OCC Assekuradeur

What OCC Assekuradeur does

OCC Assekuradeur GmbH is a German insurance intermediary (Versicherungsvertreter) and managing general agent (Assekuradeur) specialized exclusively in collector and classic vehicles. Founded in Lübeck in 1984 by Christian Bartelt and Thomas Sühr, the company is credited with inventing the classic car insurance category in Germany and presented its original concept at the 1985 Oldtimer Grand Prix at the Nürburgring. It operates today from headquarters in Lübeck with regional offices in Vienna (Austria) and Zürich (Switzerland), serving individual classic car owners across the DACH region with a stated base of more than 100,000 customers. The company is a wholly-owned subsidiary of Provinzial NordWest Holding Aktiengesellschaft and places its insurance risks through a six-carrier consortium led by Provinzial Nord Brandkasse AG (50% share).

The product portfolio centers on vehicle-type-specific policies — Oldtimer, Youngtimer, Newtimer, Premium Car, Motorrad, Wohnmobil, LKW/Lieferwagen, Traktor, and Sammlung (collections) — offered across three coverage tiers (Basis/Teilkasko, Komfort/Vollkasko, Premium/Vollkasko Plus), with add-ons for transport, driver protection, roadside assistance, and enhanced liability. Underwriting risk is fully placed with the risk-carrier consortium; OCC earns commission on intermediation. Distribution runs through three channels: a direct-to-consumer online portal (occ.eu) with an instant tariff calculator and eVB issuance, a dedicated broker portal (meinportal.occ.eu) serving intermediaries across DACH, and event-driven acquisition through sponsorships of the Küstentrophy rally, Gaisbergrennen, and Concours of Elegance Germany.

Operationally, OCC employs 120+ staff, all focused exclusively on classic car insurance, and supports the core product with digital services including a customer portal, value calculator, digital service card (mobile wallet), and the OCC Akademie educational platform. The technology footprint is conventional — portals, calculators, and content infrastructure (CleverReach, BSI) — with no disclosed AI/ML capabilities, no public API, and no proprietary underwriting models. The company has been named "Testsieger 2026" by Classic Cars magazine and is preparing for a planned CEO transition in July 2026 that will bring in Nasier Ahmad Nasir (formerly of digital insurer FRIDAY) to lead Product, Sales, and Marketing.

Name

OCC Assekuradeur

Legal name

OCC Assekuradeur GmbH

Website

https://occ.eu

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Short description

OCC Assekuradeur is a German insurance intermediary founded in 1984 that exclusively insures classic and collector vehicles — Oldtimer, Youngtimer, Premium Cars, motorcycles, and collections — serving 100,000+ individual owners across Germany, Austria, and Switzerland on a commission basis through a risk-carrier consortium.

Ownership category

akta.pro rank

Headquarters

HQ city

Lübeck

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Intermediation / Commission: OCC Assekuradeur GmbH acts as an insurance intermediary (Versicherungsvertreter) earning commissions for placing insurance policies. The company receives a commission of usual and premium-dependent amount for its intermediation activity, and additionally receives increased commissions based on claims ratios. OCC does not carry its own underwriting risk — risk carriers include Provinzial Nord Brandkasse AG (50%), ERGO Versicherung AG (22.5%), Provinzial Rheinland Versicherung AG (10%), VGH Versicherungsgruppe Hannover (10%), R+V Allgemeine Versicherung AG (5%), and Öffentliche Sachversicherung Braunschweig (2.5%).

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels14 records

Core offering

OCC Assekuradeur is a licensed German insurance intermediary (Versicherungsvertreter/Assekuradeur) that specializes exclusively in classic, vintage, and collector vehicle insurance. The company places policies on behalf of a consortium of risk carriers led by Provinzial Nord Brandkasse AG (50%) and ERGO (22.5%), offering coverage for oldtimers, youngtimers, newtimers, premium cars, motorcycles, motorhomes, trucks, tractors, and entire collections across Germany, Austria, and Switzerland.

