MetallRente

What MetallRente does

MetallRente GmbH is Germany's largest sector-based pension fund (Branchenversorgungswerk), founded in 2001 as a joint institution (gemeinsame Einrichtung) by the employer association Gesamtmetall and the trade union IG Metall to deliver supplementary retirement and occupational disability provision for employees in the metal and electrical industry. The company operates as a B2B2C Versorgungswerk, reaching employees through tariff-based employer agreements with more than 50,000 customer companies across over 200 industries; insurance products are underwritten and administered through a consortium of four major German life insurers, with Swiss Life as consortium leader for occupational disability (AKS), Allianz handling bAV and Riester administration, and R+V and ERGO as additional consortium partners.

The product portfolio is organized around three pillars: occupational retirement provision (Betriebliche Altersvorsorge) delivered via Direktversicherung, Pensionsfonds (MetallPensionsfonds), and Unterstützungskasse vehicles; state-subsidized private pension (MetallRiester); and occupational disability protection comprising Berufsunfähigkeitsversicherung, Grundfähigkeitsversicherung (MetallGrundfähigkeitsschutz Vital in KOMFORT and PREMIUM variants covering 30 and 45 basic abilities), and Pflegeversicherung. Investment options range from the conservative GARANTIE (100% safety-reserve-backed) and PROFIL choices to capital-market-linked CHANCE 80 and CHANCE 90 products with sustainability criteria; risk monitoring and life-cycle (maturity) de-risking are built into the MetallPensionsfonds. Policyholder protection is statutory: Protektor AG guards against insurer insolvency and PSVaG against employer insolvency, with BaFin supervision across all products.

The business model is fee- and contribution-based: recurring monthly premiums flow from employer salary-conversion contributions, individual contributions, and state subsidies (Grundzulage up to EUR 540/year, Kinderzulage up to EUR 300/year, Berufseinsteigerbonus EUR 200), with revenue captured through consortium administration fees and modest AUM-based charges. As of year-end 2024, MetallRente administered approximately 1.12 million contracts covering over 1 million insured persons, generated EUR 78.51M in new contributions (+2.73% YoY), and signed 60,647 new contracts. Operations run lean from Berlin headquarters (Rotherstraße 7) under joint Managing Directors Hansjörg Müllerleile and Kerstin Schminke (since January 2022), supported by a wholly-owned shared-services subsidiary (MetallRente Services GmbH), partner firm BRAINWORXX (digital implementation), 1&1 Telecommunication SE (hosting), and research partner Verian for the annual youth study.

Name

MetallRente

Legal name

MetallRente GmbH

Website

https://metallrente.de

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

MetallRente is Germany's largest sector-based pension fund, delivering occupational retirement, Riester, and occupational disability insurance to over 1 million insured persons across 50,000+ employer companies and 200+ industries through a four-insurer consortium model headquartered in Berlin.

Ownership category

akta.pro rank

Product category

Occupational Pension and Disability Insurance

NAICS

Pension Funds (525110), Pension Funds (52511), Insurance and Employee Benefit Funds (5251), Other Insurance Funds (525190)

SIC

Life Insurance (6311), Insurance Carriers, Nec (6399)

akta.pro primary industry

Pensions, Benefits & Retirement Disbursements (FSAMAKAI)

akta.pro secondary industry

Key Person Disability Insurance (FSAIAIAK)

Keywords

• Occupational pension schemes
• Riester pension plans
• Occupational disability insurance
• Basic ability protection
• Long-term care insurance

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Betriebliche Altersvorsorge (Company Pension): Monthly contributions from employers and employees for occupational retirement provision. Contributions can be made from gross salary (up to tax and social security exemption limits per §3 No.63 EStG). The company acts as a Versorgungswerk managing contracts with insurance consortium partners.
2. Private Arbeitskraftabsicherung (Private Occupational Disability Insurance): Individual private insurance products for occupational disability, basic ability protection, and nursing care insurance. Premium contributions from individuals for personal coverage of work capacity risks.
3. Riester-Rente (State-Subsidized Private Pension): Private retirement provision with state subsidies including basic allowance (up to 540 EUR/year), children's allowance (up to 300 EUR/year), and career starter bonus (200 EUR one-time for under-25s). Minimum annual contribution of 120 EUR for state support eligibility.
4. Insurance Administration Fees: As a Versorgungswerk, MetallRente earns fees through consortium arrangements with leading life insurers (Swiss Life as consortium leader, Allianz, R+V, ERGO) for providing and administering pension and insurance products.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

