In 1919, a group of local authorities founded the "Société Mutuelle des Administrations Publiques" (abbreviated as SMAP) for the insurance against fire, lightning and explosions. Today, Ethias is a multi-line insurance group for private individuals, public bodies and companies, whose shareholding is made up of the Federal Government, the Walloon Region, the Flemish Region and Ethias Droit Commun (Mutual Insurance Fund). Although its legal form has evolved over time, Ethias has remained faithful to the mutualist values that have guided its creation.

With more than one million policyholders, Ethias is now the fourth-largest insurer in Belgium in all branches combined and is market leader in the Public Sector, particularly through Group Life & Pension Insurance and Workers' Compensation Insurance. Ethias ranks 3rd in the automotive insurance market.


Board of Directors and Executive Committee (Ethias SA)

  • Chair of the Board of Directors: Myriam Van VARENBERGH 
  • Chair of the Executive Committee: Philippe LALLEMAND
  • Motor Insurance
  • Home Insurance / Civil Liability
  • Personal Injury Insurance (Healthcare, Work Accidents, Accidental Bodily Injuries, etc.)
  • Assistance and Travel Insurance
  • Group Life and Pension Insurance
  • Savings & Investments

In the Belgian market, where brokers and bankinsurers occupy a predominant position, Ethias has the particularity of being a direct insurer distributing its products and services through:

  • Insurance advisers (employees for private individuals)
  • A team of inspectors specifically dedicated to serving public bodies and companies
    (with, for the latter, the collaboration of specialized brokers)
  • Call Centres (Contact Centers)
  • Its website
  • Total Turnover: €2,671M
    Of which Non-Life Insurance: €1,419M
    Of which Life Insurance: €1,251M
  • Number of policyholders (individuals): 1.2 million
  • Points of sales: 37 regional offices and 2 Contact Centers
  • Number of employees: 1,887
  • Sales force: 200 advisers in the regional offices, 43 inspectors for public bodies and companies,
    68 advisers in the Contact Centers
  • Total Equity capital: €1,360M
  • Assets under management: €14 719M

*2019 Figures


Total Turnover