Product overview

OCC Assekuradeur is a specialized insurance provider for collector and classic vehicles, operating as a managing general agent (Assekuradeur) for Liebhaberfahrzeuge (passion vehicles). The product portfolio centers on the OCC Oldtimer-Versicherung (classic car insurance) with vehicle-type variants for Oldtimer, Youngtimer, Newtimer, Premium Car, motorcycles, motorhomes, trucks, tractors, and collections. Coverage is structured in three tiers: OCC-Teilkasko (partial comprehensive), OCC-Vollkasko (full comprehensive), and OCC-Vollkasko Plus (premium all-risk with 50% value reserve), with optional add-ons including transport/location insurance, auto protection package, driver protection, and liability plus. The company also offers a companion OCC-Haftpflichtversicherung for third-party liability. Supporting the core insurance products are digital services including an online quote/purchase calculator, customer portal, partner portal for intermediaries, value calculator, digital service card/mobile wallet pass, and a referral program. OCC operates through a network of reinsurance carriers including Provinzial Nord Brandkasse AG (50%), ERGO Versicherung AG (22.5%), and others. Founded in 1984, OCC introduced the classic car insurance concept in Germany and operates from locations in Lübeck, Vienna, and Zurich serving Germany, Austria, and Switzerland.

Differentiator

Problem solved

Functional benefit

Products and services

• OCC Oldtimer-Versicherung (Classic Car Insurance) Specialized insurance for classic/vintage automobiles typically over 30 years old, providing coverage through liability, partial comprehensive, and full comprehensive tiers with features tailored to collector vehicles.
• OCC Youngtimer-Versicherung Insurance for younger classic vehicles (typically 20-30 years old), offering protection for modern classics that are transitioning to collector status.
• OCC Newtimer-Versicherung Insurance for newer collector vehicles (recent classics and premium cars starting from €150,000 new value), positioning today's vehicles as future classics.
• OCC Premium Car Versicherung Specialized insurance for premium and high-value vehicles with coverage starting from €150,000 new value.
• OCC Motorrad-Versicherung (Classic Motorcycle Insurance) Insurance coverage for classic motorcycles and motorbikes.
• OCC Wohnmobil-Versicherung (Classic Motorhome Insurance) Insurance for classic motorhomes and recreational vehicles.
• OCC LKW & Lieferwagen Versicherung Insurance for classic commercial vehicles including trucks and delivery vans.
• OCC Traktor-Versicherung (Classic Tractor Insurance) Insurance for classic tractors and agricultural vehicles.
• OCC Sammlung (Collection Insurance) Comprehensive insurance coverage for entire collections of classic vehicles, including collision protection within the collection.
• Transport- und Standortversicherung (Transport & Location Insurance) Supplementary insurance for vehicles during transport and storage, including ferry damage (General Average).

Quantifiable outcome

• Classic Cars magazine named OCC 'Testsieger 2026' (Test Winner 2026) as best classic car insurance provider
• +3 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core, supporting and minor.

