The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65.12 - Non-life insurance
290 jobs Number of planned job creations
Announcement Date
19 April 2021
Employment effect (start)
20 April 2021
Foreseen end date
31 December 2021
Description
Alan, the French creator of dematerialised complementary health insurance, has announced a new round of financing of €185 million to ensure its development and the recruitment of 400 people in Europe: 290 in France and 110 in Belgium and Spain.
The company offers a simplified and modernised circuit in order to provide the user with a completely digital offer. Its offer is aimed at SMEs and self-employed workers, but Alan has just signed two new contracts with companies with more than 5,000 employees. The company claims 155,000 policyholders from 9,400 French, Spanish and Belgian companies and has set the target of one million policyholders by 2023. It has reached €100 million in annualised revenue after a growth of more than 100% in 2020.
Founded in 2016, Alan is a digital health insurance platform that offers insurance services by focusing on a price-quality ratio health plan. Currently, the company employs 350 people, 40 of whom work abroad.
Eurofound (2021), Alan, Business expansion in France, factsheet number 105030, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105030.
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