solidar
SOLIDAR is a German mutual insurance association (VVaG) founded in 1922 in Bochum, offering burial expense insurance to approximately 85,000 members across 500,000+ contracts. It serves retail customers through funeral directors, brokers, and digital channels, with no external shareholders.
- Company typePrivate
- Founded1922
- HeadquartersBochum, Germany
- Headcount—
- GTM typeB2C
- OfferingServices
What solidar does
SOLIDAR Versicherungsgemeinschaft Sterbegeldversicherung VVaG is a German mutual insurance association (Versicherungsverein auf Gegenseitigkeit) founded in 1922 and headquartered in Bochum, specializing exclusively in burial expense insurance (Sterbegeldversicherung). The company serves approximately 85,000 members under more than 500,000 active contracts, with insured burial funds of approximately €333 million and capital investments of approximately €165 million on its balance sheet. It operates under BaFin supervision and holds no external shareholders, with surpluses accruing to the mutual membership rather than to equity providers.
The product portfolio is intentionally narrow: three tariff variants (Tariff 18, Tariff 19, and Tariff EB) addressing different ages, health profiles, and entry timing, with Tariff EB providing immediate coverage without standard waiting periods. Underlying technology is conventional insurance administration — actuarial reserves, policy administration systems, and claims processing — delivered through a mix of traditional partner channels (funeral directors, brokers) and an increasingly digital front-end (online application, customer portal, mobile app). No public APIs, AI/ML capabilities, or platform integrations are disclosed.
The business model is a hybrid of mutual insurance economics and fee/premium revenue: members pay recurring premiums (typically low absolute amounts for burial cover), returns are pooled and invested, claims are paid on death, and any surplus supports either premium stability or member benefits. Customer acquisition relies on trust-based referrals through funeral directors and brokers, complemented by direct digital onboarding. The company has pursued inorganic growth through portfolio transfers (Wuppertal/Schwerte in 2016) and mergers/acquisitions of smaller Sterbekassen (Knappschaft-Bahn-See in 2022, Geesthacht in 2024), consolidating a fragmented German funeral-insurance niche.
solidar firmographics
Firmographics- Name
- solidar
- Legal name
- SOLIDAR Versicherungsgemeinschaft Sterbegeldversicherung VVaG
- Website
- https://solidar-versicherung.de
- Company type
- Private
- Founded year
- 1922
- Operating status
- Operating
- Short description
- SOLIDAR is a German mutual insurance association (VVaG) founded in 1922 in Bochum, offering burial expense insurance to approximately 85,000 members across 500,000+ contracts. It serves retail customers through funeral directors, brokers, and digital channels, with no external shareholders.
- Ownership category
- akta.pro rank
solidar industry classification
Industry- Product category
- Burial Insurance
- NAICS
- Direct Life Insurance Carriers (524113)
- SIC
- Life Insurance (6311), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Whole Life Insurance (FSAIABAA)
- akta.pro secondary industries
- Participating (Dividend) Whole Life Insurance (FSAIABAI), Simplified Issue Whole Life / UL Insurance (FSAIABAH), Whole Life / UL Policy Riders & Add-ons (e.g., Waiver of Premium, Accidental Death, Child Term, LTC/Chronic Illness) (FSAIABAK)
Keywords
Where solidar is headquartered
LocationHeadquarters
- HQ city
- Bochum
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
solidar business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Others, Marketing or Sales, Technology or R&D
Revenue model
- Insurance Premium Revenue: SOLIDAR generates revenue through burial insurance premiums paid by members. Premiums can be paid monthly, quarterly, semi-annually, annually, or as a one-time payment (Einmalbeitrag). Members become policyholders and co-owners of the mutual insurance association.
- One-Time Premium (Tarif EB): Single premium payment option for burial insurance coverage, where members pay the full contribution upfront.
