GAIPARE

What GAIPARE does

GAIPARE (Association Gaipare – Groupement Associatif Interprofessionnel Pour l'Amélioration de la Retraite et de l'Epargne) is a French non-profit association governed by the law of July 1, 1901, founded in 1983 and headquartered at 4 rue du Général Lanrezac, 75017 Paris. It represents 45,000 individual savers and negotiates life insurance and retirement savings contracts exclusively on their behalf, serving French retail investors focused on savings accumulation, retirement preparation, capital transmission, and estate planning. The organization does not underwrite insurance itself; instead, it acts as a pooled-buying association that secures contract terms, loyalty bonuses, and governance rights through joint committees with two core underwriting partners.

Its product portfolio is anchored by multi-support life insurance contracts (Fidelissimo, Gaipare Selectissimo, Gaipare Sélection, Gaipare II, Gaipare Vie Génération, Gaipare Croissance) and capitalization contracts (Fidelissimo Capitalisation, Gaipare Selectissimo Capitalisation), alongside the Livret Gaipare euro-only savings account. Underlying technology is delivered through Allianz (euro-denominated Gaipare fund, unit-of-account options, Gestion Profilée managed allocation with rebalancing 2-5 times per year, and a Loyalty Bonus Guarantee feature on Fidelissimo Capitalisation) and SELENCIA Retraite (PER/PERP retirement savings). Notable product features include the Gaipare Vie Génération contract, which provides a 20% additional abatement on taxable death benefits before the 152,500 EUR threshold under Article 990I of the French Tax Code.

GAIPARE earns revenue from subscription/recurring management fees on policyholder balances placed with Allianz and SELENCIA. Distribution combines direct member engagement (website, Espace Adhérent portal, newsletter, dedicated correspondents) with an insurance broker/courtier finder network. The association is governed by a board of 11 administrators, a consultative committee, and a permanent operational team led by Delegate Director Agnès JOUVE, with President Georges RICHELME as Director of Publication.

Name

GAIPARE

Legal name

Association Gaipare – Groupement Associatif Interprofessionnel Pour l'Amélioration de la Retraite et de l'Epargne

Website

https://gaipare.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

1–10 employees

Short description

GAIPARE is a French non-profit association founded in 1983 that negotiates life insurance and retirement savings contracts with Allianz and SELENCIA on behalf of its 45,000 individual savers, offering multi-support products, capitalization contracts, and favorable tax-advantaged transmission options for French retail investors.

Ownership category

akta.pro rank

Product category

Life Insurance & Retirement Savings

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Business Associations (813910), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Insurance Agents, Brokers & Service (6411), Services-Membership Organizations (8600), Life Insurance (6311)

akta.pro primary industry

Group Life Administration/Enrollment Platforms (TPA & Benefits Admin) (FSAIADAJ)

Keywords

• Life insurance contracts
• Retirement savings products
• Multi-support insurance
• Capital transmission planning
• Association-negotiated coverage

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Life Insurance Management Fees: Gaipare earns revenue through negotiated insurance contracts with partner Allianz and SELENCIA. The association receives compensation based on the contracts it places and manages for its 45,000 members, derived from annual management fees on policyholder balances.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

GAIPARE is an independent non-profit association founded in 1983 representing 45,000 individual members that negotiates and offers group life insurance and retirement savings contracts with partner insurers Allianz (life insurance) and SELENCIA Retraite (retirement savings). The association provides multi-support contracts with euro and unit-linked funds, capitalization contracts, and specialized products such as Vie Génération offering favorable taxation on death benefits. Members access contracts through Allianz and SELENCIA platforms while GAIPARE provides consultative support, member representation in joint committees, and dedicated correspondent services.

Product overview

GAIPARE is an independent savers' association (governed by the 1901 French law) founded in 1983 that negotiates and offers group life insurance and retirement savings contracts exclusively for its members. The organization provides a portfolio of insurance products through its historical partner Allianz (for life insurance) and SELENCIA Retraite (for retirement savings). The product range includes multi-support life insurance contracts (Fidelissimo, Gaipare Selectissimo, Gaipare Sélection) and capitalization contracts (Fidelissimo Capitalisation, Gaipare Selectissimo Capitalisation), as well as specialized contracts like Vie Génération with favorable taxation for beneficiaries. Some contracts are closed to new subscriptions (Gaipare II, Gaipare Sélect F, Livret Gaipare, Gaipare Croissance) but remain active. The association also offers managed investment options (Gestion Profilée) where Allianz handles asset allocation decisions.

