Press release Paris, September 6, 2022
#Fusacq #Acquisition #InsurTech #Assurance # Tech #Courtage #Immobilier
Accelerating an ambitious symbiotic project
This new equity investment in Digital Insure, encouraged by the sharing of resolutely human values, is the natural next step in the adventure begun two years ago with the merger of Odealim and the insurtech member of FrenchTech 120 since January 2020. With this move, the two players crystallize their shared desire to pool and increase their resources, expertise and partner networks, to the benefit of the growth of the Odealim group’s various entities.
Odealim’s takeover of Digital Insure offers a unique opportunity to extend synergies – which are already considerable – by capitalizing on the insurtech company’s know-how in loan insurance and personal protection (technology, distribution and business expertise, able to offer a 100% online experience), as well as the distribution network of Odealim and its subsidiaries, such as that of Artemis courtage, which already markets the Digital Insure offer, and the resources provided by Ardian and TA Associates.
Consolidated governance
Christophe Grouas, a member of Odealim’s Management Board, will now take up the position of Managing Director of Digital Insure, supported by Ludovic Magnin as Deputy Managing Director.
For almost 10 years, Digital Insure’s founders have been tirelessly driving the company’s growth and development. Today, they wish to hand over the reins and play a valuable role alongside the new General Management team. Jean Orgonasi and Fabrice Couturier, co-founders of Digital Insure with Richard Thibault, remain involved, and have been entrusted with strategic missions in revenue optimization, innovation and support.
Richard Thibault will extend his scope of involvement by joining Odealim’s Executive Committee and taking over as head of IT, grouping together the eponymous divisions of Odealim and its historic subsidiaries, Digital Insure and Artémis courtage.
“We are convinced that the vision and ambition that have driven us for 10 years are in perfect harmony with the management team of Odealim, a dynamic and solid player in a complementary market. It’s a fantastic opportunity to help Digital Insure and its teams grow, and to strengthen Digital Insure’s central position in the loan insurance market. Our commitment remains unchanged: we want to put our our expertise and experience to support development projects and accelerate the search for innovations for Digital Insure”, say Jean Orgonasi, Fabrice Couturier and Richard Thibault, co-founders of Digital Insure.
“After two years of close collaboration, this acquisition is an obvious choice. Our initial sales successes, the synergies with our teams, the complementary nature of our networks and offerings, and the joint projects that drive us all, underpin our development strategy around the real estate vertical. As a technological leader and technical expert in insurance in its market, Digital Insure will enable the group to transform and accelerate its interfaces, and more generally all its IT”, adds Xavier Saubestre, Chairman of Odealim.
ABOUT DIGITAL INSURE
Founded in 2013, Digital Insure is a resolutely “Tech” brokerage player, specializing in loan insurance and personal protection. Its 100% digital pathways simplify and accelerate every stage, from comparing offers to underwriting to claims management for all players in the BtoB and BtoBtoC personal insurance markets. A member of French Tech 120, Digital Insure is also ranked 1st Insurtech in the Frenchweb 500 ranking for the 2nd year running.
www.digital-insure.fr
ABOUT ODEALIM
Created through the merger of several regional insurance brokers operating in the real estate market, Odealim has become the leading specialist in real estate insurance and financing in the French market. Thanks to its local presence and powerful network of partner insurers and banks, Odealim is able to guarantee its customers, both professionals and private individuals, real local support and tailor-made solutions.
www.odealim.com
Press contacts
Agence EPOKA for Odealim
Nicolas Crépin ncrepin@epoka.fr 06 52 32 10 11
Kodiac Consulting for Digital Insure
Brigitte Michaut Brigitte.michaut@kodiac.fr 06 19 66 38 54
