Macif
French insurance company
From Wikipedia, the free encyclopedia
MACIF (Mutuelle assurance des commerçants et industriels de France et des cadres et des salariés de l'industrie et du commerce) is a French mutual insurance company. It was founded in 1960 in Niort.
It is a member of Euresa, an international "business club" of mutual and cooperative insurance groups.[1]
History
Macif, the Mutual Insurance Company for Traders and Industrialists of France, as well as Executives and Employees in Industry and Commerce, was founded on April 30, 1960, as a mutual insurance company.[2]
In 1968, Socram Banque was founded by several property and casualty insurance mutuals to distribute auto loans.[3]
In the 1970s, MACIF was among the first insurers to offer policies for pleasure boats.[4]
In 1979, MACIF partnered with several mutual insurance companies to create Mutavie, a service offering savings and retirement products.[5]
In 1981, Inter Mutuelles Assistance (IMA) was created.[6]
In 1993, the Macif Foundation was created under the initiative of Jean Simonnet. It was one of the first corporate foundations in France.[7]
In 1997, Macif Gestion, which manages the group's investment activities, particularly its socially responsible funds, was created.[8] The entity was struck off (or dissolved) on July 23, 2014.[9] When its founder Jacques Vandier (1927–2020) retired in 1997 he asserted that it was the largest mutual motor insurance company in France: "Je suis parti de zéro. Avec quelques autres, j'ai fait de la Macif la première mutuelle d'assurances automobile en France." ("I started from zero. With a few others, I made Macif the first mutual car insurance company in France").[10]
In 2005, Macif, Maif, and the Caisse d'Épargne group entered into a partnership.[11]
In 2010, the mutual insurer launched its banking activity: Socram Banque.[12]
In June 2011, the mutual adopted a new group governance charter in Clermont-Ferrand.[13]
In 2014, Matmut and Macif created the joint entity Inter Mutuelles Entreprises, specializing in corporate risk management.[14] In 2016, Macif and Matmut announced the end of discussions to form a single group.[15]
In January 2021, Macif and Aésio announced the creation of Aéma Groupe, an entity born out of the merger between the two mutual insurers.[16]
In 2023, Macif acquired Mondial Pare-brise.[17]
In 2025, Macif announced the creation of its reinsurance company, M Réassurance, registered in Luxembourg.[18]
Sponsoring
Macif is participating in the Transat Café l’Or with its boat, Macif Santé Prévoyance.[19][20]
