Allvest
Allvest GmbH is a Munich-based digital pension insurance intermediary and wholly-owned subsidiary of Allianz SE that offers a single hybrid pension product combining guaranteed returns with ETF and active fund investment options, distributed digitally to German retail customers.
- Company typePrivate
- Founded2019
- HeadquartersMunich, Germany
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Allvest does
Allvest GmbH is a Munich-based digital pension insurance intermediary founded in 2019 as a wholly-owned subsidiary of Allianz SE. The company offers a single digital pension insurance product distributed exclusively through digital channels, combining a security component (Sicherheitsbaustein) invested in Allianz's safety portfolio with a current guaranteed interest rate of 4.5% p.a., and a return component (Renditebaustein) invested in passive ETFs/index funds managed by Allianz Investment Management or actively managed funds managed by Allianz Global Investors. Customers select individual guarantee levels of 60%, 80%, or 90% of deposits at maturity, and the platform supports flexible contributions, withdrawals, and lump-sum or lifetime annuity payouts.
The platform is built around a proprietary Dynamic Value Security Mechanism that dynamically reallocates between the security and return components on a daily basis to maintain the selected guarantee level. Allvest was the first insurance product in Germany to offer Konto Ident identity verification, enabling fully digital contract completion without video call or postal identification. The customer experience is delivered through a 24/7 web-based Customer Cockpit and native iOS/Android mobile apps that support deposits, withdrawals, strategy switching, asset allocation viewing, and document management.
Allvest serves digital-native German retail customers seeking flexible retirement savings, with primary distribution through direct-to-consumer digital channels and a secondary channel partnership with Sparkasse Hannover (Germany's sixth-largest savings bank, ~700,000 customers). Revenue is generated as a licensed insurance intermediary for Allianz Lebensversicherungs-AG, with fees based on premium volume and contract value. The hybrid pricing model is exemplified by a 0.99% p.a. total cost ratio (0.60% on contract value plus 0.17% passive or 0.58% active on the investment component), plus a one-time 2% deposit fee, with no charges for strategy switching, rebalancing, or contract termination. The company is wholly parent-funded with no external funding rounds.
Allvest firmographics
Firmographics- Name
- Allvest
- Legal name
- Allvest GmbH
- Website
- https://allvest.de
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Allvest GmbH is a Munich-based digital pension insurance intermediary and wholly-owned subsidiary of Allianz SE that offers a single hybrid pension product combining guaranteed returns with ETF and active fund investment options, distributed digitally to German retail customers.
- Ownership category
- akta.pro rank
Allvest industry classification
Industry- Product category
- Digital Pension Insurance
- NAICS
- Insurance Agencies and Brokerages (52421), Direct Life, Health, and Medical Insurance Carriers (52411)
- SIC
- Life Insurance (6311), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Universal Life (UL) Insurance (FSAIABAB)
Keywords
Where Allvest is headquartered
LocationHeadquarters
- HQ city
- Munich
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
Allvest business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premium Revenue: Allvest GmbH acts as an insurance intermediary (Versicherungsvermittler) for the digital pension insurance product of Allianz Lebensversicherungs-AG. Revenue is generated through the sale and ongoing management of insurance contracts, with fees based on premium volume and contract value.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Pay-as-you-go | Example configuration with 0.99% p.a. total cost ratio |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels8 records
Allvest product offering
Product offeringCore offering
Allvest is a fully digital hybrid pension insurance product marketed in Germany by Allvest GmbH (a 100% Allianz SE subsidiary). It combines a Sicherheitsbaustein (security component) currently earning 4.5% p.a. interest with a Renditebaustein (return component) invested via passive ETFs or actively managed funds, allowing customers to select 60%, 80%, or 90% capital guarantees at maturity. The product is contracted, managed, and serviced 100% online through the website, mobile apps, and a customer cockpit.
