MGEL

What MGEL does

MGEL (Mutuelle Générale des Etudiants de l'Est), founded in 1948 and headquartered in Nancy, France, is a not-for-profit mutual insurance organization operating under Book III of the French Code de la Mutualité. It serves individuals aged 18-35, primarily students, apprentices, and young professionals, through an integrated ecosystem that combines health insurance with housing, prevention, and workspace services. The group has 101-250 employees and operates nationwide in France through multiple physical offices in Nancy, Clichy, Strasbourg, Angers, and Nantes.

The group's revenue is generated across five primary streams: recurring health insurance subscriptions (the core since 1948), rental income from student residences, young-worker housing, coliving spaces, and social hotel residences, subscription and usage-based fees from coworking spaces, transaction-based property management fees from SMEB'Habitat (~400 units in Angers and Nantes), and professional services from health prevention programs including e-learning modules and mental health ambassador initiatives. Pricing models include monthly housing subscriptions (APL/ALS-eligible), pay-as-you-go flexible coworking and hotel stays, and transaction-based real estate services; pricing is not publicly disclosed.

MGEL's technology footprint is centered on digital platforms and property management systems for housing, prevention, and coworking services. Notable proprietary components include MGEL Prévention's certifying e-learning modules (specialized for the 18-35 demographic) and an integrated student housing management system covering residences, coliving, and hotel residences across France. Distribution is direct-to-consumer via branded subsidiary websites (MGEL Logement, Moov'Appart Hôtel, La Pousse Coworking, SMEB'Habitat, MGEL Prévention), with institutional referral partnerships through SIAO, Action Logement, and ARS, and a co-developed digital mutual platform (Yvon) with Groupe VYV.

Name

MGEL

Legal name

La Mutuelle Générale des Etudiants de L'est

Website

https://mgel.fr

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

101–250 employees

Short description

MGEL is a French not-for-profit mutual insurance organization, founded in 1948 and headquartered in Nancy, serving 18-35 year-olds (students, apprentices, young professionals) through an integrated ecosystem of health insurance, student housing, coworking, property management, and health prevention services across France.

Ownership category

akta.pro rank

Product category

Mutual Health Insurance

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411), Other Insurance Funds (52519)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Student health insurance
• Youth housing services
• Student mutual
• Health prevention programs
• Flexible coworking spaces

Headquarters

HQ city

Reims

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Student and youth housing rentals: Rental income from student residences, young worker housing, coliving spaces, and social hotel residences (Moov'Appart Hôtel) across France. Offers flexible stays from one night to several months.
2. Property management fees (SMEB'Habitat): Rental management and real estate transaction services for landlords and tenants in Angers and Nantes, managing approximately 400 housing units.
3. Coworking space subscriptions: Flexible workspace rental at La Pousse Coworking locations in Clichy and Strasbourg, offering hourly, daily, and monthly plans for desks and meeting rooms.
4. Health insurance subscriptions: Student mutual insurance providing health coverage, historically the core business since 1948, expanding to prevention and digital platforms.
5. Health prevention services: Prevention programs including e-learning, mental health ambassador training, and health workshops for youth aged 18-35.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

MGEL is a French mutual insurance organization (mutuelle) founded in 1948 that provides complementary health insurance, housing, health prevention, and related services for students, apprentices, and young professionals aged 18-35. Its core offering is mutualist health insurance, augmented by an integrated ecosystem of student residences, flexible hotel accommodations, coworking spaces, a real estate agency, and dedicated health prevention programs including certifiable e-learning.

Product overview

MGEL (Mutuelle Générale des Etudiants de l'Est) is a mutual insurance group founded in 1948 serving 18-35 year olds (students, alternates, young professionals) with a comprehensive ecosystem combining health insurance, housing, and prevention services. The core offering centers on health mutual insurance, supplemented by MGEL Logement (student housing network), Moov'Appart Hôtel (flexible hotel accommodations), La Pousse Coworking (coworking spaces), SMEB'Habitat (real estate agency), and MGEL Prévention (health prevention). Additional brands include Yvon (digital student platform), Vital Assur (daily insurance), MVS (non-student mutual solutions), and FAVE (student welfare fund).

