Prim’Act
Prim'Act is a Paris-based actuarial consulting firm providing advisory, on-site technical assistance, and Solvabilité 2/IFRS 17 process industrialization to insurance companies, reinsurers, pension funds, and banks across Europe, as a subsidiary of Groupe Kereis.
- Company typePrivate
- Founded2013
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Prim’Act does
Prim'Act is a Paris-based actuarial consulting firm founded in 2013 by four actuaries (Hervé Douard, Guillaume Leroy, Frédéric Planchet, and Gilles Depommier) that provides specialized advisory services to insurance organizations (mutuelles, institutions de prévoyance, insurance companies), reinsurers, pension funds, and increasingly to banks and asset management firms. The firm is organized as a SAS (Société par actions simplifiée) with €125,000 of registered capital and operates as a subsidiary of Groupe Kereis, a European insurance brokerage group with 1,650 employees across seven countries. Its service portfolio comprises consulting missions, on-site technical assistance, process industrialization for regulatory calculations, professional training, and a dedicated R&D pole, supported by Qualiopi and ECOVADIS certifications.
The firm's technical differentiator is a set of proprietary software tools (Ooliba, Assuretat, Solvaset) co-developed with Effisoft for industrializing actuarial calculations under Solvabilité 2 Pillars I, II, and III, as well as Solvabilité 1 inventory processes. Expertise spans life insurance, non-life insurance, providence/health/dependence, ALM, IFRS 17, climate risk, and reinsurance, positioning the firm around regulatory-driven demand from European insurers. Founders hold the title of Agrégé de l'Institut des Actuaires, and the firm has been recognized externally through the 2014 FANAF Prize for actuarial research in Francophone Sub-Saharan Africa.
Prim'Act generates revenue through professional services engagements: consulting missions producing detailed reports, on-site technical assistance for client actuarial teams, process industrialization projects, and training programs. Distribution is sales-led and direct, leveraging relationships, professional publications, breakfast sessions (petits-déjeuners), and LinkedIn for thought leadership. The firm employs 11-50 staff and does not publicly disclose revenue or pricing, operating on a contact-based quotation model typical of bespoke B2B advisory work.
Prim’Act firmographics
Firmographics- Name
- Prim’Act
- Legal name
- Prim'Act
- Website
- https://primact.fr
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Prim'Act is a Paris-based actuarial consulting firm providing advisory, on-site technical assistance, and Solvabilité 2/IFRS 17 process industrialization to insurance companies, reinsurers, pension funds, and banks across Europe, as a subsidiary of Groupe Kereis.
- Ownership category
- akta.pro rank
Where Prim’Act is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Prim’Act business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Consulting Services: Prim'Act generates revenue through consulting missions producing detailed reports with observations, recommendations and conclusions, technical assistance on client sites, process industrialization services, and professional training programs.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Prim’Act product offering
Product offeringCore offering
Prim'Act is an actuarial consulting firm that assists insurance organizations (mutuals, providence institutions, insurance companies), reinsurers, and pension funds across all areas of actuarial services. The firm delivers consulting missions, on-site technical assistance, process industrialization for Solvency 2 calculations (Pillars I, II, and III), professional training, and R&D services. It also developed proprietary software tools (Ooliba, Assuretat, Solvaset) in partnership with Effisoft to industrialize actuarial calculations and regulatory reporting.
Product overview
Prim'Act is an actuarial consulting firm offering a comprehensive suite of services including consulting missions, on-site technical assistance, process industrialization for Solvency 2 calculations, and professional training. The firm has developed proprietary software tools (Ooliba, Assuretat, Solvaset) in partnership with Effisoft for actuarial calculations and regulatory reporting. Their offerings span life insurance, non-life insurance, health and provident insurance, and retirement, supported by a dedicated R&D department providing academic and professional expertise on actuarial topics.
Differentiator
Problem solved
Functional benefit
Products and services
- Consulting missions (Missions de conseil)
- On-site technical assistance (Assistance technique sur site)
- Solvency 2 process industrialization (Industrialisation des processus Solvabilité 2)
- Professional training (Formation)
- Research and Development (R&D) services
- Ooliba
- Assuretat
- Solvaset
Quantifiable outcome
- 100% of trained persons achieved their objectives
Companies that use Prim’Act
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Prim’Act technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Prim’Act partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- EffisoftcorePrim'Act has developed software tools Ooliba/Assuretat/Solvaset in partnership with Effisoft, a specialized software company (SSII). These tools enable the realization and industrialization of actuarial calculations within Solvabilité 2 Pillars I, II, and III framework, as well as Solvabilité 1 Inventory calculations.