MetallRente is Germany's largest sector pension fund (Branchenversorgungswerk), offering supplementary occupational retirement provision (Betriebliche Altersvorsorge), Riester state-subsidized private pensions, and occupational disability, basic ability, and long-term care insurance to employees and employers primarily in the metal, electrical, steel, IT, wood, plastics, and textile industries. Products are delivered through a consortium of four leading life insurers (Swiss Life, Allianz, R+V, ERGO) under tariff agreements established by the social partners Gesamtmetall and IG Metall.

Product overview

MetallRente is Germany's largest sector pension fund (Branchenversorgungswerk), established by Gesamtmetall and IG Metall in 2001. The product portfolio centers on three core areas: occupational pension provision (Betriebliche Altersvorsorge) via Direktversicherung, Pensionsfonds, and Unterstützungskasse; private Riester-Rente with state subsidies; and occupational disability protection products including Berufsunfähigkeitsversicherung, Grundfähigkeitsversicherung (MetallGrundfähigkeitsschutz Vital in KOMFORT/PREMIUM variants), and Pflegeversicherung. Additional offerings include the MetallPensionsfonds for capital market investments and the upcoming Altersvorsorgedepot launching 2027. All products are delivered through a consortium of major life insurers (Swiss Life as lead, Allianz, R+V, ERGO) and backed by tariff partners. The company serves over 1 million insured persons across metal, electrical, steel, textile, IT, wood, and plastics industries.

Differentiator

Problem solved

Functional benefit

Brands

• MetallRiester: Private Riester-Rente product offering with state subsidy benefits and special conditions for retirement savings.
• MetallDirektversicherung
• MetallGrundfähigkeitsschutz Vital
• MetallBerufsunfähigkeitsschutz
• MetallPensionsfonds
• CHANCE 80
• CHANCE 90

Products and services

• Betriebliche Altersvorsorge (Occupational Pension) Employer-sponsored retirement provision allowing employees to supplement their statutory pension through salary conversion arrangements under German tax and social security exemption limits (§3 No.63 EStG). Delivered via three implementation pathways—Direktversicherung, Pensionsfonds, and Unterstützungskasse—and supported by state subsidies and employer contributions. Targeted at employers and employees of the German metal, electrical, steel, IT, wood, plastics, and textile industries.
• MetallRiester (Private Riester-Rente) State-subsidized private retirement pension offering Grundzulage (basic allowance up to 540 EUR/year), Kinderzulage (children's allowance up to 300 EUR/year), and Berufseinsteigerbonus (200 EUR one-time for under-25s). Minimum annual contribution of 120 EUR required for state support eligibility; average annual contribution of 1,236 EUR per contract in 2024. Underwritten and administered by Allianz as consortium partner.
• MetallBerufsunfähigkeitsschutz (Occupational Disability Insurance) Insurance product providing a monthly pension when the policyholder can no longer perform their current profession due to illness or accident, paying out after six months of at least 50% disability. Available privately (Mitgliedsmodell) and as an employer/occupational product, with optional add-on modules including Psyche-Option, BU-Wechseloption, Berufe-Option, Schwere-Krankheiten-Option, and ArbeitsunfähigkeitsRente. Underwritten by Swiss Life as consortium lead.
• MetallGrundfähigkeitsschutz Vital Individual and occupation-independent financial protection covering up to 45 basic physical, mental, and psychological abilities. KOMFORT covers 30 basic abilities without psychological health questions; PREMIUM covers 45 basic abilities. Full disability pension is paid upon loss of any one insured ability. Top-rated by Morgen & Morgen.
• Pflegeversicherung (Long-term Care Insurance) Insurance product providing financial protection when the policyholder requires care due to illness or accident, available as a standalone Pflegerente product or as an add-on module on disability policies. Rated by IVFP (Institut für Vorsorge und Finanzplanung) and independent rating agencies. Underwritten by Swiss Life, R+V, and ERGO in the consortium.
• MetallPensionsfonds Capital-market-based pension fund featuring daily risk monitoring, safety buffers built from returns, and a lifecycle/maturity management strategy that shifts investments from higher-risk to lower-risk asset classes as retirement approaches (starting at age 57). 100% contribution guarantee under the BZML model. 38,669 new direct insurance contracts and 19,130 new pension fund contracts were sold in 2024.
• Direktversicherung (Direct Insurance) Occupational pension pathway where insurance contracts are concluded directly between the employer and the insurance provider, allowing employees to convert part of gross salary into employer- and state-supported retirement contributions up to tax and social security exemption limits. Underwritten and administered by Allianz within the MetallRente consortium.
• Unterstützungskasse (Support Fund) Occupational pension implementation vehicle giving employers flexibility in funding and benefit promise fulfilment, with potential for higher returns than traditional insurance products. Used by employers in MetallRente consortium industries seeking employer-funded or hybrid occupational benefit structures.
• Altersvorsorgedepot (Retirement Savings Depot) A new state-subsidized private retirement savings system with simplified funding logic, offering Grundzulage (basic allowance up to 540 EUR/year), Kinderzulage (children's allowance up to 300 EUR/year), and Berufseinsteigerbonus (200 EUR one-time payment for under-25s). Designed as a successor product to the existing Riester-Rente with streamlined administration.

