Ärzteversorgung Niedersachsen

What Ärzteversorgung Niedersachsen does

Ärzteversorgung Niedersachsen (ÄVN) is a public-law pension fund (Körperschaft des öffentlichen Rechts) established in 1965 as an institution of the Ärztekammer Niedersachsen under § 12 Absatz 1 Kammergesetz für die Heilberufe (HKG). Headquartered at Gutenberghof 7 in Hannover, the fund provides mandatory occupational pension coverage for physicians registered with the Lower Saxony Medical Association. Its core product portfolio comprises the Altersrente (retirement pension), Berufsunfähigkeitsrente (occupational disability pension), Hinterbliebenenrente (survivor pension), Kinderzuschuss (child allowance), Sterbegeld (death benefit), and Rehabilitationsmaßnahmen (rehabilitation measures). The organization operates with 101–250 employees and is governed by a Vorstand (Executive Board), an Aufsichtsrat (Supervisory Board), and two Managing Directors: Andreas Körner (Capital Investment, since July 2018, formerly CEO of Nomura Asset Management Deutschland) and Kirsten Gutjahr (Members/Pensions and Accounting/IT, since April 2002).

The fund's revenue model rests on two pillars: mandatory member contributions and capital investment returns. Employed physicians contribute 18.60% of gross salary up to the €8,450/month contribution assessment ceiling, with a maximum monthly contribution of €1,571.70 and a 50% employer subsidy; self-employed physicians pay fixed rates per the Alterssicherungsordnung (ASO). Investment activities span stocks, bonds, real estate, and alternative investments, and the fund directly operates Private Immobilien (residential rental) and Gewerbeimmobilien (commercial rental including offices, medical practices, and retail units) as part of its asset allocation. The organization is supervised by the Niedersächsisches Ministerium für Wirtschaft, Verkehr und Bauen and does not publish revenue figures.

Member-facing technology includes the Mitgliederportal (online self-service portal at aevn.vswportal.de), the Elektronisches GRV-Befreiungsverfahren (mandatory since January 2023 for statutory pension insurance exemption applications), the ABV-Portal for EESSI cross-border social security data exchange, and the Digitale Mitgliederseminarreihe conducted via GoTo Meeting. Strategic technology initiatives include a Systemumstellung scheduled for September 2026 and the implementation of the Altersvorsorgereformgesetz in January 2027, which extends private pension product eligibility to compulsory members and routes the consent procedure through the fund. Distribution is direct and captive, with no traditional go-to-market motion: membership is automatic upon chamber registration, eliminating acquisition friction but also capping addressable growth to the Lower Saxony physician workforce.

Name

Ärzteversorgung Niedersachsen

Legal name

Einrichtung der Ärztekammer Niedersachsen, Körperschaft des öffentlichen Rechts

Website

https://aevn.de

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

101–250 employees

Short description

Ärzteversorgung Niedersachsen is a mandatory public-law pension fund (Versorgungswerk) for physicians registered with the Ärztekammer Niedersachsen, providing retirement, occupational disability, and survivor benefits funded by member contributions and capital investment returns. Established 1965, headquartered in Hannover.

Ownership category

akta.pro rank

Product category

Professional Pension Fund

NAICS

Pension Funds (525110)

SIC

Life Insurance (6311)

akta.pro primary industry

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

Keywords

• Occupational pension scheme
• Physician retirement benefits
• Professional pension fund
• Disability pension administration
• Survivor benefits management

Headquarters

HQ city

Hanover

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Contribution Revenue: Mandatory contributions from members (self-employed and employed physicians, civil servants) based on income percentages. Self-employed members pay fixed rates; employed members pay 18.60% of gross salary up to the contribution assessment ceiling of €8,450/month.
2. Capital Investment Returns: Returns from investment of pension fund assets in stocks, bonds, real estate, and alternative investments generate revenue to fund pension obligations.

Pricing tiers

Distribution channels1 record

Marketing channels4 records

Core offering

Ärzteversorgung Niedersachsen (ÄVN) is a statutory professional pension fund that provides retirement, occupational disability, and survivor pensions to physicians in Lower Saxony, Germany. Operating as a public law corporation under the Ärztekammer Niedersachsen, it administers mandatory pension contributions and manages capital investments to fund member benefits. The organization also offers ancillary real estate rentals (residential and commercial properties) as part of its investment portfolio.

Product overview

Ärzteversorgung Niedersachsen is a single, unified professional pension fund offering a portfolio of core retirement and insurance products. The main offerings include: Altersrente (retirement pension), Berufsunfähigkeitsrente (occupational disability pension), Hinterbliebenenrente (survivor pension), Kinderzuschuss (child allowance), Sterbegeld (death benefit), and Rehabilitationsmaßnahmen (rehabilitation measures). Supporting services include the Elektronisches GRV-Befreiungsverfahren (electronic exemption procedure), Mitgliederportal (member portal), and the digital Mitgliederseminarreihe (member seminar series). As part of its investment strategy, the fund also operates private and commercial real estate rental services (Private Immobilien and Gewerbeimmobilien).

