Hübener Versicherungs

What Hübener Versicherungs does

Hübener Versicherungs AG is a Hamburg-based specialty insurance carrier operating across six European countries (Germany, Austria, France, Italy, Netherlands, and Spain). Founded in 2006 and structured as a privately held Aktiengesellschaft, the company targets risk categories that standard insurance markets underserve or decline — including recycling facilities, discotheques and bars, tire warehouses, traveling showmen, gaming halls, vacant properties, asylum shelters, hotels and restaurants, and buildings under construction. Its product portfolio centers on layered fire insurance (Feuer-Layer Versicherung) as the primary coverage, with add-on options for burglary, water damage, storms, and third-party liability. Underwriting is performed in-house by a small team of specialists supported by dedicated risk engineering (e.g., a Risk Engineer / Fire Protection Consultant), with no third-party AI/ML or proprietary data flywheel evident in the disclosed technology stack.

The company generates revenue exclusively through insurance premiums written on multi-year contracts, with pricing customized to each insured's individual risk profile on a quote-based model. Hübener does not sell directly to end customers; all distribution flows through registered insurance brokers (Versicherungsmakler) and exclusive Managing General Agent (MGA) partnerships — including Clickvers in Germany, +simple/Verspieren/Carene in France, AssiBroker in Italy, OBM in the Netherlands, and NuVu/ON RISK in Spain. Marketing is conducted via industry events (IFAT Munich, BEST fire protection seminars), organic LinkedIn and Instagram presence, and downloadable broker resources. The business is regulated by BaFin (Germany) and FMA (Austria), and is a member of the Versicherungsombudsmann dispute resolution scheme.

Hübener is founder-owned and managed, with no disclosed external institutional investment. The company has been recognized as a kununu Top Company for four consecutive years (2023–2026), placing it in the top 5% of employers on the platform with a 4.4/5 rating and 89% employee recommendation rate. Recent milestones include a July 2025 headquarters relocation to larger offices in Hamburg's Europa-Passage to accommodate growth, the September 2025 launch of the company's first apprenticeship program, and the November 2025 market entry into Spain with a recycling-sector fire insurance product.

Name

Hübener Versicherungs

Legal name

Hübener Versicherungs AG

Website

https://huebener-ag.eu

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Hübener Versicherungs AG is a Hamburg-based specialty insurer underwriting fire and property coverage for niche, high-risk European business categories — including recycling facilities, entertainment venues, tire storage, and showmen — distributed exclusively through brokers and MGAs across six countries.

Ownership category

akta.pro rank

Product category

Specialty Insurance

NAICS

Finance and Insurance (52)

akta.pro primary industry

Small Business BOP (Main Street) (FSAJAFAA)

akta.pro secondary industries

Commercial General Liability (CGL) (FSAJADAA), Restaurants, Bars & Food Service BOP (FSAJAFAG), Real Estate / Lessors Risk BOP (FSAJAFAI)

Keywords

• Specialty insurance
• Fire insurance
• Commercial insurance
• Niche risk coverage
• Broker distribution

Headquarters

HQ city

Hamburg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: The company generates revenue through insurance premiums from covering special risk categories. Products are tailored to the essential risk of each customer, primarily focusing on fire insurance with additional coverage options for burglary, water damage, storms, and third-party claims.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Hübener Versicherungs AG is a European specialty insurer that underwrites fire and allied-lines coverage for commercial risk groups and businesses that the standard insurance market ignores or offers only limited coverage. The portfolio of ten specialized insurance products is distributed exclusively through insurance brokers (Versicherungsmakler) and managing general agents (MGAs), with pricing tailored to each customer's individual risk profile.

Product overview

Hübener Versicherungs AG is a pan-European specialty insurer offering a portfolio of specialized insurance products focused on fire risk coverage. The product lineup includes ten distinct offerings: Feuer-Layer Versicherung (fire layer insurance) as the core product, along with sector-specific solutions for Recycling, Asylum Shelters (Asylunterkunft), Entertainment Venues (Discos/Clubs/Bars), Vacant Properties (Leerstand), Tire Storage (Reifenlager), Showmen (Schausteller), Gambling Halls (Spielhallen), Hotels and Restaurants, and Fire Structural Coverage (Feuerrohbau). Products are tailored to risk groups and businesses underserved by standard insurance markets, with primary focus on fire-related financial consequences. All insurance solutions are distributed exclusively through insurance brokers and managing general agents (MGAs).