Quantifiable outcome

• Average statutory disability pension is only 1,044 EUR/month, while MetallRente occupational disability insurance provides full pension upon loss of one basic ability regardless of government benefits.
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

13 partnerships are on record, tiered core, major and minor.

• Gesamtmetall (Federation of German Employers' Associations in the Metal and Electrical Industry)coreStrategic or Co-development PartnerCo-founding tariff partner of MetallRente alongside IG Metall. Represents employer interests in the metal and electrical industry. Participates in governance through advisory board (Beirat) and investment committee (Kapitalanlageausschuss). Founded MetallRente in 2001 to provide supplementary retirement and disability coverage for industry employees.
• IG Metall (United Metalworkers' Union)coreStrategic or Co-development PartnerCo-founding tariff partner of MetallRente alongside Gesamtmetall. Represents worker interests in the metal and electrical industry. Participates in governance through advisory board and investment committee. Ensures tariff-compliant products that benefit union members.
• Swiss Life Lebensversicherung SEcoreTechnology or IntegrationConsortium leader for MetallRente occupational disability insurance (AKS) products including Berufsunfähigkeitsversicherung, Grundfähigkeitsversicherung, and Pflegeversicherung. Underwrites and administers individual disability and nursing care insurance policies. Swiss Life serves as the primary insurer for private occupational disability coverage.
• Allianz Lebensversicherungs-AGcoreTechnology or IntegrationConsortium partner for MetallRente company pension (bAV) and Riester products. Underwrites and administers direct insurance contracts (Direktversicherung) and Riester pension policies. Serves as mailing address for existing bAV and Riester contract matters.
• R+V VersicherungmajorTechnology or IntegrationConsortium partner providing occupational disability insurance products within the MetallRente consortium. Part of the four-insurer consortium that guarantees high security for MetallRente products.
• ERGO GroupmajorTechnology or IntegrationConsortium partner providing occupational disability insurance products within the MetallRente consortium. Part of the four-insurer consortium ensuring product diversity and security.
• Protektor AG (Protektor Lebensversicherungs-AG)coreOthersJoint security mechanism of German life insurers. For the unlikely event that one of the MetallRente consortium life insurers becomes insolvent, Protektor AG guarantees policyholders will receive their pension payments. This is a statutory guarantee mechanism for the German insurance industry.
• Pensions-Sicherungs-Verein (PSVaG)coreOthersStatutory pension insurance protection association (Bundesvereinigung der Deutschen Arbeitgeberverbände). Protects occupational pension beneficiaries in case of employer insolvency. If an employer becomes insolvent, pension fund (Pensionsfonds) contracts are transferred to PSVaG, which ensures continued pension payments for life.
• Bundesanstalt für Finanzaufsicht (BaFin)coreOthersFederal Financial Supervisory Authority that supervises MetallRente products and ensures the organization can meet its obligations. All MetallRente products require BaFin approval and regular examination.
• MetallRente Services GmbHmajorImplementation/ SI/ Consulting PartnerSubsidiary company responsible for user administration, usage and order statistics, data security, and technical support for MetallRente. Located at Rotherstraße 7, 10245 Berlin.
• BRAINWORXX GmbHminorImplementation/ SI/ Consulting PartnerTechnical implementation and support provider for MetallRente homepage, eBrochure, and promotional merchandise shop (Give-away-Shop). Based in Braunschweig.
• 1&1 Telecommunication SEminorOthersProvides server hosting services for MetallRente IT infrastructure. All servers used by MetallRente are provided by 1&1.
• Verian (formerly Kantar)majorStrategic or Co-development PartnerResearch institute partnered with MetallRente for the annual 'Jugend, Vorsorge, Finanzen' (Youth, Retirement, Finances) study. Conducts representative surveys of approximately 2,500 young adults aged 17-27 for data collection and analysis.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• HUK-COBURG: Large German mutual insurer offering property, life, health, and occupational disability insurance to private and commercial customers. Comparable as a broad incumbent competitor in BU and life insurance markets served by MetallRente.
• Swiss Life Deutschland: Swiss Life's German subsidiary is the consortium leader underwriting MetallRente's BU/Grundfähigkeit products. Comparable as both a direct life-insurance incumbent competitor and as the dominant consortium partner inside MetallRente's product stack.
• Debeka Krankenversicherungsverein auf Gegenseitigkeit: Germany's largest mutual insurance group offering life, health, private pension, and occupational disability products. Comparable as a broad incumbent in German life and pension insurance with significant occupational and private retirement share.

