CoMetec

What CoMetec does

CoMetec is a Dutch private execution organization (uitvoeringsorganisatie) that administers income-insurance and social-arrangement schemes arising from collective labor agreements (cao's) in three covered industries: Metal & Technology (Metaal en Techniek), Motor Vehicles & Bicycle Businesses (Motorvoertuigen- en Tweewielerbedrijven), and Petrol Stations & Car Wash Businesses (Tankstations en Wasbedrijven). The company issues contribution invoices to employers in those sectors and handles the administrative execution of schemes including WIA (work-ability) benefits, operating as a regulated, sector-specific intermediary between employers, the industry insurer NV schade, and the relevant industry councils (Vakraad and Bedrijfsraad).

The core product surface consists of an in-house polisadministratie (policy administration) system and claimafhandeling (claim processing) platform, delivered to employers and insured individuals through the Mijn CoMetec digital portal (mijn.cometec.nl). Authentication is layered on the Dutch government-approved eHerkenning system at the EH3 reliability level (mandatory since 15 May 2024), with Auth0 providing OAuth2 identity management. The broader technology stack is modern and Azure-centric: C# 14 with ASP.NET Core 10 and Entity Framework Core on the back-end, React (Vite or Next.js) on the front-end, Azure SQL Database with T-SQL, and supporting services including App Service, Container Apps, Static Web Apps, API Management, Application Gateway, Key Vault, Blob Storage, Managed Identities, Entra ID, Azure DevOps, and Synapse Analytics. An IT team of approximately 15 colleagues owns development through the full lifecycle.

CoMetec generates revenue through recurring employer contributions for cao social arrangements, invoicing employers in its three covered industries and administering the resulting benefits. The go-to-market is sales-led and B2B, with distribution through direct employer relationships, the self-service Mijn CoMetec portal, industry councils (Vakraad, Bedrijfsraad), and authorized administration offices that operate via ketenmachtiging on eHerkenning. The model is structurally captive: covered employers are required by cao to use CoMetec, providing high revenue predictability but capping organic growth to the evolution of the underlying sectoral employment base, regulatory scope, and fee or contribution terms negotiated under each cao.

Name

CoMetec

Legal name

CoMetec

Website

https://cometec.nl

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

51–100 employees

Short description

CoMetec is a Dutch private execution organization that administers cao-mandated income insurance and social arrangements for employers in the Metal & Technology, Motor Vehicles & Bicycle, and Petrol Stations & Car Wash industries, delivering policy administration, claims processing, and the Mijn CoMetec employer portal.

Ownership category

akta.pro rank

Product category

Social Insurance Administration

NAICS

Health and Welfare Funds (525120), Administrative and Support Services (561)

akta.pro primary industry

Benefits Administration & Enrollment Support (BPAAAIAB)

akta.pro secondary industry

Benefits Administration (BPACAPAC)

Keywords

• Social scheme administration
• Income insurance services
• Cao contribution management
• WIA benefits administration
• Employer contribution billing

Headquarters

HQ city

The Hague

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Employer Contributions for Social Arrangements: CoMetec receives contributions from employers for cao (collective labor agreement) arrangements in the Metal and Technology, Motor Vehicles and Bicycle Businesses, and Petrol Stations and Car Wash Businesses industries. They invoice employers for these contributions and handle the administrative execution of social arrangements.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

CoMetec is the execution organization for income insurances and social arrangements in the Dutch Bedrijfstak Metaal en Techniek (Metal and Technology), Motorvoertuigen- en Tweewielerbedrijven (Motor Vehicles and Bicycle Businesses), and Tankstations en Wasbedrijven (Petrol Stations and Car Wash Businesses) industries. The company invoices employers for cao (collective labor agreement) contributions and performs the administrative execution of social arrangements — including WIA benefits — that flow from those cao's, exposing these services through the Mijn CoMetec digital portal.

Product overview

CoMetec is an execution organization for income insurance and social schemes operating across the Metal and Technology, Motor Vehicles and Bicycle Businesses, and Gas Stations and Car Wash Industries. The company's offering centers on Mijn CoMetec, a digital customer portal for policy administration (polisadministratie) and claims handling (claimafhandeling). CoMetec handles premium billing for employers, administers social schemes including WIA benefits, and provides digital solutions for employers and employees in the covered industries. The organization works in partnership with Vakraad, Bedrijfsraad, and NV schade (the industry insurer for Metal, Technology, and Automotive sectors).

