Frequently asked questions

On this page you can find answers to the most frequently asked questions about Covéa. It is updated regularly.

Learn more about Covéa

What is Covéa?

We are a leading name in property and casualty insurance in Europe, with 24,000 employees and well known, complementary brands: MAAF, MMA, GMF and PartnerRe.

About Covéa

Our brands and activities

Our financial information

What sector does the Covéa Group operate in?

Motor insurance, home insurance, complementary health insurance, protection insurance, savings, pensions, reinsurance, and more... We cover all areas of the insurance market.

Our expertise also extends to assistance, asset management (finance and real estate), legal protection and affinity insurance partners.

Our activities

Our brands

Our specialised companies

What are the Covéa Group’s brands?

Our brands MAAF, MMA, GMF and PartnerRe are well known, complementary brands that make Covéa a leading name in Europe in property and casualty insurance:

  • MAAF: historically the insurer for skilled tradespersons, MAAF now covers all markets and all areas of insurance.
  • MMA: the No. 2 insurer for professionals and businesses, MMA is also present in the personal insurance market and offers a wide range of insurance products.
  • GMF: founded in 1934 by civil servants for civil servants, GMF is the leading insurer for public sector workers.
  • PartnerRe: a leading name in reinsurance, PartnerRe has a strong presence in North America, Europe and the Asia-Pacific region.

Our activities

Our specialised companies

Our history

Where does the Covéa Group operate?

Our head office is in Paris. Our brands MAAF, MMA and GMF form a network of more than 2,400 agencies covering all of France.

We are also present outside France via our brand PartnerRe, which is based in Bermuda and highly active in North America, Europe and the Asia-Pacific region, as well as our subsidiary Covéa Insurance in the United Kingdom.

Our brands

Our international presence

Our history

How much revenue does Covéa make?

In 2021, Covéa generated revenue of €19.1 billion, including €2 billion outside France. Within the insurance sector, we talk about earned premiums rather than revenue.

Our indicators and key figures

Our rating

Our governance

Who is in charge of Covéa?

Covéa is a mutual insurance group company or SGAM (Société de Groupe d'Assurance Mutuelle) with a Board of Directors that sets out the Group’s strategic direction and oversees its implementation.

Appointed by the Board of Directors, the Chief Executive Officer and the Chief Corporate Officers hold the broadest powers to act in all circumstances on behalf of Covéa and represent the Group in its dealings with third parties.

The Chief Executive Officer is also assisted by the Group Management Committee, an operational body with no decision-making powers, which debates strategic and financial matters.

Our governance

Our strategy

Our financial information

What is a SGAM?

Société de Groupe d’Assurance Mutuelle (SGAM) is a legal status under French law introduced in 2001, allowing mutual insurance companies, institutions or prudential unions and mutual insurers or unions of mutual insurers to come together and establish financial solidarity, while also maintaining their independence, brand name and commercial network.

Our governance

Our values

Our brands and activities

What is Covéa SGAM?

Covéa SGAM, the first French mutual insurance group company or SGAM to be created in France, is the Covéa Group’s parent company.

It exercises dominant influence, coordinating the decisions made (including in financial affairs) by its affiliates and possessing control powers.

It establishes and maintains strong and lasting financial relationships with its affiliated entities.

The nine mutual insurance entities that are affiliated with Covéa SGAM are divided into the following four families.

  • MMA: MMA IARD Assurances Mutuelles, MMA Vie Assurances Mutuelles, Le Finistère Assurance, SMI;
  • MAAF: MAAF Assurances, MAAF Santé, APGIS;
  • AM: Assurances Mutuelles de France;
  • GMF: La Garantie Mutuelle des Fonctionnaires.

Our governance

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Our brands and activities

 

Our responsibility towards society

What is Covéa’s "raison d’être"?

Controlling risk and protecting property and people are central to what we do.

We do all we can to offer innovative insurance solutions that reflect new user habits and are accessible to as many people as possible.

