Precura

What Precura does

Precura is a Belgian mutual insurer (onderlinge verzekeraar) founded in 1953 that underwrites guaranteed income (income protection) insurance for self-employed professionals and liberal professions in Belgium. The company's core product is the Precura policy, which pays daily indemnities ranging from €50 to over €500 when insured members become unable to work due to illness, accident, or psychological conditions such as burnout, with benefits valorized at 2.5% annually after one year of recognized disability and coverage extending to age 65 or 67. The portfolio is structured into four vertical solutions—legal, medical, financial, and liberal professions—and includes the Prevoca collective sub-brand for professional associations, Prevoca Office for group/organizational coverage, Precura Pro for company-paid turnover coverage, and an Omzetverzekering add-on that protects fixed costs and revenue during disability. Two embedded support services differentiate the offering: a Disability Case Manager (Filip Ringoot) that handles administrative paperwork during claims, and a 24/7 anonymous psychological helpline (Rehalto-Ecoute) staffed by qualified psychologists.

Precura generates revenue through annual insurance premiums, with tax-deductible treatment for both individuals and companies (effectively halving the net cost for top-bracket taxpayers). As a mutual, profits are not distributed to external shareholders but reinvested into member benefits, product development, and provisions. Distribution is dual-channel: collective policies are embedded into professional association membership fees (anchor partners include OVB with over 10,800 lawyers, Balie Brussel, Fedabb, Orde Van Vlaamse Architecten, Mederi, NVKVV, VBVV, and the Nationale Kamer Gerechtsdeurwaarders), while direct individual and office-level policies are sold through two named expert contacts—Peter Van der Speeten for Dutch-speaking clients and Géraldine Jacobs for French-speaking clients—operating exclusively in the Belgian market.

Name

Precura

Legal name

OVV verzekeringen PRECURA Assurances AAM

Website

https://precura.be

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

11–50 employees

Short description

Precura is a Belgian mutual insurer founded in 1953 that underwrites guaranteed income insurance for self-employed professionals and liberal professions, distributed primarily through collective partnerships with legal, medical, financial, and other professional associations across Belgium.

Ownership category

akta.pro rank

Product category

Income Protection Insurance

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411), Finance and Insurance (52)

SIC

Accident & Health Insurance (6321), Insurance Carriers, Nec (6399)

akta.pro industry

PRIMARYFSAIAKAF

Voluntary/Worksite Critical Illness & Hospital Indemnity (Employee-Paid)

Financial & Insurance/Insurance — Life & Health/Critical Illness & Hospital Indemnity Insurance

SECONDARYFSAIAKAG

Guaranteed Issue & Simplified Issue Critical Illness/Hospital Indemnity

Financial & Insurance/Insurance — Life & Health/Critical Illness & Hospital Indemnity Insurance

Keywords

• Guaranteed income insurance
• Income protection insurance
• Disability insurance
• Liberal professions insurance
• Mutual insurance

Headquarters

HQ city

Grimbergen

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Premium-based insurance: Precura generates revenue through insurance premiums for guaranteed income policies. As a mutual insurer (onderlinge verzekeraar), profits are reinvested into improving member conditions, building provisions, and expanding products and services rather than distributed to shareholders.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Precura is a Belgian mutual insurer that provides guaranteed income (gewaarborgd inkomen) insurance products to self-employed professionals and liberal professions. It sells individual, collective, and office-level income protection policies covering lawyers, doctors, accountants, architects, and other independent workers against loss of income due to illness, accident, burnout, or depression. The portfolio is complemented by revenue/turnover insurance for companies and support services including a Disability Case Manager and a 24/7 psychological helpline.

Product overview

Precura is a mutual insurer specializing in collective and individual income protection insurance (gewaarborgd inkomen/revenu garanti) for Belgian self-employed professionals and liberal professions. The product portfolio centers on Precura as the core policy, supplemented by Precura Pro for business-entity turnover protection, Prevoca as a collective insurance sub-brand for professional associations, and Prevoca Office as a group policy extension for organizations covering partners and staff. The Omzetverzekering (chiffre d'affaires) add-on protects business revenue and fixed costs during disability. All insurance products are complemented by the Disability Case Manager (DCM) service providing personalized administrative support, and REHALTO-Écoute, a 24/7 anonymous psychological helpline for members. The offering is structured around four professional sectors: legal, medical, financial, and liberal professions, with policies available as individual, collective (via professional associations), or office-level subscriptions.