- Profit Participation Mechanism: As a VVaG, profits are distributed back to members through bonus payments, contribution discounts, and benefit increases rather than being retained as corporate profit.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Tarife 18 - Payment until age 85 |
| Subscription | Monthly | Tarife 19 - Payment until age 65 |
| One time/ perpetual license | Pay-as-you-go | Tarife EB - Single Premium Payment |
| Subscription | Monthly | Kindermitversicherung (KMV) - Child Co-Insurance |
| Hybrid | Monthly | Contribution Discount (Beitragsrabatt) |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
solidar product offering
Product offeringCore offering
SOLIDAR is a Versicherungsverein auf Gegenseitigkeit (mutual insurance association) that sells Sterbegeldversicherung (burial expense insurance) to German individuals and families. The core product is a guaranteed-sum whole life insurance policy that pays out upon the policyholder's death to cover funeral costs, with no health examination required and 100% of profits distributed back to members. Three tariff variants (Tarife 18, 19, and EB) and a child co-insurance rider are offered.
Product overview
SOLIDAR is a Versicherungsverein auf Gegenseitigkeit (mutual insurance association) that offers a single, focused product portfolio centered on Sterbegeldversicherung (burial/death insurance). The core product is a purpose-built whole life insurance policy designed to cover funeral and burial costs, offered in three tariff variants: Tariff 18 (contributions until age 85), Tariff 19 (contributions until age 65), and Tariff EB (single one-time premium). These tariffs share the same guaranteed base coverage and surplus participation system but differ in contribution payment duration and entry age limits. A child co-insurance rider (KMV) extends coverage to dependents aged 0–13 under the parent's policy. All policyholders receive up to 18% contribution discounts and full profit participation. SOLIDAR also provides supplementary advisory services including a burial pre-arrangement contract (in partnership with funeral homes) and free downloadable advance care documents (burial directives, patient directives, powers of attorney).
Differentiator
Problem solved
Functional benefit
Products and services
- Sterbegeldversicherung (Burial Insurance) A purpose-built whole life insurance policy that pays a guaranteed sum plus profit participation to cover funeral and burial costs upon the policyholder's death. No health examination is required and coverage features a tiered waiting period with full double-sum payout for accidental death. Offered in three tariff variants: Tariff 18 (contributions until age 85, sum up to €8,000), Tariff 19 (contributions until age 65, entry age 14-60), and Tariff EB (single one-time premium, entry age 18-75, sum €3,000-€8,000). Targeted at German individuals and families seeking to protect heirs from funeral costs averaging €6,000-€8,000.
- Kindermitversicherung (KMV) – Child Co-Insurance Child co-insurance coverage enabling children aged 0-13 to be insured under a parent or guardian's burial insurance policy. Coverage extends until the child's 14th birthday, with monthly, quarterly, half-yearly, or annual contribution options. From €0.47/month for entry age 14 with €500 sum insured. No health examination required.
- Bestattungsvorsorgevertrag (Burial Pre-Arrangement Contract) An advisory service offered in partnership with funeral homes, enabling policyholders to pre-arrange their funeral details (type of burial, ceremony, casket, location) in a written contract. When combined with the burial insurance policy, the insurance payout can be assigned directly to the funeral home via irrevocable beneficiary designation or payment assignment.
Quantifiable outcome
- Average burial cost in Germany is €7,252 for earth burial and €4,260 for urn burial, which SOLIDAR insurance covers.
- +3 more outcomes
Companies that use solidar
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
solidar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
solidar partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered major, minor and core.
- Sterbekasse Geesthacht von 1923 (Übernommen)majorAcquisition of insurance portfolio from Sterbekasse Geesthacht of 1923. Approved by Schleswig-Holstein state supervision and BaFin after intensive review process. Ensures continued fulfillment of Leistungsansprüche (benefit claims) for former members.
- Sterbekasse Knappschaft-Bahn-See VVaG (Verschmolzen)majorMerger approved at year-end. The burial insurance fund for employees of Deutsche Rentenversicherung Knappschaft-Bahn-See from Bochum was merged into SOLIDAR. Approximately 7,200 additional members transferred to SOLIDAR as part of this consolidation.
- Sterbekassen Wuppertal und Schwerte (Übernommen)minorTransfer of insurance portfolios from two other burial insurance funds in Wuppertal and Schwerte to SOLIDAR, contributing to membership growth.