We are aware of our impact on society and have also set out our CSR commitment formally in the form of an action plan covering five areas selected to reflect our role as a mutual insurance company: equal opportunity, knowledge, local markets, prevention and environment.

Our values

Our CSR commitment

Our brands and activities

How is responsible business practice put in place at Covéa?

 

Covéa ethics charter establishes the framework and rules of conduct shared by all Group employees and our corporate officers (directors, managers).

This attention to business ethics is also demonstrated by the existence of anticorruption procedures based on a number of measures, including:

  • An anticorruption code of conduct, appended to the internal regulations, setting out the rules to be observed, particularly in our relationships with third parties;
  • Training programs on combating corruption dedicated to our employees;
  • An internal whistleblowing platform to report violations of the anticorruption code of conduct confidentially.

Our governance

Our values

Our CSR commitment

What are the main causes championed by Covéa in its CSR policy?

Covéa seeks to guide everyone towards a world of sustainable growth and we strive to have an impact on society that is more significant, more inclusive and more concrete.

This ambition is set out in the form of an action plan covering five areas selected to reflect our role as a mutual insurance company: equal opportunity, knowledge, local markets, prevention and environment.

As a civic-minded company, we also make a point of complying with current regulations, giving preference when making purchases and investments to partners who respect our values and choices in terms of social commitment, and listening to all our stakeholders.

Our CSR commitment

Our values

Our history

Work at Covéa

How to join Covéa and its brands?

You can find online all job vacancies for Covéa Group as well as for its brands MAAF, MMA, GMF and PartnerRe, its assistance company Fidélia Assistance and its asset portfolio management company Covéa Finance:

Access to the Group job offers

Access to MAAF job offers

Access to MMA job offers

Access to GMF job offers

Access to PartnerRe job offers

Access to Fidélia Assistance job offers

Access to Covéa Finance job offers

How many people work for Covéa?

Covéa has 24,000 employees in France and worldwide.

Our HR policy

Our jobs

Our brands and activities

What jobs can you do at the Covéa Group?

The Covéa Group is a European leading property and casualty insurance provider, with four well-known brands: MAAF, MMA, GMF and PartnerRe.

Our activities span more than 90 jobs, including customer relations, IT, data, finance, actuarial risk, marketing and more.

We plan to recruit an average of more than 3,000 people from outside the group each year, offering numerous job opportunities across France.

Our HR policy

Our jobs

Our brands and activities

Do you need to know about insurance to apply for a job at Covéa?

We are a leading name in property and casualty insurance in Europe, but our activities span more than 90 jobs, including customer relations, IT, data, finance, actuarial risk, marketing and more.

The recruitment process therefore looks more at how well your background and expertise fit the job rather than how much you know about the insurance industry.

We offer our employees training courses in a variety of forms that will enable you to develop your understanding of the insurance market.

In 2021, a total of 94.6% Covéa employees accessed training.

Our HR policy

Our jobs

Our brands and activities

About this website

What does Covéa do to ensure that its website is accessible?

Covéa is committed to making its website accessible, in accordance with Article 47 of French law 2005-102 of 11 February 2005. This is done by implementing the strategy and measures set out in Covéa’s multiyear digital accessibility plan.

This accessibility statement applies to Covéa’s corporate website, which complies partially with RGAA 4.0 level Double-A (AA).

The compliance audit by Ipedis shows that 95.00% of RGAA 4.0 level Double-A (AA) criteria are met.

Our accessibility statement

Cookie management

Our CSR commitment

How do you manage my personal data on the Covéa website?

If you accept cookies when connecting to the website, Covéa collects information relating to your internet browsing.

Your personal data are used by the Covéa Group in its capacity as data controller to compile statistics. Your data is kept only for the time needed for the purposes for which they were collected and in accordance with applicable regulations.

You have the right to access, oppose, amend, delete and limit your personal data.

Cookie management

Our accessibility statement

Our CSR commitment