Funk Insurance Brokers
Funk Insurance Brokers AG is a family-owned Swiss insurance broker and risk consultancy serving enterprise clients with risk management, insurance placement, pension, and claims services, plus specialized cyber and care-sector products, distributed through 14+ branch offices and the Funk Alliance global network.
- Company typePrivate
- Founded1986
- HeadquartersZürich, Switzerland
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Funk Insurance Brokers does
Funk Insurance Brokers AG is a privately held, fifth-generation family-owned insurance broker and risk consultancy headquartered in Zurich, Switzerland. The firm designs and implements comprehensive risk management, insurance management, pension, and claims management solutions for enterprise clients across all industries, complemented by specialized offerings including Funk CyberSecure (modular cyber insurance), Funk CyberSecure Pensionskassen (cyber coverage for pension funds), Funk CyberAware (cyber training), the Funk Cyber Risk Calculator (online risk assessment), Funk RiskLink (methodology linking risk and insurance management), and Funk VIVA (solutions for care and social-services institutions). Underlying technology is cloud-first: Microsoft 365 and Azure hosted exclusively in Swiss data centres, private cloud hosting via EveryWare AG across two Tier III data centres in greater Zurich, and SEPPmail for encrypted authenticated email. Funk has held ISO 9001:2015 certification since 1999 and is registered under Article 45 of the Swiss Insurance Oversight Act (IOA).
Funk operates a dual-revenue model earning insurance brokerage commissions on placed policies and fees for professional risk consulting services, with all revenue derived from B2B enterprise clients via direct sales and dedicated relationship managers. The go-to-market is field-sales-led through 14+ named branch offices across Switzerland, Germany, Austria, Liechtenstein, Italy, and China, supplemented by the Funk Alliance — a globally managed broker network of 36 owned offices plus high-calibre partner brokers worldwide, uniquely managed from Germany. Marketing is multi-channel across website, segmented email newsletters (Funk eJournal, eVorsorge, eInternational, eRisk, eVIVA, eHealth), webinars, events, LinkedIn, XING, YouTube, and periodic publications (Funk Journal, Funk Forum, Connected Risks Insights whitepaper). Named customers include Klinik Arlesheim AG, Bardusch AG, HUG AG, Baumer Group, Winter Group, and EVZ, spanning healthcare, textiles, food/hospitality, manufacturing, and sports verticals.
Funk Insurance Brokers firmographics
Firmographics- Name
- Funk Insurance Brokers
- Legal name
- Funk Insurance Brokers AG
- Website
- https://funk-gruppe.ch
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Funk Insurance Brokers AG is a family-owned Swiss insurance broker and risk consultancy serving enterprise clients with risk management, insurance placement, pension, and claims services, plus specialized cyber and care-sector products, distributed through 14+ branch offices and the Funk Alliance global network.
- Ownership category
- akta.pro rank
Funk Insurance Brokers industry classification
Industry- Product category
- Commercial Insurance Brokerage and Risk Consulting
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Risk Management Consulting (Enterprise & Operational Risk) (FSAEADAG)
- akta.pro secondary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
Keywords
Where Funk Insurance Brokers is headquartered
LocationHeadquarters
- HQ city
- Zürich
- HQ country
- Switzerland
- HQ region
- Europe
Offices14 records
Markets served
Funk Insurance Brokers business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Insurance Brokerage Commissions: Funk operates as an insurance broker earning commissions from insurance placements. They design and implement comprehensive risk and insurance solutions for companies across all industries, earning revenue through commissions from insurers on placed policies.
- Risk Consulting Fees: Professional consulting services for risk management, including risk analysis, assessment, and opportunity identification. These advisory services complement the insurance placement revenue.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels10 records
Funk Insurance Brokers product offering
Product offeringCore offering
Funk Insurance Brokers AG is a leading European insurance broker and risk consultant that designs and implements comprehensive risk and insurance solutions for companies across all industries. The firm combines holistic risk consulting, insurance placement, claims management, corporate pension advisory, and specialized cyber risk coverage, distributing these services through a global network of owned offices and alliance partners.
