What Medicis does

Médicis (legal name: Mutuelle Médicis) is a French mutual insurance company founded in 1978 that specializes exclusively in supplementary retirement savings plans (PER, Plan d'Épargne Retraite) for independent workers and entrepreneurs, including artisans, merchants, liberal professionals, business owners, and micro-entrepreneurs. The company operates under the Code de la Mutualité and is supervised by the ACPR, with its headquarters located at 12-14 rue Médéric, Paris. Since January 2021, Médicis has been part of the Malakoff Humanis group as an MRPS (Société de groupe d'assurance mutuelle), and as of 2025 serves nearly 150,000 members.

The company's core product portfolio consists of two main PER contracts: PER Médicis en points, a point-based retirement savings plan where contributions are converted into retirement points determining future annuity amounts under collective management, and PER Médicis Multisupport, a multi-support plan offering euro funds (with 4% net return in 2024) and unit-linked accounts with managed or free-management options. Additional variants include PER Individuel (PERIN) and PER TNS targeted at specific sub-segments. Member assets are ring-fenced through the ADEPIA subscriber association for protection against insurer default. The company has built a partnership ecosystem including Malakoff Humanis (core strategic partner), Sienna Gestion (financial offering co-builder), GERP, MAPA, and various GTM partners such as the Chambre des Métiers et de l'Artisanat de Paris and CGAD.

Médicis operates a sales-led go-to-market model centered on a direct expert retirement advisor network providing personalized retirement diagnosis and balance sheet consultations. Revenue is generated through recurring management fees on member contributions and pension payment administration. The company markets through content (blog, monthly newsletter), industry event sponsorships (Meilleur Apprenti de France, World Burger Contest), and partner channels. Mutualist governance means no external shareholders—profits are reinvested for members, and the Board of Directors is elected by member delegates, with the most recent 2024 elections showing 14.04% participation and 94.80% support for the elected list.

Name

Medicis

Legal name

Mutuelle Médicis

Website

https://mutuelle-medicis.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

101–250 employees

Short description

Médicis is a French mutual insurance company founded in 1978 that specializes exclusively in supplementary retirement savings plans (PER) for nearly 150,000 independent workers and entrepreneurs in France, operating as part of the Malakoff Humanis group since 2021.

Ownership category

akta.pro rank

Product category

Retirement Insurance and Supplementary Pension Services

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Life Insurance (6311)

akta.pro primary industry

Annuities & Investment-Linked Insurance Solutions (Retail) (FSAAAAAM)

Keywords

• Retirement savings plans
• Mutual insurance
• Supplementary pension
• Independent workers
• Tax-advantaged savings

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Retirement Savings Contributions: Médicis generates revenue through managing retirement savings contributions from its approximately 150,000 members. Members make voluntary contributions to their PER (Plan d'Épargne Retraite) accounts, which are invested in point-based or multi-support funds. The company earns management fees on these assets.
2. Retirement Pension Payments: Upon retirement, members receive their accumulated savings as lifetime annuities (rente viagère), capital, or mixed solutions, generating revenue through the management and administration of pension payments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Médicis is a French mutual insurance company specializing in supplementary retirement savings plans (PER - Plan d'Épargne Retraite) exclusively for independent workers and entrepreneurs. The company sells PER Médicis en points (point-based plan with collective management) and PER Médicis Multisupport (multi-support plan with euro funds and units of account), offering tax-deductible contributions, flexible retirement income options (capital, annuity, or mixed), and early access for home purchase or life emergencies.

Product overview

Medicis operates as a complementary pension mutual insurance company (mutuelle de retraite complémentaire) exclusively serving independent workers and entrepreneurs. The company offers a unified product portfolio centered on PER (Plan d'Épargne Retraite) products, specifically two main offerings: PER Médicis en points (a traditional point-based annuity product) and PER Médicis Multisupport (a modern multi-support plan combining euro funds and units of account). Both products provide tax-deductible contribution options, flexible exit mechanisms (capital, annuity, or mixed), and early withdrawal possibilities for exceptional circumstances. The PER Individuel and PER TNS variants address different segments within the independent worker market. All products are governed by the Code de la Mutualité and supervised by ACPR, with assets held in segregated accounts for member protection.

