, Medidirecte and Medilloguem, the group acts as a financial agent for BBVA and Andbank España.
Product overview
Grup Med is a multi-brand portfolio of service companies created by the Collegi de Metges de Barcelona, operating in insurance (Medicorasse), financial services (Med1), wealth management (Medpatrimonia), advisory services (Mediconsulting), organizational consulting (Medinankeia), technology and innovation (Meditecnologia), travel services (Mediviatges), parking management (Immomedic), and telephone/marketing services (Medidirecte). The group serves over 70,000 clients and comprises both specialized subsidiaries addressing specific professional needs and a holding company (Grup Med Corporatiu) that manages the overall corporate structure and provides shared services.
Differentiator
Problem solved
Functional benefit
Brands
- Grup Med: Main corporate brand of the group specializing in insurance, financial, technological and advisory services for medical professionals.
Products and services
- Medicorasse Insurance Brokerage
- Med1 Banking and Financial Services
- Medpatrimonia Wealth Management
- Mediconsulting Advisory Services
- Medinankeia Organizational Consulting
- Meditecnologia Technology and Innovation Services
- Mediviatges Travel Agency
- Immomedic Parking Management
- Medidirecte Telephony and Marketing Campaigns
- Medilloguem Real Estate Services
- Medidedalia Real Estate Services
Quantifiable outcome
- Serves over 70,000 clients
Companies that use Med Group
Customer profileSegments3 records
Ideal customer profiles2 records
Med Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Med Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Ambar Otros Viajes S.L.minorExternal travel operator that organizes combined travel packages offered through Mediviatges, including destinations like Patagonia, Galapagos, and trans-American routes.
- Col·legi de Metges de BarcelonacoreGrup Med was created by the Col·legi de Metges de Barcelona (College of Doctors of Barcelona) to provide services to medical professionals and their families. The group supports collegiate projects, social aid, and economic assistance for members.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Med Group competitors and assessment
Company assessmentBroad incumbents
- Ilustre Colegio de Abogados de Barcelona (ICAB): Barcelona Bar Association operates member services parallel to CoMB — its corporate service structure mirrors Grup Med's role as the College's commercial arm providing insurance, financial, and advisory services to members.
- Col·legi de l'Advocacia de Madrid (ICAM): Madrid Bar Association offers member services through its own corporate vehicles — a direct structural analogue of Grup Med's CoMB-owned multi-service model for legal professionals.
- Bankinter (Segmento Profesional): Spanish bank with a strong professional/ SME banking franchise; competes with Med1 for medical professionals' primary banking, financing, and treasury relationships.
- Banco Sabadell (Professional Banking): Spanish bank with a dedicated professional and self-employed segment that competes directly with Med1's BBVA-agent financial services (factoring, confirming, loans) for the same physician customer base.
- BBVA (Segmento Profesionales y Autónomos): BBVA is the principal banking partner of Med1 and the underlying provider of Grup Med's financial products; comparable as the reference institution for the professional-banking segment Grup Med serves.
Direct peers
- PSN (Previsión Sanitaria Nacional): Spanish mutual insurer offering life, health, and welfare products exclusively to healthcare professionals and their families — directly comparable to Medicorasse's insurance brokerage role and Grup Med's verticalized professional-services model.
- A.M.A. Agrupación Mutual Aseguradora: Spanish mutual insurer serving healthcare professionals, offering professional liability, health, auto, and home insurance — comparable to Medicorasse and part of Grup Med's broader insurance distribution play.
- Mutual Médica: Mutual insurance provider for Spanish doctors covering professional liability, health, and savings — overlaps with Grup Med's insurance, financial, and advisory offerings for medical professionals.
- Andbank: Andbank is the private bank whose agency relationship underpins Medpatrimonia; comparable in offering discretionary asset management to high-net-worth clients across Iberia.
Emerging players
- Arquia Banca: Spanish bank created by and for architects — a direct functional analogue of Grup Med, with a collegiate-owned structure providing banking and advisory services to a specific professional community.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Med Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Med Group leadership team
Management profileNumber of profiles
Profiles1 record
Med Group subsidiaries and ownership
Company hierarchySubsidiaries12 records
Med Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Med Group M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Med Group
What does Med Group do?
Grup Med Corporatiu is a group of specialized companies created by the Col·legi de Metges de Barcelona that delivers tax, banking, insurance, accounting, legal, consulting, technology, travel, real estate, parking and telephony/marketing services to medical professionals, their families and healthcare businesses in Spain. Operating through wholly-owned subsidiaries such as Medicorasse, Med1, Medpatrimonia, Mediconsulting, Meditecnologia, Mediviatges, Immomedic, Medidirecte and Medilloguem, the group acts as a financial agent for BBVA and Andbank España.
Is Med Group a public or private company?
Med Group is a private company. It is classified as state government owned and is currently operating.
When was Med Group founded?
Med Group was founded in 1995. It employs 251 to 500 people.
Where is Med Group based?
Med Group is headquartered in Barcelona, Spain, in the Europe region.
How does Med Group make money?
Nine revenue lines are on record. Insurance Distribution is the primary driver. The others are financial Services, wealth Management, consulting Services, technology Services, travel Agency, real Estate Services, parking Services and telephony and Marketing Services.
Who are Med Group's main competitors?
Broad incumbents on record are Ilustre Colegio de Abogados de Barcelona (ICAB), Col·legi de l'Advocacia de Madrid (ICAM), Bankinter (Segmento Profesional), Banco Sabadell (Professional Banking) and BBVA (Segmento Profesionales y Autónomos). Direct peers are PSN (Previsión Sanitaria Nacional), A.M.A. Agrupación Mutual Aseguradora, Mutual Médica and Andbank. Arquia Banca is listed as an emerging player.
Does Med Group have an API?
No public API is recorded for Med Group.
What industry is Med Group in?
Med Group's product category is Professional Financial and Advisory Services. Its primary akta.pro industry code is HLAFAAAO, Hospital Shared Services, GPOs & System Support Organizations. Its NAICS code is 62 and its SIC code is 6411.