NN pojišťovna a NN Penzijní společnost

What NN pojišťovna a NN Penzijní společnost does

NN pojišťovna a NN Penzijní společnost is the Czech life insurance and pension savings arm of Dutch-listed NN Group N.V., operating since 1992 (originally as Nationale-Nederlanden, then ING, and NN following the 2019 Aegon Czech merger). The entity comprises two legal vehicles: NN Životní pojišťovna N.V., pobočka pro Českou republiku (a Czech branch of the Dutch insurer) and NN Penzijní společnost, a.s. (a Czech pension company). Its product portfolio centers on risk life insurance (flagship NN Orange Risk), investment-linked life insurance, a comprehensive long-term care insurance introduced in 2025, and state-subsidized supplementary pension savings (doplňkové penzijní spoření), alongside legacy pension contracts, a children's pension variant, and corporate employee-benefit packages (NN Orange Benefit, NN Orange Risk corporate).

Distribution combines a 24-office physical branch network across major Czech cities with a network of NN advisors and NN Finance partners for enterprise and high-touch retail sales, complemented by self-serve digital channels (Moje NN client portal, ePodatelna electronic document submission, online claim reporting, and online pension application and transfer). Revenue mechanics are quote-based recurring premiums for life insurance and subscription-style premium/contribution inflows for both life and pension products, with employers contributing to pension and life insurance for more than 24,000 corporate clients spanning transportation, manufacturing, energy, telecommunications, beverages, utilities, education, and aerospace sectors. The FIT Program integrates health/lifestyle data into underwriting for premium discounts, and cross-sell between insurance and pension — including the NN Finance advisory layer — creates an ecosystem model anchored by long contract durations and accumulated state-contribution benefits.

The company is a private subsidiary; consolidated financials are not separately disclosed. Recent regulatory friction includes a Czech National Bank investigation into NN Penzijní společnost over internal-process errors in distributing client interest yields on temporary pension holdings, partially offset by 2026 Finanční produkt roku awards (1st place in long-term care insurance, 2nd place in supplementary pension savings) and Top Employer Czech Republic / Europe / Large Enterprise 2026 recognition for an 'Flexivolno' uncapped-vacation policy.

Name

NN pojišťovna a NN Penzijní společnost

Legal name

NN Životní pojišťovna N.V., pobočka pro Českou republiku a NN Penzijní společnost, a.s.

Website

https://nn.cz

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

501–1,000 employees

Short description

NN pojišťovna a NN Penzijní společnost is the Czech life insurance and pension savings subsidiary of Dutch-listed NN Group N.V., offering risk and investment life insurance, state-subsidized supplementary pension savings, and long-term care insurance to individuals and over 24,000 Czech corporate clients through 24 branches, financial advisors, and digital portals.

Ownership category

akta.pro rank

Product category

Life Insurance and Pension Services

NAICS

Direct Life Insurance Carriers (524113), Pension Funds (525110), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

Traditional Long-Term Care (LTC) Insurance (FSAIAJAA)

akta.pro secondary industries

Group Universal Life (GUL) (FSAIADAC), Annuity + LTC / Long-Term Care Riders (FSAIAJAC)

Keywords

• Life insurance products
• Supplementary pension savings
• Long-term care insurance
• Corporate employee benefits
• Financial advisory services

Headquarters

HQ city

Prague

HQ country

Czechia

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, Others

Revenue model

1. Life Insurance Premiums: Collection of insurance premiums from life insurance policyholders including risk life insurance (NN Orange Risk) and investment life insurance products.
2. Pension Fund Management: Management of supplementary pension savings (doplňkové penzijní spoření) with state contributions, including accumulation and payout phases.
3. Employee Benefits Services: Corporate employee benefits including life insurance and pension contributions provided to over 24,000 Czech companies.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

NN pojišťovna a NN Penzijní společnost sells life insurance, pension savings, long-term care insurance, and corporate employee benefits products to Czech consumers and businesses. The flagship individual offerings are NN Orange Risk (risk life insurance) and Doplňkové penzijní spoření (supplementary pension savings with state contributions), supplemented by investment life insurance and the first complete long-term care insurance in the Czech market. Corporate clients are served through NN Orange Benefit employee benefits programs covering over 24,000 Czech companies.

Product overview

NN pojišťovna a NN Penzijní společnost is a Czech financial services company offering a comprehensive portfolio of insurance and pension products. The core offering consists of life insurance products (Životní pojištění), with the flagship NN Orange Risk as the primary risk life insurance brand, complemented by investment life insurance. The company also provides long-term care insurance (Pojištění dlouhodobé péče) as a distinctive offering. On the pension side, the main product is supplementary pension savings (Doplňkové penzijní spoření) with state contributions and tax benefits, available for adults and children, alongside legacy pension schemes for existing clients. The product ecosystem is supported by digital services including ePodatelna for electronic document submission and Moje NN client portal, along with NN Finance for financial advisory. For corporate clients, NN offers employee benefits including NN Orange Benefit and NN Orange Risk through the NN Employee Benefits program serving over 24,000 companies. The products are interconnected through shared client portals and cross-selling opportunities between insurance and pension offerings.

