BarmeniaGothaer
BarmeniaGothaer is a private German multi-line insurance and asset management group formed by the 2024 merger of Barmenia and Gothaer, offering health, life, property/casualty, and specialty coverage to individuals, businesses, and pet owners across Germany.
- Company typePrivate
- Founded2024
- HeadquartersKöln, Germany
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What BarmeniaGothaer does
BarmeniaGothaer is a private German insurance group formed by the 2024 merger of Barmenia and Gothaer, headquartered in Cologne (K\u00f6ln) with operations in Wuppertal and Ludwigsburg, employing 5,001–10,000 people. The group operates a multi-line insurance portfolio spanning private health insurance, supplementary health (dental, hospital, ambulatory, optical), occupational disability, term and capital life insurance, annuities, property and casualty (motor, household, liability, bicycle, travel), pet health, legal protection, and commercial/business lines including cyber and photovoltaic. Distribution is hybrid: approximately 7,000 users across exclusive field sales, broker services, and back-office; direct-to-consumer digital channels (barmeniagothaer.de with tariff calculators and online quotes); customer portals (Meine Barmenia, Meine Gothaer); and partner channels (W\u00fcstenrot for Bausparen, ROLAND for legal protection). Revenue is generated primarily through recurring insurance premiums across health, life, property, casualty and specialty lines, supplemented by asset-management fees from BarmeniaGothaer Asset Management AG, which manages more than €50 billion in assets and ranks among Germany's top-10 insurance asset managers.
The technology stack is being actively modernized post-merger. BSI Software's BSI Customer Suite is being deployed as a unified CRM/CX platform for the approximately 7,000-user sales and operations base, with AI agents planned for agent-debriefing and quote-generation automation. AI agent 'Mina' has been deployed in contact-center operations with a disclosed 90% workload reduction. BarmeniaGothaer Asset Management AG completed a front-to-back investment platform transformation on Bloomberg buy-side solutions (front-end) and Clearwater Analytics (middle/back office) to unify the two pre-merger technology environments. A €100 million debut catastrophe bond (Yardstick Re DAC, Series 2026-1) demonstrates entry into capital-markets-based reinsurance, priced at the low end of a 1.95% spread for four-year indemnity-trigger flood coverage. The group holds ISO/IEC 27001 certification continuously since 2008 (T\u00dcV Nord) and maintains integration with reinsurance partners Munich Re, General Reinsurance AG, and SCOR.
BarmeniaGothaer firmographics
Firmographics- Name
- BarmeniaGothaer
- Legal name
- BarmeniaGothaer AG
- Website
- https://barmeniagothaer.de
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- BarmeniaGothaer is a private German multi-line insurance and asset management group formed by the 2024 merger of Barmenia and Gothaer, offering health, life, property/casualty, and specialty coverage to individuals, businesses, and pet owners across Germany.
- Ownership category
- akta.pro rank
BarmeniaGothaer industry classification
Industry- Product category
- Insurance Services
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Retail (Personal Lines) Insurance Brokerage (FSAEADAA)
- akta.pro secondary industry
- Commercial Lines Insurance Brokerage (FSAEADAB)
Keywords
Where BarmeniaGothaer is headquartered
LocationHeadquarters
- HQ city
- Köln
- HQ country
- Germany
- HQ region
- Europe
Offices3 records
Markets served
BarmeniaGothaer business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Insurance Premiums: Primary revenue generation through collection of insurance premiums across multiple product lines including health, life, property, casualty, and specialty insurance products. Revenue is recurring in nature as policyholders pay regular premiums.
- Asset Management Fees: BarmeniaGothaer Asset Management AG manages over €50 billion in assets for the group, generating management and advisory fees. The asset manager underwent platform transformation using Bloomberg and Clearwater Analytics.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Dental supplementary insurance starting at €4.60/month |
| Subscription | Monthly | Pet health insurance starting at €22/month |
| Subscription | Monthly | Bicycle insurance starting at €3.45/month |
| Subscription | Monthly | Travel insurance starting at €2.40/month |
| Subscription | Monthly | Car insurance starting at €16.70/month |
| Subscription | Monthly | Household insurance starting at €2.66/month |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
BarmeniaGothaer product offering
Product offeringCore offering
BarmeniaGothaer is a German insurance group that sells a full portfolio of insurance products — including private health (PKV), supplementary health, occupational disability, life and pension, property and casualty (motor, household, liability), pet, travel, and commercial lines — alongside asset management services through BarmeniaGothaer Asset Management AG, which manages over €50 billion in assets. The company distributes products through exclusive field sales agents, brokers, and its own digital channels (website, customer portals).