Differentiator

Problem solved

Functional benefit

Segments8 records

Ideal customer profiles9 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)coreOthersGerman Federal Financial Supervisory Authority responsible for overseeing Hübener's insurance operations in Germany. Hübener holds official licensing through BaFin for insurance activities.
• FMA Österreich (Finanzmarktaufsicht)coreOthersAustrian Financial Market Authority providing regulatory oversight for Hübener's operations in Austria.
• Gesamtverband der Deutschen Versicherungswirtschaft e.V. (GDV)minorOthersGerman Insurance Association representing the interests of insurers. Hübener cooperates with GDV for certain notifications, particularly regarding major losses.
• zirkel.designminorGTM or Marketing PartnerMarketing agency responsible for Hübener's website design and marketing materials.
• Clickvers – JODEXNIS Versicherungsmakler GmbH (Germany)minorChannel Partner/ Reseller/ DistributorGerman insurance broker offering Hübener products for competition accidents and Hole-in-One insurance.
• +simple (France)minorChannel Partner/ Reseller/ DistributorFrench insurance agency offering Hübener products for discotheques, restaurants, and buildings.
• Verspieren Global Markets (France)minorChannel Partner/ Reseller/ DistributorFrench broker offering Hübener products for jewelers and discotheques.
• Carene assurance (France)minorChannel Partner/ Reseller/ DistributorFrench insurance broker offering Hübener products for traveling showmen (carnival operators).
• AssiBroker International GmbH (Italy)minorChannel Partner/ Reseller/ DistributorItalian insurance broker offering Hübener products for industrial operations.
• OBM Assuradeuren B.V. (Netherlands)minorChannel Partner/ Reseller/ DistributorDutch insurance intermediary offering Hübener products for asbestos removal services.
• NuVu Underwriting Europe Lda (Spain)minorChannel Partner/ Reseller/ DistributorSpanish underwriting agency offering Hübener products for goods transportation insurance.
• ON RISK AGENCIA DE SUSCRIPCIÓN, S.L. (Spain)minorChannel Partner/ Reseller/ DistributorSpanish underwriting agency offering Hübener products for events, bullfights, and fireworks production.
• Herting Oberbeck Datenschutz GmbHminorOthersExternal data protection officer (Datenschutzbeauftragter) providing GDPR compliance services.
• Versicherungsombudsmann e.V.minorOthersInsurance Ombudsman providing free, out-of-court dispute resolution for policyholders.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Beazley plc: Beazley is a London-based specialty P&C insurer underwriting complex and niche risks via brokers and MGAs. Comparable as a Lloyd's-style specialty carrier serving segments avoided by standard insurers, with a similarly brokered distribution focus.
• Hiscox Ltd: Hiscox is a UK-listed specialty insurer that underwrites niche risks (small/medium business, entertainment, property) via brokers and delegated authority partners. Similar channel-first specialist model, similar focus on small-business and hobbyist segments underserved by mainstream carriers.
• Lancashire Holdings: Lancashire is a Bermuda-based specialty insurance and reinsurance carrier writing niche commercial property and casualty risks. Like Hübener, it targets undersupplied specialty classes with disciplined underwriting and broker intermediated distribution.
• Convex Group: Convex is a specialty P&C insurer founded to serve complex and non-standard risks through brokers. Its product mix (specialty property, fine art, marine, etc.) and broker-led model align closely with Hübener's niche, specialty focus.
• Markel International: Markel International writes specialty and non-standard commercial risks across Europe and globally through brokers and MGAs. Hübener's niche fire specialty book overlaps with Markel's specialty commercial lines approach.

Broad incumbents

• Munich Re Specialty / Munich Re Group: Munich Re is a global reinsurer with a major specialty insurance arm underwriting complex risks via brokers. Comparable as a top-tier specialty risk-taker, though operating across many segments and at much larger scale than Hübener.
• Allianz Global Corporate & Specialty (AGCS): AGCS is the specialty/corporate insurance arm of Allianz, writing large and complex P&C risks globally via brokers. Serves many of the same mid-market and specialty risk pools as Hübener, but at much broader scale.
• Liberty Specialty Markets (Liberty Mutual): Liberty Specialty Markets is the specialty division of Liberty Mutual offering complex P&C risks across Europe via brokers. Comparable as a broader specialty carrier that includes many of the niche classes Hübener targets.
• VHV Versicherungen: VHV is a German insurance group with material commercial and specialty P&C business, distributed through brokers and tied agents. Hübener's German commercial niche book overlaps with VHV's small-business offerings.

Emerging players

• QIC Europe / Convex Europe: QIC Europe (and emerging European MGA/specialty platforms) build specialty books via delegated authority and broker partnerships targeting non-standard risks. Comparable in specialty/MGA-led model though typically larger and broader than Hübener.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/huebener
• Instagraminstagram.com/recyclingversicherung

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors1 record

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 Hübener Versicherungs