VMD Koster Verzekeringen

What VMD Koster Verzekeringen does

VMD Koster Verzekeringen is an independent Dutch insurance advisory firm (legal entity VMD Koster Groep B.V.) operating from its Alphen aan den Rijn headquarters with three additional offices across the Randstad region — Rotterdam, Bodegraven, and Hoofddorp (the latter via a partnership with Millenaar Adviesgroep). The firm has approximately 65 employees and serves four primary customer segments: private individuals (personal insurance, mortgages, pensions), SMB/MKB businesses (business liability, cyber, absenteeism, property, transport), entrepreneurs (disability and key-person coverage), and employers (pension scheme design and management). It is organized under the VMD Koster Verzekeringsgroep umbrella alongside the Freek Hypotheek mortgage advisory sub-brand.

The firm's core offering is insurance intermediation across roughly twenty product lines supplemented by risk management consulting, pension advisory (including Dutch Wtp pension law transition support), and Arbodienst occupational health services delivered through its partnership with invita arbo. Underlying technology is the third-party Anva insurance administration platform, with proprietary customer-facing tools: the Klantmap online client portal (for policy documents, invoicing, and damage reporting) and the Adviseur mobile application for iOS and Android. A Quickscan digital risk-assessment tool supports SME prospect onboarding. The firm is AFM-registered (number 12017952) and holds RPA pension advisory certification.

The business model is commission-based insurance intermediation: VMD Koster earns commissions from insurers in exchange for placing and managing policies, with additional fee revenue from pension scheme advisory and management. Go-to-market is sales-led with personal advisory relationships, supported by dedicated phone lines per department, four physical offices, online quote-request forms, and the digital portal/app. The firm is a member of NLG Groep, a collaboration of 10 Dutch insurance advisors that together rank among the top-5 in the Netherlands and negotiate combined terms with insurers. No funding rounds, public listing, or external institutional investors are disclosed; the company is described as a family business in partnership-style ownership among senior advisors.

Name

VMD Koster Verzekeringen

Legal name

VMD Koster Groep B.V.

Website

https://www.vmdkoster.nl

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

VMD Koster Verzekeringen is an independent Dutch insurance advisory firm with approximately 65 employees and four Randstad offices (Alphen aan den Rijn, Rotterdam, Bodegraven, Hoofddorp), providing insurance intermediation, risk management, and pension advisory services to private individuals, MKB businesses, and employers under the NLG Groep top-5 umbrella.

Ownership category

akta.pro rank

Product category

Insurance Advisory 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), Services-Management Consulting Services (8742)

akta.pro primary industry

Risk Management Consulting (Enterprise & Operational Risk) (FSAEADAG)

akta.pro secondary industry

Annuity & Insurance-Based Retirement Solutions Advisory (FSAEABAH)

Keywords

• Insurance advisory services
• Risk management consulting
• Pension advisory services
• Commercial insurance brokerage
• Mortgage advisory services

Headquarters

HQ city

Alphen aan den Rijn

HQ country

Netherlands

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Advisory and Intermediation: VMD Koster acts as an independent insurance advisor and intermediary, earning commissions from insurance products placed with insurers. They analyze risks, advise on appropriate coverage, and manage insurance portfolios for clients.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

VMD Koster Verzekeringen is an independent insurance advisor and intermediary that analyzes risks, advises on coverage, and manages insurance portfolios for private individuals, entrepreneurs, and SMB/MKB businesses in the Dutch Randstad region. Its portfolio spans personal and commercial insurance (cyber, liability, D&O, professional indemnity, health, WIA/WGA, absenteeism), risk management consulting, and pension advisory including transition support under the Wet toekomst pensioenen (Wtp). Services are delivered through dedicated advisors across four offices plus the Klantmap portal and Adviseur mobile app.

Product overview

VMD Koster Verzekeringen is an independent financial advisory firm offering a comprehensive portfolio of insurance, risk management, and pension advisory services. The core offering consists of insurance advisory services for private individuals and businesses, complemented by risk management consulting and pension advisory services. Key insurance products include absenteeism insurance, cyber insurance, business liability, professional indemnity, D&O, health insurance, and WIA/WGA coverage. The company operates proprietary digital services including the Klantmap client portal and Adviseur mobile app, and maintains sub-brands such as Freek Hypotheek for mortgage advisory. Services are delivered through offices in Alphen aan den Rijn, Bodegraven, Hoofddorp, and Rotterdam, with a team of approximately 65 employees.

