Option
Option (Opsion Libre Passage) is a Swiss pension foundation within Groupe Mutuel that manages occupational and individual Pillar 3a vested benefit pension assets for company employees and individuals across Switzerland, operating digital self-service portals for pension administration.
- Company typePrivate
- Founded-
- HeadquartersLe Grand-saconnex, Switzerland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Option does
Option (operating through Fondation Opsion Libre Passage) is a Swiss pension foundation based in Le Grand-saconnex, Switzerland, and a wholly-owned subsidiary within the Groupe Mutuel Holding SA group. Option provides occupational and individual pension solutions focused on Pillar 3a vested benefit (libre passage) asset management for company employees and individuals transitioning between employers, operating within the Swiss mandatory BVG/LPP regulatory framework. Its core product is the flexible Opsion Libre Passage foundation, which manages pension assets with a medium-to-long-term investment focus and handles vested benefit transfers.
The company's technology infrastructure centers on dedicated digital self-service portals: the Opsion Libre Passage Pro portal (hosted on Nucoro's platform) for professional pension fund management, and the Espace client for individual customers. Underlying technology is described as a standard insurance technology platform with digital customer-facing portals, mobile applications (iOS/Android), and AI-powered chatbot assistants (Ada, EVA) for supplementary insurance inquiries. AI capabilities are limited to process automation — automated invoice processing with human review and automated debt collection proceedings — rather than proprietary machine learning.
Option generates revenue primarily through recurring asset-based fees on pension assets under management (vested benefit accounts), supplemented by professional services for technical, administrative, and accounting management of pension institutions. Distribution is conducted through the parent Groupe Mutuel's enterprise sales force (serving 24,000 enterprise clients nationally), direct digital engagement via multiple portals, and phone-based customer service. Customer segments include private individuals seeking pension solutions, enterprises needing BVG/LPP-compliant occupational pension arrangements, and self-employed professionals. Pricing for related products (e.g., ProVista/ProVistalight death and invalidity coverage) follows a subscription model with monthly billing, quote-based on age and coverage parameters. The broader Groupe Mutuel group reported a measurable 25% reduction in absence costs for clients through its CorporateCare absenteeism management program, indicating outcomes-based service capabilities.
Option firmographics
Firmographics- Name
- Option
- Legal name
- Groupe Mutuel Services SA
- Website
- https://opsion.ch
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Option (Opsion Libre Passage) is a Swiss pension foundation within Groupe Mutuel that manages occupational and individual Pillar 3a vested benefit pension assets for company employees and individuals across Switzerland, operating digital self-service portals for pension administration.
- Ownership category
- akta.pro rank
Option industry classification
Industry- Product category
- Occupational Pension Administration
- NAICS
- Pension Funds (52511), Insurance and Employee Benefit Funds (5251), Direct Health and Medical Insurance Carriers (524114)
- SIC
- Life Insurance (6311), Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321)
- akta.pro primary industry
- Annuity & Insurance-Based Retirement Solutions Advisory (FSAEABAH)
- akta.pro secondary industries
- Retirement Plan Participant Advice & Managed Accounts (FSAEABAF), Association & PEO Group Health Plans (AHP/PEO-Sponsored) (FSAIAFAH), Worksite Hospital Indemnity Insurance (FSAIAMAB)
Keywords
Where Option is headquartered
LocationHeadquarters
- HQ city
- Le Grand-saconnex
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
Option business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Health Insurance Premiums: Mandatory basic health insurance (LAMal) and supplementary health insurance products generating recurring premium revenue from both individual and corporate clients.
- Pension & Provident Insurance: Occupational pension solutions (BVG/LPP) through collective foundations including FCGM and Opsion Libre Passage for retirement savings management.
- Accident Insurance: Mandatory accident insurance (LAA) and supplementary accident coverage for employees and individuals.
- Life & Savings Products: Life insurance, death/disability coverage, and savings products for individual financial security and retirement planning.
- Corporate Health Management Services: CorporateCare and HumanCare workplace health management programs providing case management, prevention services, and absenteeism management for businesses.
- Property & Legal Insurance: Home insurance, liability insurance, legal protection, and cyber insurance products for private individuals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | ProVistalight death benefit insurance - lump sum options |
| Subscription | Monthly | ProVista invalidity and death benefit insurance |
| Usage-based | Monthly | Health insurance premium calculation |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Option product offering
Product offeringCore offering
Option provides occupational (BVG/LPP) and individual pension solutions through the Fondation Opsion Libre Passage, handling vested-benefit transfers and medium-to-long-term pension asset management for Swiss company employees and individuals. Its offering is delivered via dedicated online portals — including the Opsion Libre Passage Pro portal for advisors/employers and an insured-member portal — and is integrated into the Groupe Mutuel insurance group's broader pension and insurance ecosystem.
