Volkswohl Bund

What Volkswohl Bund does

Volkswohl Bund is a German mutual insurance association (Versicherungsverein auf Gegenseitigkeit) headquartered in Dortmund, founded in 1919 and operating under BaFin supervision. Its product portfolio spans private and occupational pensions (Privatrente, Basisrente, Riester-Rente, Betriebliche Altersversorgung), biometric and disability cover (Berufsunfähigkeit, Grundfähigkeit, Erwerbsunfähigkeit, Unfall), property and casualty lines (Hausrat, Privathaftpflicht, Tierhalterhaftpflicht, Kfz, Wohngebäude), commercial cover for SMEs (Betriebshaftpflicht, Geschäfts-Inhalt), and consumer/investor real estate financing under the Die Dortmunder brand, with ESG-aligned investment options bundled into the NEXT line and fund/index-linked pensions FONDS MODERN, FONDS PUR and KLASSIK MODERN.

The group is built around VOLKSWOHL BUND Lebensversicherung a.G. (the mutual) and VOLKSWOHL BUND Sachversicherung AG, with wholly-owned subsidiaries Dortmunder Lebensversicherung AG, prokundo GmbH and SECUNDA Unterstützungskasse. The technical platform is a conventional insurance-services stack: online tariff calculators (Tarifrechner VB[ON], FONDS FITTERY), an offline PC quotation program (PC-Angebotsprogramm), a comprehensive broker portal (Vertriebsraum), an E-Auskunft customer self-service portal, and the DIGiDOR digital sales-marketing platform; no AI/ML capabilities, public APIs or proprietary models are disclosed.

Volkswohl Bund generates revenue predominantly through recurring insurance premiums across life, biometric and P&C lines, supplemented by transaction-based interest income from the Immobilienfinanzierung mortgage book. Pricing is risk-based and quote-driven rather than publicly disclosed. Distribution is exclusively indirect, operating as a Maklerversicherer through approximately 14,000 self-employed independent brokers, multi-agents and financial advisors across Germany, supported by the Deutsche Makler Akademie that the company co-founded; it serves approximately 2 million insured individuals plus SME customers, with no publicly named enterprise anchor accounts.

Name

Volkswohl Bund

Legal name

VOLKSWOHL BUND Lebensversicherung a.G.

Website

https://volkswohl-bund.de

Company type

Private

Founded year

1919

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Volkswohl Bund is a German mutual insurance association (Versicherungsverein auf Gegenseitigkeit) founded in 1919, offering life, biometric, property/casualty and SME commercial cover, plus real estate financing, distributed exclusively through ~14,000 independent brokers to approximately 2 million insured customers across Germany.

Ownership category

akta.pro rank

Product category

Mutual Insurance and Pension Services

NAICS

Direct Life Insurance Carriers (524113), Direct Property and Casualty Insurance Carriers (524126)

SIC

Life Insurance (6311), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Universal Life (UL) Insurance (FSAIABAB)

akta.pro secondary industries

Whole Life Insurance (FSAIABAA), Variable Universal Life (VUL) Insurance (FSAIABAD), Long-Term Disability (LTD) Insurance (FSAIAIAD)

Keywords

• Life insurance
• Pension products
• Occupational disability insurance
• Property and casualty insurance
• Commercial insurance

Headquarters

HQ city

Dortmund

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Lebensversicherung (Life Insurance): Premium income from private pension insurance (Privatrente), basic pension (Basisrente), Riester-Rente, occupational pension schemes (bAV), and capital life insurance products. Products include KLASSIK MODERN, FONDS MODERN, FONDS PUR, and classic annuity products.
2. Sachversicherung (Property/Casualty Insurance): Premium income from household insurance (Hausrat), personal liability (Privathaftpflicht), vehicle insurance (KFZ), accident insurance, pet owner liability, and commercial insurance products (Gewerbeversicherung).
3. Biometrie-Produkte (Biometric Insurance): Income from occupational disability (Berufsunfähigkeit), basic disability (Grundfähigkeit), work incapacity (Erwerbsunfähigkeit), and risk life insurance products.
4. Immobilienfinanzierung (Real Estate Financing): Interest income from consumer and investor loans for property financing, offered through the Die Dortmunder brand.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

VOLKSWOHL BUND is a mutual insurance association providing life insurance, pension products, biometric income protection, and property/casualty insurance to individuals and small/medium-sized enterprises in Germany. It distributes through approximately 14,000 independent broker partners and serves around 2 million insured persons. The product portfolio includes private pension (Privatrente), Riester-Rente, Basisrente, occupational company pensions (bAV), occupational disability, accident, household contents, liability, motor vehicle, and commercial insurance products.

