Degenia

What Degenia does

Degenia Versicherungsdienst AG is a privately held German insurance broker and proprietary insurance concept developer, founded in 1998 in Bad Kreuznach and operating under the legal form of an Aktiengesellschaft (AG). The company designs branded "Deckungskonzepte" (coverage concepts) — modular insurance product packages organized into tariff tiers (classic, premium, optimum) and product generations (T17, T18, T21, T22, T26) — spanning personal lines (private liability, household contents, residential building, legal protection, risk life, accident, pet liability) and commercial lines (business liability, contents, legal protection, professional indemnity, D&O, electronics, photovoltaic). Proprietary concepts are underwritten by a panel of nine major German and international risk carriers, including Alte Leipziger, Allianz, Barmenia, Chubb, ERGO, Gothaer, R+V, Waldenburger, and KRAVAG Logistic.

The technology stack centers on the mydegenia.de broker portal — a 24/7 partner platform integrating third-party comparison calculators (Mr-Money, Verivox, NAFI, Thinksurance) for tariff comparison, online applications, contract management, commission tracking, and claims status inquiry. The 2025 launch of fully digital risk life insurance introduced live policy issuance with anonymous risk assessment and dynamic online questionnaires, enabling immediate policy creation upon application completion. Distribution is exclusively through independent German insurance brokers (Versicherungsmakler) accessing the platform; the company has no direct-to-consumer sales channel.

Revenue is generated exclusively through commission (Courtage) paid by insurance carriers on premiums placed via degenia's concepts and the broker pool. The wholly-owned subsidiary DMU Deutsche Makler Union GmbH, established in 2006, functions as the broker pool — handling negotiations, contract design, back-office support, and commission settlement across the carrier panel. The company operates with 11-50 employees from a single headquarters location in Bad Kreuznach, serving only the German market, and produces no publicly disclosed financial figures despite publishing balance sheets on its website.

Name

Degenia

Legal name

degenia Versicherungsdienst AG

Website

https://degenia.de

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Degenia Versicherungsdienst AG is a German insurance broker and proprietary coverage-concept developer serving independent German Versicherungsmakler through its mydegenia.de broker portal and wholly-owned DMU broker pool. The company designs tiered personal and commercial insurance products underwritten by a panel of major carriers and earns revenue from placement commissions.

Ownership category

akta.pro rank

Product category

Insurance Brokerage & Concept Development

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industry

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)

Keywords

• Insurance brokerage services
• Proprietary coverage concepts
• Broker pool platform
• Insurance comparison calculators
• Commission-based insurance distribution

Headquarters

HQ city

Bad Kreuznach

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commission (Courtage) from Insurance Companies: The primary revenue source is commission (Courtage) received from insurance companies for placing insurance products through the degenia concepts and DMU broker pool. The compensation is included in the insurance premium and paid by the respective insurance company. This is a recurring commission model based on insurance premiums collected.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Degenia Versicherungsdienst AG designs, brands, and distributes proprietary insurance coverage concepts (Deckungskonzepte) in personal and commercial lines, including private liability, household contents, residential building, legal protection, accident, risk life, animal liability, business liability, business contents, professional indemnity, D&O, electronics, and photovoltaic insurance. These concepts are sold exclusively through a registered network of independent German insurance brokers who access them via the mydegenia.de digital broker portal with integrated comparison calculators and live policy issuance, with underwriting handled by partner carriers such as Alte Leipziger, Allianz, Barmenia, Chubb, ERGO, Gothaer, KRAVAG Logistic, R+V, and Waldenburger. The company operates the DMU Deutsche Makler Union GmbH broker pool as a wholly-owned subsidiary providing back-office support, commission settlement, and access to 100+ insurance carriers.

Product overview

Degenia Versicherungsdienst AG is a German insurance broker and coverage concept developer founded in 1998 (originally VKS Assekuranz GbR), headquartered in Bad Kreuznach, operating as both a proprietary Deckungskonzept (coverage concept) provider and a broker pool through its subsidiary DMU Deutsche Makler Union GmbH. The product portfolio centres on the degenia Deckungskonzepte — a suite of branded insurance products (T26/T18 series) spanning personal lines (private liability, drone liability, household contents, residential building, legal protection, risk life, accident, health intermediary, pet liability) and commercial lines (business liability, business contents, commercial legal protection, professional indemnity, D&O, electronics, photovoltaic). The proprietary concepts are distributed exclusively through the degenia/DMU partner network via the mydegenia.de broker portal, which integrates third-party comparison calculators (Mr-Money, Verivox, NAFI, Thinksurance) and offers commission billing, claims management, and 24/7 online quoting. Products are underwritten by a panel of risk carriers including Alte Leipziger, Allianz, Barmenia, Chubb, ERGO, Gothaer, KRAVAG Logistic, R+V, and Waldenburger. The portfolio is structured around the 'Fair mobil' motor brand and a series of tiered tariff concepts (classic, premium, optimum) unified under the T26 product generation introduced from 2025 onwards.

