Achmea

What Achmea does

Achmea is a Dutch cooperative insurance and financial services group headquartered in Zeist, Netherlands, founded in 1811 and serving approximately 10 million customers through a multi-brand architecture spanning health, property and casualty, life, pension, and specialty insurance lines. The group operates through leading Dutch consumer brands — including Centraal Beheer, Zilveren Kruis, Interpolis, FBTO, Avéro Achmea, Inshared, De Friesland, and De Christelijke Zorgverzekeraar — and serves more than 50 large institutional clients each through Achmea Investment Management and Achmea Mortgages, with international reach via Interamerican in Greece, Achmea Farm Insurance and Hagelunie in Australia, and the Anytime digital insurance brand in Romania.

The business spans insurance underwriting (retail premiums), institutional asset management and investment advisory, banking services (Achmea Bank), residential mortgage investments, reinsurance (Achmea Reinsurance Company, including the Windmill Re catastrophe bond series), real estate investment management (Achmea Real Estate, including the Achmea Dutch Residential Impact Fund), pension administration (Achmea Pensioenservices), in-house legal services (Achmea Verzekeringsadvocaten), and claims handling (Achmea Personenschade). Revenue is generated primarily through recurring insurance premiums across multiple lines, asset management fees on institutional mandates, banking and mortgage net interest income, reinsurance premiums, and real estate investment returns. Notable technology and platform assets include the eGain AI Knowledge Hub and AI Agent (deployed to 21,000 users integrating over 26,000 documents), Zivver secure email, the Climate Compass tool within the Centraal Beheer app, and specialty underwriting expertise such as Hagelunie's global greenhouse horticulture insurance.

The go-to-market is omnichannel and multi-brand: dedicated brand teams handle consumer distribution in the Netherlands, direct enterprise sales cover institutional asset management clients, digital self-serve channels operate through Anytime internationally, and a centralized distribution organization is being consolidated for Q1 2027 to unify commerce, marketing and customer journeys while preserving brand identity. Strategic recent actions include the Sixth Street-led €461M pension and life insurance joint venture (Achmea Pensioen & Levensverzekeringen, 2025), the Blue Sky Group Vermogensbeheer acquisition (2024, ~10% AUM uplift), the legal merger of Achmea Mortgages into Achmea Investment Management (H2 2026), Anytime's full commercial rollout in Romania, and ongoing capital management actions including the €8B longevity transaction and Windmill III Re catastrophe bond.

Name

Achmea

Legal name

Achmea B.V.

Website

https://achmea.nl

Company type

Private

Founded year

1811

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Achmea is a Dutch cooperative insurance and financial services group serving 10 million customers through multi-brand offerings spanning health, P&C, life and pension insurance, asset management, banking, mortgages, and reinsurance, primarily in the Netherlands with selective international expansion.

Ownership category

akta.pro rank

Product category

Insurance and Financial Services

NAICS

Insurance Carriers (5241), Direct Life, Health, and Medical Insurance Carriers (52411), Direct Property and Casualty Insurance Carriers (524126), Direct Health and Medical Insurance Carriers (524114), Insurance Carriers and Related Activities (524)

SIC

Insurance Carriers, Nec (6399), Fire, Marine & Casualty Insurance (6331), Life Insurance (6311)

akta.pro primary industry

ACA Marketplace (On-Exchange) Individual Plans (FSAIAEAA)

akta.pro secondary industries

Life & Health Reinsurance Underwriting, Actuarial & Risk Analytics Services (FSAOAAAI), CO-OP / Nonprofit Individual Market Plans (HLAEABAH)

Keywords

• Insurance services
• Health insurance
• Asset management
• Pension services
• Property insurance

Headquarters

HQ city

Zeist

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Insurance Premiums: Core revenue from insurance products including health insurance (Zilveren Kruis, FBTO, Interpolis, De Friesland, De Christelijke Zorgverzekeraar), property and casualty insurance (Centraal Beheer, Avéro, Inshared), and specialty insurance (Hagelunie for greenhouse horticulture).
2. Pension and Life Insurance: Through the joint venture Achmea Pensioen & Levensverzekeringen formed with Sixth Street and Lifetri, serving more than 2.1 million customers in pension and annuity market.
3. Asset Management and Investment Advisory: Achmea Investment Management serves more than fifty large institutional clients in asset management and investment advisory services. Achmea Mortgages serves more than fifty institutional clients with investment opportunities in Dutch residential mortgages.
4. Reinsurance: Achmea Reinsurance Company NV provides reinsurance protection including catastrophe bonds (Windmill III Re) for European windstorm and severe convective storm risks.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Achmea is a Dutch cooperative insurance group selling health, life, and non-life insurance products through multiple consumer brands (Centraal Beheer, Zilveren Kruis, Interpolis, FBTO, Avéro Achmea, Inshared, De Friesland, De Christelijke Zorgverzekeraar), serving approximately 10 million customers. Beyond retail insurance, it offers institutional asset management and investment advisory through Achmea Investment Management, banking through Achmea Bank, reinsurance and catastrophe bonds through Achmea Reinsurance and the Windmill Re series, pension and life insurance through Achmea Pensioen & Levensverzekeringen (joint venture with Sixth Street and Lifetri), real estate investment through Achmea Real Estate, and digital insurance through Anytime in Romania.

