What Prefon does

Préfon is a Paris-based nonprofit association (Caisse Nationale de Prévoyance de la Fonction Publique) founded in 1964 by civil-servant trade unions to provide supplementary retirement, savings, and protection products to French public-sector employees. With over 480,000 affiliates and approximately €14 billion in assets under management, it operates as the leading complementary retirement regime for the three branches of the French civil service (État, territoriale, hospitalière), including police, military, education, and university-hospital staff. The core product is PER Préfon-Retraite, a tax-advantaged pension plan insured by CNP Retraite (reinsured by Axa and Allianz) that offers a guaranteed minimum rente at age 60, tax-deductible contributions from the first euro, and flexible capital/rente exit options, with contributions starting at €19/month. Complementing products include Préfon-Vie Responsable (the first responsible life insurance product in France, launched 2018, with 90%+ ISR-labeled funds and no entry/redemption fees, managed via Suravenir under Arkéa Asset Management advice), Préfon-Dépendance (dependency insurance underwritten by CNP Assurances), and Préfon Protection Juridique (from €2/month, via TEGO/AGPM).\n\nDistribution is multi-channel: direct-to-consumer via prefon.fr with self-service subscription and a free-call advisory line (3025), supported by 12,000 correspondents embedded within public administrations and channel partners including La Banque Postale (since 2004 as 'Solesio Préfon Retraite'), TEGO through GMPA/AGPM networks, Relyens, and Préfon Collectives group plans. The nonprofit association is supported by a wholly-owned SAS subsidiary, Préfon Distribution (ORIAS 13008416), which acts as insurance broker and mandatory representative of CNP Retraite. Investment management follows an ISR charter adopted in 2011, with SFDR Article 8/9 classifications, third-party ESG analyses, and a proprietary 4-step fund selection process reviewed biannually by Deeplee. Revenue mechanics are subscription/recurring, driven by broker commissions on distributed insurance contracts and policy management fees on the life insurance book.

Name

Prefon

Legal name

Préfon Distribution

Website

https://prefon.fr

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

11–50 employees

Short description

Préfon is a Paris-based nonprofit association founded in 1964 that provides supplementary retirement, life insurance, and protection products specifically to French civil servants. With ~480,000 affiliates and €14B in assets, it operates the leading complementary pension regime for the French public service through PER Préfon-Retraite and related ISR-led products.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. PER Préfon-Retraite: Préfon-Retraite is a group insurance contract (PER - Plan d'Épargne Retraite) governed by insurance code articles L.441-1 et seq. It generates revenue through ongoing premium/contribution payments from affiliated civil servants. The regime is underwritten by CNP Retraite (reinsured by Axa and Allianz) and distributed by Préfon Distribution as insurance agent of CNP Retraite. Préfon Distribution operates as a broker receiving commissions on distributed contracts.
2. Préfon-Vie Responsable: Préfon-Vie Responsable is an individual multi-support life insurance contract managed by Suravenir. Revenue is generated through policy management fees and performance fees on investment units. Distributed by Préfon Distribution as a broker.
3. Préfon Dépendance: Individual dependency insurance contract underwritten by CNP Assurances, with Filassistance International providing assistance services. Revenue through insurance premiums.
4. Préfon Protection Juridique: Legal protection insurance contract indicated/referred by Préfon Distribution and underwritten by AGPM Assurances. Revenue through policy premiums.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Préfon is a non-profit association that distributes and brokers supplementary retirement, life insurance, dependency and legal protection products exclusively to French public sector employees (fonctionnaires). Its core offering is the PER Préfon-Retraite group insurance contract (a Plan d'Épargne Retraite offering tax-deductible contributions from €19/month and a guaranteed minimum rente at age 60), complemented by Préfon-Vie Responsable responsible life insurance, Préfon-Dépendance and Préfon Protection Juridique, all distributed through Préfon Distribution as a licensed insurance broker.

Product overview

Prefon offers a multi-product financial services portfolio centered on retirement savings, insurance, and related services for French public sector employees. The core offering is the PER Préfon-Retraite, a tax-advantaged pension plan (the first supplementary retirement regime for public servants, established 1964), complemented by Préfon-Vie Responsable, a responsible life insurance product. Additional offerings include Préfon-Dépendance (dependency/long-term care insurance) and Préfon Protection Juridique (legal protection insurance). Services include retirement assessment, senior housing search assistance, housing aid, and shared viager solutions. Prefon positions itself as the leading retirement complementary scheme for French public servants with over 480,000 affiliates and €14 billion in assets under management.

