Our History

1859 - 1959 : the invention of a profession, “mutual insurer”

1859
1859

The Trade Union Chamber of Masonry Contractors of Paris and the Seine creates the Mutual Insurance Company against accidents at work and bodily injury occurring during the performance of work.

1899
1899

The mutual insurance company changes its name to Société mutuelle d’assurance des chambres syndicales du Bâtiment et des Travaux Publics (Mutual Insurance Company of the Building and Public Works Trade Unions) to focus on third-party liability insurance for masonry companies.

1923
1923

The first ten-year insurance contract by subscription is created by the Mutuelle, with coverage extended to civil liability after completion of the work.

1933
1933

The Mutual Insurance Company offers its members new coverage for risks that may affect them personally: creation of the Mutual Insurance Company for Life Insurance in the Building and Public Works Sector (later SMAvie).

1940 - 1990 : building an ambitious project

1949
1949

The Mutual Insurance Company actively participates, in conjunction with the building and public works federations, in the creation of the National Pension Fund for Building and Public Works Contractors.

1973
1973

The mutual insurance company becomes SMABTP.

1980
1980

Creation of SOCABAT, a consulting and assistance company for construction insurance and regional advisory committees, which act as a link between companies and SMABTP.

1981
1981

Acquisition of the Château Cantemerle vineyard.

1989
1989

Acquisition of ASEFA, a Spanish insurance company founded in 1972 by a group of entrepreneurs.

1991 - present : the power of a mutualist spirit

1993
1993

Creation of SAGEBAT, positioned in the brokerage market, which became SMA Courtage in 2014.

1994
1994

Creation of the EXCELLENCE SMA Foundation to promote prevention and quality in construction.

1998
1998

Creation of a subsidiary for managing the Group's assets, named SMA Gestion.

2007
2007

SGAM btp, a mutual insurance group for the construction and public works sector, is created by SMABTP, l’Auxiliaire and CAM btp. They are joined in 2010 by l’Auxiliaire Vie and SMAvie.

2011
2011

Acquisition of Imperio Assurance, a French subsidiary specializing in personal insurance, and Victoria International, a Portuguese insurer.

2014
2014

Taking advantage of opportunities in markets related to construction and public works, the group adopts the name Groupe SMA.

2017
2017

Opening of subsidiaries in Belgium and Ivory Coast.

2022
2022

The group launches a transport and marine insurance business with the creation of SMA Transport.

2023
2023

To better serve its members in the construction and real estate sectors, the group brings all its strengths together within SMABTP. To mark this milestone, a new visual identity is created.

2023
2023

SMABTP establishes a presence in the Netherlands by acquiring a stake in DUPI, an insurance brokerage firm, to develop the marine and construction insurance market.

2023
2023

SMABTP, in partnership with MACSF, acquires a stake in CCR Re, a subsidiary of Caisse Centrale de Réassurance (CCR), France's second-largest reinsurer.

2023
2023

SMABTP becomes a shareholder in Woningborg, a Dutch specialist in home insurance.

2024
2024

GALIAN and SMABTP create a joint venture, called GALIAN-SMABTP, combining SMABTP's activities dedicated to real estate professionals with those of GALIAN.

2024
2024

SMABTP acquires CGI BÂTIMENT, which specializes in financial guarantees for single-family home builders, real estate developers, and land developers.