EMCC European Monitoring Centre on Change

Alan

Company/Organisation:
Alan

Geographic Location

Country: France
Region: Paris; île de France
Location of affected unit(s): Paris

Company

Sector: Financial services
Financial and insurance activities
65.12 - Non-life insurance
Number Employed: 310

Employment Effects

Announcement Date: 19-04-2021
Type of Restructuring: Business expansion
Employment Effect Start: 20-04-2021
Foreseen End Date: 31-12-2021
Planned Job Creation: 290

Additional Information

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.

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