Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
France-based insurance start-up Alan has announced that it will create 400 new jobs in Europe by the end of 2023, including France, Spain and Belgium. The company has closed its Series D funding round, raising €185 million. The operation will accelerate the company’s expansion.
In addition to self-employed and SMEs, the company is planning to target also larger companies and new sectors. Currently, Alan has about 9,400 companies in its portfolio and generates €100 million of revenue. Its ambition is to insure one million people by 2023, against 155,000 people today.
The company also plans to launch personalised services like a 'Personal care guidance' to help people contact the right healthcare professional and direct-to-consumer products in Parenting and Mental Health.
Founded in 2016, Alan is a digital health insurance platform that offers insurance services by focusing on a price-quality ratio health plan. Currently, the company employs 350 people.
Eurofound (2021), Alan, Business expansion in European Union, factsheet number 104795, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/104795.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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