Differentiator

Problem solved

Functional benefit

Products and services

• Mijn CoMetec Digital Self-Service Portal Digital self-service portal where employers and authorized administrators securely access, view, and manage their social-scheme data — including contributions, policy administration, and claims information — using eHerkenning (minimum EH3) for authentication. Offered with a view-only service level ('Gegevens inzien') and a full-management service level ('Gegevens beheren') and intended as the operational interface between CoMetec and the employers / administration offices it serves.
• Cao Contribution Invoicing and Administration Recurring invoicing and administrative handling of employer contributions for collective labor agreement (cao) social arrangements in the Dutch Bedrijfstak Metaal en Techniek, Motorvoertuigen- en Tweewielerbedrijven, and Tankstations en Wasbedrijven industries. For each employer in the covered cao's, CoMetec issues the contribution invoice and administers the resulting funds, relieving the employer of the in-house administration of these sector-specific contributions.
• WIA and Other Social-Arrangement Administration Administrative execution of social arrangements flowing from the relevant cao's when an employee enters a benefit situation, including processing of WIA (Work and Income according to Labour Capacity Act) benefits and other cao-mandated social schemes for workers in the covered Dutch industries. CoMetec handles the back-office administration from intake through ongoing case management, with employer-facing status visible in the Mijn CoMetec portal.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• NV schadecoreOthersNV schade is the insurer for the Metal, Technology, and Automotive industries. CoMetec works with NV schade for premium collection and damage insurance administration. NV schade announced that all premium percentages for 2026 will remain the same.
• VakraadcoreStrategic or Co-development PartnerVakraad is an industry council that CoMetec partners with for serving the Metal and Technology, Motor Vehicles and Bicycle Businesses, and Petrol Stations and Car Wash Businesses industries.
• BedrijfsraadcoreStrategic or Co-development PartnerBedrijfsraad is an industry council that CoMetec collaborates with for industry representation and service delivery.
• eHerkenningcoreTechnology or IntegrationeHerkenning is a government-approved digital identity verification system used by CoMetec for secure employer authentication. Since May 15, 2024, eHerkenning with minimum EH3 level is required for logging into Mijn CoMetec. eHerkenning is managed by the Dutch government and various certified suppliers.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• a.s.r. Dutch insurance group offering income protection, WIA-related group insurance, and employee benefit products to Dutch employers; competes for the employer benefit-spend wallet though it underwrites risk rather than just executing cao arrangements.
• ADP Nederland: Global HR services and payroll BPO provider operating in the Netherlands; competes for the same employer customer base on administrative outsourcing, with broader capabilities but less industry-specific cao expertise.
• UWV (Uitvoeringsinstituut Werknemersverzekeringen): Dutch government agency that administers employee insurances including WIA at national level; not a direct competitor but the overarching execution body whose frameworks and reforms shape CoMetec's operating environment.
• PGGM: Dutch cooperative pension and benefit administrator for the healthcare sector, performing fund administration, claims processing, and participant services — analogous capabilities to CoMetec but anchored in a different vertical.
• APG: Largest Dutch pension and benefits administrator (running ABP and others), offering broad HR and benefit administration capabilities for large employee populations; comparable in benefits-administration scale, though pension-focused.

Direct peers

• SD Worx: European HR, payroll, and benefits administration provider with a sizable Dutch footprint; comparable in offering outsourced employer administration, including benefits and statutory compliance support.
• Visma Raet: Major Dutch HR and payroll SaaS/BPO provider serving Dutch employers with personnel administration and benefit-related workflows; overlaps with CoMetec's employer-facing administration mandate, though focused on general HR rather than industry cao execution.
• Sazas: Dutch execution organization administering WIA/WGA and related social arrangements for multiple industry caos, mirroring CoMetec's model of invoicing employers, processing claims, and operating as a designated uitvoeringsorganisatie.

Emerging players

• Loket: Dutch payroll and HR administration platform serving SMEs with payroll, benefits, and personnel workflows; an emerging competitor in the employer-administration layer CoMetec operates in, though without CoMetec's industry-specific designation.

Regional players

• Stichting Bedrijfstakpensioenfonds voor de Metaal en Techniek (PMT): Dutch industry pension fund for Metal and Technology — the same vertical CoMetec serves — administering sectoral benefits and providing a comparable employer-facing execution role within a different benefit type.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cometec-mt

Revenue estimate

Valuation estimate

Number of profiles

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 CoMetec