Differentiator

Problem solved

Functional benefit

Brands

• Freek Hypotheek: Mortgage advisory services operating under VMD Koster Groep, with locations in Alphen aan den Rijn and Bodegraven

Products and services

• VMD Koster Insurance Advisory Services Independent insurance advisory and intermediation service covering personal and commercial lines (auto, home, package, liability, cyber, D&O, professional indemnity, health, WIA/WGA, absenteeism, travel, legal aid). Customers receive risk analysis, product comparison across multiple insurers, and ongoing policy management.
• Risk Management Advisory Consulting engagement helping businesses identify, analyze, and prioritize financial and operational risks, deciding which to insure and which to self-retain. Includes the digital Quickscan tool for fast coverage assessment.
• Pension Advisory Services Independent pension advice for employers, works councils, entrepreneurs, and private individuals. Covers scheme design, ongoing administration, employee communications, and transition support under the Wet toekomst pensioenen (Wtp). RPA-credentialed advisors (e.g., Jan Zwiers).
• Arbodienst (Occupational Health Services) Sickness absence management and reintegration services for employers, including occupational physician consultations, preventive health services, and Dutch absence legislation compliance. Delivered through partnership with invita arbo.
• Freek Hypotheek Mortgage Advisory Personal, independent mortgage advice delivered under the Freek Hypotheek sub-brand of VMD Koster Groep, with locations in Alphen aan den Rijn (Raoul Wallenbergplein 5) and Bodegraven (Julianastraat 50). Focused on long-term client relationships.
• Anva Insurance Administration Platform Core back-office system used by VMD Koster to administer insurance policies, customer records, and servicing workflows across the firm's client base.
• Klantmap Customer Portal Online client portal letting customers view insurance policies, contracts, invoices, and submit damage reports. Supports both private and business clients with login-based account access.
• Adviseur Mobile App Mobile application for iOS and Android providing policy access, document viewing, change submission, and communication with advisors, including the 'Mijn VMD Koster' logged-in experience.
• Quickscan Digital Risk Assessment Online risk assessment tool enabling businesses to quickly evaluate insurance coverage needs and identify gaps in protection across their commercial lines.

Quantifiable outcome

• Managing over 700 pension schemes with approximately 70% already in progress or completed for Wtp transition, ahead of market average of 50%

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• NLG Groep (Noordeloos Groep)coreStrategic or Co-development PartnerVMD Koster is a member of NLG Groep, a collaboration of 10 insurance advisors in the Netherlands. Through this partnership, they negotiate improved terms and competitive premiums with insurers. Together, they rank among the top-5 insurance advisors in the Netherlands and invest in automation and knowledge sharing.
• Millenaar AdviesgroepminorOthersPartnership arrangement where VMD Koster operates from Millenaar Adviesgroep's location in Hoofddorp (Kruisweg 652) to extend geographic coverage in the region.
• Freek HypotheekcoreChannel Partner/ Reseller/ DistributorFreek Hypotheek is a subsidiary brand operating under VMD Koster Groep, providing mortgage advisory services. Locations in Alphen aan den Rijn (Raoul Wallenbergplein 5) and Bodegraven (Julianastraat 50) are part of the VMD Koster organization.
• invita arbocoreStrategic or Co-development PartnerVMD Koster works closely with invita arbo, a specialist occupational health service provider supporting employers with absence management, reintegration, prevention, and compliance with Dutch legislation. This is a key partnership for the employee absenteeism and occupational health service offering.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• MeesRisicobeheer: Dutch independent insurance advisor focused on commercial lines, risk management, and pensions for the MKB segment; directly competes with VMD Koster in business insurance placement, WTP pension advisory, and risk consulting for Dutch SMBs.
• Voogd & Voogd Verzekeringen: Dutch independent insurance broker and risk advisor with multi-office presence serving private, business, and MKB clients; closely comparable to VMD Koster in independent advisory positioning, product breadth across insurance and pensions, and regional mid-market focus.
• NLG Groep (Noordeloos Groep): Alliance of 10 independent Dutch insurance advisors of which VMD Koster is a member; competing member firms operate similar independent advisory models with overlapping product suites across insurance, risk, and pensions, targeting the Dutch SMB and consumer segments.
• Raetsheren van Order: Dutch independent insurance broker and risk advisor with strong position in commercial insurance, pensions, and employee benefits; comparable to VMD Koster in independent advisory model and pension/benefits focus for Dutch employers.
• Klap Verzekeringsmakelaar: Independent Dutch insurance broker offering personal, business, and specialist insurance advisory; comparable to VMD Koster as a mid-sized regional broker providing independent advice across multiple product lines and customer segments.

Broad incumbents

• De Goudse Verzekeringen: Dutch mutual insurer with intermediary distribution channels for commercial insurance, disability, and pension products; overlaps with VMD Koster on WIA/WGA absenteeism, business liability, and group pension advisory for the Dutch mid-market.
• Marsh Netherlands: Global insurance broker and risk advisor with Dutch presence offering commercial insurance placement, risk consulting, and captive management; overlaps with VMD Koster's business insurance and risk advisory lines for mid-market and larger clients.
• Willis Towers Watson (WTW) Netherlands: Global advisory firm providing insurance brokerage, risk management, and pension/benefits consulting; competes with VMD Koster in Dutch pension advisory and commercial risk consulting, particularly for larger employers navigating WTP transitions.
• Aon Netherlands: Global insurance and risk advisory brokerage with substantial Dutch operations covering commercial insurance, risk management, and pension/benefits advisory; competes with VMD Koster in the Dutch mid-market and corporate segments while offering a much wider portfolio.
• ASR Nederland: Major Dutch insurance company that also operates distribution and advisory channels for life, health, and pension products; overlaps with VMD Koster on health insurance, pension, and life insurance advisory for both private and corporate clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vmdkoster

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 VMD Koster Verzekeringen