Hamburger Yachtversicherung Schomacker

What Hamburger Yachtversicherung Schomacker does

Hamburger Yachtversicherung Schomacker Versicherungsmakler GmbH is an independent German insurance broker (Versicherungsmakler) founded in 1972 and headquartered in Hamburg, specializing in yacht, boat, and water sports insurance. The company distributes insurance products from approximately ten major German insurers — including Allianz, Axa, Barmenia Gothaer, Dialog, Ergo, R&V Versicherung, Signal Iduna, Nürnberger Versicherung, Provincial Versicherung, and Zürich — under its own proprietary terms and conditions. Operations span three product pillars: yacht and boat insurance for private owners (hull, liability, passenger accident, legal expenses); charter insurance products for charter customers and skippers (skipper liability, charter deposit, travel cancellation, insolvency, premium legal expenses); and commercial products for professional skippers up to 100 tons, charter fleets, and yacht yards.

Revenue is generated solely through insurance brokerage commissions (courtage) paid by the underlying insurers rather than charged to customers. Premiums are individualized by quote; publicly disclosed price points range from EUR 21 for a single-trip skipper passenger accident policy to EUR 990 annually for EUR 10 million professional skipper liability. Distribution is hybrid: a website with an online comparison tool and self-service charter shop (PayPal-supported), supplemented by personal phone/email consultation, an affiliate partner program for charter agencies and water sports websites, and a EUR 75 tell-a-friend referral scheme. Marketing is anchored on the schomacker.de domain with a newsletter and an active presence on Facebook and Instagram; Matomo is used for site analytics.

The company operates with approximately nine staff, is registered as an insurance broker under § 34 d para 1 GewO (registration D-H0SF-QZKO0-04), and is a member of the Bundesverband Deutscher Versicherungsmakler (BDVM) and the Verband Maritime Wirtschaft Deutschland (VMWD). On January 1, 2025, the broker network HBC Group (Hanseatic Broking Center) acquired the shareholder stakes, integrating the company into its group while preserving the existing brand, crew, and management under Andreas Medicus as Managing Director following Volker Reichelt's retirement in April 2026.

Name

Hamburger Yachtversicherung Schomacker

Legal name

Hamburger Yacht-Versicherung Schomacker Versicherungsmakler GmbH

Website

https://schomacker.de

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

1–10 employees

Short description

Hamburger Yachtversicherung Schomacker is an independent German insurance broker (since 1972) that distributes yacht, boat, and charter insurance products from major insurers to private owners, charter customers, professional skippers, and commercial fleets across Germany and the EEA.

Ownership category

akta.pro rank

Product category

Marine and Yacht Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Yacht & Pleasure Craft Insurance (FSAJAHAI)

akta.pro secondary industries

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ), Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ)

Keywords

• Yacht insurance brokerage
• Charter insurance products
• Boat hull insurance
• Water sports insurance
• Marine liability insurance

Headquarters

HQ city

Hamburg

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commission: As an independent insurance broker, the company earns commissions (courtage) from insurance companies for placing and administering insurance policies. The commission is part of the insurance premium and is normally borne by the insurance company rather than the customer. The company works with established insurers including Allianz, Axa, Barmenia Gothaer, Dialog, Ergo, R&V Versicherung, Signal Iduna, Nürnberger Versicherung, Provincial Versicherung, and Zürich.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Hamburger Yachtversicherung Schomacker is an independent insurance broker that places yacht, boat, charter, and water sports insurance policies on behalf of customers with a curated panel of partner insurers including Allianz, Axa, Barmenia Gothaer, Dialog, ERGO, R&V, Signal Iduna, Nürnberger, Provincial, and Zürich. The firm earns brokerage commissions from these insurers and develops its own tailored policy terms and conditions for the marine segment, offering hull, liability, passenger accident, legal expenses, charter deposit, travel cancellation, insolvency, and professional skipper cover across Germany and the EEA.

Product overview

Hamburger Yachtversicherung Schomacker is an independent insurance broker specializing in water sports insurance since 1972/1973. The company operates a multi-product platform structured around three core segments: (1) Yacht & Boat Insurance for private boat owners featuring Hull Insurance (Yacht Kasko), Yacht Liability Insurance (Yacht Haftpflicht), Passenger Accident Insurance, and Legal Expenses Insurance; (2) Charter Insurance covering Skipper Liability, Charter Deposit Insurance, Travel Cancellation Insurance (now including optional pet coverage), Insolvency Insurance, Skipper Passenger Accident Insurance, and Premium Legal Expenses Insurance with property/contract protection; and (3) Commercial Insurance for professional skippers (up to 100 tons), charter fleets, and yacht yards. The company also offers private insurance (liability, accident, household) and an online comparison tool aggregating quotes from major insurers (Allianz, Axa, Barmenia Gothaer, Dialog, ERGO, R&V, Signal Iduna, Nürnberger, Provincial, Zurich). Services are complemented by a customer portal with damage reporting, online payment (PayPal), and affiliate partner program.