Differentiator

Problem solved

Functional benefit

Brands

• PER Préfon-Retraite: Pension savings plan (PER) designed for civil servants, offering retirement income with tax advantages.
• Préfon-Vie Responsable
• Préfon Dépendance
• Préfon Protection Juridique

Products and services

• PER Préfon-Retraite A Plan d'Épargne Retraite (PER) group insurance contract specifically designed for French public sector employees, offering tax-deductible contributions from €19/month, a guaranteed minimum rente at age 60 (rente that cannot decrease over time), flexible output (rente and/or capital) and capital unlock for primary residence purchase. Underwritten by CNP Retraite (reinsured by Axa and Allianz) and distributed by Préfon Distribution as insurance agent of CNP Retraite.
• Préfon-Vie Responsable An individual multi-support responsible life insurance contract (assurance-vie) with 100% of investment units SFDR Article 8 or 9 compliant and over 90% ISR-labeled. No entry, contribution or redemption fees, with more than 90 units of account available and management under mandate advised by Arkéa Asset Management. Underwritten by Suravenir and distributed by Préfon Distribution as broker.
• Préfon-Dépendance Individual dependency insurance contract providing coverage for loss of autonomy, with personalized support from the moment of subscription to help preserve autonomy and protect loved ones. Underwritten by CNP Assurances, with assistance services provided by Filassistance International.
• Préfon Protection Juridique Legal protection insurance covering private-life legal circumstances, priced from €2 per month, underwritten by AGPM Assurances and distributed by Préfon Distribution as broker via the TEGO channel.

Quantifiable outcome

• Préfon manages €14 billion in assets, representing approximately 1/3 of individual retirement assets in France
• +3 more outcomes

Named customers7 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

Feature3 records

Partnerships

15 partnerships are on record, tiered core and minor.