Differentiator

Problem solved

Functional benefit

Brands

• Fair mobil: Automotive insurance product brand launched in 1998, initially developed for separated and divorced women and now available for all single persons. Exclusive product only available through degenia.

Products and services

• degenia Deckungskonzepte (Coverage Concepts) Proprietary branded insurance coverage concept portfolio developed in-house by degenia across property, liability, accident, motor, legal protection, health, and animal insurance categories, distributed exclusively through degenia partners and the DMU broker pool. Concepts are structured as modular packages with tiered tariff variants (classic, premium, optimum) and are underwritten by a panel of risk carriers including Alte Leipziger, Allianz, Barmenia, Chubb, ERGO, Gothaer, KRAVAG Logistic, R+V, and Waldenburger.
• Privathaftpflicht (Private Liability Insurance) Personal liability insurance covering legal liability of private households in Germany for bodily injury, property damage, and financial losses. Sold as part of the broader degenia coverage concept portfolio through registered brokers.
• Privathaftpflicht Kopter Profi (Drone Operator Liability) Specialised personal liability insurance for private households covering the operation of remotely piloted drones/kopters, extending standard private liability coverage to include drone-specific risks including third-party bodily injury and property damage.
• Luftfahrthaftpflicht (Aviation Liability Insurance) Legal liability insurance for owners and operators of remotely piloted aircraft (drones/kopters) covering third-party bodily injury and property damage claims arising from aviation operations in Germany.
• Luftfahrtkasko (Aviation Hull Insurance) Insurance coverage for physical damage to remotely piloted aircraft (drones/kopters), covering repair or replacement costs resulting from insured perils including theft, accident, and weather events.
• Kraftfahrtversicherung (Motor Vehicle Insurance) with Fair Mobil sub-brand Motor vehicle insurance products including the proprietary Fair Mobil concept launched in 1998 originally for separated and divorced women and now available to all single individuals, covering motor liability, partial coverage, and full coverage. Distributed exclusively through degenia.
• Haus- & Grundbesitzerhaftpflicht (Property Owner Liability Insurance) Liability insurance for owners of residential properties in Germany covering financial losses arising from legal liability as a property owner for injuries on the property, including slip-and-fall accidents on icy walkways and accidents caused by inadequate lighting.
• Bauherrenhaftpflicht (Builder's Liability Insurance) Liability insurance for private construction projects in Germany covering legal liability as a builder for damage to third parties during construction, including structural damage and bodily injury on the construction site.
• Gewässerschadenhaftpflicht (Water Damage Liability Insurance) Liability insurance for owners of heating oil, petrol, or diesel tanks covering claims for damage to groundwater and water bodies under the German Water Management Act (WHG), including remediation and rescue costs.
• Hausratversicherung T26 (Household Contents Insurance) Household contents insurance covering personal belongings against fire, burglary, water damage, storm, hail, and other perils. The T26 version, underwritten by Alte Leipziger, offers three tiers (classic, premium, optimum) with optional Cyber-Package, balcony power plant coverage, and bicycle theft coverage up to 10,000 EUR.
• Wohngebäudeversicherung T26 (Residential Building Insurance) Residential building insurance covering single- and two-family homes against fire, water, storm, hail, and additional perils. The T26 version adds coverage for balcony power plants, geothermal and solar thermal systems, electric vehicle charging stations, sustainable building materials, and an optional Haus- & Wohnungsschutzbrief service package.
• Bauleistungsversicherung (Construction Performance Insurance) Insurance covering unanticipated damage and destruction of construction works during the building phase, protecting both private home builders and contractors against costs from raw building damage, vandalism, and theft of fixed components.
• Bausparen (Building Savings) Building savings product enabling customers to save towards home ownership, offering a contractual savings plan as the first step toward real estate financing. Distributed through degenia partners.
• Rechtsschutz T26 (Legal Protection Insurance) Legal protection insurance covering private, occupational, traffic, and residential legal risks with unlimited worldwide coverage sums. Two tiers: premium (500,000 EUR bail) and optimum (1,000,000 EUR bail). Includes tax legal protection from the outset, administrative legal protection in objection procedures, and employer insolvency coverage.
• degenia-Risikolebensversicherung (Risk Life Insurance) Term life insurance offering fully digital application and underwriting with anonymous risk assessment, dynamic online questionnaire, instant premium calculation, and live policy issuance. Two tiers: classic (up to 500,000 EUR) and optimum (up to 3,000,000 EUR). Market-leading examination limits: up to 1,000,000 EUR without extended health examination for entry age up to 34.