Direct peers

• Versorgungsanstalt der Deutschen Bühnen: Pension fund for performing arts professionals in Germany, providing retirement, disability, and survivor benefits under sector-specific arrangements. Comparable as a specialized German Versorgungswerk with mandatory membership tied to industry affiliation.
• Bayerische Versorgungskammer: Largest public-sector group pension provider in Germany, administering pension and insurance schemes for multiple professional and municipal groups under public-law framework. Closely comparable in operating a multi-line pension and insurance portfolio with statutory member base.
• Versorgungswerk der Wirtschaft (VddW): Industry-wide pension scheme for German SMEs and the broader economy, also built on social-partner governance. Directly comparable model: collective occupational pension delivered through insurer consortiums with tariff-compliant terms.
• Sparkassen Versorgungskasse: Pension scheme serving employees of the German Sparkassen (savings banks) sector, providing occupational pensions under tariff-based arrangements. Directly comparable as a sector-specific Versorgungswerk tied to a single industry.
• Bayerische Ärzteversorgung: Statutory pension fund for physicians in Bavaria, providing mandatory and supplementary retirement, disability, and survivor benefits. Comparable as a German professional-sector pension scheme serving a defined membership through a Versorgungswerk structure.
• SOKA-BAU: German construction industry's sector pension fund (Branchenversorgungswerk) covering occupational pension, vacation pay, and supplementary benefits for construction workers. Directly comparable to MetallRente as a tariff-based, social-partner-governed sector pension scheme operating in Germany.
• Zusatzversorgungskasse des Baugewerbes (ZVK-BAU): Supplementary pension fund for the German building trades, administering industry-wide occupational pensions for blue-collar workers. Directly comparable Branchenversorgungswerk serving construction employees via collective tariff agreements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/MetallRenteGmbH
• Facebookfacebook.com/metallrente
• LinkedInlinkedin.com/company/metallrente-gmbh
• Instagraminstagram.com/metallrente
• Xx.com/metallrente

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 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 MetallRente