Ascentiel Groupe

Insurance Brokerage

  • Sector Financial Services
  • Ownership Majority
  • Date of acquisition 12/2024

Ascentiel Groupe is a leading digital insurance brokerage platform specializing in Property & Casualty (P&C) insurance for individuals and small businesses across various specialty niches. Established in 1970, the company has built a robust reputation in motor insurance, focusing on near-to-sub-standard risks. In recent years, Ascentiel has diversified into pet insurance, inherent defect insurance for construction professionals, and expanded its geographic footprint into Spain and Portugal. With a fully digital customer experience, Ascentiel manages over 220,000 contracts in partnership with top insurers in France. The company employs over 180 people across its headquarters in Rueil-Malmaison and offices in Aix-en-Provence and Madrid.

Seamless Digital Insurance Solutions and Customer Experience

Having developed significant expertise in the field of car insurance, Ascentiel mainly focuses on near-to-sub-standard motor insurance risks, leveraging the prominence of its flagship brand Assurpeople.com. The platform covers the entire insurance distribution cycle, from product co-development with insurers to underwriting or contract and claim management.

Diversification into New Segments and Markets

Next to its motor insurance, Ascentiel entered new specialty P&C segments. The launch of Airbag, a wholesale brokerage platform specializing in inherent defect insurance, marked its entry into the construction insurance for professionals. Similarly, the acquisition of Atara in 2022 strengthened its position in the pet insurance sector. In addition to diversifying its offerings, Ascentiel has extended its geographic reach with the acquisition of NIBW in 2024 which facilitated the Group’s expansion into Spain and Portugal, further solidifying its presence in the European market.