Differentiator

Problem solved

Functional benefit

Brands

• Prevoca: Collective income protection insurance developed for professional associations and federations, offering basic coverage with optional extensions.
• Prevoca Office
• Precura Pro
• Omzetverzekering (Chiffre d'affaires)

Products and services

• Precura (Gewaarborgd Inkomen / Revenu Garanti) Primary individual and collective guaranteed income insurance policy covering medical, legal, financial, and liberal professions against loss of income due to illness or accident. Provides daily indemnities (typically €50–€500+), coverage until age 65 or 67, 2.5% annual valorization of indemnities after one year of recognized disability, and optional coverage of hospitalization days during the waiting period.
• Precura Pro Turnover/business revenue insurance for self-employed professionals and business managers operating within a company structure. The company pays the premium as a business expense and receives the daily indemnities, providing protection against loss of income due to long-term disability.
• Prevoca Collective guaranteed income insurance developed for professional associations and federations. Offers a base guarantee with optional extensions, no age limit for affiliation, hospitalization days covered during the waiting period, and the option for individual supplementary coverage on top of the collective scheme.
• Prevoca Office Group income protection policy for companies, organizations, and professional associations. Covers partners and collaborators with a minimum insured daily indemnity of €50 and maximum total of €500 per day, with configurable amounts for different roles such as trainees, employees, and partners.
• Omzetverzekering (Assurance Chiffre d'Affaires) Business revenue insurance that protects the company's fixed costs (rent, salaries, leasing contracts) and compensates for revenue loss during periods of the insured's disability, ensuring financial continuity for the business.
• Disability Case Manager (DCM) Personalized administrative and therapeutic support service for members during long-term disability. The Disability Case Manager acts as a single point of contact, assists with monthly extension certificates, coordinates professional partner support, and can be engaged preventively when there is a risk of disability.
• REHALTO-Écoute Anonymous 24/7 telephone helpline providing first-line psychological support for members facing existential questions, professional or personal problems. Qualified psychologists are available day and night, accessible to all members free of charge.

Quantifiable outcome

• Only 38% of self-employed in Belgium have guaranteed income insurance, leaving 62% exposed to financial risk
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and major.

• OVB - Orde van Vlaamse BaliescoreChannel Partner/ Reseller/ DistributorThe Flemish Bar Association (OVB) represents over 10,800 lawyers and has partnered with Precura for decades. Precura's guaranteed income insurance is automatically included in the bar association membership fee.
• Balie Brussel (Brussels Bar)coreChannel Partner/ Reseller/ DistributorBrussels Bar Association partners with Precura for collective guaranteed income insurance for Brussels lawyers.
• Rehalto-EcoutecoreStrategic or Co-development PartnerMental health support service available 24/7 to all Precura members. Provides anonymous telephone support with qualified psychologists for professional and personal issues.
• FedabbmajorChannel Partner/ Reseller/ DistributorFederation of Accountants and Bookkeepers partner for guaranteed income insurance for financial professionals.
• Orde Van Vlaamse ArchitectenmajorChannel Partner/ Reseller/ DistributorFlemish Order of Architects partners with Precura for insurance coverage for architects.
• MederimajorChannel Partner/ Reseller/ DistributorHealthcare professional organization partnered with Precura for medical profession insurance coverage.
• VVLEmajorChannel Partner/ Reseller/ DistributorProfessional organization partner for liberal professions insurance coverage.
• Nationale Kamer GerechtsdeurwaardersmajorChannel Partner/ Reseller/ DistributorNational Chamber of Judicial Officers partners with Precura for guaranteed income insurance.
• NVKVVmajorChannel Partner/ Reseller/ DistributorNational Association of Catholic Nurses partners with Precura for nursing profession coverage.
• VBVVmajorChannel Partner/ Reseller/ DistributorFlemish Professional Organization of Midwives partners with Precura for midwife insurance coverage.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Ethias: Belgian mutual insurer offering income protection, life, and non-life products to individuals and professionals. Closely comparable to Precura as a domestically rooted Belgian mutual insurer overlapping in guaranteed income / disability cover for self-employed.
• Vivium: Belgian mutual health insurer offering complementary healthcare and disability cover to individuals and the self-employed. Comparable mutual/cooperative structure and product overlap with Precura in income protection.
• NN Belgium: Belgian life and health insurer with income protection offerings for self-employed professionals. Comparable product scope (disability/income) and Belgian domestic customer base to Precura.
• DKV Belgium: Belgian health and accident insurer offering income protection and hospitalization products to individuals and the self-employed. Comparable product type (sickness/accident income protection) and Belgian market focus.

Broad incumbents

• AG Insurance (Ageas): Largest Belgian insurer offering life, health, and disability/income protection products including guaranteed income for self-employed. Overlaps with Precura across professional segments but operates as a broader, multi-line commercial insurer.
• AXA Belgium: Major Belgian life and health insurer offering disability income and professional expense cover to self-employed. Competes with Precura for the same Belgian liberal-profession customer base but as part of a much broader portfolio.
• Allianz Belgium: Belgian arm of a global insurer offering income protection and group disability products. Comparable to Precura in product type (disability/income insurance) and presence in the Belgian professional market.
• Baloise Belgium: Belgian insurer offering non-life and life insurance products, including income protection for self-employed professionals and SMEs. Comparable as a Belgian-licensed carrier overlapping with Precura in income protection.
• KBC Insurance: Insurance arm of KBC Group providing life, health, and disability/income protection products to Belgian professionals and SMEs. Comparable customer base and product overlap with Precura, distributed via bancassurance.
• Belfius Insurance: Belgian bancassurer offering life, health, and disability cover including guaranteed income for self-employed clients. Comparable Belgian customer base and partial product overlap with Precura.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutu.be/poulx9gpiTg
• LinkedInlinkedin.com/company/verzekeringen-precura-assurances

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Precura