Hienfeld

What Hienfeld does

Hienfeld (operating entity: W.A. Hienfeld B.V.; parent: W.A. Hienfeld Holding B.V.) is a privately held Dutch specialist insurance underwriting agency (assuradeurenbedrijf), founded in 1874 in Amsterdam and headquartered in Diemen with a secondary office in Rotterdam. The company operates under powers of attorney from 24+ insurance carriers — including Nationale-Nederlanden (since 1889), ASR (1935), Achmea (1986), Lloyd's (1972), Gothaer (1979), and more recent additions such as HDI Global and Everest (both 2021) — enabling it to underwrite across a wide spectrum of niche classes that mainstream insurers do not productize. Its product portfolio spans both business lines (Group Accident, Travel, Art, Cyber, D&O, Professional Indemnity/BAV, Drones, Loss of Money, Fraud, WEGAS, K&R, Instruments) and private lines (Yacht / Xcellent Yacht, Renaissance package, Private Art, Holiday Homes/Second Home, Classic Car, Instruments, Personal Accident, Annual Travel). Notable technical components include an in-house claims department with personal-injury handling (uncommon for underwriting agencies), a Hienfeld Travel Assistance App, digital document dispatch via Solera's TIME mailbox, and ISO 27001:2022 certified information security.

Hienfeld generates revenue through premium commissions and underwriting fees on policies bound under its carriers' capacity, distributed exclusively through independent professional insurance brokers and intermediaries (with no direct-to-consumer channel), plus an additional distribution leg through Nationale-Nederlanden's volmacht (authorized-agent) channel for Group Accident risks exceeding NN's criteria. End customers range from multinationals, ministries, museums, and yacht owners to self-employed professionals, private art collectors, and classic-car hobbyists — all reached via the broker channel rather than direct. The company is AFM-supervised (registration 12003685), privately held under fourth-generation Botter family ownership (since 1905), and operates with a headcount in the 101-250 range across underwriting, finance, ICT, back office, and claims functions. Its stated mission is "to be the best in Niches in the insurance industry," delivered through tailor-made coverage, in-house expert claims, multi-carrier flexibility, and exclusive partnerships (notably Control Risks for K&R crisis response).

Name

Hienfeld

Legal name

W.A. Hienfeld B.V.

Website

https://hienfeld.nl

Company type

Private

Founded year

1874

Operating status

Operating

Headcount range

101–250 employees

Short description

Hienfeld is a Dutch specialist insurance underwriting agency (est. 1874) operating under powers of attorney from 24+ carriers to deliver tailor-made niche policies — including Group Accident, Art, Yacht, K&R, Cyber, Drones, and Classic Car — exclusively through independent insurance brokers in the Netherlands and adjacent EEA markets.

Ownership category

akta.pro rank

Product category

Specialty Insurance Underwriting

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Other Insurance Related Activities (52429)

SIC

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

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industry

Title Insurance & Underwriting (BPAJAOAA)

Keywords

• Specialty insurance underwriting
• Niche insurance brokerage
• Professional indemnity coverage
• Group accident insurance
• Fine art insurance

Headquarters

HQ city

Diemen

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

Revenue model

1. Insurance Underwriting (Premium Income): Hienfeld acts as an underwriting agency (assuradeurenbedrijf) accepting risks on behalf of insurance carriers under powers of attorney. Revenue is generated via premium commissions and underwriting fees on niche insurance policies issued to end customers through professional intermediaries. Covers both business lines (Group Accident, Travel, Art, Cyber, D&O, Professional Indemnity, Drones, Money, Fraud, K&R, etc.) and private lines (Yacht, Renaissance, Art, Holiday Homes, Classic Car, Instruments, Annual Travel).
2. Professional Indemnity / BAV Premium Commission: Commission-based revenue on Professional Indemnity (Beroepsaansprakelijkheid / BAV) underwriting for self-employed professionals and regulated professions including accountants, lawyers, architects, tax advisors, consultants, etc.
3. High-Value Yacht Insurance Underwriting (Xcellent Yacht Insurance): Premium commission on exclusive yacht insurance for pleasure craft valued from €100,000 and super yachts, including P&I (Protection & Indemnity) cover.
4. Nationale-Nederlanden Volmacht Group Accident Distribution: Cooperation with NN since 11 May 2021 distributing Hienfeld Group Accident policies via NN's authorized agents (volmachten) for risks exceeding NN's underwriting criteria.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Hienfeld is a Dutch specialty insurance underwriting agency (assuradeurenbedrijf) that designs and underwrites niche insurance policies on behalf of 24+ insurance carriers under powers of attorney. It sells exclusively through independent professional insurance brokers and intermediaries, offering tailor-made coverage across business lines (Group Accident, Travel, Art, Cyber, Professional Indemnity, D&O, Drones, Money, Fraud, K&R, WEGAS) and private lines (Yacht, Renaissance, Art, Holiday Homes, Classic Car, Instruments, Annual Travel). The company runs its own underwriting, finance, ICT, back office, and claims handling including personal injury (letselschade).