Product overview
Groupe Mutuel offers a comprehensive insurance and pension platform with a unified product portfolio spanning health insurance (basic LAMal and supplementary), life/pension products, property protection, and corporate health management services. The core offerings include the Assurance-maladie de base and Assurances-maladie complémentaires for health coverage, Prévoyance (Vie) products for life and savings, and professional pension solutions through the Fondation Collective Groupe Mutuel and Fondation Opsion Libre Passage. Corporate services include CorporateCare and HumanCare programs for workplace health management, along with Pension Services for institutional pension fund administration. Digital services include the Espace client portal, Ada chatbot, EVA virtual assistant, and mobile app access. Supplementary products include ProVista/ProVistalight accident capital insurance, ProtectLife, CHV Capital, KidsProtect, CyberProtect, LegalSafe package, and legal/liability coverage.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 25% reduction in absence costs through CorporateCare absenteeism management program
- +1 more outcomes
Companies that use Option
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Option technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature4 records
Option partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- BPA (Bureau de prévention des accidents / Swiss Council for Accident Prevention)corePartnership with Swiss accident prevention council for workplace safety initiatives. Co-developed accident prevention tools including SafetyKits and online self-assessment tests. Joint campaigns for preventing non-professional accidents and promoting workplace safety.
- bpa (Bureau de prévention des accidents)coreCollaboration on accident prevention for enterprises with SafetyKits recommendations categorized by theme (cycling, motorcycling, skiing, DIY, hiking, drunk driving). Prevention surveys and prevention campaigns for non-professional accidents.
- bfu (Swiss Council for Accident Prevention)coreAccess to bfu SafetyKits with prevention recommendations for various activities and themes. Joint development of accident prevention tests for enterprises.
- Healthcare Provider NetworkcoreNetwork of recognized hospitals, clinics, and therapists approved and recommended by Groupe Mutuel for insured customer care and referrals.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Option competitors and assessment
Company assessmentDirect peers
- AXA Switzerland: One of Switzerland's largest insurers with a sizeable occupational pension and group health business. Overlaps with Option across employer-sponsored pensions, accident, and supplementary health.
- Swiss Life: Switzerland's leading life and occupational pension insurer, offering BVG/LPP solutions to enterprises and individuals. Directly comparable to Option on the occupational and individual pension side and the largest competitor in this niche.
- Bâloise Group: Swiss insurance and pension provider offering BVG/LPP occupational pensions alongside property and health products. Comparable multi-line insurer competing for the same Swiss employer and individual segments.
- CSS Versicherung: Switzerland's largest basic health insurer under LAMal with a broad enterprise and individual franchise. Competes head-to-head with Option/Groupe Mutuel on mandatory and supplementary health.
- Helvetia Versicherungen: Major Swiss composite insurer with a strong occupational pension (BVG/LPP) franchise and group health offerings. Closely mirrors Option's enterprise pension + accident + health bundle.
- Concordia: Swiss mutual insurer offering basic and supplementary health plus accident coverage. Overlaps directly with Option's accident (LAA), daily allowance, and health product suite.
- Visana: Swiss health and accident insurer active in both individual and corporate group health, including voluntary supplementary coverage. Comparable focus on accident/daily allowance and health bundled with employer relationships.
- Allianz Suisse: Subsidiary of Allianz providing life, pension, and accident products in Switzerland. Directly competes for BVG/LPP mandates and supplementary group coverage.
- SWICA: Swiss health insurer with strong corporate health and prevention offerings (e.g., COMPLETA PRAEVENTA). Comparable to Option's CorporateCare prevention + health management value proposition for enterprises.
Broad incumbents
- Mobiliar: Swiss composite insurer known for property and SME lines but also active in pensions and accident. Broader incumbent that competes with Option for SME employer relationships across non-health lines.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Option financial estimates
Financial estimateRevenue estimate
Valuation estimate
Option leadership team
Management profileNumber of profiles
Profiles1 record
Option subsidiaries and ownership
Company hierarchySubsidiaries5 records
Option funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Option 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 Option
What does Option do?
Option provides occupational (BVG/LPP) and individual pension solutions through the Fondation Opsion Libre Passage, handling vested-benefit transfers and medium-to-long-term pension asset management for Swiss company employees and individuals. Its offering is delivered via dedicated online portals — including the Opsion Libre Passage Pro portal for advisors/employers and an insured-member portal — and is integrated into the Groupe Mutuel insurance group's broader pension and insurance ecosystem.
Is Option a public or private company?
Option is a private company. It is currently operating.
When was Option founded?
Option was founded in -1. It employs 11 to 50 people.
Where is Option based?
Option is headquartered in Le Grand-saconnex, Switzerland, in the Europe region.
How does Option make money?
Six revenue lines are on record. Health Insurance Premiums are the primary driver. The others are pension & Provident Insurance, accident Insurance, life & Savings Products, corporate Health Management Services and property & Legal Insurance.
Who are Option's main competitors?
Direct peers on record are AXA Switzerland, Swiss Life, Bâloise Group, CSS Versicherung, Helvetia Versicherungen, Concordia, Visana, Allianz Suisse and SWICA. Mobiliar is listed as a broad incumbent.
Does Option have an API?
No public API is recorded for Option.
What industry is Option in?
Option's product category is Occupational Pension Administration. Its primary akta.pro industry code is FSAEABAH, Annuity & Insurance-Based Retirement Solutions Advisory, with a secondary code of FSAEABAF, Retirement Plan Participant Advice & Managed Accounts. Its NAICS code is 52511 and its SIC code is 6311.