• Private Unfallversicherung / Unfallversicherung T18 (Private Accident Insurance) 24-hour, worldwide personal accident insurance covering injuries in leisure time, at home, and during sports. The T18 version, underwritten by Waldenburger, offers two tiers (premium and optimum) with no contract adjustment at age 68, assistance services included, and coverage for bone disc injuries through increased physical effort.
• Private Krankenversicherung (Private Health Insurance Intermediary Services) Health insurance intermediary services covering both private full health insurance and private supplementary health insurance, including inpatient, outpatient, dental, nursing care, hospital and daily allowance, and travel health insurance. Degenia provides support with specialist questions, product selection, and policy comparisons across major PKV providers.
• Private Hundehalter-Haftpflichtversicherung T26 (Private Dog Owner Liability Insurance) Personal liability insurance for dog owners covering legal liability for bodily injury, property damage, and financial losses caused by the insured dog. The T26 version adds veterinary cost reimbursement for poisoning from bait, pet shelter costs during policyholder hospitalisation, and coverage sums up to 40 million EUR (optimum).
• Private Pferdehalter-Haftpflichtversicherung T26 (Private Horse Owner Liability Insurance) Personal liability insurance for horse owners (including ponies, donkeys, and retired horses) covering legal liability for bodily injury, property damage, and financial losses caused by the insured animal. The T26 version adds wolf attack coverage, sum and conditions difference coverage up to 15 months, and premium exemption during unemployment or short-time work.
• Betriebshaftpflicht (Commercial Liability Insurance) Business liability insurance for entrepreneurs, tradespeople, and freelancers covering legal liability for bodily injury, property damage, and financial losses caused in the course of business operations, including incidents on company premises and involving employees.
• Betriebsinhalt (Business Contents Insurance) Business contents insurance covering technical and commercial business equipment, goods, and inventories against fire, burglary, water damage, storm, hail, glass breakage, political perils, and business interruption resulting from insured events.
• Gewerberechtsschutz (Commercial Legal Protection Insurance) Commercial legal protection insurance package for self-employed individuals offering four combinable modules: commercial legal protection, private legal protection, traffic legal protection, and residential legal protection. Includes employment contract legal protection for managing directors and board members.
• Vermögensschadenhaftpflicht (Professional Indemnity Insurance) Professional indemnity insurance covering financial losses arising from professional errors or negligence, protecting business owners and professionals from liability claims with coverage extending to their entire personal assets.
• Managerhaftpflicht / D&O-Versicherung (Directors and Officers Insurance) Directors and officers (D&O) liability insurance protecting managing directors, board members, advisory board members, and supervisory board members from personal financial liability for negligent breaches of duty, covering insolvency clauses, deductibles, and notification periods.
• Elektronikversicherung (Electronics Insurance) Insurance for electronic systems and devices covering stationary and mobile equipment, associated data, and data carriers against unforeseen damage or destruction, including operator errors, theft, vandalism, water damage, lightning, short circuits, and fire.
• Photovoltaikversicherung (Photovoltaic Insurance) Specialised insurance package for commercially operated photovoltaic installations covering financial losses from unexpected defects and damage to panels, inverters, and associated equipment.
• DMU Deutsche Makler Union GmbH Broker Pool Wholly-owned broker pool subsidiary of degenia Versicherungsdienst AG (100% shares), established in 2006, providing independent German insurance intermediaries with access to a wide range of insurance products and carriers via the mydegenia.de platform, along with back-office support, commission billing, and comparative quotation tools across more than 100 partner insurance companies.
• mydegenia.de / mymakler-union.de Broker Portal Online broker portal providing degenia and DMU partners with 24/7 access to tariff comparison calculators across multiple insurance carriers, performance of quotes, online policy applications, client and contract management, commission tracking, and claims status inquiry.
• GRETA Gewerbe Vergleichsportal (Commercial Insurance Comparison Portal) Online comparison portal for commercial insurance products covering commercial liability, professional indemnity, legal protection, cyber, electronics, and contents insurance. Includes comprehensive risk capture for all business types and direct contract completion capabilities.