Differentiator

Problem solved

Functional benefit

Brands

• Xcellent Yacht Insurance: Hienfeld's branded yacht insurance product line for pleasure craft (also offered as 'Xcellent Super Yacht Insurance' for larger vessels).
• Renaissance

Products and services

• Group Accident Insurance (Business) Specialist group accident insurance for businesses of all sizes covering employees against accident consequences, including war and terrorism options and tailored international coverage. Designed for companies, multinationals, ministries, governments, foundations, universities, schools and sports federations where group accident cover is positioned as a 'good employer' obligation and mandatory in some sectors.
• Business Travel Insurance Business travel insurance for employees on international and domestic trips, including war and terrorism coverage options, medical and luggage cover, and integration with the Hienfeld Travel Assistance App for 24/7 emergency assistance and alarm center contact.
• Business Art Insurance All-risk art insurance for museums, art galleries, corporate and government collections and art/antiques dealers. Provides worldwide cover, on-location and in-transit protection, and expert claims handling for cultural heritage organisations.
• Cyber Insurance Cyber insurance for businesses covering digital, data and network-related risks. Positioned within Hienfeld's niche business insurance portfolio for organisations needing cover beyond mainstream cyber offerings.
• Professional Indemnity Insurance (Beroepsaansprakelijkheid / BAV) Professional indemnity cover for self-employed professionals and regulated professions including accountants, lawyers, architects, tax advisors, consultants, ICT firms, brokers and other advisors. Covers pure financial loss from professional errors, with retroactive cover and extended reporting period. Often mandatory for regulated professions or contractually required by clients and governments.
• Commercial Drone Insurance Commercial drone insurance covering liability and hull for operators of commercially used drones with current value up to EUR 25,000. Compliant with EU Drone Regulation EC785/2004 and offered with Dutch-language conditions and claims handling.
• Loss of Money Insurance (Geld) Insurance covering loss of money for businesses, including money in transit and on premises. Includes an attractive premium discount when combined with fraud cover at two or more branches.
• Fraud Insurance Fraud insurance covering financial losses from fraudulent acts against or by employees and third parties, designed for businesses and integrated into Hienfeld's niche commercial portfolio.
• Business Yacht / Pleasure Craft Insurance Yacht and pleasure craft insurance for commercial owners including protection and indemnity (P&I) cover for crewed and charter operations, MLC 2006 compliance support, and partnerships with LoJack and Watersportbeveiliging.com for security.
• WEGAS (Werknemers Schadeverzekering) WEGAS is a Dutch employee damage insurance (Werknemers Schadeverzekering) covering damage caused by employees during the course of their work for employers needing specialist cover for this exposure.
• Business Instruments / Equipment Insurance Insurance for business instruments and equipment including medical ultrasound/AEDs, measuring equipment, photo equipment and musical instruments, providing broader cover than standard inventory insurance with worldwide all-risk protection on-location and in transit.

Quantifiable outcome

• Exclusive K&R crisis response backed by Control Risks' experience with more than 2,600 kidnapping and extortion cases in more than 100 countries
• +3 more outcomes

