Osterreichische Beamtenversicherung

What Osterreichische Beamtenversicherung does

Osterreichische Beamtenversicherung (ÖBV) is an Austrian mutual insurance association organised as a Versicherungsverein auf Gegenseitigkeit (VVaG), founded in 1895 and headquartered at Grillparzerstr. 11, 1010 Vienna. The company offers a full multi-line insurance and financial-planning portfolio spanning life insurance (classic and unit-linked/Fondsveranlagung), children's and youth savings, accident protection, risk and liability cover (including Amts-, Organ- und Dienstnehmerhaftpflicht for public officials), funeral-cost provision, health insurance, legal/home/auto cover, state-subsidised Zukunftsvorsorge, pension annuities, and corporate schemes (Betriebliche Kollektivversicherung, Mitarbeitervorsorge). Its primary target market is Austrian public sector employees across federal, state, and municipal roles — with named occupation segments for railway staff, educators, judiciary/military, and healthcare professions — and it also serves general individual customers and employer groups.

The technology stack centres on the "Meine ÖBV" digital customer portal (meineoebv.com) for online contract management, contribution tracking, and document retrieval, supplemented by the riskine-powered Fondsfinder tool for fund discovery and needs analysis that matches customer data against actuarial and statistical tables. ÖBV operates automated risk and claims evaluation programs using actuarial parameters, and runs web analytics, paid search, and social-media marketing infrastructure through Google, Meta, and LinkedIn. Distribution is multi-channel: an Austria-wide Außendienst (field sales force) with a consultant locator tool, a Partnervertrieb broker network, an inside sales function, and direct digital self-service; partner infrastructure includes Axians ICT Austria (domestic data centre), SKOPOS Connect (surveys), eworx Mailworx (newsletters), and Prescreen International (e-recruiting).

The business model is a recurring-premium subscription: premiums are individually calculated on actuarial risk assessment and billed monthly, with no publicly listed pricing tiers. Revenue is generated from insurance premiums across all product lines and from fund-based investment products, where ÖBV's institutional investor status waives issue charges (Ausgabeaufschlag) for policyholders. As a mutual, ÖBV has no external shareholders — policyholders are simultaneously members and co-owners — so residual surpluses are retained for member benefit rather than distributed as profit. Reinsurance partners are used for selected risks, and the Austrian Financial Market Authority (FMA) provides regulatory oversight, including a trustee that must approve disposals of coverage-fund assets. The wholly-owned subsidiary OBV Selekt Versicherungsagentur GesmbH extends the company's agency footprint, and operations are confined to Austria.

Name

Osterreichische Beamtenversicherung

Legal name

Osterreichische Beamtenversicherung, Versicherungsverein auf Gegenseitigkeit

Website

https://oebv.com

Company type

Private

Founded year

1895

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Osterreichische Beamtenversicherung (ÖBV) is an Austrian mutual insurance company (VVaG) founded in 1895, offering life, health, accident, liability, and pension products to Austrian public sector employees, individuals, and corporate groups through field sales, brokers, and a digital portal.

Ownership category

akta.pro rank

Product category

Mutual Insurance

NAICS

Insurance Carriers (5241), Direct Health and Medical Insurance Carriers (524114), Insurance and Employee Benefit Funds (5251)

SIC

Life Insurance (6311), Accident & Health Insurance (6321), Insurance Carriers, Nec (6399)

akta.pro primary industry

Basic Group Term Life (Employer-Paid) (FSAIADAA)

akta.pro secondary industries

Small Group Health Insurance (2–50/100) (FSAIAFAD), Worksite Supplemental Life Insurance (Voluntary Life) (FSAIAMAF), Group AD&D Insurance (Employer-Sponsored) (FSAIALAA)

Keywords

• Life insurance products
• Mutual insurance association
• Personal liability coverage
• Accident insurance plans
• Pension and savings products

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Core revenue from collecting recurring insurance premiums across life, accident, risk, health, legal, home, and auto insurance products. Premiums are calculated based on actuarial risk assessment.
2. Fund Management / Investment Products: Revenue from fund-based investment products including fondsgebundene Lebensversicherung (unit-linked life insurance), classic life insurance, and combination products. No issue charges (Ausgabeaufschlag) for policyholders due to bulk investor status.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

Osterreichische Beamtenversicherung is an Austrian mutual insurance association (Versicherungsverein auf Gegenseitigkeit) founded in 1895 that sells insurance and financial products including life insurance, personal liability coverage, accident insurance, risk protection, and pension/savings products to public sector employees, general individual customers, and corporate/employer groups in Austria.

Product overview

ÖBV (Österreichische Beamtenversicherung) is an Austrian insurance mutual (Versicherungsverein auf Gegenseitigkeit) offering a comprehensive portfolio of insurance and financial products. The core offering centers on the digital 'Mein ÖBV' customer portal, supplemented by investment products (Fondsveranlagung, Klassische Lebensvorsorge, Kinder- & Jugendvorsorge), risk protection products (Unfallschutz, Risikoversicherung, Begräbniskostenvorsorge, Gesundheitsvorsorge, Recht/Heim/Auto), and retirement planning (Zukunftsvorsorge, Rentenvorsorge). Additional offerings include employer/group insurance (Betriebliche Kollektivversicherung, Mitarbeitervorsorge) and liability coverage for public officials. The Fondsfinder tool enables customers to search and filter available investment funds.

