AMMA Insurance
AMMA Insurance (AMMA Verzekeringen) is a Belgian mutual insurance company founded in 1944 that provides professional liability, operational liability, and specialty insurance products exclusively to individual healthcare providers and healthcare institutions in Belgium, serving over 61,000 members.
- Company typePrivate
- Founded1944
- HeadquartersBrussels, Belgium
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What AMMA Insurance does
AMMA Insurance (AMMA Verzekeringen) is a Belgian mutual insurance company founded in 1944 by healthcare providers to serve the Belgian (para)medical sector. Operating from Brussels, AMMA is structured as an onderlinge verzekeringsmaatschappij (mutual insurance association) without shareholders, governed by healthcare providers who sit on the Board of Directors; surpluses are reinvested into better member contract conditions rather than distributed as dividends. The company insures over 61,000 societaries (members) and manages total assets of €250M with technical provisions of €196M as of December 31, 2024.
AMMA's product portfolio centers on BA Beroep (professional liability for individual healthcare providers), offering €5M bodily injury and €250K material damage coverage with a unique 20-year post-termination tail. Institutional products include BA Uitbating variants tailored to hospitals, nursing homes, GP circles (huisartsenkringen), after-hours posts (wachtposten), community health centers (wijkgezondheidscentra), and private clinics. Complementary lines include AMMA Hospi (hospitalization), AMMA Auto, fire & theft, personal liability, guaranteed income, hunting liability, aggression protection, and legal assistance. In October 2024, AMMA launched Belgium's first dedicated cyber insurance for hospitals in partnership with Relyens.
The business runs on a hybrid distribution model combining direct regional advisors, the MyAMMA self-serve digital portal (with itsme authentication), and a dedicated broker portal (Makelaarszone). Technology integrations include ProGezondheid for automated RIZIV social status dossier transmission and partnerships with Carglass/Autoglass Clinic for auto claims servicing. AMMA is part of the worldwide P.I.A.A. and Europa Medica mutual insurance networks covering 1 million+ healthcare providers globally, holds National Bank of Belgium recognition under Solvency II, and has reported positive annual balances every year since 1993.
AMMA Insurance firmographics
Firmographics- Name
- AMMA Insurance
- Legal name
- AMMA Verzekeringen
- Website
- https://amma.be
- Company type
- Private
- Founded year
- 1944
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- AMMA Insurance (AMMA Verzekeringen) is a Belgian mutual insurance company founded in 1944 that provides professional liability, operational liability, and specialty insurance products exclusively to individual healthcare providers and healthcare institutions in Belgium, serving over 61,000 members.
- Ownership category
- akta.pro rank
AMMA Insurance industry classification
Industry- Product category
- Professional Liability Insurance
- NAICS
- Insurance Carriers (5241), Direct Health and Medical Insurance Carriers (524114)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399), Accident & Health Insurance (6321)
- akta.pro primary industry
- Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH)
- akta.pro secondary industry
- Ancillary & Supplemental Health Products (Accident/Critical Illness/Hospital Indemnity) (HLAEABAJ)
Keywords
Where AMMA Insurance is headquartered
LocationHeadquarters
- HQ city
- Brussels
- HQ country
- Belgium
- HQ region
- Europe
Offices1 record
Markets served
AMMA Insurance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Insurance Premiums - Medical Professional Liability: Core revenue from professional liability insurance (B.A. Beroep) for healthcare providers, representing more than 50% of total collection. Premiums are collected annually with coverage extending up to 20 years post-contract for claims arising from incidents during the policy period.
- Property and Casualty Insurance: Additional insurance products including auto, fire & theft, hospitalization, guaranteed income, personal liability, and accident insurance generating recurring premium revenue.
- RIZIV Package Administration: Administration of social advantages from RIZIV (Belgian health insurance institute) for healthcare professionals, channeling government subsidies into insurance products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | STARTPLUS Package for New Graduates |
| Subscription | Annual | RIZIV Social Advantages Package |
| Subscription | Annual | Hunting Liability Insurance |
| Subscription | Annual | Aggression Insurance Add-on |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
AMMA Insurance product offering
Product offeringCore offering
AMMA Insurance is a Belgian mutual insurance company that provides professional liability (BA Beroep) and operational liability (BA Uitbating) insurance to individual healthcare practitioners and healthcare institutions. Founded in 1944 and headquartered in Brussels, the company serves more than 61,000 healthcare providers across Belgium with premium income exceeding €44 million annually, focused exclusively on the healthcare liability segment.
Product overview
AMMA Insurance is a mutual insurance company founded in 1944 by healthcare providers for the healthcare sector. It operates as a platform-plus-modules structure offering specialized insurance products for healthcare professionals and institutions. Core products include BA Beroep (professional liability insurance) for individual healthcare providers and BA Uitbating (operational liability) for various healthcare institutions including hospitals, nursing homes, GP circles, and community health centers. Additional products include hospitalization (AMMA Hospi), auto, fire & theft, personal liability, hunting liability, guaranteed income, personal accidents, and legal assistance. The STARTPLUS package offers bundled essential insurances at discounted rates for recent graduates. The RIZIV-pakket enables conventionalized healthcare providers to finance insurance via RIZIV social advantages. In October 2024, AMMA launched a cyber insurance product in partnership with Relyens, the first specific cyber insurance for Belgian hospitals. AMMA insures over 61,000 healthcare providers and manages insurance premiums of approximately €44 million (2024).
