Diot-Siaci revenue exceeds one billion euros in 2024
Paris, April 9, 2025 – The Diot-Siaci Group, the European leader in corporate insurance brokerage, announces gross revenue of 1.03 billion euros in 2024 and strengthens its international presence, which now accounts for almost half of its turnover.
For the second consecutive year, the Diot-Siaci Group reported a 14% increase in revenue (gross data from reported figures excluding acquisitions of Nasco, Oasys and Unilight already completed) up to €1.03 billion from €905 million in the previous year. This progression, in line with the Group’s strategic plan unveiled in 2023 by CEO Cédric Charpentier, is the result of sustained organic growth and a focused acquisitions policy.
Gross revenue outside France (Europe and the rest of the world) rose by 24% and now accounts for almost half of the Group’s total business, with strong growth in the Middle East and Africa zone, as well as in Europe and Asia. Revenue in France rose by 7% to €576 million, compared with €536 million in 2023.
The breakdown of this overall growth for each of the Group’s Business Units is as follows:
- Diot-Siaci Corporate Solutions, the entity dedicated primarily to large and mid-market P&C accounts in France, recorded total gross revenue of €274 million, up almost 7% from €257 million in 2023, driven by strong performances in most business lines.
- The Employee Benefits and Consulting entity recorded gross revenue of almost €194 million in 2024 (+12% including HR Consulting turnover), compared with €174 million in the previous financial year, thanks in particular to some impressive achievements in the professional sectors.
- Despite an ever-changing geopolitical context, MSH, the subsidiary dedicated to providing coverage for internationally mobile individuals, continued to capitalize on its cutting-edge expertise in health and life & disability, ending the 2024 financial year with revenue of €136 million, compared with €121 million in 2023 (up 13% using constant exchange rates), thanks to some very significant new business.
- Diot-Siaci Credit’s credit insurance, bonds and financing business posted revenue of €49 million, compared with €48 million in 2023 (excluding Urios).
- The International Business Unit, which covers marine and cargo, shipping, captive management, reinsurance, and operations in EMEA (Europe excluding France, the Middle East and Africa) and the Rest of the world (Singapore), recorded revenue of €369 million, up 26% from €294 million.
Download the press release“In 2024, we recorded robust figures in line with our strategic roadmap. The strong growth across all our markets, particularly internationally, confirms the relevancy of our model for our clients, and strengthens our ambition to offer them the customized services of a European leader worldwide,” said Cédric Charpentier, CEO of Diot-Siaci.