Product overview

Volkswohl Bund is a mutual insurance association (Versicherungsverein auf Gegenseitigkeit) offering a comprehensive insurance and retirement portfolio through multiple brands. The core offering includes retirement provisions (Privatrente, Basisrente, Riesterrente, Betriebliche Altersversorgung), income protection (Berufsunfähigkeit, Grundfähigkeit, Erwerbsunfähigkeit, Unfall), and property insurance (Hausrat, Haftpflicht, Kfz, Gewerbe). Fund-based pension products (FONDS MODERN, FONDS PUR, KLASSIK MODERN, DURCHBLICK, FONDS FITTERY) are offered under the NEXT sustainable investment line. The group comprises VOLKSWOHL BUND Lebensversicherung a.G., VOLKSWOHL BUND Sachversicherung AG, Die Dortmunder Lebensversicherung AG, and subsidiary prokundo GmbH. The company operates as a broker insurer (Maklerversicherer) distributing through approximately 14,000 independent sales partners across Germany.

Differentiator

Problem solved

Functional benefit

Brands

• NEXT: ESG-based pension and investment product line under EU Sustainable Finance Disclosure Regulation (SFDR) Article 8 and 9, offering sustainable fund investments for retirement planning.
• BU MODERN
• FONDS MODERN
• FONDS PUR
• KLASSIK MODERN
• PROKUNDO
• Die Dortmunder

Products and services

• Privatrente Private pension insurance that secures policyholders' current standard of living for retirement, offering flexible pension start dates, attractive surpluses, and guaranteed pensions with optional add-ons for nursing care protection.
• Basisrente Basic pension (Rürup pension) offering tax-advantaged retirement savings with flexible contribution increases and top-ups up to the maximum limit.
• Betriebliche Altersversorgung (bAV) Company pension scheme allowing employees to strengthen their retirement provision with employer contributions and tax advantages.
• Riesterrente Riester pension providing guaranteed monthly retirement payments for life with state subsidies and tax benefits.
• BU MODERN (Berufsunfähigkeitsversicherung) Occupational disability insurance providing income protection when policyholders can no longer work due to health reasons, including simplified health examination options for homebuyers, families, and practice financing.
• Grundfähigkeitsversicherung (PLAN D) Basic abilities insurance protecting policyholders when they lose fundamental capabilities such as seeing, hearing, speaking, or walking.
• Erwerbsunfähigkeitsversicherung Insurance providing benefits when policyholders become unable to work and earn income.
• Unfallversicherung Accident insurance providing financial protection when accidents result in injuries or disability.
• Hausratversicherung Household contents insurance protecting movable property in the home against fire, water damage, storm, theft, and other risks. Offered through the prokundo brand.
• Privathaftpflichtversicherung Personal liability insurance covering damages caused to third parties in private life.
• Tierhalterhaftpflichtversicherung Animal owner liability insurance protecting against damages caused by pets such as dogs or horses.
• Kfz-Versicherung Motor vehicle insurance providing liability, comprehensive, and partial coverage for vehicles, including 24/7 hotline access for policyholders.
• Betriebshaftpflichtversicherung Business liability insurance protecting companies against financial consequences of property damage, personal injury, and financial loss claims arising from business activities.
• Geschäfts-Inhalt-Versicherung Business contents insurance protecting business owners against financial losses from damage to goods, products, and business equipment.
• FONDS MODERN Fund-based pension combining capital market opportunities with flexible guarantees, allowing policyholders to participate in fund performance while maintaining protection through an innovative safety system that adjusts fund allocation when markets are turbulent.
• FONDS PUR Flexible fund-based retirement savings with diverse fund selection from secure to growth-oriented, including optional 10-50% guarantee and guaranteed annuity factor.
• KLASSIK MODERN Classic pension combined with index participation, offering security of savings plus guaranteed pension payments with opportunity to participate in DAX, EURO STOXX 50, DAX Risk Control 10, or MSCI World SRI index performance.
• Risikolebensversicherung (RÜCKHALT) Risk life insurance from Die Dortmunder offering financial security for dependents, with three packages (Starter, Partner, Planer) and optional living benefit for serious illness.
• Wohngebäudeversicherung Building insurance protecting homes against fire, water damage, storm, and other perils, combinable with elemental damage coverage.
• Immobilienfinanzierung Real estate financing for consumers and investors including consumer loans, investor loans, and mortgage financing with favorable terms. Offered through the Die Dortmunder brand.
• Pflegeversicherung Nursing care insurance providing protection and additional benefits in case of care dependency.
• Risikorente Risk pension providing financial protection for dependents in case of death.
• Ausbildungsvorsorge Education savings plan securing financial support for children's education and training.
• Vermögenswirksame Leistungen (VL) Savings investments with employer contributions for employees to build wealth.
• DURCHBLICK ETF-based pension account described as the alternative to ETF savings plans, offering simplicity, digital access, flexibility plus insurance protection and tax advantages.
• FONDS FITTERY Customized fund-based pension with tailored fund boxes to fit individual retirement needs.
• NEXT (Nachhaltigkeitslinie) ESG-based retirement product line allowing policyholders to invest in funds considering ecological and social characteristics per EU Disclosure Regulation (SFDR) Article 8 and 9.