Differentiator

Problem solved

Functional benefit

Products and services

• Yacht Kasko (Hull Insurance) Comprehensive hull insurance for yachts and boats, covering damage, loss, and total loss with optional engine breakdown cover; targeted at private yacht and boat owners.
• Yacht Haftpflicht (Yacht Liability Insurance) Third-party liability insurance for yacht owners covering bodily injury and property damage to third parties, with optional trailer liability and premium clause add-ons; for private yacht owners.
• Insassenunfall (Passenger Accident Insurance)

Quantifiable outcome

• Water sports insurance premiums are among the best priced on the market since company inception
• +1 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• HBC Group (Hanseatic Broking Center)coreStrategic or Co-development Partner · 1 February 2025In February 2025, the broker network HBC Group acquired the shareholder shares of Hamburger Yacht-Versicherung. This acquisition allows the company to expand its portfolio while benefiting from the complete infrastructure of a highly qualified team. The company continues to operate with its existing crew and management.
• Bundesverband Deutscher Versicherungsmakler e.V. (BDVM)minorOthersThe company is a member of the German Insurance Brokers Association. BDVM quality standards are significantly higher than admission requirements for insurance brokers pursuant to German Trade and Insurance Brokerage regulations. As a member, the company commits to binding rules of conduct and business principles.
• Verband Maritime Wirtschaft Deutschland (VMWD)minorOthersThe company displays membership in the Maritime Economy Association Germany, indicating alignment with maritime industry standards and networking.
• Multiple Insurance Providers (Allianz, Axa, Barmenia Gothaer, Dialog, Ergo, R&V, Signal Iduna, Nürnberger, Provincial, Zürich)coreChannel Partner/ Reseller/ DistributorThe company acts as a broker distributing insurance products from multiple established German insurance companies including Allianz, Axa, Barmenia Gothaer, Dialog, Allianz Esa, Ergo, R&V Versicherung, Signal Iduna, Nürnberger Versicherung, Provincial Versicherung, and Zürich. These partnerships enable the company to offer comparison options across different insurers.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Yacht-Pool: Yacht-Pool is a German independent yacht insurance broker focused on sailing yachts and motorboats, offering hull, liability, and charter products. It directly competes with Schomacker in the German yacht-owner segment with similar specialty positioning and broker model.
• Pantaenius: Pantaenius is a Germany-headquartered yacht insurance specialist and one of Europe's largest marine insurance brokers, offering hull, liability, and charter coverage. It is the most direct peer to Schomacker, competing for the same German and European yacht-owner customer base with overlapping specialty product lines.

Regional players

• BoatUS: BoatUS is the leading US-based boat and yacht insurance program serving recreational boaters. It is comparable in its specialty marine broker/underwriter positioning to Schomacker, but operates almost exclusively in the US rather than competing in Germany or the EEA.

Others

• Hanseatic Broking Center (HBC Group): HBC Group is the German broker network that acquired Schomacker in January 2025. It is comparable as the parent and a related broker entity operating in adjacent specialty lines, sharing carrier relationships and infrastructure rather than directly competing for retail yacht customers.
• BDVM-affiliated German Insurance Brokers: BDVM is the German Insurance Brokers Association of which Schomacker is a member. Comparable as a network of competing German specialty brokers operating under the same quality and conduct standards, providing the broader ecosystem of competitors and potential partners for Schomacker.

Broad incumbents

• AXA Yacht Insurance: AXA is a major European insurer with yacht and marine policies distributed both directly and via brokers including Schomacker. It is comparable as a large carrier offering overlapping yacht coverage within a broader general insurance portfolio.
• Hiscox: Hiscox is a specialty insurer and broker with a marine and yacht insurance offering alongside much broader commercial lines. It is comparable as a larger, established player offering overlapping yacht and water-sport coverage but as part of a much wider portfolio.
• Allianz Marine: Allianz is a global insurance carrier that writes yacht and marine insurance directly and through brokers such as Schomacker. It is comparable as a large incumbent offering similar specialty coverage but with a vastly broader product portfolio and direct distribution capability.
• Generali Marine: Generali is a large European insurer with marine and yacht coverage, particularly strong in Mediterranean markets. It is comparable as an incumbent carrier offering overlapping yacht and water-sport products but as part of a much wider general insurance portfolio.

Emerging players

• Towergate Marine: Towergate operates a specialty marine insurance desk within a broader UK broker group, serving yacht owners and marine trades. It is comparable as a niche marine broker serving a similar customer base, but is more embedded in the UK market and does not directly contest German accounts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hyv.schomacker
• Instagraminstagram.com/hamburger_yachtversicherung
• LinkedInlinkedin.com/company/hamburger-yachtversicherung-schomacker

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

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 Hamburger Yachtversicherung Schomacker