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

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.

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.

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

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

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.

The mutual insurance company becomes SMABTP.

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

Acquisition of the Château Cantemerle vineyard.

Acquisition of ASEFA, a Spanish insurance company founded in 1972 by a group of entrepreneurs.
1991 - present : the power of a mutualist spirit

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

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

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

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.

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

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

Opening of subsidiaries in Belgium and Ivory Coast.

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

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.

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.

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

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

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

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