Alan (company)

Alan (company)

Alan is a digital health insurance provider for companies and freelancers.

Founded in February 2016. Alan is the first licensed health insurance company in France since 1986.

Concept

Since January 1, 2016, the National Interprofessional Agreement (ANI) makes it mandatory for private sector employers to provide supplementary health insurance to all of their employees, and it must be at least 50% financed by the company.

Launched on February 10, 2016 by Jean-Charles Samuelian and Charles Gorintin, Alan is based on the complete digitalization of health insurance. Initially, Alan allows companies to sign up on the company’s website. Subsequently, employees are invited by the company: they can join Alan themselves and manage their account independently.

History

Before co-founding and becoming Alan’s CEO, Jean-Charles Samuelian created Expliseat and sold his shares in 2015. Before leading Alan's technical teams, Charles Gorintin was a data scientist at Facebook, Twitter and Instagram.

In October 2016, Alan announced its approval by the ACPR and entered the health insurance market. The company also announced a €12 million seed round, led by CNP Assurances, via Open CNP and Partech Ventures.

In February 2017, the startup company launched a service dedicated to freelancers.

In July 2017, Alan decided to expand its services by covering disability insurance for companies.

The end of the year is a particular time for insurance companies. Insured persons have until October 31 to terminate their contracts. Alan used this period to launch an advertising campaign in the corridors of the Parisian subway.

On April 10, 2018, Alan announced a €23 million ($28 million) Series A funding. led by Index Ventures. Other investors included investors from the seed round and Xavier Niel.

The company had about 20 employees in early 2018 and projects to have 70 employees by the end of 2018.

Market

Since Alan is officially recognised and approved as an independent insurance provider, it has positioned itself on a market where many other long-standing companies are already present, such as AXA or Allianz.

As of April 2018, Alan covers 850 business customers for a total of 7000 insured persons.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Alan funding round, April 2018
28,300,000
April 2018
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Adrian Chiles
September 9, 2020
the Guardian
The man who brought my Amazon package had already handled half a million jobs. He still seemed to be enjoying himself, writes Guardian columnist Adrian Chiles
June 2, 2020
Geekologie
This is a video of the hidden basement entrance constructed by an engineer for his home in Baltimore, Maryland. Some more info while I wish I had a cool, hidden anything in my house besides nudie mag stash.
Romain Dillet
April 20, 2020
TechCrunch
French startup Alan has raised a $54.4 million (€50 million) Series C funding round. Temasek is leading the round with existing investors (such as Index Ventures) also participating. Overall, Alan has raised $136 million (€125 million) over the past four years. Alan has built a health insurance product for the French market. The company first [...]
March 10, 2020
WebWire
FedEx Corp. (NYSE: FDX) announced that Alan Graf, executive vice president and chief financial officer, will retire effective December 31, 2020. Mike Lenz, corporate vice president and treasurer, has been named his successor. Graf, 66, joined FedEx in 1980 and became CFO of FedEx Express in 1991 and CFO of FedEx Corporation in 1998, where he has been responsible for all aspects of the corporation's global financial functions, including financial planning, treasury, tax, accounting and...
Steve Mirsky
February 12, 2020
Scientific American
Scientific American is the essential guide to the most awe-inspiring advances in science and technology, explaining how they change our understanding of the world and shape our lives.
January 27, 2020
WebWire
Goldman envisions himself in the realm of man's spiritual connection to the natural world. Through his personal journey in the mountains, the author vividly captures the essence of each stumbling block, every misfortune, victory and accomplishment that mankind must experience in a lifetime. The author has rendered the landscapes so exquisitely that they conjure the panorama of the Creator's majestic work, and capture every individual's desire to reach for the top of such astonishing height...
December 18, 2019
WebWire
With its vivid imagery, insightful symbolism, and piercing wit, Alan V. Goldman's masterwork engrosses readers with its portrayal of fundamental truths emerging from his experiences in the mountains. Specifically, the Book is a collection of 45 narrative-style poems that express the poet's most profound reflections about the meaning of life, and the nature of reality, that he accrued during his 30 years of climbing., , , , These poems capture universal truths as they progressively unfold speci...
November 1, 2019
WebWire
Alan R. Hall, a long-time theater critic, added his own contribution to modern Arthurian fiction with his debut novel, titled "The Naked Queen: A Tangential Arthurian Legend" (Xlibris; 2018)., , , , Arthurian enthusiasts and skeptics and western medievalists will get the chance to check out the historical fantasy novel's exhibit at the Miami Book Fair 2019 Street Fair on November 22-24, 2019 at Miami Dade College (Wolfson Campus) in Downtown Miami., , , , Founded in 1984 as "Books by the Bay,"...
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ViralNova.com
Photographer took 6 years and 720,000 photos to capture this award-winning photo of a bird
Romain Dillet
August 27, 2019
TechCrunch
French startup Alan announced new products, international expansion plans and a brand refresh at a press conference this morning. The company also announced plans to overhaul some of its tech stack to improve the overall user experience. Alan is a software-as-a-service startup that offers health insurance in France. The company wants to create a well-designed [...]
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