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 Activities Auxiliary To Financial Services And Insurance Activities Activities Auxiliary To Financial Services And Insurance Activities 66.22 - Activities Of Insurance Agents And Brokers
250 jobs Number of planned job creations
Announcement Date
25 June 2024
Employment effect (start)
25 June 2024
Foreseen end date
31 December 2024
Description
The Adelaide brokerage group, specialising in insurance advice, intermediation, distribution and services for 85 years, and which includes different subsidiaries (Verlingue, Generation and Coverlife), plans to recruit 250 people in 2024.
Adelaïde, which employs 2,500 people and will achieve sales of €400m by 2023, hopes to have 6 million people insured by 2028 (compared with 3.5 million today) and €6bn in negotiated premiums, double the amount recorded last year. The company plans to achieve this expansion by growing in France and abroad, investing in training, technological innovation and improve with an in-depth study of financial and extra-financial performance.
A former announcement was recorded in the ERM Database with 377 job creations in 2022 Adelaïde 2022 - FR.
Eurofound (2024), Adelaïde, Business expansion in France, factsheet number 201336, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201336.
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The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
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