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French insurance group From Wikipedia, the free encyclopedia
Groupama an abbreviation for Groupe des Assurances Mutuelles Agricoles (English: Group of Mutual Agricultural Insurances) is a French insurance group headquartered in Paris with operations in 10 countries.[1]
| |
| Company type | Mutual organization |
|---|---|
| Industry | Insurance, Financial services |
| Founded | 1986 |
| Headquarters | Paris, France |
| Revenue | $ 15B |
454,000,000 Euro (2022)  | |
Number of employees | 31,600 (2020) |
| Subsidiaries | Groupama and Gan |
| Website | www.groupama.com |
It is listed in the 2007 ICA Global 300 list of mutuals and co-operatives, ranked 6th by 2005 turnover, making it the 2nd largest mutual insurer in the world.[2]
The predecessor of Groupama was founded in the 19th century by a group of farmers to address their own specific insurance needs. It was set up as a mutual organisation and focused on agricultural as well as individuals, professionals, local authorities and businesses.
History:
Groupama is present in 10 countries, mainly in Europe (France, Croatia, Italy, Hungary, Romania, Greece, Bulgaria, Slovakia), in Tunisia and in China.
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