Öffentliche Versicherung Braunschweig

What Öffentliche Versicherung Braunschweig does

Öffentliche Versicherung Braunschweig is a regional German public insurer founded in 1754, headquartered in Braunschweig, Lower Saxony. It operates as a public insurance entity ("Öffentliche" denotes a public-sector status in the German insurance context), is privately held (not publicly listed), and serves both private (Privatkunden) and business (Firmenkunden) customers primarily within the Braunschweig region. Approximately every second resident in its service area is a customer, and the company generates over 450 million EUR in annual premium income that it recirculates into the regional economy.

The company offers a broad multi-line insurance portfolio spanning personal protection (Privat-Haftpflichtversicherung, Unfall, DigitalSchutz, Kombischutz), property and personal items (Dein Ding: 4gewinnt), mobility (Kfz-Versicherung for cars, motorcycles, mopeds, camping vehicles), legal protection (Rechtsschutz), supplementary health (Gesundheit), travel (Reise), pension and life products (notably the LöwenRente retirement vehicle and Altersvorsorge/Vermögen & Vererben), and occupational disability (Berufsunfähigkeit). Service is delivered through a hybrid model combining 120+ physical branch locations with personal advisors, phone support, and the digital customer portal Meine Öffentliche, which supports contract management, online claims reporting, and a digital Kfz-Servicekarte. The firm maintains an active mobile app, customer contact center, and careers portal as additional engagement channels.

Commercially, the company monetizes via traditional insurance premiums (pricing is quote-based and not publicly disclosed), leveraging its deep regional embedding, multi-generational brand trust, and community-level sponsorships (Allianz für die Region, Arbeitgeberverband Region Braunschweig, Öffentliche Stiftung foundation) as core go-to-market drivers. No proprietary technology stack, AI capabilities, or external APIs are disclosed; the operating model rests on a long-established regional branch network, a digital portal, and a standardized personal advisory sales motion targeting households and SMBs in and around Braunschweig.

Name

Öffentliche Versicherung Braunschweig

Legal name

Öffentliche Versicherung Braunschweig

Website

https://oeffentliche.de

Company type

Private

Founded year

1754

Operating status

Operating

Headcount range

51–100 employees

Short description

Öffentliche Versicherung Braunschweig is a regional German public insurer founded in 1754, offering vehicle, liability, health, legal, travel, accident, pension, and wealth insurance to private and business customers across more than 120 branches and a digital portal in the Braunschweig region.

Ownership category

akta.pro rank

Product category

Regional Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Life, Health, and Medical Insurance Carriers (52411), Direct Health and Medical Insurance Carriers (524114)

SIC

Fire, Marine & Casualty Insurance (6331), Life Insurance (6311), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)

akta.pro secondary industries

Disability Buy-Sell / Business Continuation Insurance (FSAIAIAL), Ancillary & Supplemental Health Products (Accident/Critical Illness/Hospital Indemnity) (HLAEABAJ)

Keywords

• Regional insurance services
• Personal liability coverage
• Vehicle insurance products
• Pension and retirement planning
• Health supplementary insurance

Headquarters

HQ city

Braunschweig

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Distribution channels3 records

Marketing channels3 records

Core offering

Öffentliche Versicherung Braunschweig offers a comprehensive portfolio of insurance products to private and business customers in the Braunschweig region of Germany. Core offerings include vehicle insurance (Kfz-Versicherung), private liability, accident, legal protection, health supplementary, travel, occupational disability, and life insurance products, alongside the flagship LöwenRente pension plan. Distribution is delivered through 120+ physical branches plus the Meine Öffentliche digital customer portal.

Product overview

Öffentliche Versicherung Braunschweig offers a comprehensive insurance product portfolio organized into core insurance products and product categories. The core products include vehicle (Kfz), private liability, legal protection, health, travel, accident, and occupational disability insurance. The flagship pension product is the LöwenRente. Product categories encompass Privatschutz (personal protection for home and lifestyle), Mobilität (mobility and vehicle coverage for cars, motorcycles, mopeds, camping vehicles), Vorsorge & Leben (retirement and life provisions including wealth and inheritance planning), and specialized offerings like DigitalSchutz and Dein Ding: 4gewinnt for insuring personal devices and valuables. The company provides the digital Meine Öffentliche customer portal as its primary service platform, enabling contract management and the digital vehicle service card.