• La Banque PostalecoreChannel Partner/ Reseller/ Distributor · 1 January 2004Since 2004, a convention between Préfon and CNP allows La Banque Postale to present the Préfon-Retraite regime under the name 'Solesio Préfon Retraite' through its banking network across France.
• TEGO (GMPA and AGPM networks)coreChannel Partner/ Reseller/ DistributorTEGO distributes Préfon-Retraite through the GMPA (Groupement de protection militaire des armées) and AGPM (Association générale de protection militaire) networks, targeting military personnel and affiliated civil servants.
• RelyensminorChannel Partner/ Reseller/ DistributorInsurance brokerage firm proposing Préfon-Retraite to territorial actors and parapublic structures across France.
• CNP RetraitecoreStrategic or Co-development PartnerCNP Retraite (Fonds de retraite professionnelle supplémentaire) is the insurer and underwriter of the Préfon-Retraite PER contract. The regime is reinsured by Axa and Allianz. Préfon Distribution acts as mandatory insurance representative of CNP Retraite.
• SuravenircoreStrategic or Co-development PartnerSuravenir (Société anonyme, €1.305 billion capital) is the insurer managing the Préfon-Vie Responsable multi-support life insurance contract, regulated by the Insurance Code and supervised by ACPR.
• Arkéa Asset ManagementcoreTechnology or IntegrationArkéa Asset Management provides managed investment advisory services (gestion sous mandat) for the Préfon-Vie Responsable contract, selecting and managing investment allocations on behalf of policyholders.
• CNP AssurancescoreStrategic or Co-development PartnerCNP Assurances (€686.6 million capital, Paris) is the insurer of the Préfon Dépendance individual dependency insurance contract, with Filassistance International providing assistance services.
• AGPM AssurancesminorStrategic or Co-development PartnerAGPM Assurances is the insurer of the Protection Juridique TEGO contract referred by Préfon Distribution. AGPM is a mutual insurance company regulated by the Insurance Code.
• France Retraite by Diot-SiaciminorImplementation/ SI/ Consulting PartnerPréfon partners with France Retraite by Diot-Siaci to offer a detailed retirement assessment service (bilan retraite) to its affiliates, providing expert analysis of retirement prospects at reduced cost.
• Mutuelle d'Épargne RetraiteminorChannel Partner/ Reseller/ DistributorMutuelle d'Épargne Retraite is a mutual insurance company (Mutualité Française) specializing in the Retraite Mutualiste du Combattant. Préfon refers affiliates to this service as an indicator partner.
• CDC HabitatminorGTM or Marketing PartnerCDC Habitat (Société d'économie mixte, €2.16 billion capital) provides housing search assistance services to Préfon affiliates, helping civil servants find housing including priority access to housing for retirees.
• Retraite PlusminorGTM or Marketing PartnerRetraite Plus SAS provides assistance in searching for retirement homes (maisons de retraite) for elderly Préfon affiliates, offering guidance and consulting services for senior living arrangements.
• VIRAGE-VIAGER (VITALIMMO)minorGTM or Marketing PartnerVIRAGE-VIAGER developed the Viager Mutualisé® VITALIMMO product, which Préfon offers to affiliates as a socially responsible viager solution allowing seniors to monetize their property while remaining at home.
• Fédération Française de Handball (FFHB)coreGTM or Marketing PartnerSince 2019, Préfon has been the official sponsor of the French men's and women's national handball teams. Préfon branding appears on team jerseys, and the partnership includes the 'Trophée de l'engagement' awarded after matches. The partnership embodies shared values of collective engagement and solidarity with public sector employees.
• Fondation MINES ParisTechminorGTM or Marketing PartnerPréfon Distribution supports the scientific project of the MINES ParisTech chair 'Théorie de l'Entreprise. Modèles de gouvernance et Création collective' for the period 2020-2024, demonstrating commitment to academic research and social responsibility.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Klesia: Klesia is a French social protection group (retirement, health, prévoyance) created for and serving civil servants and similar public-sector professions. Comparable by target segment (fonctionnaires) and product offering (supplementary retirement, prévoyance), although it focuses more on enterprise/B2B schemes.
• La Banque Postale: La Banque Postale is both a Préfon channel partner (since 2004, distributing 'Solesio Préfon Retraite') and a competing bancassurer with its own PER, life insurance, and retirement products targeting civil servants. Comparable by customer overlap and product line, and a strategically dual relationship for Préfon.
• Société Générale Assurances: Société Générale Assurances offers life insurance, PER, and prévoyance products through Société Générale's retail network in France. Comparable as a bancassurance incumbent competing for individual retirement savings with broad distribution and product portfolios.
• AXA France: AXA France is one of France's largest general insurers and serves as a reinsurer of the Préfon-Retraite PER contract. Comparable as a broad French life/personal protection incumbent with overlapping retirement and prévoyance products serving the same broad market.
• CNP Assurances: CNP Assurances is France's leading life and personal protection insurer and is also the underwriter of Préfon's PER (via CNP Retraite). Directly comparable as a major French life/pension insurance carrier serving civil servants, with overlapping product lines and distribution partnerships.
• Malakoff Humanis: Malakoff Humanis is a major French social protection group offering retirement, health, and prévoyance solutions to companies and individuals, with significant presence in public-sector complementary schemes. Comparable by retirement/savings/prévoyance product set and similar B2B/B2C distribution model.
• Crédit Agricole Assurances: Crédit Agricole Assurances is the insurance arm of Crédit Agricole, offering PER, life insurance, and prévoyance products through France's largest banking network. Comparable as a bancassurance incumbent competing for civil servant retirement savings with broad product offerings.
• AG2R La Mondiale: AG2R La Mondiale is one of France's largest insurance and retirement protection groups, offering PER, life insurance, and prévoyance products. Comparable as a broad French incumbent with overlapping retirement/savings products targeting both individuals and enterprises, including public sector.

Direct peers

• Carac: Carac is a French mutual insurance company (mutuelle d'épargne) specialized in retirement, savings, and prévoyance for public sector employees, military, and similar professions — directly comparable to Préfon by target customer (fonctionnaires) and product mix (PER, assurance-vie, dépendance).
• MGEL (Mutuelle Générale de l'Éducation Nationale): MGEL is a French mutual specifically serving Éducation Nationale staff, offering complementary health, prévoyance, and savings products. Comparable as a profession-targeted mutual offering retirement-adjacent protection products to a subset of French civil servants (teachers, education staff).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/PrefonRetraite
• Facebookfacebook.com/PrefonAsso
• LinkedInlinkedin.com/company/prefon
• Instagraminstagram.com/prefon_association
• Xx.com/prefon_asso

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Prefon