Differentiator
Problem solved
Functional benefit
Brands
- STARTPLUS: Special insurance package for young graduates in healthcare with attractive discounts during the first insurance year.
- RIZIV-pakket
- AMMA Hospi
- AMMA Cyberoplossing
Products and services
- BA Beroep (Professional Liability Insurance)
Quantifiable outcome
- 11% of Belgian hospitals experienced cyber incidents in 2022, highlighting the need for specialized cyber coverage launched by AMMA and Relyens
Companies that use AMMA Insurance
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles2 records
AMMA Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature3 records
AMMA Insurance partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RelyenscoreAMMA Insurance and Relyens launched the first specific cyber insurance for Belgian hospitals. Relyens, a European mutual insurance group specialized in risk management for healthcare providers and communities, contributes cyber risk expertise while AMMA provides access to the Belgian healthcare market. The partnership includes 24/7 crisis management support with multidisciplinary expert teams. AMMA is the exclusive distributor of this cyber insurance product in Belgium.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
AMMA Insurance competitors and assessment
Company assessmentDirect peers
- Relyens: Relyens is a European mutual insurance group specialized in risk management for healthcare providers and communities. It is the most direct peer — a French-headquartered mutual with deep expertise in medical professional liability, and is in fact AMMA's partner on the Belgian hospital cyber insurance product.
- MACSF (Mutuelle d'Assurance du Corps de Santé Français): MACSF is a French mutual insurer exclusively serving healthcare professionals, offering professional liability and personal insurance products. It mirrors AMMA's mutual-by-healthcare-providers model in a much larger French market, making it the closest structural analogue.
- MediRisk: MediRisk is a Dutch mutual insurer providing liability coverage for healthcare institutions, particularly hospitals. It is a direct peer in the Benelux healthcare liability market with a comparable institutional focus.
- Medical Protection Society (MPS): MPS is a UK-headquartered mutual providing professional protection and support to doctors and healthcare professionals worldwide. It is a direct peer in medical professional liability with the same mutual, member-driven structure as AMMA.
- Medical Defense Union (MDU): The MDU is a UK mutual offering professional liability and medico-legal support to doctors, dentists, and other healthcare professionals. It competes with MPS and is structurally comparable to AMMA's mutual health-professional insurer model.
- SHAM (now part of Relyens): SHAM is a French mutual insurer historically focused on medical professional liability for healthcare establishments and professionals. Now integrated into Relyens, it remains a direct structural peer for hospital and provider liability cover in Europe.
Broad incumbents
- AXA Belgium: AXA Belgium is one of the country's largest general insurers with significant P&C, health, and life offerings that overlap with several AMMA product lines. It competes broadly for healthcare professional and institutional accounts rather than specializing in healthcare.
- AG Insurance (Ageas): AG Insurance is Belgium's largest insurer with a full P&C, life, and health portfolio. It serves healthcare professionals among many other segments and competes with AMMA across multiple product lines as a broad incumbent.
- DVV / Vivium (KBC Group): DVV (part of KBC Group) is a major Belgian insurance brand offering auto, home, liability, and health products. It competes with AMMA in the broader Belgian personal and professional insurance market without specializing in healthcare.
- Baloise Belgium: Baloise Belgium is a Swiss-headquartered insurer active in the Belgian P&C and life market. It is a broad incumbent that offers overlapping insurance products and competes for Belgian healthcare professional accounts without specializing in the sector.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
AMMA Insurance social profiles
Digital presenceAMMA Insurance compliance and trust
Trust signalCompliance5 records
AMMA Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
AMMA Insurance leadership team
Management profileNumber of profiles
AMMA Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AMMA Insurance 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 AMMA Insurance
What does AMMA Insurance do?
AMMA Insurance is a Belgian mutual insurance company that provides professional liability (BA Beroep) and operational liability (BA Uitbating) insurance to individual healthcare practitioners and healthcare institutions. Founded in 1944 and headquartered in Brussels, the company serves more than 61,000 healthcare providers across Belgium with premium income exceeding €44 million annually, focused exclusively on the healthcare liability segment.
Is AMMA Insurance a public or private company?
AMMA Insurance is a private company. It is classified as management employee owned and is currently operating.
When was AMMA Insurance founded?
AMMA Insurance was founded in 1944. It employs 51 to 100 people.
Where is AMMA Insurance based?
AMMA Insurance is headquartered in Brussels, Belgium, in the Europe region.
How does AMMA Insurance make money?
Three revenue lines are on record. Insurance Premiums - Medical Professional Liability is the primary driver. The others are property and Casualty Insurance and RIZIV Package Administration.
Who are AMMA Insurance's main competitors?
Direct peers on record are Relyens, MACSF (Mutuelle d'Assurance du Corps de Santé Français), MediRisk, Medical Protection Society (MPS), Medical Defense Union (MDU) and SHAM (now part of Relyens). Broad incumbents are AXA Belgium, AG Insurance (Ageas), DVV / Vivium (KBC Group) and Baloise Belgium.
Does AMMA Insurance have an API?
No public API is recorded for AMMA Insurance.
What industry is AMMA Insurance in?
AMMA Insurance's product category is Professional Liability Insurance. Its primary akta.pro industry code is FSAJANAH, Professional Umbrella / Excess (E&O/D&O Wrap), with a secondary code of HLAEABAJ, Ancillary & Supplemental Health Products (Accident/Critical Illness/Hospital Indemnity). Its NAICS code is 5241 and its SIC code is 6331.