Product overview
BarmeniaGothaer is a German insurance group formed by the merger of Barmenia and Gothaer insurers. The company operates a multi-brand, multi-product insurance and financial services portfolio. Core offerings include private health insurance (PKV), supplementary health products (dental, hospital, ambulatory), property & casualty insurance (motor, household, liability), life & pension products (term life, capital life, annuities, fund-based pensions), occupational disability insurance, pet health insurance, and commercial/business insurance. The company also provides asset management services through BarmeniaGothaer Asset Management AG (€50+ billion assets) and construction financing through a Wüstenrot partnership. Technology modernization includes deployment of BSI Customer Suite CRM platform for 7,000 users and an integrated investment platform using Bloomberg and Clearwater Analytics solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Zahnzusatzversicherung (Dental Supplementary Insurance) Dental supplementary insurance for individuals with immediate coverage, no waiting periods, and up to 100% cost reimbursement for dental and jaw treatments. Starting at €4.60/month.
- Private Krankenvollversicherung (Private Comprehensive Health Insurance) Private health insurance providing comprehensive coverage with flexible tariff options and potential premium refunds, targeted at individuals seeking full private health coverage in Germany.
- Berufsunfähigkeitsversicherung (Occupational Disability Insurance)
Quantifiable outcome
- 90% workload reduction achieved with AI agent 'Mina'
- +3 more outcomes
Companies that use BarmeniaGothaer
Customer profileSegments3 records
Ideal customer profiles2 records
BarmeniaGothaer technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability3 records
Feature3 records
BarmeniaGothaer partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- BloombergcoreBarmeniaGothaer Asset Management AG went live on Bloomberg's buy-side solutions as part of front-to-back investment platform transformation necessitated by the 2024 merger. Bloomberg provides portfolio analytics, accounting, reconciliation, regulatory reporting, and compliance capabilities.
- Clearwater AnalyticscoreClearwater Analytics implemented as middle- and back-office management platform for BarmeniaGothaer Asset Management AG, enabling holistic view across public and private assets. The integration unifies two distinct technology environments from the merger.
- BSI SoftwarecoreBarmeniaGothaer selected BSI Software's BSI Customer Suite CRM/CX solution as part of its new customer and market platform to unify existing sales structures post-merger. The solution will be used by approximately 7,000 users across exclusive sales, broker services, and back-office operations, with project launching in autumn 2025 and pilot groups starting in June.
- Wüstenrot Bausparkasse AGminorPartnership for building savings and home financing products. Wüstenrot offers interest-favorable building loans with quick allocation plus interest discounts for building sum from €100,000.
- ROLAND Rechtsschutz-Versicherung-AGminorPartnership for legal protection insurance products offered under the BarmeniaGothaer distribution network.
- General Reinsurance AGcorePrimary reinsurance partner providing risk transfer capacity for insurance operations.
- Münchener Rückversicherungs-Gesellschaft (Munich Re)coreMajor reinsurance partner providing additional risk capacity and actuarial support.
- SCOR Global Life DeutschlandminorLife reinsurance partner operating from Cologne office.
- Internationale Kapitalanlagegesellschaft mbHcoreCapital management company managing investment funds for the group, handling shareholder rights and securities lending.
- Universal-Investment-Gesellschaft mbHcoreCapital management company managing additional investment funds for the group.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
BarmeniaGothaer competitors and assessment
Company assessmentDirect peers
- Allianz: Germany's largest multi-line insurer and global financial services group, offering overlapping health, life, and P&C products and competing directly with BarmeniaGothaer for consumer and commercial customers in Germany.
