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Meilleurtaux broker acquires online insurer Active Assurances

2021-03-22T22:13:43.484Z


The Meilleurtaux financial services group, known in particular for its brokerage activities, has acquired the online insurer Active Assurances, its executive chairman announced on Monday in Les Echos . Read also: Best rate doubles in size in online savings “Until now, we were only present in auto and health insurance as a pure comparator. With this buyout, we will be able to sell, issue and oper


The Meilleurtaux financial services group, known in particular for its brokerage activities, has acquired the online insurer Active Assurances, its executive chairman announced on Monday in

Les Echos

.

Read also: Best rate doubles in size in online savings

“Until now, we were only present in auto and health insurance as a pure comparator.

With this buyout, we will be able to sell, issue and operate contract management on these businesses.

It's a new activity for the group, ”

explained Guillaume Autier.

The amount of the transaction was not disclosed but according to the business daily, the valuation of Active Assurances would be greater than 150 million euros.

This is the biggest acquisition for the group, which in 2017 bought the insurer Assurea, and earlier this month the broker specializing in savings Mes-Placements.fr.

"With this operation, our range of financial services is finally complete,"

assured Guillaume Autier in Les Echos.

Over 90 million visits

Meilleurtaux passed in October under the control of the American investment fund SilverLake, which took a majority stake for an amount between 700 and 800 million euros, according to a source familiar with the matter.

The group then claimed to have achieved a consolidated turnover of over 200 million euros in 2019, double its level in 2016. It also claimed to have recorded in 2019 more than 90 million visits to its websites and

" intermediated nearly 10 billion euros in mortgage loans ”

.

Source: lefigaro

All business articles on 2021-03-22

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