Product overview

Achmea is a large European cooperative insurance group headquartered in the Netherlands serving approximately 10 million customers. The company operates through multiple sub-brands (Centraal Beheer, Zilveren Kruis, Interpolis, FBTO, Avéro Achmea, Inshared, De Friesland, De Christelijke Zorgverzekeraar, Anytime) offering insurance products including health, property, casualty, life, and pension coverage. Beyond insurance, the portfolio includes Achmea Bank (banking), Achmea Investment Management (asset management for institutional clients, expanded via Blue Sky Group acquisition and Achmea Mortgages integration), Achmea Reinsurance (catastrophe bonds through Windmill Re series), Achmea Real Estate (investment management including impact fund for sustainable housing), Achmea Pensioenservices (pension administration), Achmea Personenschade (personal injury claims), Achmea Verzekeringsadvocaten (in-house legal services), and specialized operations like Hagelunie (greenhouse horticulture insurance) and Eurocross (emergency assistance). The group is undergoing digital transformation with AI-powered knowledge management (eGain deployment) and consolidates distribution organizations for enhanced customer experience.

Differentiator

Problem solved

Functional benefit

Brands

• Anytime: Digital insurance brand of Interamerican (part of Dutch group Achmea) operating in Romania, offering digital insurance products including MTPL, CASCO, and additional product lines.

Products and services

• Health Insurance (Zilveren Kruis, FBTO, Interpolis, De Friesland, De Christelijke Zorgverzekeraar)

Quantifiable outcome

• 21,000 users supported by AI Knowledge Hub deployment
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability2 records

Feature5 records

Partnerships

Six partnerships are on record, tiered minor, core and flagship.

• Protected Cropping AustraliaminorStrategic or Co-development Partner · 17 June 2026Collaboration between Achmea Farm Insurance in Australia and Protected Cropping Australia to bring Dutch greenhouse horticulture expertise to Australian growers. The focus is on practical knowledge sharing about strengthening greenhouses, limiting damage, and helping businesses withstand extreme weather.
• BAM WonenminorStrategic or Co-development Partner · 21 April 2026Collaboration with BAM Wonen for sustainability upgrades of 128 apartments in Bilthoven purchased by the Achmea Dutch Residential Impact Fund (ADRIF). Research by BAM Wonen indicates sustainability measures can significantly reduce building-related gas and electricity consumption.
• AoncoreImplementation/ SI/ Consulting Partner · 20 March 2026Aon advised Achmea Pension & Life Insurance on an €8 billion longevity transaction, a significant financial arrangement related to pension liabilities management.
• eGain CorporationcoreTechnology or Integration · 18 December 2025Achmea selected eGain Corporation's AI Knowledge Hub and AI Agent software to modernize knowledge management and support its Digital Insurer transformation. The deployment covers 21,000 users across the organization and integrates more than 26,000 documents into a centralized knowledge base. The strategic partnership positions eGain as a key technology provider for Achmea's enterprise-wide digital transformation initiative.
• LifetriflagshipStrategic or Co-development Partner · 6 October 2025Lifetri was contributed by Sixth Street to the joint venture Achmea Pensioen & Levensverzekeringen, consolidating with Achmea's pension and life insurance portfolio. The partners plan to collaborate on investments for the joint venture to generate additional value creation and growth opportunities in the pension and annuity market.
• Blue Sky Group Vermogensbeheer (BSG)coreStrategic or Co-development Partner · 25 July 2024Achmea Investment Management acquired Blue Sky Group Vermogensbeheer to expand asset management services and client base, including pension funds like those of KLM. The deal involves acquiring BSG's team, clients, assets, and platform, expected to increase Achmea IM's assets under management by around 10%.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• NN Group (Nationale-Nederlanden): NN Group is a Dutch insurance and asset management company offering life, non-life, and pension products across the Netherlands and other European markets, directly comparable to Achmea's multi-line insurance business and asset management operations through NN Investment Partners.
• AEGON: AEGON is a Dutch-headquartered international insurance, pensions, and asset management group with significant Dutch life and pension operations, providing a direct comparison for Achmea's pension/life insurance joint venture and asset management businesses.
• ASR Nederland: ASR Nederland is a major Dutch insurance group offering life, non-life, health, and pension products, and one of Achmea's closest domestic competitors across the same Dutch retail and institutional insurance segments.

Broad incumbents

• ING Group: ING Group is a Dutch-headquartered global bank with significant insurance and asset management operations, comparable to Achmea's banking (Achmea Bank), insurance, and asset management portfolio across the Dutch retail and institutional markets.
• Allianz: Allianz is one of the world's largest insurance and asset management groups offering P&C, life/health, and asset management across Europe, directly comparable to Achmea's multi-line insurance portfolio and asset management scale, though it operates at a far broader geographic scale.
• Swiss Re: Swiss Re is a leading global reinsurer; directly comparable to Achmea Reinsurance Company's European windstorm and severe convective storm reinsurance business through cat bond sponsorship and traditional reinsurance.
• Munich Re: Munich Re is a leading global reinsurance company; Achmea Reinsurance Company is directly comparable as a European property catastrophe reinsurer using similar risk transfer instruments including catastrophe bonds (Windmill Re series).
• Zurich Insurance Group: Zurich Insurance Group is a major Swiss-headquartered multi-line insurer offering general insurance, life, and farmers' insurance globally, comparable to Achmea's portfolio strategy across health, P&C and life insurance plus specialty lines like Hagelunie's farm insurance.
• AXA: AXA is a major French-headquartered global insurance group offering life, health, P&C and asset management products across European markets, comparable to Achmea's multi-line insurance and asset management portfolio.

Regional players

• Mapfre: Mapfre is a major Spanish-headquartered multi-line insurer operating across Iberia and Latin America; comparable to Achmea as a European multi-line insurer, though its geographic focus and portfolio mix differ.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/achmea
• YouTubeyoutube.com/achmea
• Facebookfacebook.com/achmea
• LinkedInlinkedin.com/company/achmea

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries29 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Achmea