KOBAN SÜDVERS

What KOBAN SÜDVERS does

KOBAN SÜDVERS is an Austrian-founded, owner-managed insurance brokerage and risk management advisory firm headquartered in Klagenfurt am Wörthersee. Founded in 1920, the group operates 24 regional branch offices across Austria (10+), Germany (9+ under the SÜDVERS brand) and Switzerland (Assicura AG in St. Gallen), ranking among the top 3 insurance brokers in Austria and serving more than 50,000 private clients, SMEs, industrial enterprises, and public bodies. Revenue is generated primarily through commissions paid by insurers per §30 of the Austrian Brokers Act on mediated policies, supplemented by direct customer fees for net insurance policies and ancillary services rendered to insurance carriers.

The firm's service portfolio spans insurance brokerage, proprietary risk management consulting, claims processing, and a growing set of corporate solutions including D&O and cyber insurance, credit insurance, guarantee management, and KOBAN MedCare4Business (corporate health benefits). Two proprietary technology assets anchor the platform: KOBAN SÜDVERS Risk Software for identifying and tracking business risks, and the WBNet 3.0 customer portal built on Origami Risk LLC infrastructure, providing centralized access to policies, claims, and contact information. International insurance program management is delivered through the firm's founding membership in the WBN Worldwide Broker Network, which provides access to 120+ partner brokers across 110+ countries and supports cross-border placements.

The holding entity KOBAN SÜDVERS GROUP GmbH oversees multiple operating subsidiaries including KOBAN SÜDVERS GmbH (Vienna), Koban & Partner Versicherungsmakler GmbH (Graz), Koban solDORA GmbH, BAV Koban GmbH, Koban Garantie & Kredit GmbH, K&K Versicherungsmakler GmbH, and the recently added Mörtl Versicherungsmakler GmbH, each led by a dedicated subsidiary CEO. The German operations run under the SÜDVERS brand with separate leadership (Ralf Bender as CEO, Karle family as Associate Managing Directors). The group is family-controlled by the Koban family — Dr. Klaus Koban serves as Group CEO and managing shareholder — and remains free of any private equity or public-market involvement, with internal workforce development supported by the KOBANCampus platform launched in January 2021.

Name

KOBAN SÜDVERS

Legal name

KOBAN SÜDVERS GROUP GmbH

Website

https://kobansuedvers.at

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

251–500 employees

Short description

KOBAN SÜDVERS is an Austrian-founded, owner-managed insurance brokerage and risk management advisory firm operating 24 branches across Austria, Germany, and Switzerland, serving 50,000+ corporate, public sector, and private clients via proprietary risk software and WBN global network access.

Ownership category

akta.pro rank

Product category

Insurance Brokerage and Risk Management Advisory

NAICS

Insurance Carriers (5241)

SIC

Insurance Carriers, Nec (6399)

akta.pro primary industry

Captive Insurance Advisory & Management (FSAEADAF)

Keywords

• Insurance brokerage services
• Corporate risk management
• Commercial insurance advisory
• Private insurance consulting
• International insurance programs

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices23 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: KOBAN SÜDVERS receives commissions directly from insurers upon successful mediation of insurance policies. These are commissions per § 30 of the Brokers Act, in the form of acquisition/follow-up/service/turnover/portfolio/participation commissions or bonuses.
2. Customer Fees for Net Insurance Policies: For net insurance policies mediated in consultation with customers, KOBAN SÜDVERS receives a previously agreed written fee directly from the customer.
3. Services for Insurance Companies: Independent of customer contracts, KOBAN SÜDVERS can receive separate remuneration from insurance companies for services rendered for them.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

KOBAN SÜDVERS is an independent, owner-managed insurance brokerage and risk advisory firm that intermediates insurance policies between insurers and corporate or private clients across the DACH region. Its core offering combines risk identification and analysis (powered by an internally developed risk management software), tailored coverage concept design, ongoing policy optimization, claims processing, and international program management through the Worldwide Broker Network. The firm earns commissions on brokered policies plus customer fees for net policies and ancillary advisory services rendered to insurers.

Product overview

KOBAN SÜDVERS is an insurance brokerage and advisory firm offering a comprehensive suite of risk management and insurance services. The core offering consists of proprietary risk management consulting using KOBAN SÜDVERS Risk Software, full-service insurance brokerage for private and business customers, and the WBNet 3.0 customer portal for transparent policy and claims management. The portfolio includes specialized modules such as KOBAN MedCare4Business for corporate health benefits, Guarantee Management for financial leeway solutions, Credit Management for receivables protection, and D&O and Cyber Insurance Solutions for management liability coverage. International services are delivered through Worldwide Broker Network (WBN) membership. Employee development is supported through the proprietary KOBANCampus training platform launched in 2021. The group comprises multiple subsidiaries including BAV Koban GmbH, KOBAN solDORA GmbH, KOBAN Garantie & Kredit GmbH, and KOBAN & Partner Versicherungsmakler GmbH.

