Founded in 2006 and chaired by Daniel Derderian, the Axelliance Group is a commercial insurance brokerage firm specializing in the design, distribution and management of insurance solutions and services for business professionals throughout France. A multi-specialist in the field of commercial insurance, the Group currently has a staff of more than 65 employees who work out of Lyon, Paris and Bordeaux.

After CM CIC Développement became a capital stakeholder in October 2010, and following the successful acquisition of SART Assurances and the Solyas Group in April and September of 2011, respectively, the Axelliance Group is pursuing its business growth strategy with an investment from Turenne Capital, an independent asset management firm with AMF approval, specializing for more than a decade in providing growth capital to expanding businesses.

The addition of this new investor enables the Axelliance Group to increase equity and thereby pursue the sustained external growth strategy that has already led to the acquisition of eight specialized structures in five years.

With annual revenue of €15 million, more than €130 million in premiums collected and growth of more than 47% in 2011, the Axelliance Group – which already ranks among the top 20 insurance brokers in the French market – seeks to double in size by 2015 and become one of the top 10 insurance brokerage firms in France.