Segments15 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

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

• Control RisksflagshipStrategic or Co-development PartnerExclusive partnership with Control Risks — described as one of the world's most experienced and foremost crisis consultants — to provide crisis response for Hienfeld's Kidnap & Ransom (Corporate Protection Insurance, HIE CPI2021) product. Control Risks brings experience with more than 2,600 kidnapping and extortion cases in more than 100 countries. Coverage is worldwide for companies whose employees travel to or stay in risk countries, firms with overseas offices, or firms facing elevated extortion risk, plus private individuals at risk due to reputation or assets.
• LoJack BeneluxminorStrategic or Co-development PartnerHienfeld collaborates with LoJack Benelux, the market leader in recovery systems and tracking devices, to provide attractive discounts on boat and classic-car security products to policyholders. LoJack is installed by Benelux Installation Professionals (official installation partner) at competitive rates. Co-branded landing pages exist on hienfeld.nl (e.g., /lojack, /lojack-classic-car).
• Watersportbeveiliging.comminorStrategic or Co-development PartnerHienfeld partners with Watersportbeveiliging.com — described as the specialist in boat and car security — to offer certified locks, cables and T&T systems with attractive discounts for yacht and classic-car policyholders. LoJack also uses this partner for various offers. A dedicated co-branded page exists at /watersportbeveiliging on hienfeld.nl.
• KNRM (Royal Netherlands Sea Rescue Institution)minorGTM or Marketing PartnerHienfeld maintains a charity partnership / donor relationship with KNRM — the Royal Netherlands Sea Rescue Institution (200+ years of service). Hienfeld offers a KNRM/Hienfeld action page (actie.knrm.nl/hienfeld) and promotes the KNRM app. KNRM donors receive benefits such as sailing on a lifeboat, the magazine 'The Lifeboat', and free admission to the National Rescue Museum Dorus Rijkers.
• Solera (TIME mailbox platform)coreTechnology or IntegrationHienfeld uses Solera's TIME mailbox system (via an EMS number) for the secure digital exchange of policies, invoices and messages with insurance brokers/intermediaries. Solera provides notifications for advisors whose software does not natively process the TIME mailbox. Hienfeld point of contact: Gerda Beijer ([email protected], 020 5 469 405).
• Nationale-Nederlanden Schadeverzekering Maatschappij N.V.coreChannel Partner/ Reseller/ DistributorSince 11 May 2021, Nationale-Nederlanden expanded its product range for authorized agents (volmachten) with Group Accident Insurance in cooperation with W.A. Hienfeld B.V. A VPI manual is available at NN for premium calculation for NN authorized agents. Group accident policies exceeding NN's underwriting limits/criteria are submitted to Hienfeld for extension or new insurance. Hienfeld has held a power of attorney from NN since 1889.
• Achmea Schadeverzekeringen N.V. h.o.d.n. Avéro AchmeaminorStrategic or Co-development PartnerInsurance carrier granting Hienfeld a power of attorney for underwriting since 1986. Listed among Hienfeld's risk bearers representing a 'highly qualified' spectrum of insurance companies.
• ASR Schadeverzekering N.V.minorStrategic or Co-development PartnerInsurance carrier granting Hienfeld a power of attorney for underwriting since 1935. Listed among Hienfeld's risk bearers.
• Lloyd's Underwriters LondonminorStrategic or Co-development PartnerInsurance market granting Hienfeld a power of attorney for underwriting since 1972 — the longest-standing specialist capacity partner for niche classes including Kidnap & Ransom and Art.
• Gothaer Allgemeine Versicherung AGminorStrategic or Co-development PartnerGerman insurance carrier granting Hienfeld a power of attorney for underwriting since 1979. Listed among Hienfeld's risk bearers.
• HDI Global Specialty SEminorStrategic or Co-development PartnerSpecialty insurer granting Hienfeld a power of attorney for underwriting since 2021. Listed among Hienfeld's risk bearers.
• MS Amlin Insurance SEminorStrategic or Co-development PartnerInsurance carrier granting Hienfeld a power of attorney for underwriting since 2012. Listed among Hienfeld's risk bearers.
• Chubb European Group SEminorStrategic or Co-development PartnerInsurance carrier granting Hienfeld a power of attorney for underwriting since 2012. Listed among Hienfeld's risk bearers.
• ARAG SEminorStrategic or Co-development PartnerLegal-expenses insurance carrier granting Hienfeld a power of attorney for underwriting since 2015. Listed among Hienfeld's risk bearers.
• AIG Europe S.A.minorStrategic or Co-development PartnerInsurance carrier granting Hienfeld a power of attorney for underwriting since 2016. Listed among Hienfeld's risk bearers.
• Hiscox S.A.minorStrategic or Co-development PartnerSpecialty insurer granting Hienfeld a power of attorney for underwriting since 2016. Listed among Hienfeld's risk bearers.