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and major.

• DMU Deutsche Makler Union GmbHcoreStrategic or Co-development PartnerWholly-owned subsidiary (100% shares) established in 2006. Acts as the broker pool component, handling negotiations, communication, and contract management with insurance carriers. Provides backoffice support services for independent intermediaries. Together with degenia's concept development, forms the integrated insurance distribution platform.
• Alte Leipziger Versicherung AGcoreTechnology or IntegrationKey risk carrier for degenia's house contents (Hausrat), residential building (Wohngebäude), and accident insurance products. Provides claims processing and policy administration for these product lines.
• AllianzmajorTechnology or IntegrationMajor insurance partner providing risk carrier services for legal protection insurance products. Allianz Rechtsschutzservice GmbH handles claims for legal protection policies.
• Barmenia VersicherungenmajorTechnology or IntegrationRisk carrier for accident insurance products and animal insurance (pet operations). Provides claims handling for these product lines.
• Chubb European Group LimitedmajorTechnology or IntegrationInternational insurance partner providing accident insurance coverage. Handles claims for Chubb-branded accident insurance products distributed through degenia.
• DMB Rechtsschutz-Versicherung AGmajorTechnology or IntegrationRisk carrier and service partner for legal protection insurance. Provides DMB RECHT-Hotline, an toll-free legal consultation service included with degenia legal protection products.
• ERGO VersicherungmajorTechnology or IntegrationMajor German insurance partner providing risk carrier services for legal protection and other insurance products distributed through degenia.
• Gothaer Versicherungsbank VVaGmajorTechnology or IntegrationRisk carrier for house contents insurance (T18 basic and comfort variants), providing policy administration and claims handling for these product lines.
• KRAVAG Logistic Versicherungs-AGmajorTechnology or IntegrationInsurance partner providing drone/copter (Kopter) and aviation insurance products. Handles claims for drone hull and liability insurance.
• R+V Versicherung AGmajorTechnology or IntegrationMajor German insurance partner providing liability insurance products including drone liability, private liability, and other property/casualty coverage.
• Waldenburger Versicherung AGmajorTechnology or IntegrationRisk carrier for accident insurance (T18), providing claims handling for accident policies distributed through degenia.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Allianz Versicherungs-AG: Germany's largest insurance carrier, both a key risk carrier partner underwriting degenia's legal protection concepts and a broad incumbent in personal and commercial lines. Comparable as the dominant market context for Degenia's niche distribution.

Emerging players

• Softfair GmbH: Provides comparison and rating software to German insurance brokers and pools. Comparable via shared broker-tooling and platform layer of the German insurance distribution ecosystem.
• Thinksurance GmbH: Digital insurance platform serving German insurance brokers with comparison and placement tools. Comparable as a technology-enabled distribution intermediary serving the same broker audience.
• Verivox GmbH: German insurance (and broader) comparison platform enabling consumers and brokers to compare and place coverage. Provides the Verivox comparison calculator integrated via the Degenia/DMU broker portal.

Direct peers

• Fonds Finanz Maklerservice GmbH: One of Germany's largest independent broker pools, offering proprietary insurance products, digital tools, and back-office services to independent intermediaries. Same target segment and integrated concept-plus-pool business model as degenia/DMU.
• blau direkt GmbH & Co. KG: Major German insurance broker pool serving independent Versicherungsmakler with proprietary product concepts, comparison tools, and back-office support. Directly comparable business model and target customer base to Degenia/DMU.
• BCA AG: German broker pool serving independent Versicherungsmakler with proprietary insurance products and digital platform tools. Directly comparable distribution and product structure to degenia/DMU.
• Vema eG: German broker cooperative and pool serving independent insurance intermediaries with proprietary concept products, comparison calculators, and back-office infrastructure. Concept-developer-plus-pool model parallels Degenia's DMU structure.
• DOMCURA AG: German specialty insurance broker pool developing proprietary concept products for independent brokers across property, liability, and specialty lines. Closely comparable in concept-developer focus and broker distribution.

Others

• Mr-Money Software GmbH: Provides comparison and tariff calculation software for German insurance brokers, integrated via the mydegenia portal. Comparable as a vendor in the broker tooling and comparison ecosystem Degenia uses.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/degeniaAG
• Facebookfacebook.com/degenia
• LinkedInlinkedin.com/company/degenia-versicherungsdienst-ag

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

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 Degenia