Quantifiable outcome

• Approximately 2 million people insured across Germany
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Deutsche Makler Akademie (DMA)coreStrategic or Co-development PartnerVOLKSWOHL BUND is co-founder and supporter of the Deutsche Makler Akademie, which provides high-quality education and training for insurance brokers, financial advisors, real estate brokers, and multi-agents. The comprehensive program is specifically designed for the insurance and financial industry.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HUK-COBURG: Large German mutual insurance group (Versicherungsverein auf Gegenseitigkeit) offering life, P&C, and health products through independent brokers; directly comparable in mutual ownership, broker-channel distribution, and full-spectrum German retail focus.
• DEVK Versicherungen: German mutual insurer serving retail and SME customers with life, P&C, and disability cover through independent agents — a closely aligned mutual/broker model with a similar German regional footprint.
• Signal Iduna Gruppe: German mutual insurance group (Versicherungsverein auf Gegenseitigkeit) covering life, health, P&C and pensions for retail and SME clients through tied and independent brokers; comparable in mutual structure and German product breadth.
• LVM Versicherung: Mutual insurer based in Münster with ~4M members, distributing through tied agents and brokers across life, P&C, health, and disability; comparable mutual structure and broker-led distribution with overlapping German retail and SME segments.
• Alte Leipziger Versicherung: German mutual insurer specializing in life, disability, and pension products distributed via brokers and independent advisors; very close overlap on BU and Riester/Basisrente product lines serving German retail customers.
• Debeka Versicherung: Largest German mutual insurance group, dominant in life, health, and P&C through a tied-agent network; comparable mutual model and scale of insured members, with overlapping life and BU product categories.
• R+V Versicherung: German cooperative-backed insurer (DZ Bank group) offering life, P&C, and biometrics to retail and SME customers through bank and broker channels; strong product overlap with Volkswohl Bund's mutual-style savings/bAV positioning.
• VHV Versicherung: German mutual insurer focused on construction and commercial P&C plus personal lines distributed via brokers; significant overlap in broker-distributed P&C and commercial insurance offerings to German SMEs.
• Gothaer Versicherung: German mutual insurer offering life, P&C, and health distributed primarily through independent brokers and tied agents; comparable in full-stack German insurance offering and broker-led distribution.

Broad incumbents

• Allianz Deutschland: Largest German insurer with full life, P&C, health and asset-management offerings across multiple channels including brokers; broader and listed competitor serving the same retail/SME demographic that Volkswohl Bund targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCgBRlr1BZPWCgMSlrOKY9mg
• Facebookfacebook.com/volkswohlbund
• LinkedInde.linkedin.com/company/volkswohl-bund-versicherungen
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Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 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 Volkswohl Bund