Product overview
Allvest is a single digital pension insurance product offered by Allvest GmbH, a subsidiary of Allianz SE. The product combines two main components: a Security Component (Sicherheitsbaustein) invested in Allianz's security portfolio earning 4.5% p.a., and a Return Component (Renditebaustein) invested in either passive (ETFs/index funds managed by Allianz Investment Management) or active (investment funds managed by Allianz Global Investors) strategies. Customers can choose guarantee levels of 60%, 80%, or 90% of their deposits. The product is accessed through the Allvest App (iOS/Android) and the web-based Customer Cockpit, with 24/7 availability for deposits and withdrawals.
Differentiator
Problem solved
Functional benefit
Products and services
- Allvest Digital Pension Insurance A flexible digital pension insurance product combining a Sicherheitsbaustein (security component) currently earning 4.5% p.a. guaranteed interest with a Renditebaustein (return component) invested in ETFs and active funds, allowing customers to choose 60%, 80%, or 90% capital guarantees at maturity. Designed for digitally-affine German retail customers aged 18 to 73 seeking retirement savings, reserve investment, or supplementary pension.
- Allvest Mobile App Native mobile applications for iOS and Android that provide 24/7 access to the Allvest customer cockpit, allowing users to view contract value in real time, make deposits and withdrawals, adjust monthly contributions, switch between passive and active investment strategies, view asset allocation, manage documents, and book webinars.
- Allvest Customer Cockpit Web-based dashboard providing real-time visibility of investment value, allowing customers to make deposits and withdrawals anytime, set up monthly contributions, and change investment strategies. Available 24/7 via the Allvest website.
- Allvest Passive Invest Strategy Passive investment strategy using ETFs and index funds managed by Allianz Investment Management to track global capital markets and achieve broad market exposure at Allianz institutional pricing. Available as the underlying strategy for Allvest's Renditebaustein.
- Allvest Active Invest Strategy Active investment strategy managed by Allianz Global Investors using actively managed investment funds to target returns above general market performance. Available as the underlying strategy for Allvest's Renditebaustein.
Quantifiable outcome
- 4.5% p.a. current interest rate on security component deposits
- +4 more outcomes
Companies that use Allvest
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles3 records
Allvest technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Allvest partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- Sparkasse HannovercoreFirst bank partnership where Sparkasse Hannover (Germany's 6th largest savings bank by balance sheet, approximately 700,000 customers) offers Allvest through its internet banking portal. The cooperation enables Sparkasse Hannover customers to access Allvest's digital pension and investment product directly through the bank's digital channels. Integration uses Allianz standard interfaces connected to Sparkasse Hannover's internet banking frontend.
- Allianz SEcoreParent company and strategic partner. Allianz SE founded Allvest GmbH as a 100% subsidiary in 2019. Provides the full ecosystem including the underlying insurance product (Allianz Lebensversicherungs-AG), investment management expertise, brand, and distribution infrastructure. Supervisory board includes Dr. Günther Thallinger (Allianz SE Board Member), Bernd Heinemann, Dr. Thomas Wiesemann, and Dr. Andreas Wimmer.
- Allianz Lebensversicherungs-AGcoreThe insurance company and risk carrier for Allvest's pension insurance product. Germany's leading provider of pension insurance with 271 billion EUR in capital investments (as of Dec 31, 2025) and over 10 million customers. Provides the Sicherungsvermögen (security component) that forms the guaranteed portion of each customer's investment.
- Allianz Investment Management SEcoreResponsible for the entire capital investments of the Allianz Group including the Sicherungsvermögen of Allianz Lebensversicherungs-AG. Manages over 750 billion EUR in assets (as of Sep 30, 2025) with a global network of 500 investment specialists. Serves as expert for Allvest's passive investment strategy, selecting ETFs and index funds and determining allocation changes.
- Allianz Global Investors GmbHcoreLeading multi-asset manager trusted with over 591 billion EUR (as of Dec 31, 2025) by institutional investors, retail clients, and Allianz. Approximately 700 investment specialists worldwide. Serves as portfolio manager for Allvest's active investment strategy using actively managed investment funds to generate returns above market benchmarks.
