Interassurances

Interassurances is a French insurance company specializing in tailored insurance solutions for private individuals and real estate professionals, offering products that mitigate risks associated with property ownership. Founded in 2007 and headquartered in Paris, France, Interassurances provides insurance solutions targeting landlords and real estate professionals. The company was acquired by Groupe Odealim, a portfolio company of Eurazeo PME, in January 2017. It has completed a single deal up to this point, with the most recent deal occurring on January 17, 2017.

Interassurances specializes in providing a comprehensive range of insurance products tailored for both private individuals and professionals in the real estate sector. The company's core offerings include Guaranteed Rent Insurance (GLI), Non-Owner Occupant Insurance (PNO), Multi-Risk Home Insurance (MRH), and Legal Protection Insurance (PJ). These products are designed to address the risks faced by landlords, such as non-payment of rent and property damage, thereby ensuring financial security for property owners. The GLI, for example, guarantees landlords 100% coverage for unpaid rents at a competitive rate of 2.

75% of the total rent, including charges. Interassurances serves a diverse client base, including over 70,000 insured housing units, and offers its products primarily in the French market, catering specifically to landlords, real estate professionals, and individual tenants seeking rental guarantees. Interassurances generates revenue through a structured transaction model that includes direct sales to clients, particularly in the real estate sector. Customers, such as landlords and property management professionals, enter into insurance agreements that typically involve monthly or annual premium payments based on the selected insurance products.

For instance, the flagship Guaranteed Rent Insurance requires clients to pay a percentage of the rent, ensuring they receive full compensation in the event of tenant default. The company also collaborates with partners like Cautioneo, enhancing its service offerings while maintaining a focus on digital solutions for tenant certification and claims management. This transactional framework underscores the company's commitment to providing reliable and accessible insurance protection to its extensive client base. Interassurances is focused on expanding its product offerings to better serve its clients, with new insurance solutions currently under development, although specific release dates have not been disclosed.

The company is also exploring opportunities to enter new markets beyond France, aiming for expansion into other European regions by 2025. Recent funding from the acquisition by Groupe Odealim will be utilized to support these initiatives, enhancing the company's capabilities to meet the evolving needs of clients in the real estate sector.