Differentiator

Problem solved

Functional benefit

Brands

• Fidelissimo: Life insurance contract offered by Gaipare with euro and unit-linked funds, featuring loyalty bonuses and investment management options.
• Fidelissimo Capitalisation
• Selectissimo
• Gaipare Sélection
• Gaipare Croissance
• Gaipare II
• Gaipare Vie Génération
• Livret Gaipare

Products and services

• Fidelissimo Multi-support life insurance contract allowing savings, project preparation, and capital transmission to designated beneficiaries. Available to Gaipare members through partner Allianz.
• Fidelissimo Capitalisation Collective capitalization contract offering flexible, modular savings with euro and unit-linked investment options and loyalty bonuses. Designed for wealth management objectives including property sale reinvestment, donations, and civil society fund management.
• Gaipare Selectissimo Multi-support life insurance contract expressed in euros and/or unit-linked accounts for savings and capital transmission. Available to Gaipare members.
• Gaipare Selectissimo Capitalisation Capitalization contract designed for specific wealth management objectives, particularly wealth transmission. Available to Gaipare members.
• Gaipare Vie Génération Life insurance contract exclusively invested in unit-linked accounts, offering a 20% reduction on taxable death benefits before the 152,500 EUR allowance under Article 990I of the French Tax Code. Designed to finance sectors useful to the economy and society.
• Gaipare Sélection Collective multi-support life insurance contract with variable deferred capital and optional death benefit guarantee. Available to Gaipare members.
• Gaipare Croissance Collective multi-support contract under the 'DSK' fiscal regime, offering tax exemption on gains after 8 years. Closed to new subscriptions.
• Gaipare II

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• AllianzcoreStrategic or Co-development PartnerAllianz is the primary insurance partner of Gaipare, providing the underlying insurance infrastructure for life insurance products (Fidelissimo, Fidelissimo Capitalisation, Gaipare II, Gaipare Sélection, Gaipare Vie Génération, and other contracts). Joint committees (Comité de Direction, Comité de sélection des UC, Comité d'orientation des Placements) govern administrative, commercial, and financial decisions. Allianz provides the euro-denominated fund (Fonds Gaipare) and unit of account investment options with its financial expertise and solidity.
• SELENCIA RetraitecoreStrategic or Co-development PartnerSELENCIA Retraite is a 100% subsidiary of SELENCIA insurer, dedicated to retirement savings products for individual and enterprise clients. Gaipare offers SELENCIA retirement contracts through its member association model, with joint committees (Comité de direction, Comité de surveillance du PER, Comité de surveillance du PERP) overseeing retirement product governance.
• FAIDERminorStrategic or Co-development PartnerFAIDER (Fédération des Associations Indépendantes de Retraite et d'Epargne) is the federation to which Gaipare belongs, providing network representation and potentially shared resources for member associations.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• AGIPI (Association Générale Interprofessionnelle de Prévoyance et d'Investissement): AGIPI is a similar member association offering life insurance, retirement, and dependency coverage through Axa partnerships, serving independent professionals. It mirrors Gaipare's non-profit association governance and member-negotiated contract model.
• Carac: Carac is a member-driven mutual insurance association offering life insurance, retirement savings, and provident contracts. It competes directly with Gaipare in the same French member-savvy segment with similar non-profit governance.
• La France Mutualiste: La France Mutualiste is a member-based mutual association offering savings, retirement, and dependency products. Its non-profit mutualist structure and long-established French member base closely parallel Gaipare's positioning.
• Garance: Garance is a French member association and retirement mutual focused on complementary retirement savings for public-sector and similar professionals. It shares Gaipare's association-governed model and individual-policyholder advocacy approach.
• AFER (Association Française d'Épargne et de Retraite): AFER is the largest French independent savers' association with a nearly identical member-association model, negotiating life insurance contracts with Aviva/ABE Vie on behalf of its members. It is the most direct structural peer to Gaipare.

Broad incumbents

• CNP Assurances: CNP is the dominant French life insurance carrier with broad group and individual offerings. As a large incumbent, it is not direct competition but represents the scale benchmark against which Gaipare negotiates.
• Allianz France: Allianz is Gaipare's primary insurance partner and also a major French life insurance competitor in its own right. Comparable in the life insurance category but contrasts as a for-profit incumbent versus Gaipare's member association model.

Emerging players

• Suravenir: Suravenir is the Crédit Mutuel Arkéa life insurance and savings subsidiary that distributes through partner associations and brokers. It overlaps with Gaipare's distribution model and serves as an alternative insurer for association-type contracts.
• Linxo: Linxo is a French fintech offering personal finance aggregation and savings tools. While not a direct life insurance competitor, it targets the same French individual saver demographic with a digital-first model representing competitive pressure on traditional associations.

Others

• FAIDER (Fédération des Associations Indépendantes de Retraite et d'Epargne): FAIDER is the federation to which Gaipare belongs, aggregating independent French retirement/savings associations. It is thematically aligned and ecosystem-relevant but operates as an umbrella rather than a direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/associationgaipare

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 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 GAIPARE