What KOREGE does

KOREGE is a French insurance company (société anonyme) operating in life insurance, retirement savings (PER), borrower insurance, and personal protection (prévoyance). Founded in 1986 as Erisa through a joint venture between CCF, Swiss Life, and Mutuelles du Mans, the company passed through HSBC ownership (2007–2025) before being acquired by Groupe Matmut on November 1, 2025 and rebranded as KOREGE. The company serves individual policyholders seeking life insurance, retirement savings, estate planning, and wealth transmission solutions, as well as business/professional clients requiring key person insurance and business continuity coverage, and borrowers needing credit protection insurance.

The company's product portfolio includes unit-linked and euro-denominated life insurance contracts (KOREGE Stratégie Patrimoine Vie 2, KOREGE Évolution Patrimoine Vie 2, KOREGE Essentiel 2), capitalization contracts, PER retirement products (KOREGE Stratégie Retraite), and protection insurance (KOREGE Solution Famille, KOREGE Solution Homme Clé, KOREGE Garanties Emprunteur). Underlying technology consists of a digital customer self-service portal with electronic signature capabilities, partner system integration for operational management, and contract management via Kereis France. The company manages €21.4 billion in assets under management and operates under ACPR supervision with a 218% Solvency II capital coverage ratio.

KOREGE generates revenue through subscription-based insurance premiums, management fees on assets under management, and surrender charges across its life insurance, capitalization, retirement, and protection product lines. Distribution operates through a hybrid model: direct customer service and online portal, the Groupe Matmut mutual insurance network via bancassurance cross-selling, and a 2024 distribution agreement with CCF (Crédit Commercial de France) banking network. The company is headquartered in Courbevoie (Cœur Défense) with primary operations in Rouen and runs 101–250 employees, with its registered office in Rouen and a 2025 revenue of €1.49 billion.

Name

KOREGE

Legal name

KOREGE

Website

https://korege.fr

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

101–250 employees

Short description

KOREGE is a French insurance company offering life insurance, retirement savings, borrower insurance, and personal protection products to individual and business clients. It is a wholly-owned subsidiary of Groupe Matmut, managing €21.4 billion in assets under distribution through banking and mutual insurance networks.

Ownership category

akta.pro rank

Product category

Life Insurance

NAICS

Direct Life Insurance Carriers (524113), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Life Insurance (6311)

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

akta.pro secondary industries

Variable Universal Life (VUL) Insurance (FSAIABAD), Whole Life / UL Policy Riders & Add-ons (e.g., Waiver of Premium, Accidental Death, Child Term, LTC/Chronic Illness) (FSAIABAK)

Keywords

• Life insurance
• Retirement savings
• Borrower insurance
• Protection insurance
• Wealth management

Headquarters

HQ city

Nantes

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Life Insurance (Assurance-vie): Core revenue from life insurance products including unit-linked and euro-denominated funds. Revenue generated through premiums, management fees on assets under management, and surrender charges. Key products: KOREGE Essentiel 2, KOREGE Évolution Patrimoine Vie 2, KOREGE Stratégie Patrimoine Vie 2.
2. Capitalization Contracts: Capitalization products similar to life insurance with transfer-on-death capability, offering similar fee structures to life insurance products.
3. Pension/Retirement Products (Épargne Retraite): Retirement savings products including PER (Plan d'Épargne Retraite) offerings such as KOREGE Stratégie Retraite.
4. Borrower Insurance (Assurance Emprunteur): Credit protection insurance covering death, disability, and job loss risks. Distributed via KSE and KGE contracts managed by Kereis France.
5. Providence/Protection Insurance: Protection products including temporary death insurance, key person insurance (Homme Clé), and supplementary coverage options for individuals and businesses.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

KOREGE is a French insurance company that sells life insurance contracts (assurance-vie) including euro-denominated and unit-linked funds, capitalization contracts, individual retirement savings plans (PER), borrower insurance (assurance emprunteur) covering death/disability/job loss, and provident/protection products such as temporary death and key person (Homme Clé) coverage. Products are distributed through the Groupe Matmut mutualist network, a CCF banking partnership, and direct customer service channels to individuals and professionals across France.

Differentiator

Problem solved

Functional benefit

Brands

• KOREGE Essentiel 2: Insurance product contract
• KOREGE Évolution Patrimoine Vie 2
• KOREGE Évolution Patrimoine Capitalisation 2
• KOREGE Stratégie Patrimoine Vie 2
• KOREGE Stratégie Patrimoine Capitalisation 2
• KOREGE Stratégie Retraite
• HSBC Private Assurance 2
• HSBC Private Capitalisation 2
• KOREGE Solution Famille
• KOREGE Garanties Emprunteur
• KOREGE Solution Homme Clé
• KOREGE Solution Emprunteur (KSE)
• KOREGE Garanties Emprunteur (KGE)