Differentiator

Problem solved

Functional benefit

Brands

• LöwenRente: A high-yield pension product for retirement planning.
• Dein Ding: 4gewinnt
• Meine Öffentliche
• DigitalSchutz
• Kombischutz

Products and services

• Kfz-Versicherung Vehicle insurance covering cars and other motor vehicles, protecting the policyholder and the vehicle against accident and damage costs in daily life and travel. Targeted at vehicle owners in the Braunschweig region.
• Privat-Haftpflichtversicherung Private liability insurance that covers the financial consequences of accidental damage caused during sports, visits, or travel. Designed for individual consumers and households.
• Dein Ding: 4gewinnt Insurance product allowing customers to insure one to four personal items such as technology, hobby gear, or valued possessions, with quick, fair, and transparent pricing. Targeted at consumers with mobile lifestyles.
• Rechtsschutz Legal protection insurance providing coverage and legal support for expensive legal conflicts. Designed for private individuals.
• Gesundheit Supplementary health insurance providing additional coverage and benefits beyond statutory public health insurance. Targeted at private individuals seeking enhanced medical protection.
• Reise Travel insurance that protects policyholders against costs when vacation plans are disrupted. Targeted at private individuals who travel.
• LöwenRente High-yield pension product positioned as a strong financial cushion for retirement, marketed under the tagline "Anlegen und zurücklehnen" (invest and lean back). Targeted at individuals planning long-term retirement savings.
• Berufsunfähigkeit Occupational disability insurance providing risk protection in the event of inability to work. Designed for working individuals seeking income protection.
• Unfall Accident insurance covering injuries and related costs arising from accidents. Targeted at private individuals and families.
• DigitalSchutz Digital protection insurance covering online and technology-related risks. Designed for consumers facing cyber, data, and digital-device risks.
• Kombischutz
• Meine Öffentliche Digital customer portal allowing policyholders to view, manage, and edit their contract data online, including access to a digital Kfz service card. Targeted at existing customers of Öffentliche Versicherung Braunschweig.
• Online-Schadenmeldung Online claims reporting service enabling customers to submit Kfz, liability, building, or household contents claims directly online without long waiting times. Targeted at existing policyholders.
• Firmenkunden commercial insurance Commercial insurance offerings for business clients in the Braunschweig region, covering commercial risks and business continuity needs. Targeted at regional companies.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• Allianz für die RegionminorStrategic or Co-development PartnerRegional alliance partnership supporting local community development and regional initiatives in the Braunschweig area.
• Arbeitgeberverband Region Braunschweig e. V.minorOthersMembership in regional employers' association representing business interests in the Braunschweig region.
• Öffentliche StiftungminorOthersCorporate foundation established by the company for regional charitable and social initiatives.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SV SparkassenVersicherung: Regional German insurer tied to the Sparkassen banking network, distributing multi-line insurance products through partner banks and agents — comparable regional concentration and product breadth.
• LVM Versicherung: Mutual regional German insurer focused on personal lines with a strong branch and agent network in northwestern Germany; comparable multi-product offering and mutual governance model.
• Öffentliche Versicherung Oldenburg: Another regional "Öffentliche" mutual-style insurer in northwestern Germany offering similar personal and commercial lines through a branch-based distribution model — the closest structural analog to Öffentliche Braunschweig.
• VGH Versicherungen: Regional public insurance company serving Lower Saxony with a similar multi-line product portfolio (auto, home, liability, life) and a comparable regional public-insurer ("Öffentliche") structure and branch network model.

Broad incumbents

• HUK-Coburg: Large German mutual insurer with leading share in auto insurance and a broad personal-lines portfolio; a much larger national competitor that pressures Öffentliche's Kfz and home lines through price and digital scale.
• R+V Versicherung: Major German insurer tied to the cooperative banking sector offering the same multi-line personal and commercial products at national scale — a key competitive reference for portfolio breadth and pricing.
• Generali Deutschland: Large German multi-line insurer competing in P&C and life with national distribution; useful comparison for product mix, digital maturity, and brand competition in the German personal-lines market.
• Allianz Deutschland: Germany's largest insurer offering the full multi-line portfolio at national scale with strong brand and digital capabilities; the dominant competitive benchmark against which any regional insurer measures itself.
• Debeka Versicherung: One of Germany's largest mutual insurers, with a particularly strong position in health, life, and pension — directly relevant as a comparison for Öffentliche's life and supplementary health product economics.

Emerging players

• ARAG Versicherung: German specialist with strong positioning in legal protection insurance — directly comparable to Öffentliche's Rechtsschutz line — and a broader multi-line offering that overlaps meaningfully with the company's portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks3 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/oeffentliche.braunschweig

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Öffentliche Versicherung Braunschweig