Differentiator

Problem solved

Functional benefit

Products and services

• Altersrente (Retirement Pension) Retirement income benefit paid to members of the Ärztekammer Niedersachsen upon reaching retirement age, as a core offering of the professional pension fund.
• Berufsunfähigkeitsrente (Occupational Disability Pension)
• Hinterbliebenenrente (Survivor Pension)
• Kinderzuschuss (Child Allowance)
• Sterbegeld (Death Benefit)
• Rehabilitationsmaßnahmen (Rehabilitation Measures)
• Elektronisches GRV-Befreiungsverfahren (Electronic GRV Exemption Procedure) Online procedure enabling employed physicians to submit exemption applications from statutory pension insurance obligations, mandatory since January 1, 2023.
• Mitgliederportal (Member Portal)
• Mitgliederseminarreihe (Member Seminar Series)
• Private Immobilien (Private Real Estate)
• Gewerbeimmobilien (Commercial Real Estate)

Quantifiable outcome

• 3.00% increase in pension entitlements effective January 2026

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Arbeitsgemeinschaft berufsständischer Versorgungseinrichtungen e.V. (ABV)coreStrategic or Co-development Partner · 1 January 2026ABV is the professional association of occupational pension institutions in Germany. ÄVN participates in the EESSI (Electronic Exchange of Social Security Information) system through the ABV portal, enabling cross-border social security data exchange. The partnership also involves shared standards development and representation of occupational pension institutions.
• Digital Mindset GmbHminorImplementation/ SI/ Consulting PartnerTechnical service provider and organizational support for the Digital Member Seminar Series, operating under a data processing agreement.
• Commerzbank AGminorOthersOne of two banks listed for SEPA direct debit procedures for employer contributions. IBAN: DE60 2508 0020 0100 4244 00
• Deutsche Apotheker- und Ärztebank eGminorOthersSpecialized bank for medical professionals used for SEPA direct debit procedures. IBAN: DE87 3006 0601 0002 2999 17. As a physician-focused bank, they serve the healthcare sector specifically.

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Versorgungswerk der Zahnärztekammer Niedersachsen: Statutory pension scheme for dentists in Lower Saxony, regulated by the same state chamber framework as ÄVN. Closely comparable in governance structure, product set, and regional scope, with a parallel member profile.
• Bayerische Ärzteversorgung: The mandatory professional pension fund for physicians in Bavaria, operating under the same berufsständisches Versorgungswerk legal framework as ÄVN. It is the closest direct comparable in terms of structure, product set (retirement, disability, survivor pensions), and member obligations.
• Versorgungswerk der Ärztekammer Berlin: Mandatory pension fund for physicians registered in Berlin, structured as a Körperschaft des öffentlichen Rechts under the Berlin Heilberufekammergesetz. Functionally identical to ÄVN, differing mainly by geography and member population size.
• BVV Versicherungsverein des Bankgewerbes a.G. Mandatory occupational pension provider for employees in the German banking sector, structured as a Versicherungsverein auf Gegenseitigkeit. Directly comparable in operating model (mandatory membership, defined-benefit occupational pension) despite serving a different profession.
• Versorgungswerk der Apothekerkammer Niedersachsen: Mandatory pension fund for pharmacists in Lower Saxony, operating under the same Kammergesetz framework. Directly comparable to ÄVN in legal form, member obligation mechanics, and product offering.
• Ärzteversorgung Westfalen-Lippe: Statutory pension scheme for physicians in Westphalia-Lippe (NRW), offering the same retirement, disability, and survivor benefits under the same public-law framework as ÄVN. Directly comparable in mission and operating model.
• Versorgungswerk der Ärztekammer Nordrhein: Mandatory pension fund for physicians in the North Rhine region, operating under HKG in North Rhine-Westphalia. Mirrors ÄVN's structure, products, and regulatory oversight by a state medical chamber, making it a highly comparable direct peer.

Others

• Arbeitsgemeinschaft berufsständischer Versorgungseinrichtungen e.V. (ABV): The umbrella association of Germany's professional pension institutions, of which ÄVN is a member. ABV is the partner coordinating EESSI cross-border data exchange and represents occupational pension funds in regulatory matters — an enabling ecosystem participant rather than a competitor.

Broad incumbents

• Deutsche Rentenversicherung Bund: Germany's statutory pension insurer — the dominant incumbent pension organization that covers the broader workforce. While ÄVN serves physicians exempt from GRV, DRV Bund is the natural comparator for scale, regulatory regime, and benefit-adjustment dynamics.

Regional players

• Versorgungswerk der Architektenkammer Niedersachsen: Professional pension fund for architects in Lower Saxony, operating under the same regional chamber framework. Comparable in legal form and regional scope, but serves a different profession and smaller income base than physicians.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aevn

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Ärzteversorgung Niedersachsen