Product overview
Funk Insurance Brokers AG is a leading insurance broker and risk consultant operating as a service-based company rather than a software product company. Their portfolio consists of advisory and brokerage services organized around core offerings: Risk Management (holistic risk consulting), Insurance Management (comprehensive insurance solutions), Pensions (company pension concepts), Claims Management, and specialized solutions including Funk CyberSecure (modular cyber insurance), Funk CyberSecure Pensionskassen (for pension funds), Funk CyberAware (employee training), and Funk VIVA (for care institutions). The Funk Alliance provides international coverage through a global network of 36 offices and partner brokers. Additional offerings include the Funk Cyber Risk Calculator (assessment tool), Funk RiskLink (linking risk and insurance management), and Funk Beyond Insurance (intelligent risk prevention). The Funk Foundation supports research and education in risk management.
Differentiator
Problem solved
Functional benefit
Brands
- Funk CyberSecure: Modular insurance solution for cyber risks, first comprehensive insurance protection for digital reality offered by Funk in Switzerland.
- Funk Alliance
- Funk RiskLink
- Funk CyberAware
- Funk VIVA
Products and services
- Insurance Management Design and implementation of comprehensive risk and insurance solutions for companies across all industries, always geared to the individual needs of the customer.
- Risk Management Holistic risk consulting services including risk analysis, assessment, identification of opportunities, and securing potential for success for companies across all industries.
- Pensions Company pension concepts and consultancy services in all areas of pension provision, focused on long-term benefit for companies.
- Claims Management Management and handling of insurance claims for corporate clients.
- Funk CyberSecure Modular insurance solution for cyber risks, providing comprehensive protection against criminal activities in cyberspace and infrastructure crashes. First broker in Switzerland to offer this level of cyber insurance protection.
- Funk CyberSecure Pensionskassen Specialized cyber insurance coverage designed for pension funds and institutional investors, addressing the unique cyber risk exposures of retirement savings institutions.
- Funk Cyber Risk Calculator Online tool for assessing and calculating cyber risk exposure for companies.
- Funk RiskLink Consulting approach that systematically links risk management with insurance management by checking identified risks for insurability, current insurance status, and alignment of risk valuations with insurance sums and sublimits.
- Funk CyberAware Cyber security awareness and training program for employees, covering essential training and sensitization needs with virtual programs that are time and location independent.
- Funk VIVA Specialized insurance and risk management solutions for institutions serving people with support needs, including liability and legal protection coverage.
- Funk Beyond Insurance Intelligent risk prevention services going beyond traditional insurance solutions.
Quantifiable outcome
- First broker in Switzerland to offer comprehensive cyber insurance protection for digital risks
Companies that use Funk Insurance Brokers
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Funk Insurance Brokers technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Funk Insurance Brokers partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- BELFORcoreBELFOR is a damage recovery partner with RED ALERT® service. When storms, floods, or fires damage production facilities and interrupt supply chains, BELFOR provides rapid and reliable support in damage situations, helping Funk clients minimize business interruption time.
- Microsoft SwitzerlandcoreCloud infrastructure partner providing Microsoft 365 and Azure services exclusively from Swiss data centres. Microsoft Azure Switzerland complies with ISO/IEC 27018, GDPR, SOC 1-3, ISO 27001 and other certifications.
- EveryWare AGcoreIT outsourcing partner with two Tier III data centres in greater Zurich area (over 3,000 m²). Hosts central applications in private cloud. Trusted by around 3,000 companies including banks, insurance companies, and large pension funds.
- ARTISETminorCooperation partner - Federation of service providers for people with support needs. Funk provides insurance solutions and support for ARTISET member institutions including cyber security awareness training and data protection resources.
- Funk Foundation (Funk Stiftung)minorPrivate non-profit foundation founded by Dr. Leberecht Funk and his wife Maritta. Funds scientific and practice-oriented projects in risk management and insurance sector vocational training, and supports cultural projects including classical music.
- Funk AlliancecoreGlobal network managed by Funk offering international customers best recommendations for insurance management, risk consulting, and employee benefit solutions worldwide. The only broker network entirely managed from Germany.