• Provinzial Nord Brandkasse AGcoreOthersPrimary risk carrier (50% share) under the consortium led by Provinzial Nord Brandkasse AG. OCC acts as underwriting agent (Assekuradeur) placing insurance with this carrier. The provincial insurer also holds 100% indirect ownership of OCC Assekuradeur GmbH through Provinzial NordWest Holding Aktiengesellschaft.
• ERGO Versicherung AGcoreOthersRisk carrier holding 22.5% of the insurance consortium underwriting OCC's classic car policies. ERGO is one of the major German insurance groups providing the underlying insurance capacity.
• VGH Versicherungsgruppe HannoversupportingOthersRisk carrier holding 10% of the insurance consortium underwriting OCC's classic car policies.
• R+V Allgemeine Versicherung AGsupportingOthersRisk carrier holding 5% of the insurance consortium underwriting OCC's classic car policies.
• Provinzial Rheinland Versicherung AGsupportingOthersRisk carrier holding 10% of the insurance consortium underwriting OCC's classic car policies.
• Öffentliche Sachversicherung BraunschweigminorOthersRisk carrier holding 2.5% of the insurance consortium underwriting OCC's classic car policies.
• AXA Versicherung AGsupportingOthersRisk carrier for OCC's transport and location insurance (Transport- und Standortversicherung) products.
• ÖRAG Rechtsschutzversicherungs-AGminorOthersRisk carrier for OCC's legal protection insurance (Rechtsschutzversicherung) products.
• Concours of Elegance GermanysupportingGTM or Marketing PartnerOCC is a sponsor and participant in the Concours of Elegance Germany event at Gut Kaltenbrunn, Tegernsee. OCC's Head of Business Development Till Waitzinger sits on the event's Steering Committee, representing OCC in the jury evaluation of historic vehicles.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• HUK-Coburg: HUK-Coburg is one of Germany's largest auto insurers and offers an Oldtimer product aimed at the same classic car customers OCC serves. As a generalist with massive scale, HUK represents the primary 'good enough' competitive alternative to OCC's specialist proposition in the German market.
• Hiscox: Hiscox is a specialty insurer with a recognized classic and collector car product in Europe, overlapping with OCC on agreed-value coverage and enthusiast targeting. While Hiscox is a broader specialty carrier (art, marine, high net worth), its classic car line competes for the same DACH-area collector customers as OCC.
• R+V Versicherung: R+V Versicherung is both a competitor in the German classic car insurance market and one of OCC's risk carriers (5% consortium share), creating a uniquely dual relationship. Its broad agent network in the German cooperative banking system makes it a powerful generalist alternative for the same customer base.
• AXA: AXA's German subsidiary (AXA Konzern AG) sells classic car policies through agents and brokers and serves a similar affluent customer profile. AXA competes for OCC's wallet on the strength of its broader product portfolio and international footprint, including cross-border coverage in OCC's key geographies.
• Zurich Insurance: Zurich offers classic and collector car insurance in Germany and Switzerland, overlapping directly with OCC's DACH geographic footprint. As a global insurer with private client expertise, Zurich is a frequent competitor for higher-net-worth collector customers in OCC's target market.
• Allianz: Allianz offers classic car insurance through its German operations and agents, serving customers who could otherwise buy from OCC. Its scale, brand recognition, and multi-line bundling options make it a direct competitive threat for collectors who already use Allianz for other personal lines.
• Württembergische Versicherung: Württembergische is a German regional mutual insurer with an established Oldtimer product serving southern Germany's strong classic car community. As a Sparkassen-affiliated insurer with deep regional roots, it competes head-to-head with OCC in OCC's home market.
• VHV Versicherungen: VHV is a German insurer with a classic car product aimed at the same enthusiast demographic, distributed through brokers and its own tied agents. Its strong broker relationships in northern Germany overlap with OCC's core distribution channel and Lübeck home geography.
• Basler Versicherungen: Basler is a German insurer offering Oldtimer insurance with agreed-value and collector-specific coverage features, positioning it as a specialist-leaning generalist peer of OCC. It serves classic car owners through its own broker network in the DACH region.

Direct peers

• Hagerty: Hagerty is the leading US/UK specialist in classic and collector vehicle insurance, with deep enthusiast community engagement (events, media, valuation tools) comparable to OCC's magazine, rally sponsorships, and Concours of Elegance participation. Both companies focus exclusively on collector vehicles rather than general auto, making Hagerty the closest international analogue to OCC's specialist Assekuradeur model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/OCC_Klassiker
• YouTubeyoutube.com/@echtOCC
• Facebookfacebook.com/OCC.Assekuradeur
• LinkedInlinkedin.com/company/occ-assekuradeur-gmbh
• Instagraminstagram.com/occ.assekuradeur
• TikToktiktok.com/@echtocc
• Pinterestpinterest.de/OCCAssekuradeur

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

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 OCC Assekuradeur