FFA assurance (ex FFSA): presentation, activities, contact

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Creation of the organization in 2016

The French Insurance Federation (FFA) gather it French Federation of Insurance Companies (FFSA) and the Group of mutual insurance companies (GEMA) within a single organization since 2016.

FFSA In 1937, the FFSA insurance was born in the form of a professional union. Its purpose was to represent the interests of insurance companies and federate technical groups from different branches.

It included:

• public limited companies;
• mutual insurance companies;
• and international branches offering insurance and reinsurance products.

EGG YOLK It was in 1964 that the GEMA is created. It is made up of 5 French mutuals: GMF, MAAF, MAIF, Macif, Matmut. Its vocation is to represent French mutuals to public authorities, local elected officials, and economic and social partners.

Today, the FFA brings together nearly 280 insurance and reinsurance companies which operate in France, i.e. more than 99% of the market.

The main missions of the FFA assurance

Among the main missions of the French Insurance Federation, we find :

• information to the public and the media;
• promotion of preventive actions;
• preservation of the entire economic and social field in relation to insurance activities;
• represent insurance with national and international public authorities, institutions and administrative or local authorities;
• provide a forum for consultation and analysis of financial, technical or legal issues;
• provide essential statistical data on the profession and the market;
• promote the place of insurance in the academic world and in training.

The FFA assurance is present on social networks

You can follow the news of the FFA insurance on its social networks, especially :

• on the Youtube channel of the FFA insurance, there are several videos such as the 1-year Emerging Risks Barometer 2020 or a presentation on Insurance and sustainable finance;
• sure twitter, where the FFA is quite present with more than 17,000 subscribers ;
• and finally on the account Linkedin of the FFA insurance, with over 47,000 subscribers. Several insurance-related topics are discussed, for example on insurance efforts to respect teleworking.

???? The activities of the FFA

The French Insurance Federation carries out several activities. There are mainly four of them.

Lobbying activity with the National Assembly

The French Federation of Insurance Companies (FFSA) historically registered as a representative ofinterests of its members in the French National Assembly and policy makers. In 2015, the Federation declared a total budget of 32 million euros of which 300,000 euros are linked to this representation activity with public authorities. Public funding is included in this budget, up to 32 000 euros.

Lobbying activity with the institutions of the European Union

The FFSA was registered in 2009 in the transparency register of interest representatives to the European Commission. This mission, managed by several collaborators, aims to represent the Federation’s own interests but also those of its adherent members with regard to European policies. In 2015, the budget allocated to this lobbying mission amounted to 900 000 euros.

A societal role with CORA

In 2008, the Insurance Orientation and Reflection Council (CORA) was launched by Bernard Spitz (President of the FFSA until 2016). The launch of CORA reflects the desire of insurance companies and mutuals to assume their societal role in public debates. Its vocation is toincrease exchanges between insurance players in France and civil society.

Concretely, the CORA has participated in many debates concerning:

University research with the University of Paris 1 Panthéon-Sorbonne

In 2016, a university research program called “Insurance and society: Historicity of knowledge and practice of interdisciplinarity“. This program was set up by the partnership agreement between the University of Paris 1 Panthéon-Sorbonne and the French Insurance Federation.

GOAL The objective is to analyze the long-term evolution of insurance during crises and societal changes in France and abroad.

The multi-year research program concluded between the University of Paris 1 Panthéon-Sorbonne and the FFA positions insurance at the heart of major academic debates and will shed new light on the place of this industry in society. Philippe Boutry, President of the University of Paris 1 Panthéon-Sorbonne until 2016, and Bernard Spitz, former President of the FFA

???? The organization of the French Insurance Federation (FFA)

Concerning I’organization of the FFA insurance, she is made of two main bodies, the decision-making body and the consultation body. It is also composed of a General Assembly, an Executive Council, a Presidency Committee, an Insurance Council and twelve standing committees.

Decision-making bodies

• The general Assembly, made up of all the members of the French Insurance Federation.
• The Presidency Committee, which brings together the President and the three Vice-Presidents of the French Insurance Federation.
• The Executive Council, composed of the President elected by the General Assembly for three years and 25 member companies.

The member companies of the Executive Council of the French Insurance Federation at 3 mars 2021 are :

• ACM Assurances
• AÉMA Group
• AREAS Damage
• AG2R LA MONDIALE
• ALLIANZ France
• Mutual Insurance for Motorcyclists
• AVIVA Insurance
• AXA France
• BNP PARIBAS CARDIF
• CNP Assurances
• Cove
• CREDIT AGRICOLE Insurance
• GENERALI France
• GROUPAMA
• MACSF Group
• PREVIOUS MACIF Group
• HSBC Life Insurance
• SORRY Assurances
• MAIF
• NATIXIS Insurance
• SCOR SE
• SMABTP
• SOCIETE GENERALE Assurances
• SWISS LIFE
• SWISS RE

Consultation bodies

• The Insurance Council brings together the managers of groups and companies that are members of the French Insurance Federation.
• Standing committees are made up of an ethics committee and eleven working committees.

The services of the FFA