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Groupama Insurances is one of the UKs leading general insurers and a wholly owned subsidiary of one of Europes most powerful financial groups. The UK group currently insures over one-million individuals, together with a growing number of the countrys businesses. Their group medical insurance offers good cover at competitive and stable premiums. Groupama Healthcare is the branch of the Groupama brand name specialising in private medical insurance. Groupama Healthcare is the UKs eighth largest Private Medical Insurer.
Groupama says of its current operation in the United Kingdom
"As a true mutual, Groupama is not listed on any stock exchange and is therefore not subject to the same volatility and financial pressures as public companies
Our parent group is one of Europes premier mutuals. It has traditions of insurance dating back to 1834 and assets under management of 88 billion euros
All of the Groups profits are reinvested in the business for the ultimate benefit of its members and customers
In 2009, Groupama generated revenues of over 14.5 billion euros and profits of 489 million euros. In addition to the UK, Groupama is also a significant player in a growing number of European countries
Groupama Insurances is part of one of Europes leading financial groups and has a claims paying ability rating of A from Fitch Ratings and A-(Stable) from Standard and Poors"
Groupama is established internationally, mainly in Europe (Spain, Portugal, Great Britain, Italy, Hungary, Greece, Romania and Turkey) and in Asia (China, Vietnam). The Groupama brand in its totality currently has sixteen-million members and customers and 38,500 employees.
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