{"id":5351,"date":"2022-04-20T14:43:14","date_gmt":"2022-04-20T13:43:14","guid":{"rendered":"https:\/\/www.adelaidegroup.fr\/?p=5351"},"modified":"2022-04-21T13:12:56","modified_gmt":"2022-04-21T12:12:56","slug":"the-adelaide-insurance-brokerage-group-announces-a-turnover-growth-exceeding-10-in-2021-and-its-ambition-to-expand-in-the-individual-market","status":"publish","type":"post","link":"https:\/\/www.adelaidegroup.fr\/en\/the-adelaide-insurance-brokerage-group-announces-a-turnover-growth-exceeding-10-in-2021-and-its-ambition-to-expand-in-the-individual-market\/","title":{"rendered":"The Adela\u00efde insurance brokerage group announces a turnover growth of over 10% in 2021 and its ambition to expand in the personal lines market"},"content":{"rendered":"<p>Jacques Verlingue, Chairman, and Gilles Beneplanc, Managing Director of the Adela\u00efde Group, presented the group&#8217;s 2021 results this morning and highlights include:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\u2022 2021 turnover of \u20ac301.6 million, i.e. an increase of 11%, ahead of the objectives of the &#8220;IMPACT 24&#8221; strategic plan<\/li>\n<li>\u2022 Consolidation of Verlingue&#8217;s international activities<\/li>\n<li>\u2022 Sustained organic growth of G\u00e9n\u00e9ration<\/li>\n<li>\u2022 Restructuring of Cocoon&#8217;s product offering<\/li>\n<li>\u2022 Strategic acquisition of a stake in the new wholesaler Zenioo, with the aim of developing a fourth business line in the personal lines market<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h4><span style=\"color: #636569;\"><strong>Exceeding objectives in 2021<\/strong><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>At the end of two unique years, the Adela\u00efde Group, and all of its constituent companies (Verlingue, G\u00e9n\u00e9ration and Cocoon), reports results that reflect its growth, its solidity and its international expansion.<\/p>\n<p><em>&#8220;In a turbulent environment due to crises and an ambiguous and complex insurance market, our teams have been able to increase their level of expertise and respond quickly to our customers to provide them with relevant risk management solutions,&#8221;<\/em> says Jacques Verlingue, Chairman of the Adela\u00efde Group.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Verlingue<\/strong>, the business insurance broker, achieved a turnover of <strong>\u20ac211.6 million<\/strong> (+11.9% vs 2020). In 2021, Verlingue consolidated its international presence with the integration of the Portuguese broker Luso Atlantica, which was rebranded Verlingue Portugal this year. <strong>International business now accounts for <\/strong><strong>27% of turnover<\/strong>, up four percentage points on 2020.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>G\u00e9n\u00e9ration<\/strong>the company health and life insurance schemes broker, had a year of strong growth with turnover soaring by <strong>+11.6% to \u20ac75.6 million<\/strong>. G\u00e9n\u00e9ration recently published its first Healthcare Survey, which is based on the consumption of healthcare costs by its 2.1 million policyholders, enabling its partners and their HRD customers to analyse developments in employee social protection programmes in France.<\/p>\n<p>At the same time, <strong>G\u00e9n\u00e9ration<\/strong> launched the <strong>development of a broker management offer<\/strong> for health and life insurance schemes for the <strong>personal lines market.<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>Lastly, <strong>Cocoon<\/strong> (formerly Coverlife), the Group&#8217;s insurtech, underwent a radical transformation in 2021, following the overhaul of its information system with the launch of three new digital personal insurance offers for the personal lines market, while keeping its turnover stable at <strong>\u20ac14.4 million<\/strong>.<\/p>\n<p>Overall,<strong> the Adela\u00efde Group<\/strong> achieved a combined turnover of<strong> \u20ac301.6 million<\/strong>, up <strong>by 11% compared to 2020<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<h4><span style=\"color: #636569;\"><strong>Consolidating the IMPACT24 strategic ambition<\/strong><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p><em>&#8220;<\/em><em>&#8220;In tandem with the development of its core business, 2021 marks a strategic turning point for the Adela\u00efde Group with the acquisition of a stake in the neo-broker wholesaler Zenioo and the ambition to create a 4th branch of activity dedicated to the personal lines market,&#8221;<\/em> says Jacques Verlingue, Chairman of the Adela\u00efde Group.<\/p>\n<p>&nbsp;<\/p>\n<p>Outlook for 2022:<\/p>\n<ul>\n<li>\u2022 Developing a 4th business line of wholesale brokers dedicated to the personal lines market<\/li>\n<li>\u2022 Reaffirming the ambition for acquisitions in Europe<\/li>\n<li>\u2022 Continuing the digital transformation<\/li>\n<li>\u2022 Creating the &#8220;Adela\u00efde Leaders Program&#8221;.<\/li>\n<\/ul>\n<p>To support its development ambitions as part of its IMPACT24 strategic plan, the Group unveiled its recruitment policy for 2022 last March, with a firm target of <strong>more than 377 new recruits in France<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><u>Press contacts<\/u><\/strong><br \/>\nThomas Barbelet \u2013 <a href=\"mailto:Thomas.barbelet@verlingue.fr\">Thomas.barbelet@verlingue.fr <\/a>\u2013 +33 (0)6 72 75 49 14<\/p>\n<p>L\u00e9na Youinou \u2013 <a href=\"mailto:lena.youinou@verlingue.fr\">lena.youinou@verlingue.fr <\/a>\u2013 +33 (0)6 43 44 82 91<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jacques Verlingue, Chairman, and Gilles Beneplanc, Managing Director of the Adela\u00efde Group, presented the group&#8217;s 2021 results this morning and highlights include: &nbsp; \u2022 2021 turnover of \u20ac301.6 million, i.e. an increase of 11%, ahead of the objectives of the &#8220;IMPACT 24&#8221; strategic plan \u2022 Consolidation of Verlingue&#8217;s international activities \u2022 Sustained organic growth of [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":5356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84],"tags":[],"class_list":["post-5351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-adelaide-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - 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