- Groupe KereisflagshipPrim'Act is part of Groupe Kereis, a European reference actor in person insurance brokerage (providence and health) created more than 30 years ago. Kereis comprises 1650 collaborators across 7 European countries, serving partners and policyholders with expertise in insurance and providence matters.
Scale indicators2 records
Recent moves7 records
Expansion highlights5 records
Prim’Act competitors and assessment
Company assessmentBroad incumbents
- Oliver Wyman: Global management consulting firm with a dedicated Insurance & Actuarial practice serving life, P&C, and health insurers on Solvency 2, IFRS 17, ALM, and risk modeling. Directly comparable in actuarial advisory scope, with much broader consulting scale.
- Willis Towers Watson (WTW): Global advisory, brokerage, and solutions firm with a sizable Insurance Consulting & Technology practice offering actuarial, ALM, Solvency 2, and risk consulting. Comparable in service breadth to Prim'Act, but operates as a broad incumbent across HR, risk, and capital markets.
- EY (Insurance & Actuarial): Big 4 firm with European insurance and actuarial advisory teams serving insurers and mutuals on Solvency 2, IFRS 17, and actuarial transformation. Direct competitor in the same French/European insurance buyer segment as Prim'Act.
- PwC (Insurance): Big 4 firm with a European insurance and actuarial practice offering Solvency 2, IFRS 17, ALM, and actuarial consulting. Same target clients as Prim'Act, typically delivered through larger multi-disciplinary engagement teams.
- Deloitte (Insurance & Actuarial): Big 4 firm with a dedicated Insurance industry group offering actuarial, regulatory (Solvency 2, IFRS 17), risk, and finance transformation services to European insurers. Overlaps Prim'Act in target clients and core service lines, but typically delivers at much larger scale with cross-functional teams.
- KPMG (Insurance): Big 4 firm with a strong European insurance advisory practice covering actuarial, Solvency 2, IFRS 17, and risk transformation. Competes with Prim'Act for the same mutuelle, insurer, and pension fund clients in France, often as part of broader multi-workstream mandates.
Direct peers
- Optimind: French actuarial, risk, and finance consulting firm serving insurers, mutuals, and pension funds in France. Direct domestic peer to Prim'Act with comparable service lines (actuarial, Solvency 2, IFRS 17) and a similar mid-market French positioning.
- Milliman: Global actuarial and consulting firm providing life, non-life, health, and pension actuarial services to insurers, reinsurers, and pension funds. Highly comparable to Prim'Act in its core consulting and Solvency 2/IFRS 17 advisory work, though operating at much larger scale.
- Heka (formerly Actuaris): French actuarial and risk consulting firm focused on insurance, mutuals, and pension institutions. Closely comparable to Prim'Act in size, services (actuarial advice, Solvency 2, modeling), and primary customer base in France.
- Galya: French actuarial consulting firm offering Solvency 2, IFRS 17, ALM, and risk modeling services to insurers and mutuals. Highly comparable niche competitor to Prim'Act in the French mid-market actuarial consulting space.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Prim’Act social profiles
Digital presencePrim’Act compliance and trust
Trust signalCompliance2 records
Prim’Act financial estimates
Financial estimateRevenue estimate
Valuation estimate
Prim’Act leadership team
Management profileNumber of profiles
Profiles5 records
Prim’Act funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Prim’Act M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Prim’Act
What does Prim’Act do?
Prim'Act is an actuarial consulting firm that assists insurance organizations (mutuals, providence institutions, insurance companies), reinsurers, and pension funds across all areas of actuarial services. The firm delivers consulting missions, on-site technical assistance, process industrialization for Solvency 2 calculations (Pillars I, II, and III), professional training, and R&D services. It also developed proprietary software tools (Ooliba, Assuretat, Solvaset) in partnership with Effisoft to industrialize actuarial calculations and regulatory reporting.
Is Prim’Act a public or private company?
Prim’Act is a private company. It is classified as corporate owned and is currently operating.
When was Prim’Act founded?
Prim’Act was founded in 2013. It employs 11 to 50 people.
Where is Prim’Act based?
Prim’Act is headquartered in Paris, France, in the Europe region.
How does Prim’Act make money?
One revenue line is on record: consulting Services.
Who are Prim’Act's main competitors?
Broad incumbents on record are Oliver Wyman, Willis Towers Watson (WTW), EY (Insurance & Actuarial), PwC (Insurance), Deloitte (Insurance & Actuarial) and KPMG (Insurance). Direct peers are Optimind, Milliman, Heka (formerly Actuaris) and Galya.
Does Prim’Act have an API?
No public API is recorded for Prim’Act.