Scale indicators9 records
Recent moves8 records
Expansion highlights5 records
Allvest competitors and assessment
Company assessmentDirect peers
- Ottonova: Digital-first German private health and pension insurance provider. Directly comparable as a digital-native insurance intermediary targeting the same German retail customer with a similar 100% online onboarding and mobile-first cockpit experience.
- Getsafe: Digital insurance broker in Germany with a mobile app covering multiple life and P&C lines. Comparable as a direct-to-consumer digital insurance intermediary, and notably also acquired into the Allianz family, creating an internal strategic overlap.
- Friday Insurance: Baloise-owned German digital insurer offering mobile-first car and home insurance products. Comparable as a digital-first insurance brand in Germany competing for the same digitally affine retail customer.
Broad incumbents
- CosmosDirekt: Generali-owned direct insurer and Germany's largest direct life insurer. Comparable as a broad incumbent offering direct-to-consumer life and pension insurance products outside the traditional agent channel.
- Allianz Lebensversicherungs-AG: Underlying risk carrier and parent product manufacturer for Allvest. Operates the broader traditional and unit-linked pension insurance portfolio that Allvest's digital product is layered on top of.
- Munich Re: Global reinsurer and primary Munich-based insurance group. Comparable as a major German-headquartered life and health insurance ecosystem player with overlapping institutional asset management capabilities.
Emerging players
- Hannoversche: German mutual insurer increasingly focused on direct and digital pension insurance products. Comparable as a mid-sized German life insurer competing for digitally savvy retirement savers.
- Alte Leipziger: German mutual insurance group offering modernized unit-linked and hybrid pension insurance products. Comparable as a traditional German life insurer with a digitally enhanced pension offering.
- Volkswohl Bund: German mutual insurer offering modern pension insurance and occupational provision products. Comparable as a mid-sized German life insurer with a comparable retail pension focus.
Others
- Clark: German digital insurance broker app aggregating life, health, and P&C products. Comparable as an adjacent digital intermediary enabling customers to manage and switch insurance products online, competing for the same digital-first customer wallet.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Allvest social profiles
Digital presenceAllvest financial estimates
Financial estimateRevenue estimate
Valuation estimate
Allvest leadership team
Management profileNumber of profiles
Profiles7 records
Allvest funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Allvest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Allvest
What does Allvest do?
Allvest is a fully digital hybrid pension insurance product marketed in Germany by Allvest GmbH (a 100% Allianz SE subsidiary). It combines a Sicherheitsbaustein (security component) currently earning 4.5% p.a. interest with a Renditebaustein (return component) invested via passive ETFs or actively managed funds, allowing customers to select 60%, 80%, or 90% capital guarantees at maturity. The product is contracted, managed, and serviced 100% online through the website, mobile apps, and a customer cockpit.
Is Allvest a public or private company?
Allvest is a private company. It is classified as corporate owned and is currently operating.
When was Allvest founded?
Allvest was founded in 2019. It employs 11 to 50 people.
Where is Allvest based?
Allvest is headquartered in Munich, Germany, in the Europe region.
How does Allvest make money?
One revenue line is on record: insurance Premium Revenue.
Who are Allvest's main competitors?
Direct peers on record are Ottonova, Getsafe and Friday Insurance. Broad incumbents are CosmosDirekt, Allianz Lebensversicherungs-AG and Munich Re. Emerging players are Hannoversche, Alte Leipziger and Volkswohl Bund. Clark is listed as an others.
Does Allvest have an API?
No public API is recorded for Allvest.
What industry is Allvest in?
Allvest's product category is Digital Pension Insurance. Its primary akta.pro industry code is FSAIABAB, Universal Life (UL) Insurance. Its NAICS code is 52421 and its SIC code is 6311.