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LSA Courtage

Employees
135
Contracts Managed
180,000
Status
Current
Country
France
Sector
Business Services
Entry
Jan-21
Fund
IK SC II

A leading online insurance broker focusing on Property and Casualty

Founded in 1970, LSA Courtage is headquartered in Rueil-Malmaison, France, and is a leading online insurance brokerage platform providing Property & Casualty (P&C) cover for individuals and small businesses in France. The Company specialises in automotive insurance products for non-standard risks, leveraging the prominence of its main brand Assurpeople.com and its fully digital customer experience. LSA covers the whole value chain of insurance products, including acquisition, subscription, contract and claim management through its proprietary IT platform.

In January 2021, IK Partners acquired a majority stake from BlackFin in a secondary transaction, alongside ISAI and CEO Bertrand Liber as minority shareholders.

What Attracted Us to the Business

  • Leading position as B2C and B2B online broker
  • Recognised reputation amongst leading insurers
  • Fully digital distribution model
  • Diversification into new P&C segments

Our Value Creation Strategy

We are working alongside management to:

  • Continue to develop organically into undeserved areas leveraging its digital model;
  • Strategically enter the wholesale brokerage segment, through offering decennial liability/civil insurance products for construction professionals; and
  • Explore opportunities to acquire selective insurance portfolios via buy-and-build strategies

“The LSA team and I are delighted to be partnering with IK.”

– Bertrand Liber, Chief Executive Officer

Investment Team

Arnaud Bosc

Partner
Paris

Pierre Gallix

Managing Partner, Head of Development Capital
Paris