Type
Business expansion
Country
France
Region
Sud-Ouest; Midi-Pyrénées; Haute-Garonne
Location of affected unit(s)
Balma
Sector
Financial Services
Financial And Insurance Activities
Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security
65.12 - Non-life insurance

150 jobs
Number of planned job creations
Job creation
Announcement Date
12 May 2019
Employment effect (start)
1 January 2019
Foreseen end date
31 December 2019

Description

The French regional insurance company Groupama d'Oc has announced to recruit 200 employees in 2019, including 50 recruited on work-study contracts. Groupama d'Oc, which belongs to the insurance group Groupama, has 1,700 employees serving 483,000 customers. Groupama d'Oc grew by 2.2% last year, with sales of €703 million. Growth was particularly strong in the automotive sector and in personal insurance (+20% in group insurance and +10% in 'life accident' coverage). In 2019, Groupama d'Oc wants to continue its growth and focus its efforts on quality of service. Groupama d'Oc is also due to implement a new business project in the autumn.


Sources

Citation

Eurofound (2019), Groupama d'Oc, Business expansion in France, factsheet number 97738, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97738.