- Ostschweizer Fachhochschule OSTminorResearch partner for a holistic risk management system project for institutions, funded by the Funk Foundation. Partnership with Hochschule Ravensburg-Weingarten.
Scale indicators6 records
Recent moves7 records
Expansion highlights7 records
Funk Insurance Brokers competitors and assessment
Company assessmentDirect peers
- Lockton: World's largest privately-held insurance broker with strong European and global operations. Closely comparable to Funk through its independent ownership model, enterprise risk consulting emphasis, and mid-to-large commercial client focus.
- Howden Group: UK-headquartered independent insurance broker with significant European expansion. Comparable to Funk in independent ownership, specialty and commercial brokerage mix, and emphasis on entrepreneur-led client service for enterprise accounts.
- Arthur J. Gallagher & Co. Growing global broker with a particularly strong European retail brokerage footprint. Directly comparable to Funk in commercial insurance placement, risk management consulting, and employee benefits brokerage for mid-market and enterprise clients.
Broad incumbents
- Marsh (Marsh McLennan): Largest global insurance broker and risk advisor. Competes with Funk for enterprise and multinational placements across Europe, with broader scale, carrier relationships, and consulting capabilities spanning risk, strategy, and people.
- Aon: Global insurance and reinsurance brokerage with strong European presence. Directly competes with Funk in commercial insurance placement, risk consulting, and human capital / employee benefits advisory for large enterprises.
- Willis Towers Watson (WTW): Global advisory, brokerage, and solutions firm with major European insurance brokerage operations. Closely comparable to Funk in commercial insurance placement, risk advisory, and pension/employee benefits consulting for mid-to-large enterprises.
Regional players
- Ecclesia Group: German insurance broker group with a strong focus on social, healthcare, public sector, and church-affiliated institutions. Comparable to Funk's German-speaking DACH footprint and similar enterprise client base, though with a more institutionally skewed portfolio.
- MRH Trowe: German independent insurance broker and risk consultant serving mid-market and enterprise clients. Directly comparable to Funk in DACH focus, independent ownership, and integrated risk management plus insurance brokerage model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Funk Insurance Brokers social profiles
Digital presenceFunk Insurance Brokers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Funk Insurance Brokers leadership team
Management profileNumber of profiles
Profiles14 records
Funk Insurance Brokers subsidiaries and ownership
Company hierarchySubsidiaries2 records
Funk Insurance Brokers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Funk Insurance Brokers 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 Funk Insurance Brokers
What does Funk Insurance Brokers do?
Funk Insurance Brokers AG is a leading European insurance broker and risk consultant that designs and implements comprehensive risk and insurance solutions for companies across all industries. The firm combines holistic risk consulting, insurance placement, claims management, corporate pension advisory, and specialized cyber risk coverage, distributing these services through a global network of owned offices and alliance partners.
Is Funk Insurance Brokers a public or private company?
Funk Insurance Brokers is a private company. It is classified as family owned and is currently operating.
When was Funk Insurance Brokers founded?
Funk Insurance Brokers was founded in 1986. It employs 51 to 100 people.
Where is Funk Insurance Brokers based?
Funk Insurance Brokers is headquartered in Zürich, Switzerland, in the Europe region.
How does Funk Insurance Brokers make money?
Two revenue lines are on record. Insurance Brokerage Commissions are the primary driver. The others are risk Consulting Fees.
Who are Funk Insurance Brokers's main competitors?
Direct peers on record are Lockton, Howden Group and Arthur J. Gallagher & Co.. Broad incumbents are Marsh (Marsh McLennan), Aon and Willis Towers Watson (WTW). Regional players are Ecclesia Group and MRH Trowe.
Does Funk Insurance Brokers have an API?
No public API is recorded for Funk Insurance Brokers.
What industry is Funk Insurance Brokers in?
Funk Insurance Brokers's product category is Commercial Insurance Brokerage and Risk Consulting. Its primary akta.pro industry code is FSAEADAG, Risk Management Consulting (Enterprise & Operational Risk), with a secondary code of FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 524210 and its SIC code is 6411.