Differentiator

Problem solved

Functional benefit

Products and services

• Insurance Brokerage for Business / Corporate Clients Full-service insurance brokerage for corporate and commercial clients ranging from medium-sized family businesses to large industrial enterprises and public corporations. Includes risk analysis, coverage concept design, policy placement with insurers, ongoing policy optimization and claims processing across property, liability, transport, fleet, D&O, cyber, credit and guarantee lines.
• Insurance Brokerage for Private Clients Personal advisory and broking of household insurance solutions (motor, property, accident, biometric risk, pension provision) for private individuals and families across the Austrian and DACH branch network.
• KOBAN SÜDVERS Risk Management Consulting Structured risk management consulting for enterprises, combining proprietary risk management software with hands-on advisory to identify, analyze and mitigate constantly changing business risks and contribute to holistic company management.
• KOBAN MedCare4Business Packaged corporate health and wellbeing program providing preventive medical check-ups, recovery support, business trip protection, an outpatient private medical tariff and preventive dentistry coverage for business customers' employees.
• KOBAN SÜDVERS International (WBN) Insurance Program Management International insurance program design, placement and ongoing management for Austrian and DACH corporate clients with cross-border exposures, executed via the Worldwide Broker Network (120+ member brokers in 110+ countries).
• Insurance Brokerage for Public Corporations Specialized insurance brokerage and risk advisory services for public-sector and public-corporation clients, delivered through a dedicated Competence Center.
• KOBAN SÜDVERS Optimization Programme Structured analysis program that determines a client's actual insurance needs, including fire safety inspections, fixed asset valuations, liability management, fleet management and transportation/logistics support, intended to optimize premium spend and coverage fit.
• Guarantee Management Services Management of insurance-backed guarantees replacing traditional bank guarantees, delivering financial leeway by relieving bank credit lines and improving client liquidity.
• Credit Management / Credit Insurance Receivables management and credit insurance solutions covering ongoing receivables, project coverage and special solutions for sustainable business success.
• D&O and Cyber Insurance Solutions Specialized insurance solutions for management liability (D&O) and cyber risks, including analysis of existing silent cyber coverages, annual concept updates and professional claims support.

Quantifiable outcome

• Premium volume reduction achieved for customers
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Twelve partnerships are on record, tiered flagship and minor.

• WBN – Worldwide Broker NetworkflagshipStrategic or Co-development Partner · 1 January 1989KOBAN SÜDVERS is a founding member and Austrian representative of WBN, the largest global network of owner-managed independent insurance brokers. WBN comprises 120+ member companies in 110+ countries with approximately $61 billion in managed premium volume. The partnership enables international insurance program management and cross-border risk advisory services.
• AssecureminorStrategic or Co-development PartnerPartner company displayed in logo section on website, nature of partnership not specified in detail.
• Consense ConsultingminorStrategic or Co-development PartnerPartner company displayed in logo section on website, nature of partnership not specified in detail.
• Polygon GroupminorStrategic or Co-development PartnerPartner company displayed in logo section on website, nature of partnership not specified in detail.
• Bär ConsultingminorStrategic or Co-development PartnerPartner company displayed in logo section on website, nature of partnership not specified in detail.
• Universität GrazminorStrategic or Co-development PartnerUniversity partnership for academic collaboration and talent development.
• WU Executive AcademyminorStrategic or Co-development PartnerPartnership with Vienna University of Economics and Business Executive Academy for executive education and professional development.
• DiePlatz.de - Die 100minorStrategic or Co-development PartnerPartner organization displayed in logo section.
• Energieforum ÖsterreichminorStrategic or Co-development PartnerPartner organization for energy sector expertise and industry collaboration.
• ALC - Austrian Leading CompaniesminorStrategic or Co-development PartnerMembership in Austrian Leading Companies network; recognized participant in diepresse.com ALC ranking.
• GVFW - Gewerbevereinigung für WirtschaftminorStrategic or Co-development PartnerTrade association partnership displayed in logo section.
• Schon GenialminorStrategic or Co-development PartnerPartner organization displayed in logo section.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Howden Group: Independent, fast-growing global insurance broker with an owner-managed ethos similar to KOBAN SÜDVERS, expanding across Europe. Comparable on independence-driven client model and accelerating DACH and international footprint via acquisitions.

Broad incumbents

• Aon: World-leading professional services and insurance brokerage firm with significant Austrian/German operations. Overlaps with KOBAN SÜDVERS in commercial risk, reinsurance, and human capital benefits but offers a much broader global platform.
• Marsh: Global insurance brokerage and risk advisory leader operating in Austria and across DACH. Competes with KOBAN SÜDVERS for large enterprise and international program mandates, but at vastly larger scale and with a broader portfolio.
• Arthur J. Gallagher & Co. US-headquartered global insurance brokerage heavily expanding in Europe, including DACH. Overlaps with KOBAN SÜDVERS in mid-market and large commercial brokerage, but with broader product breadth and aggressive M&A strategy.
• Willis Towers Watson (WTW): Global advisory and insurance brokerage firm with established DACH presence. Competes with KOBAN SÜDVERS on large enterprise risk and employee benefits, but differentiates through broader consulting, technology, and capital markets capabilities.

Direct peers

• Ecclesia Group: Independent German insurance broker specialized in corporate and institutional risk transfer. Comparable to KOBAN SÜDVERS on independent ownership, mid-to-large enterprise customer mix, and emphasis on specialized risk advisory.
• Funk Gruppe: Germany's largest independent, owner-managed insurance broker with deep industrial and mid-market focus. Comparable to KOBAN SÜDVERS on independence, owner-management, specialty risk advisory emphasis, and DACH-centric distribution.
• GrECo International: Austrian-headquartered insurance broker with strong DACH and Central/Eastern European footprint, serving corporate and industrial clients. Highly comparable to KOBAN SÜDVERS by geography, customer segments (industrial/commercial/public), and independent owner-managed positioning.

Regional players

• Aon Austria: Austrian operations of global broker Aon, competing for the same Austrian corporate and industrial clients as KOBAN SÜDVERS. Comparable on customer segments but differentiated by global scale, capital, and broader service lines.
• Marsh Austria: Austrian arm of Marsh, serving large and mid-market Austrian corporates. Directly overlaps with KOBAN SÜDVERS's Austrian enterprise client base, while leveraging Marsh's global network for international programs where KOBAN relies on WBN.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/KOBANSUEDVERS
• LinkedInlinkedin.com/company/kobansuedvers/posts/?feedView=all

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries7 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 KOBAN SÜDVERS