Differentiator

Problem solved

Functional benefit

Brands

• MGEL Logement: Student and young active housing, residences, coliving spaces across France
• Moov'Appart Hôtel
• La Pousse Coworking
• SMEB'Habitat
• MGEL Prévention
• FAVE
• Vital Assur
• Yvon

Products and services

• MGEL Student Mutual Health Insurance Core complementary health insurance mutual for students, alternates, and young professionals aged 18-35, founded in 1948, providing comprehensive health coverage and prevention services.
• MGEL Logement (Student & Youth Housing) Student and young professional housing network offering residences, coliving houses, and social hotel residences across France, with functional, equipped, and accessible accommodations from T1 to T6, eligible for APL/ALS housing assistance.
• Moov'Appart Hôtel (Flexible Accommodation) Flexible social hotel residences (RHVS) offering accommodation for stays from one night to several months, serving young people, employees in mobility, SIAO-referred individuals, Action Logement beneficiaries, and direct clients, with included services such as broadband, bedding, and regular cleaning.
• La Pousse Coworking Flexible coworking workspaces in Clichy and Strasbourg offering private offices, open-space desks, hourly or monthly rentals, meeting rooms, and afterwork events for students, independents, associations, and companies.
• SMEB'Habitat (Real Estate Agency) Real estate agency specializing in student and young professional housing in Angers and Nantes, managing approximately 400 rental properties including studios and colocations, providing rental management and transaction services.
• MGEL Prévention (Health Prevention) Health prevention structure offering pedagogical tools, proximity services, and accessible prevention pathways including certifiable e-learning modules and mental health ambassador programs, promoting physical, mental, and social well-being for 18-35 year olds.
• Yvon (Digital Mutualist Platform) First 100% digital mutualist platform dedicated to students, created in collaboration with Groupe VYV, providing digital health services for the student demographic.
• Vital Assur Insurance brand selecting the best daily insurance solutions from specialized partners for MGEL members.
• Mutuelle Vitalité Santé (MVS) MGEL brand offering mutualist health solutions for the non-student public, extending the group's mutual insurance offering beyond the student demographic.
• FAVE (Fonds d'Amélioration de la Vie Étudiante) Fund (Fonds d'Amélioration de la Vie Étudiante) created to support young people in precarious situations, improving their living, study, health, and mobility conditions.

Quantifiable outcome

• ~400 housing units managed in Angers and Nantes by SMEB'Habitat
• +3 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Groupe VYVcoreStrategic or Co-development Partner · 1 January 2019In collaboration with Groupe VYV, MGEL created the Yvon brand - the first 100% digital mutualist platform dedicated to students. This partnership leveraged both groups' mutualist expertise to deliver digital-first health services for students.
• CoReSS Grand Est (Comité Régional de coordination en Santé Sexuelle)coreStrategic or Co-development PartnerMGEL Prévention is a full member (membre titulaire) of CoReSS Grand Est, the Regional Coordination Committee for Sexual Health, in connection with the Regional Health Agency (ARS). This membership enables structured promotion of sexual and reproductive health among youth.
• SIAO (Service Intégré d'Accueil et d'Orientation)minorChannel Partner/ Reseller/ DistributorState referral system directing individuals to Moov'Appart Hôtel social hotel residences for dignified temporary housing solutions.
• Action LogementminorChannel Partner/ Reseller/ DistributorNational organization channeling employees in professional mobility to Moov'Appart Hôtel residences for extended stay accommodation.
• ARS (Agence Régionale de Santé)coreStrategic or Co-development PartnerRegional Health Agency with which MGEL Prévention collaborates as member of CoReSS Grand Est for regional health strategy implementation.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key highlights7 records

Customer concentration

• Xx.com/LaMGEL

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries9 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 MGEL