Differentiator

Problem solved

Functional benefit

Products and services

• Life Insurance (Lebensversicherung) Life insurance coverage products for individuals and families, providing death benefit protection and savings/pension components. Targeted at Austrian public sector employees and general individual customers seeking financial protection and long-term savings.
• Personal Liability Insurance (Privathaftpflichtversicherung) Personal liability insurance covering third-party damage claims arising from private life activities. Targeted at individual customers including public sector employees and general Austrian consumers.
• Accident Insurance (Unfallversicherung) Accident insurance providing financial protection in case of accidents resulting in injury, disability, or death. Targeted at individual customers and public sector employees.
• Risk Protection Products Risk protection insurance products covering various personal and financial risks. Targeted at individual customers, public sector employees, and corporate/employer groups.
• Pension and Savings Products (including Fondsfinder) Pension and savings products combining insurance wrappers with investment fund access via the Fondsfinder tool, which offers funds ohne Ausgabeaufschlag (without issue charges). Targeted at individuals seeking retirement savings and supplementary pension provision.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• riskine GmbHcoreTechnology or Integrationriskine GmbH provides the Fondsfinder tool used by ÖBV for fund discovery and needs analysis (Bedarfsanalyse). The tool matches customer data with statistical data to calculate insurance event probabilities and recommend tailored products. ÖBV is a customer of riskine GmbH and uses the tool for product recommendation.
• Axians ICT Austria GmbHcoreTechnology or IntegrationAxians ICT Austria GmbH operates ÖBV's external data center located within Austria. The data center meets all security standards according to the state of the art and stores insurance and health data with high security standards.
• Finanzmarktaufsicht (FMA)coreOthersThe Austrian Financial Market Authority (FMA) is the supervisory authority overseeing ÖBV as a regulated insurance company. A trustee appointed by the FMA must approve any disposal of assets in the coverage fund (Deckungsstock).
• Verband der Versicherungsunternehmen Österreichs (VVO)minorOthersÖBV is a member of the Austrian Insurance Association (VVO), the industry trade body representing insurance companies operating in Austria.
• Reinsurance PartnerscoreOthersÖBV works with reinsurance partners for certain insurance risks, who support ÖBV in risk assessment and claims processing. Data exchange with reinsurers is limited to joint risk and claims assessment within the framework of insurance contract law.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• VAV Versicherungs-AG: Austrian life and accident insurance specialist with a long domestic heritage. Comparable mid-sized scale and life/accident focus, though narrower product range and not a mutual.
• Grazer Wechselseitige Versicherung (GraWe): Austrian mutual insurance company (VVaG) operating across life, accident, health, property, and liability lines. Directly comparable mutual structure, multi-line portfolio, and Austrian-only footprint make GraWe ÖBV's closest structural peer.

Regional players

• Kärntner Landesversicherung (KLV): Austrian regional mutual insurer focused on the Carinthia market with similar multi-line offerings. Comparable VVaG structure and life/health/P&C portfolio, though smaller and more geographically concentrated than ÖBV.

Broad incumbents

• Wiener Städtische Versicherung (Vienna Insurance Group): One of Austria's largest insurers offering life, health, and P&C products to individuals, public sector, and corporate clients. Comparable product breadth and Austrian public-sector exposure, but operates as a public group with broader geographic reach.
• UNIQA Insurance Group: Austria's largest domestic insurer with extensive life, health, P&C, and bancassurance distribution. Competes directly with ÖBV across the same product categories, but with substantially greater scale, capital, and CEE footprint.
• Generali Versicherung AG (Austria): Austrian arm of global insurer Generali, offering life, health, and P&C products to retail and corporate customers. Direct competitor in Austrian retail and public-sector segments, backed by international capital and reinsurance capacity.
• Zürich Versicherungsgesellschaft (Austria): Austrian subsidiary of Zurich Insurance offering life, P&C, and accident products to retail and SME customers. Competes in overlapping personal lines and group/corporate segments with materially greater international scale.
• HDI Versicherung AG (Austria): Austrian subsidiary of HDI/Talanx offering life, accident, and P&C products, including specialist public-sector and liability lines. Overlaps with ÖBV's D&O/liability and group offerings, with larger corporate concentration.
• Allianz Versicherung AG Austria: Austrian subsidiary of Allianz offering life, accident, health, and P&C products. Comparable retail and group distribution, with materially larger capital base and broader international backing.
• Helvetia Versicherungen AG (Austria): Swiss-headquartered insurer operating in Austria with life, P&C, and accident products. Competes in ÖBV's overlapping lines, particularly accident insurance and group offerings, with stronger international diversification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Oesterreichische.Beamtenversicherung
• LinkedInlinkedin.com/company/oesterreichischebeamtenversicherung
• Instagraminstagram.com/oebv_versicherung

Revenue estimate

Valuation estimate

Number of profiles

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 Osterreichische Beamtenversicherung