Differentiator

Problem solved

Functional benefit

Brands

• NN Orange Risk: Premium risk life insurance product with various coverage options including death, disability, serious illness, and accident protection
• NN Orange Benefit
• FIT Program
• Moje NN

Products and services

• Životní pojištění (Life Insurance) Core life insurance product providing financial protection for unexpected life events for Czech citizens, including coverage for death, disability, serious illness, and long-term care needs.
• NN Orange Risk Premium risk life insurance product for individuals with customizable coverage including death, disability, serious illness, accident, and long-term care riders; no regular contract management fees.
• Investiční životní pojištění (Investment Life Insurance) Life insurance product combining protection with investment opportunities, allowing policyholders to build savings while maintaining coverage.
• Pojištění dlouhodobé péče (Long-term Care Insurance) Insurance product providing financial support when policyholders need long-term assistance, covering care costs, lost income of caregivers, home modifications, and care facility expenses.
• Doplňkové penzijní spoření (Supplementary Pension Savings) Pension savings product with state contributions and tax benefits, allowing individuals to build retirement savings with government-matched contributions; won 2nd place in Finparáda.cz Finanční produkt roku 2026.
• Penzijní spoření pro děti (Pension Savings for Children) Supplementary pension savings product designed specifically for children, enabling early-start retirement planning with state contributions.
• Penzijní připojištění (Old Pension Scheme) Legacy pension insurance product (formerly known as penzijko) maintained for existing clients who transitioned from older pension schemes.
• NN Orange Benefit Employee benefit product for corporate clients, providing life insurance coverage as part of employer-sponsored benefit packages for companies in the Czech Republic.
• NN Finance (Financial Advisory Services) Financial advisory services provided by NN Finance specialists, offering professional guidance on financial planning, insurance, and pension products.

Quantifiable outcome

• Pojištění dlouhodobé péče won 1st place in Finanční produkt roku 2026 category by Finparáda.cz
• +2 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• NN FinancecoreGTM or Marketing PartnerNN Finance is a related financial advisory company operating under the NN Group, providing financial advisory services for NN insurance and pension products. Located at same address (Nádražní 344/25, Prague 5) and shares branding.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• UNIQA pojišťovna: Czech subsidiary of UNIQA Insurance Group providing life, health and pension products. Directly comparable as a Central European life and pension insurer with advisor-led distribution and similar SME and corporate employee benefits focus.
• Conseq Investment Management: One of the largest independent pension fund managers in the Czech Republic, administering participant funds within the doplňkové penzijní spoření scheme. Directly comparable to NN Penzijní společnost on the pension fund management side, competing for the same state-subsidized retirement savings flows.
• ČSOB Pojišťovna (ČSOB Group): Czech life insurer owned by KBC/ČSOB, distributed primarily through the ČSOB banking network. Comparable as a life and pension product carrier with bank-led distribution and a similar product set including risk life and supplementary pension savings.
• Kooperativa pojišťovna (Vienna Insurance Group): Czech subsidiary of Vienna Insurance Group offering life and non-life insurance plus pension products through a multi-channel advisor and branch network. Directly comparable as a multi-line Czech life insurer with overlapping employee benefits, life and pension portfolios.
• Generali Česká pojišťovna: Market-leading Czech life and non-life insurer, part of Generali Group, with deep branch network and strong presence in life, pension, and corporate employee benefits. Directly comparable given similar full-service life/pension offering and B2B2C distribution model.
• Allianz pojišťovna: Czech subsidiary of Allianz Group, offering life, non-life and pension products through agents, brokers and digital channels. Directly comparable as a globally-backed multi-line life insurer competing in the same corporate benefits and individual life/pension segments.
• MetLife Europe d.a.c. – Czech branch: Global life insurer operating a Czech branch focused on life insurance and pension savings through brokers and direct channels. Comparable to NN as an internationally-backed life and pension carrier targeting Czech consumers and corporate clients.

Broad incumbents

• Pioneer (Amundi) – Czech pension funds: Amundi operates participant funds within the Czech supplementary pension scheme via Pioneer investiční společnost, competing for the same retirement AUM. Comparable as a broader asset-management incumbent whose fund vehicles sit inside the same Czech pension wrapper that NN Penzijní společnost administers.
• AXA (Czech life operations / UNIQA integration): AXA historically operated life and pension products in Czechia before its CEE life portfolio was divested to UNIQA. Relevant as a former broad incumbent in the Czech life and pension market whose product overlap and customer base inform NN's competitive landscape.

Emerging players

• Maxima pojišťovna: Smaller Czech life insurer focused on risk life insurance and selected pension products, often distributed through tied advisor networks. Comparable as an emerging niche competitor in Czech risk life and pension, with overlapping customer targeting but lower scale than NN.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nn-life-and-pensions-cz

Revenue estimate

Valuation estimate

Number of profiles

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 NN pojišťovna a NN Penzijní společnost