Adelaïde Group’s 2023 Annual Results

5 April 2024

The Adelaïde Group announces 18% turnover growth for 2023

In 2023, the Adelaïde Group accelerated its development and maintained above-target performance levels

The Adelaïde Group achieved an aggregate turnover of €400 million in 2023, recording 18% growth compared with 2022. These results exceed the targets set and the Group’s strategic ambition of achieving turnover in excess of €400 million by the end of the IMPACT24 Plan.

Verlingue, the subsidiary specialising in corporate protection, headed since mid-2023 by Anne-Jacques de Dinechin, recorded an aggregate turnover of €285 million in 2023, up 19%, of which 50% was organic growth. Around 35% of its business is generated outside France on the back of its external growth strategy, which has led it to set up new businesses in Europe and more specifically in Italy, where it acquired a majority share in the Italian insurance broker Inser, and in the United Kingdom.

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