• Hamilton Insurance DACminorStrategic or Co-development PartnerSpecialty insurer granting Hienfeld a power of attorney for underwriting since 2016. Listed among Hienfeld's risk bearers.
• Zurich Insurance plcminorStrategic or Co-development PartnerInsurance carrier granting Hienfeld a power of attorney for underwriting since 2019. Listed among Hienfeld's risk bearers.
• Utmost PanEurope dacminorStrategic or Co-development PartnerInsurance carrier granting Hienfeld a power of attorney for underwriting since 2019. Listed among Hienfeld's risk bearers.
• Allied World Assurance Company (Europe) DACminorStrategic or Co-development PartnerSpecialty insurer granting Hienfeld a power of attorney for underwriting since 2018. Listed among Hienfeld's risk bearers.
• Axis Specialty Europe SEminorStrategic or Co-development PartnerSpecialty insurer granting Hienfeld a power of attorney for underwriting since 2018. Listed among Hienfeld's risk bearers.
• DUPI Underwriting Agencies B.V.minorStrategic or Co-development PartnerUnderwriting agency granting Hienfeld a power of attorney since 2017. Listed among Hienfeld's risk bearers.
• XL Insurance Company SEminorStrategic or Co-development PartnerInsurance carrier granting Hienfeld a power of attorney for underwriting since 2017. Listed among Hienfeld's risk bearers.
• Lloyd's Insurance Company S.A.minorStrategic or Co-development PartnerEuropean Lloyd's vehicle granting Hienfeld a power of attorney for underwriting since 2019. Listed among Hienfeld's risk bearers.
• Mobile GARANTIE Deutschland GmbH (on behalf of Helvetia Schweizerische Versicherungsgesellschaft AG)minorStrategic or Co-development PartnerInsurance capacity granted through Mobile GARANTIE on behalf of Helvetia since 2020. Listed among Hienfeld's risk bearers.
• ERGO Beratung und Vertrieb AGminorStrategic or Co-development PartnerInsurance carrier granting Hienfeld a power of attorney for underwriting since 2020. Listed among Hienfeld's risk bearers.
• Everest Insurance (Ireland) Designated Activity CompanyminorStrategic or Co-development PartnerSpecialty insurer granting Hienfeld a power of attorney for underwriting since 2021. Listed among Hienfeld's risk bearers.
• Werkgroep Bergwijkpark DiemenminorOthersHienfeld is a participant in the Bergwijkpark Diemen Working Group, actively involved in a safe working environment and neighborhood — referenced in Hienfeld's Corporate Social Responsibility statement.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• MeesRisicobeheer: Dutch specialist underwriting agency operating under powers of attorney from multiple carriers. Direct comparable to Hienfeld's model of distributing niche insurance through Dutch intermediaries with multi-carrier capacity.
• DUPI Underwriting Agencies: Rotterdam-based underwriting agency also granting powers of attorney to Hienfeld and operating a similar Dutch multi-carrier niche underwriting model. Closest comparable in scale, structure and broker-channel focus.
• Ansvar Verzekeringsmaatschappij: Dutch niche insurance carrier focused on charity, education and care sectors via the broker channel. Comparable niche-specialist positioning with intermediary distribution, though operating as a carrier rather than pure underwriting agency.
• Klaverblad Verzekeringen: Dutch mid-market insurer selling through independent intermediaries with a niche-product focus. Overlaps with Hienfeld on professional indemnity, accident and travel lines via the broker channel.
• Turien & Co. Assuradeuren: Dutch specialist underwriting agency (assuradeurenbedrijf) distributing through independent brokers, with similar multi-carrier powers of attorney and niche-product focus. Closely comparable in size, structure and intermediary-only distribution model.

Broad incumbents

• Nationale-Nederlanden: Major Dutch insurance carrier and Hienfeld's largest distribution partner since 1889. Comparable in product breadth (group accident, travel) but at much larger scale and via direct + volmacht channels; NN uses Hienfeld for niche overflow.
• ASR Nederland: Large Dutch insurer that has granted Hienfeld a power of attorney since 1935. Competes in the same niche classes (accident, art, professional indemnity) but at materially greater scale and product breadth.
• Hiscox: Global specialty insurer with Dutch operations, capacity partner to Hienfeld since 2016. Competes in fine art, professional indemnity and D&O — the same high-end niches where Hienfeld operates but with international scale and direct broker relationships.
• Chubb: Global specialty insurer with Dutch presence; capacity partner to Hienfeld since 2012. Overlaps on art, accident, professional indemnity and high-net-worth lines but sells directly to brokers and large corporate accounts.
• Aon (Netherlands): Global insurance broker with major Dutch practice. Buys and places specialty coverage on behalf of clients, including niche lines that overlap with Hienfeld's product set (art, K&R, D&O). Complementary in channel position rather than directly competitive.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/hienfeld

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Hienfeld