Products and services

• KOREGE Essentiel 2 Life insurance contract distributed by KOREGE for individual savings and estate planning.
• KOREGE Évolution Patrimoine Vie 2 Life insurance contract (assurance-vie) with euro and unit-linked support for individual wealth management, recognized at the 2026 Oscars de l'assurance in the €1-5 billion encours category.
• KOREGE Évolution Patrimoine Capitalisation 2 Capitalization contract with transfer-on-death capability, similar to life insurance with comparable fee structures.
• KOREGE Stratégie Patrimoine Vie 2 Life insurance contract with euro and unit-linked support, awarded Prix du contrat d'assurance-vie 2026 in the 'Assureur - Bancassureur' category at the Oscars de l'assurance.
• KOREGE Stratégie Patrimoine Capitalisation 2 Capitalization contract complementary to KOREGE Stratégie Patrimoine Vie 2, offering transfer-on-death capability.
• KOREGE Stratégie Retraite Individual PER (Plan d'Épargne Retraite) retirement savings contract awarded Prix du PER 2026 in the 'assureur-bancassureur' category.
• KOREGE Solution Famille Death insurance contract (temporary death, large capital) for individual protection, awarded Prix du contrat d'assurance Décès 2026 and Label d'Excellence 2026 in prévoyance individuelle.
• KOREGE Solution Homme Clé Key person insurance contract for businesses and self-employed professionals covering loss of a critical employee or partner, awarded Label d'Excellence 2026 in the 'Homme Clé' category.
• KOREGE Solution Emprunteur (KSE) Individual borrower insurance solution covering death, disability, and job loss for mortgage and personal loan holders, managed through the Kereis France web portal.
• KOREGE Garanties Emprunteur (KGE) Group borrower insurance contract covering death, disability, and job loss, awarded Prix du contrat d'assurance emprunteur 2026 in the 'Contrat Groupe' category.

Quantifiable outcome

• 218% Solvency II capital coverage ratio, exceeding regulatory requirements by 118 percentage points
• +2 more outcomes

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

Three partnerships are on record, tiered core and minor.

• Groupe MatmutcoreStrategic or Co-development Partner · 1 November 2025100% ownership acquisition completed November 1, 2025, transforming HSBC Assurances Vie (France) into KOREGE, a wholly-owned Matmut subsidiary. KOREGE shares Matmut's values of performance, proximity, and commitment. The acquisition provides KOREGE with Matmut's distribution network and brand strength while maintaining its insurance expertise.
• CCF (Crédit Commercial de France)coreChannel Partner/ Reseller/ Distributor · 1 January 2024Distribution agreement signed in 2024 enabling CCF to distribute KOREGE insurance products through their banking network. Partnership continued post-Matmut acquisition, with KOREGE and CCF jointly sponsoring events like the Grand Prix de la Photographie Paris Match.
• Kereis FranceminorChannel Partner/ Reseller/ DistributorKereis France manages KSE (KOREGE Solution Emprunteur) and KGE (KOREGE Garanties Emprunteur) contracts through their online portal. Also handles providence contract management from their Nantes office.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Natixis Assurances: Insurance arm of Natixis (Groupe BPCE), providing life insurance and retirement savings products distributed through partner banking networks. A close competitor in the French bancassurance space.
• BNP Paribas Cardif: Insurance arm of BNP Paribas, a leading European bancassurer offering life, retirement, and protection insurance. Direct competitor in distribution via partner banking networks and product positioning in the French market.
• SwissLife France: French subsidiary of Swiss Life, a leading life insurance specialist in France. Notably, Swiss Life was a co-founder of KOREGE's predecessor (Erisa joint venture in 1986), making it a historical peer with similar life and retirement insurance focus.
• Crédit Mutuel Arkéa: French mutualist banking and insurance group operating Suravenir (life insurance). Competes in distribution model and product philosophy with KOREGE, both being embedded in mutual banking networks.
• Crédit Agricole Assurances: Insurance arm of Crédit Agricole group, a major bancassurance peer. Distributes life insurance, retirement savings, and protection products through its banking network across France with comparable product architecture to KOREGE.
• Société Générale Insurance: Insurance subsidiary of Société Générale group providing life insurance, retirement savings, and borrower insurance products through its branch network. Bancassurance model and product mix closely mirror KOREGE's offering.
• CNP Assurances: France's largest life insurance carrier and a leading bancassurance group. CNP is a direct competitor in life insurance, retirement savings (PER), and borrower insurance products distributed through partner banks and own channels.
• BPCE Assurances: Insurance arm of Groupe BPCE (Banque Populaire, Caisse d'Epargne). Offers similar life insurance, retirement savings, and protection products distributed through its mutual banking network, making it a direct bancassurance competitor.

Broad incumbents

• Generali France: French subsidiary of Assicurazioni Generali, a major European insurer offering life insurance and retirement savings. Competes in the French life insurance market but as part of a global portfolio.
• AXA France: French arm of AXA Group, one of the largest insurers globally. Competes with KOREGE across life insurance, retirement savings, and protection products, but at much greater scale and as part of a broader P&C and asset management portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/korege

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 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 KOREGE