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Ethias Group

What makes Ethias unique?

Our group

Comprehensive solutions for a safe and sustainable life.

Our entities

Beyond insurance, services, pensions, leasing, assistance, IT…

Our history

Ethias has been at the side of Belgian society for more than 100 years.

From a strategy as an insurer to a strategy of integrated and durable services for clients and the public

But Ethias is much more than just outstanding financial performance.

It is a leading Belgian player, more than a century old, with its decision-making centre in Belgium.

A player resolutely committed to meeting the societal and environmental challenges of today and tomorrow, while actively supporting the national economy and its various stakeholders. Since 1919, the company has supported its long-standing clients – cities, municipalities and other public bodies – and its shareholders in their projects, particularly by investing in regional and federal recovery plans and in major infrastructure projects (Cityforward, Sparki, R4 West & Oost).

EUR 5.12 billion is how much Ethias has invested in the Belgian economy to date, 60% of it in the public sector. For the first half of the year, this already represents an increase of EUR 190 million compared to 2023.

Ethias is the country's third largest insurer and was recently recognised as Belgium's most customer-friendly insurer. Always ready to step in under any circumstance, we are there to help the population and our policyholders to deal with their little worries or with major challenges such as the COVID-crisis, the 2021 summer flood, more recently, the heavy rain last May and June or the fire at the Kennedy Tower. Proximity and responsiveness are undoubtedly key factors in our high overall satisfaction rate, reaching 92% for Retail policyholders and 93% for policyholders in Public Bodies and Companies.

Today, Ethias is also a genuinely dynamic group. Drawing the strengths and specificities of its entities such as NRB Group for ICT, Ethias Services, Ethias Lease and Ethias Pension Fund, Ethias Group has developed a whole range of new activities and integrated services that are recognised on the market. This success is illustrated by the recent “Cybersecurity Company of the Year” title awarded to our ICT subsidiary.

With over 5,000 employees, Ethias Group is also a 100% Belgian employer, proud of its local roots, supporting thousands of families and creating hundreds of jobs every year.

Ethias is a unique group that is wholeheartedly committed to the future of our country, its regions and all its citizens.

Building on the success of its unique model, Ethias created an ecosystem capitalising on the strengths and specificities of its subsidiaries to position Ethias as a value-generating group for all its stakeholders.

Its legal structure is as follows:

The Ethias Group ecosystem relies on the synergies, expertise and talents of more than 5,000 employees to speed up the implementation of solutions in areas such as health, ageing, mobility and public services. This allows Ethias to provide services that goes beyond insurance contracts which also integrate sustainability aspects.

This strategy, which goes beyond insurance, is based on 5 pillars:

Providing extended services;
Developing digital and technological innovations for humans;
Building ecosystems;
Creating synergies and pooling skills;
Building partnerships and rethinking the sales approach.

Ethias Insurance

Ethias Services

Ethias Pension Fund

Ethias Lease

Ethias Assistance

Ethias Ventures

Flora by Ethias

NRB Group

The beginnings

In 1919, a group of municipal and provincial authorities founded the "Société Mutuelle des Administrations Publiques" (abbreviated as SMAP) for the insurance against fire, lightning and explosions.

This marked the beginning of a rich history with various turns and many successes, leading up to a strong group who today has over 1 million clients.

1919

En 1919, un groupe d’administrations communales et provinciales a constitué la Société Mutuelle des Administrations Publiques (SMAP) pour l’assurance contre l’incendie, la foudre et les explosions.

In 1919, a group of municipal and provincial authorities founded the "Société Mutuelle des Administrations Publiques" (SMAP) for the insurance against fire, lightning and explosions.

1957

In the wake of the new law on compulsory civil liability insurance the introduction of compulsory motor third-party liability insurance, SMAP, which until then only insured local authorities, opens its doors to public service employees.

1984

SMAP sets up its Flanders headquarters in Hasselt.

1991

SMAP sets up headquarters in Eupen for the German-speaking region.

2000

On January 1st 2000, Smap accepts everyone as clients.

2003

SMAP changes its name to Ethias

2019

Ethias celebrates its first centenary!

We simplify insurance to bring you security with innovative products

To Ethias, being a direct insurer is not only a matter of business model. It is also about having a direct positive role and impact on the lives of its clients and people in general.

Discover Ethias