Differentiator

Problem solved

Functional benefit

Brands

• PER Médicis en points: PER product with collective management where policyholders delegate financial management to the insurer.
• PER Médicis Multisupport
• Club Avantages Médicis

Quantifiable outcome

• 4% net return on euro fund in 2024
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• ROAM (Réunion des Organismes d'Assurance Mutuelle)coreStrategic or Co-development Partner · 1 January 2025Médicis joined ROAM starting January 1, 2025, strengthening commitment to share expertise and benefit from a dynamic network. Near 150,000 members and 46+ years of experience position Médicis as a key player in supporting independents and entrepreneurs in retirement projects.
• Malakoff HumaniscoreStrategic or Co-development Partner · 1 January 2019In 2019, Médicis selected Malakoff Humanis group to work on rapprochement modalities. Shared visions of partnership, mutualism, and entrepreneurship along with complementary expertise led to joint work serving independents and entrepreneurs. Malakoff Humanis deploys a range of retirement products including the PER Individuel Médicis since June 2020.
• ADEPIA (Association de Défense et de Promotion des Intérêts des Adhérents de Médicis)coreStrategic or Co-development PartnerADEPIA is the subscriber association for the PER Médicis. It ensures that PER Médicis assets are segregated (cantonné), completely protecting member savings from any potential insurer defaults. The association is governed by elected members from among contributing members, former members, and retirees.
• GERP (Groupement d'Epargne Retraite Populaire)coreStrategic or Co-development PartnerThe PERP (retirement savings plan) is subscribed through a contract between GERP and Médicis mutual. GERP ensures representation of subscriber interests and beneficiary interests in case of member death, and ensures asset segregation.
• MAPAminorChannel Partner/ Reseller/ DistributorPartnership for health insurance and Garantie des Accidents de la Vie (Guaranteed Life Accidents) coverage, offering members access to personal insurance products.
• Chambre des Métiers et de l'Artisanat de ParisminorGTM or Marketing PartnerConvention partnership signed in October 2017 for mutual cooperation in supporting artisans and small business owners.
• CGAD (Confédération Générale de l'Alimentation et de la Distribution)minorGTM or Marketing PartnerMédicis partners with CGAD for artisan events including the Fête du Pain, World Burger Contest, and Meilleur Apprenti de France competitions.
• Be a BossminorGTM or Marketing PartnerMédicis renewed its commitment as partner of Be a Boss, the reference event for female entrepreneurship.
• FuturnessminorGTM or Marketing PartnerNew partnership with Futurness for career coaching and orientation expertise.
• Cancer@WorkminorGTM or Marketing PartnerMédicis is committed to Cancer@Work, a network of companies supporting cancer patients and prevention.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• AXA France: Major French life and retirement insurer offering PER, Madelin, and wealth products with broad multi-channel distribution. While much larger and broader in scope, AXA France competes directly for the same TNS retirement savings wallet.
• CNP Assurances: One of France's largest life and personal risk insurers, dominant in retirement savings and partner-distributed insurance. Overlaps with Médicis on PER products and French retail distribution but at much larger scale via banking and partner networks.
• Crédit Agricole Assurances: Insurance arm of Crédit Agricole group offering life, retirement (PER, Madelin), and death & disability products via regional banks. Competes for the same independent-worker retirement savings through deep bancassurance distribution.
• BNP Paribas Cardif: Insurance arm of BNP Paribas offering life, retirement, and savings products distributed through banking channels. Comparable PER offerings but leverages bancassurance scale rather than specialist mutual distribution.

Direct peers

• MACIF: Major French mutual insurer (mutuelle) with growing life insurance and retirement savings offerings for individual members, including self-employed segments. Comparable mutual governance structure, French retail distribution, and supplementary retirement focus.
• AG2R La Mondiale: French mutual insurance group with deep retirement savings and PER offerings, including a strong presence serving independents and enterprise retirement plans. Directly comparable mutualist model, product portfolio (PER, Madelin, retraite collective), and TNS customer focus.
• Prepar Vie: Smaller French insurer historically focused on retirement savings (Madelin, PERP, PER) for self-employed professionals. Closely aligned niche specialization, product set, and customer base with Médicis.
• SwissLife France: French subsidiary of SwissLife specializing in life insurance, retirement savings (PER, Madelin), and wealth management for individuals and independents. Comparable product suite and TNS customer targeting.
• Mutavie (Crédit Mutuel): Life insurance subsidiary of Crédit Mutuel group offering PER, retirement savings, and individual life products distributed via mutual banking networks. Comparable mutualist distribution and product mix targeting French retail and small business customers.
• Groupama: French mutual insurance group offering life, retirement, and PER products with deep roots among independents, farmers, and small business owners — closely mirroring Médicis's target segment and mutual distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Medicis