- R+V Versicherung: Cooperative insurer affiliated with the German Volksbanken-Raiffeisenbanken banking group, offering a broad multi-line product portfolio (health, life, P&C, bank-assurance) that directly overlaps with BarmeniaGothaer's offerings.
- ERGO Group: Munich Re's primary German insurance arm and one of the largest multi-line insurers in Germany, directly competing with BarmeniaGothaer across health, life, and P&C lines including a comparable exclusive-agent and broker distribution model.
- HUK-COBURG: Large German mutual insurer with similar product breadth (motor, household, liability, legal protection, health) and a comparable exclusive-field-agent distribution model, directly competing with BarmeniaGothaer in personal and small-commercial lines.
- Generali Deutschland: German arm of Generali Group providing life, health, P&C, and legal protection insurance with both tied-agent and broker distribution; directly competes with BarmeniaGothaer across personal and commercial lines.
- Debeka: Germany's largest mutual insurer with a strong focus on private health (PKV), life, and supplementary products; competes directly with BarmeniaGothaer's core health and life insurance franchises.
- AXA Konzern AG: German arm of global insurer AXA offering health, life, motor, household, and commercial products through agent and broker channels, directly comparable to BarmeniaGothaer across the multi-line portfolio.
- Zurich Insurance Group Germany: German operations of Zurich Insurance Group offering motor, household, liability, and life insurance through agent and broker channels; competes directly with BarmeniaGothaer in personal and small-commercial lines.
- Talanx: German-listed insurance group and parent of Hannover Re, operating multi-line insurance (HDI) alongside reinsurance, with overlapping retail and commercial offerings comparable to BarmeniaGothaer's portfolio.
Regional players
- LVM Versicherung: German mutual insurer with strong regional concentration in northern and western Germany offering motor, household, liability, and life products through a tied-agent model; competes with BarmeniaGothaer primarily in overlapping regional retail markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
BarmeniaGothaer social profiles
Digital presenceBarmeniaGothaer compliance and trust
Trust signalCompliance1 record
BarmeniaGothaer financial estimates
Financial estimateRevenue estimate
Valuation estimate
BarmeniaGothaer leadership team
Management profileNumber of profiles
Profiles9 records
BarmeniaGothaer subsidiaries and ownership
Company hierarchySubsidiaries9 records
BarmeniaGothaer funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BarmeniaGothaer 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 BarmeniaGothaer
What does BarmeniaGothaer do?
BarmeniaGothaer is a German insurance group that sells a full portfolio of insurance products — including private health (PKV), supplementary health, occupational disability, life and pension, property and casualty (motor, household, liability), pet, travel, and commercial lines — alongside asset management services through BarmeniaGothaer Asset Management AG, which manages over €50 billion in assets. The company distributes products through exclusive field sales agents, brokers, and its own digital channels (website, customer portals).
Is BarmeniaGothaer a public or private company?
BarmeniaGothaer is a private company. It is classified as unknown and is currently operating.
When was BarmeniaGothaer founded?
BarmeniaGothaer was founded in 2024. It employs 5,001 to 10,000 people.
Where is BarmeniaGothaer based?
BarmeniaGothaer is headquartered in Köln, Germany, in the Europe region.
How does BarmeniaGothaer make money?
Two revenue lines are on record. Insurance Premiums are the primary driver. The others are asset Management Fees.
Who are BarmeniaGothaer's main competitors?
Direct peers on record are Allianz, R+V Versicherung, ERGO Group, HUK-COBURG, Generali Deutschland, Debeka, AXA Konzern AG, Zurich Insurance Group Germany and Talanx. LVM Versicherung is listed as a regional player.
Does BarmeniaGothaer have an API?
No public API is recorded for BarmeniaGothaer.
What industry is BarmeniaGothaer in?
BarmeniaGothaer's product category is Insurance Services. Its primary akta.pro industry code is FSAEADAA, Retail (Personal Lines) Insurance Brokerage, with a secondary code of FSAEADAB, Commercial Lines Insurance Brokerage. Its NAICS code is 5242 and its SIC code is 6411.