Insurance

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Covéa

Covéa was established in 2003 by Thierry Derez. It functions as a mutual insurance group formed from the merger of GMF, MAAF and MMA. The firm pursues growth...

Covéa logo

Covéa

Covéa was established in 2003 by Thierry Derez. It functions as a mutual insurance group formed from the merger of GMF, MAAF and MMA. The firm pursues growth capital deployment. Confirmed holdings include multiple commercial assets in Paris such as 14 Boulevard Haussmann and 18 Boulevard de Bonne Nouvelle. It completed acquisitions of Bipiemme Vita and PartnerRe from Exor N.V. Maud Petit serves as CEO from July 2025. The organization maintains Fondation Covéa as its philanthropic vehicle. July 2025 marked the leadership transition to Petit alongside the existing board structure led by Thierry Derez.

General information

Firm type

Insurance

Year founded

2003

AUM

Undisclosed

Location

Region

Europe

Country

France

City

Paris

Corporate office

Paris, France

Principals

Thierry Derez

Chair of the Board of Directors

Maud Petit

CEO

Michel Gougnard

Vice-Chairman of the Board of Directors

Sector focus

Insurance

Frequently asked questions

Who runs investment decisions at Covéa?

Thierry Derez chairs the board and previously served as CEO. Maud Petit holds the CEO role from July 2025.

What is Covéa's ownership structure?

Covéa operates as a mutual insurance group under the SGAM legal framework.

Does Covéa maintain real estate investments?

Yes. The firm holds multiple commercial properties in Paris including 14 Boulevard Haussmann and Galerie Royale.

Which acquisitions has Covéa completed?

Covéa acquired Bipiemme Vita and PartnerRe.

What philanthropic structures does Covéa maintain?

Covéa operates Fondation Covéa as its dedicated philanthropic vehicle.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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