#France #Insurance Brokerage #Quimper #Adelaïde Group #European Expansion

Adelaïde Group Confirms Robust Business Expansion in 2025

The Adelaïde Group, a prominent player in the insurance brokerage sector, has showcased remarkable growth in 2025, validating the effectiveness of its business model. With aggregate revenues of €495 million, marking a 10% increase from the previous year, the company is reinforcing its position in the European market amidst ongoing geopolitical challenges.

Strong Performance Across Divisions

In the insurance brokerage and consulting sector, which includes notable firms like Verlingue and Angelus, the group reported a 9.5% surge in revenues, amounting to €344 million. The management division, branded as Génération, exhibited an equally impressive growth with a 10% increase, culminating in revenues of €134 million. Moreover, its distribution and underwriting segments—specifically Cocoon and Dune—witnessed remarkable developments, achieving €17 million in combined revenues and an astounding 20% growth.

One of the standout features of 2025 for the Adelaïde Group is its impressive customer satisfaction rate of 88% alongside a robust retention rate of 95%. Notably, 24% of the Group's total revenue was sourced from its international ventures, showcasing its strategic approach to global expansion.

Leadership Insights

Gilles Bénéplanc, the Deputy CEO of Adelaïde Group, remarked, "In a market that is still being affected by geopolitical tensions, our progress confirms the strength of our model and the confidence of our clients.” This statement underscores the group's adaptability and resilience in navigating through challenging market conditions.

Strategic Growth Initiatives

The Adelaïde Group's continuous growth trajectory has been bolstered by several strategic acquisitions and external growth initiatives. Key activities included:

• - The acquisition of EBCam in the UK by Verlingue,
• - Ongoing acquisitions of business portfolios and talents across Italy,
• - An increased stake in Angelus Courtage, and
• - The procurement of a minority stake in Antoma Courtage.

These initiatives have significantly enhanced the group's market presence, especially in the competitive insurance brokerage landscape, where Verlingue and Angelus remain ranked among France’s top 20 brokers. Notably, Verlingue itself reported a turnover of €323 million, reflecting a 3% increase, further solidifying its reputable position. The year marked notable leadership shifts with the introduction of Vincent Harel and recently, Nicolas Naftalski, aimed at enhancing the organizational structure.

Continued Organic Growth

Génération has showcased robust organic growth, achieving a turnover of €134 million—a 10% increase driven by the thriving individual and collective healthcare and life insurance markets. To facilitate this continued expansion, the group has been reinforcing its operational framework, including the launch of new facilities in France and Portugal.

The Cocoon division also performed admirably, achieving €14 million in turnover with 10% growth, largely due to the rising demand for individual health insurance options for clients migrating out of group schemes. In parallel, the Dune division marked remarkable progress with revenues escalating by 50%, totaling €3 million.

Commitment to European Objectives

The Adelaïde Group remains steadfast in its commitment to its strategic ambition outlined in the Better Future 28 plan. Benjamin Verlingue, Chairman and CEO, stated, "Our objective remains unchanged to build a leading and independent European group by leveraging the strength of our business model, the quality of our teams, and a structured, sustainable growth strategy.” Such commitment signals the group's determination to continue evolving and thriving in a competitive market landscape.

Conclusion

In conclusion, 2025 has proven to be a pivotal year for the Adelaïde Group as it successfully navigated through a complex business environment while reaffirming its operational strength and customer loyalty. As the group consolidates its European presence, it sets a formidable path for sustained growth in the future.