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
377 jobs Number of planned job creations
Announcement Date
17 March 2022
Employment effect (start)
17 March 2022
Foreseen end date
31 December 2022
Description
The Adelaide Group is specialised in insurance consulting, intermediation, distribution and services. It has announced the recruitment of 377 employees in France in 2022. New jobs will be created in its three subsidiaries: 180 new hires are planned for the corporate insurance broker Verlingue, 190 new positions are to be filled for Génération, the broker managing corporate health schemes, and 7 positions are to be created within Cocoon, the group's insurtech business. New positions are in sales, insurance technology, management platforms and customer relations, actuarial science, information systems and digital, and support functions (HR, accounting, etc.).
According to management, the group is accelerating its development ambitions in France after two consecutive years of strong growth (+8% in 2020). According to the group's HR director, the aim is to build an important, family-run and independent insurance brokerage group on a European scale.
Three former business expansions have been recorded in the ERM database for the group’s subsidiary Verlingue: 100 jobs in 2012 (Adelaide-2012-FR), 100 jobs in 2016 (Adelaide-2016-FR) and 100 jobs in 2017 (Adelaide-2017-FR).
Eurofound (2022), Adelaïde, Business expansion in France, factsheet number 106551, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106551.
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