MAIF (company)

[4] In 1947, a purchasing group was created: the Coopérative des adhérents de la MAAIF (Camif), offering a list of products at advantageous prices.

[5] MAAIF helped craftsmen and tradesmen by providing financial support for the creation of Macif (1960) and Matmut (1961), and by sharing its experience and staff with MAAF (1950).

In 1952, auto cover was grouped into a single contract (previously there were four: Motor Third Party Liability, Vehicle Theft and Fire, Defense and Recourse, Bodily Injury Compensation).

Three years later, a multi-coverage home policy called RAQVAM (Risques Autres Que Véhicules à Moteur) was offered.

[16] On July 11, 2020, an Extraordinary General Meeting validated the Board of Directors' proposal to turn MAIF into a company with a mission, as permitted by the 2019 Loi Pacte.

[17][18][19] On this occasion, the mutual removes socio-professional criteria from its conditions of access: it opens up to employees in all sectors, as well as to small and medium-sized business-to-business companies[20] and merges, on January 1, 2021, with its subsidiary Filia-MAIF and its 900,000 member-policyholders.

[22] Approaching the statutory age limit, Dominique Mahé steps down as chairman in 2022 with the election of his successor Yves Pellicier.

Any surpluses generated are distributed among member-policyholders in the form of rebates or allocated to strengthen the mutual's financial base, as decided by the General Meeting.

MAIF was initially reserved for schoolteachers only, but later opened its doors to other members of the French education system, as well as those in research, culture, associations, and local authorities.

The "mandataires du Conseil d'Administration" (MCA), who are appointed by the Board of Directors, form a permanent link between the mutual, its members and its socio-economic environment.

They are mainly teachers (active or not), chosen from the historical core of MAIF's membership, and are the bearers of the decisions and orientations taken by the board of directors.

These rules are supplemented by the Code of Ethics for Directors of Mutual Insurers of the Groupement des Entreprises Mutuelles d'Assurance (GEMA), the professional association to which the MAIF belongs.

This first initiative kicked off a more global project: the creation in 2015 of a fund dedicated to innovation, digital and the collaborative economy, SAS MAIF Avenir.

[51] In 2023, Maif CEO Pascal Demurger's remuneration of 55,000 euros gross per month contradicts the major orientations of the Mouvement Impact France (MIF) and the Social Solidarity Economy, and does not meet the "Entreprise solidaire d'utilité sociale" (Esus) approval criteria limiting the difference to 10 times the SMIC.

According to Le Parisien, in October 2023, MAIF was ordered by the Compiègne industrial tribunal to pay €40,000 in compensation to a former employee for dismissal "without real and serious cause".

[53] The employee in question was, without her knowledge, being monitored by software developed in-house, despite the recommendations of the French Data Protection Authority (Commission nationale de l'informatique et des libertés).

Logo between 1994 and 2019.