AEGON Magyarország Általános Biztosító
- Company typePrivate
- Founded2020
- HeadquartersBudapest, Hungary
- Headcount51–100
- GTM typeB2B
- OfferingServices
AEGON Magyarország Általános Biztosító firmographics
Firmographics- Name
- AEGON Magyarország Általános Biztosító
- Legal name
- AEGON Magyarország Általános Biztosító
- Website
- https://aegon.hu
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
AEGON Magyarország Általános Biztosító industry classification
Industry- Product category
- Insurance Support Services
- NAICS
- Computer Systems Design and Related Services (54151), Management Consulting Services (54161), Computer Facilities Management Services (541513)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Technology, Software & IT Services (FSABACAJ)
Keywords
Where AEGON Magyarország Általános Biztosító is headquartered
LocationHeadquarters
- HQ city
- Budapest
- HQ country
- Hungary
- HQ region
- Europe
Offices1 record
Markets served
AEGON Magyarország Általános Biztosító business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Insurance Premiums: Life insurance and related insurance products generating premium revenue
- Pension Services: Pension and retirement solutions generating fee-based revenue
- Asset Management: Investment management services generating management fees and performance-based revenue
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
AEGON Magyarország Általános Biztosító product offering
Product offeringCore offering
AEGON Magyarország Általános Biztosító operates as the Aegon Global Business Solutions Center (GBSC), an internal shared services hub in Budapest that delivers IT and technology services, finance/risk/audit functions, model validation, actuarial services, and investment operations to Aegon's global business units including Transamerica, Aegon International, Aegon Asset Management, Aegon UK, and Corporate Center. The hub consolidates previously siloed expertise across cloud ecosystems, AI, application security, risk modeling, and portfolio accounting into a single collaborative environment of approximately 350 colleagues.
Product overview
Aegon operates as a global provider of life insurance, pensions, and asset management services. The company offers enterprise-level business solutions through its Aegon Global Business Solutions Center (GBSC) in Budapest, which delivers integrated shared services spanning IT and technology services, finance/risk/audit functions, model validation and actuarial services, and investment operations support across multiple Aegon business units worldwide.
Differentiator
Problem solved
Functional benefit
Products and services
- Aegon Global Business Solutions Center (GBSC) A shared services hub in Budapest delivering integrated technology, finance, risk management, actuarial, and audit support to Aegon's global business units including Transamerica, Aegon Asset Management, Aegon International, Aegon UK, and Corporate Center.
Quantifiable outcome
- Serving over 10 million customers through Transamerica alone
- +1 more outcomes
Companies that use AEGON Magyarország Általános Biztosító
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles1 record
AEGON Magyarország Általános Biztosító technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
AEGON Magyarország Általános Biztosító partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Vienna Insurance GroupminorIn 2020, as part of strategic realignment, Aegon sold its Central and Eastern European operations to Vienna Insurance Group. This marked a transition for Aegon's Hungarian presence from operating insurance business directly to maintaining only the Global Business Solutions Center in Budapest.
Scale indicators4 records
Recent moves8 records
Expansion highlights4 records
AEGON Magyarország Általános Biztosító competitors and assessment
Company assessmentBroad incumbents
- Tata Consultancy Services (TCS): One of the world's largest IT services and consulting firms with a deep BFSI practice serving global insurers and asset managers. Comparable as a scaled alternative provider of IT, finance, and operations services to financial services clients.
- Capgemini: Global IT and consulting services firm with strong financial services and insurance capabilities, providing cloud, data, AI, and risk modeling services. Comparable as a large third-party alternative to the GBSC's technology and consulting scope.
- Genpact: Specialist in finance, risk, and operations services for global enterprises including insurance and asset management clients. Directly comparable function-by-function to the GBSC's finance, risk, and audit service lines as an external provider.
- Cognizant: Large global IT services firm with a substantial insurance practice providing cloud, AI, application development, and digital transformation services to insurance clients. Comparable as a third-party provider of the same IT and digital capabilities that the Aegon GBSC delivers in-house.
Direct peers
- Zurich Insurance Group Shared Services: Global shared services organization within Zurich Insurance Group, centralizing finance, IT, and operational support for Zurich's general insurance and life businesses across multiple regions. Comparable as a captive insurance shared-services hub.
- Allianz Technology: Captive IT and technology services arm of Allianz Group, delivering cloud, AI, and infrastructure services to Allianz business units across geographies. Closest functional analogue to the Aegon GBSC in terms of operating model and multi-functional scope for a global insurance group.
- NN Group Shared Services: European insurance group with centralized shared services delivering IT, finance, and operations support to its life insurance and retirement businesses. Comparable as a captive shared-services hub for a European insurance parent.
- Munich Re Group Operations: Centralized operations and technology function of Munich Re, providing shared services across IT, finance, risk, and actuarial functions to a global reinsurance/insurance group. Operates with a comparable captive shared-services mandate to Aegon GBSC.
- MetLife Global Operations: MetLife's global operations and technology function providing shared services including IT, finance, and operations support to MetLife business units worldwide. Functionally comparable as a captive insurance shared-services center.
Others
- WNS Holdings: Global business process management and analytics firm with a dedicated insurance and financial services practice handling claims, underwriting support, finance, and analytics. Comparable as a third-party provider of process and analytics services to insurance clients.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
AEGON Magyarország Általános Biztosító social profiles
Digital presenceAEGON Magyarország Általános Biztosító financial estimates
Financial estimateRevenue estimate
Valuation estimate
AEGON Magyarország Általános Biztosító leadership team
Management profileNumber of profiles
AEGON Magyarország Általános Biztosító funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AEGON Magyarország Általános Biztosító 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 AEGON Magyarország Általános Biztosító
What does AEGON Magyarország Általános Biztosító do?
AEGON Magyarország Általános Biztosító operates as the Aegon Global Business Solutions Center (GBSC), an internal shared services hub in Budapest that delivers IT and technology services, finance/risk/audit functions, model validation, actuarial services, and investment operations to Aegon's global business units including Transamerica, Aegon International, Aegon Asset Management, Aegon UK, and Corporate Center. The hub consolidates previously siloed expertise across cloud ecosystems, AI, application security, risk modeling, and portfolio accounting into a single collaborative environment of approximately 350 colleagues.
Is AEGON Magyarország Általános Biztosító a public or private company?
AEGON Magyarország Általános Biztosító is a private company. It is classified as corporate owned and is currently operating.
When was AEGON Magyarország Általános Biztosító founded?
AEGON Magyarország Általános Biztosító was founded in 2020. It employs 51 to 100 people.
Where is AEGON Magyarország Általános Biztosító based?
AEGON Magyarország Általános Biztosító is headquartered in Budapest, Hungary, in the Europe region.
How does AEGON Magyarország Általános Biztosító make money?
Three revenue lines are on record. Insurance Premiums are the primary driver. The others are pension Services and asset Management.
Who are AEGON Magyarország Általános Biztosító's main competitors?
Broad incumbents on record are Tata Consultancy Services (TCS), Capgemini, Genpact and Cognizant. Direct peers are Zurich Insurance Group Shared Services, Allianz Technology, NN Group Shared Services, Munich Re Group Operations and MetLife Global Operations. WNS Holdings is listed as an others.
Does AEGON Magyarország Általános Biztosító have an API?
No public API is recorded for AEGON Magyarország Általános Biztosító.
What industry is AEGON Magyarország Általános Biztosító in?
AEGON Magyarország Általános Biztosító's product category is Insurance Support Services. Its primary akta.pro industry code is FSABACAJ, Technology, Software & IT Services. Its NAICS code is 54151 and its SIC code is 7373.