- Bestattungsunternehmen (Funeral Directors)coreSOLIDAR offers a partner program for funeral directors (Bestatter). Funeral companies recommend SOLIDAR burial insurance for funeral pre-arrangement contracts, earning commissions and securing future business. Partners receive personalized application links and marketing materials.
- Versicherungsmakler (Insurance Brokers)coreInsurance brokers sell SOLIDAR burial insurance products through the partner program. Application process requires no money laundering verification or ID copy. Commission paid one month after first premium receipt.
- FinanceAds GmbH & Co. KGminorAffiliate marketing network partner. Website operators can register via financeAds to promote SOLIDAR products online and earn commissions for generated leads and sales.
- Deutsche Bischofskonferenz (Sustainability Partners)minorSOLIDAR invests in real estate together with church investors and non-profit foundations that meet the sustainability criteria of the German Bishops' Conference. Rejected real estate purchase where commercial tenant sold products to the defense industry.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
solidar competitors and assessment
Company assessmentOthers
- Deutsche Bestattungsvorsorge Treuhand AG: German trust company administering funeral pre-arrangement contracts, frequently co-sold with burial insurance. Complementary to SOLIDAR's product rather than a competitor, since it provides custodial trust services rather than underwriting insurance risk.
Broad incumbents
- LV 1871 Lebensversicherung AG: Established German mutual life insurer offering a broader product portfolio including final expense and whole life. Comparable to SOLIDAR on mutual governance and German individual life market, though not specialized in burial-only coverage.
- R+V Lebensversicherung AG: Large German cooperative-affiliated insurer offering life products including burial-related coverage. Comparable on German individual consumer life insurance market, though not specialized in burial-only policies.
- CosmosDirekt Versicherungen: German direct-to-consumer insurer with life insurance including burial/final expense coverage. Competes with SOLIDAR on the digital application experience and price-sensitive consumer segments.
- Allianz Lebensversicherungs-AG: Germany's largest life insurer offering burial expense riders within broader life and savings products. Competes with SOLIDAR on the funeral cost protection need but from a much wider product portfolio and brand scale.
- Württembergische Versicherung AG: Mid-sized German mutual insurer offering life products with burial expense options. Comparable on mutual governance and southern-German customer segments, though product breadth is significantly wider than SOLIDAR's.
- HUK-Coburg Lebensversicherung: Large German mutual insurer with life and burial-related products. Comparable on mutual governance and German individual customer focus, though it operates a much broader portfolio than SOLIDAR.
Direct peers
- Rheinisch-Westfälische Sterbekasse Lebensversicherung AG: German Sterbekasse offering burial and death-benefit life insurance with mutual-style characteristics. Comparable to SOLIDAR on product (small-sum whole life for funeral costs), customer segment, and German distribution footprint.
- Münchener Verein Versicherungsgruppe: German mutual insurer offering life and Sterbegeld products. Comparable on VVaG-style mutual structure, German consumer focus, and life insurance product mix.
- Hannoversche Sterbekasse VVaG: Regional German mutual burial insurance fund (VVaG) offering Sterbegeldversicherung policies. Directly comparable to SOLIDAR on legal structure, product specialization, and target member base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights8 records
Customer concentration
solidar social profiles
Digital presencesolidar financial estimates
Financial estimateRevenue estimate
Valuation estimate
solidar leadership team
Management profileNumber of profiles
Profiles8 records
solidar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
solidar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about solidar
What does solidar do?
SOLIDAR is a Versicherungsverein auf Gegenseitigkeit (mutual insurance association) that sells Sterbegeldversicherung (burial expense insurance) to German individuals and families. The core product is a guaranteed-sum whole life insurance policy that pays out upon the policyholder's death to cover funeral costs, with no health examination required and 100% of profits distributed back to members. Three tariff variants (Tarife 18, 19, and EB) and a child co-insurance rider are offered.
Is solidar a public or private company?
solidar is a private company. It is classified as management employee owned and is currently operating.
When was solidar founded?
solidar was founded in 1922.
Where is solidar based?
solidar is headquartered in Bochum, Germany, in the Europe region.
How does solidar make money?
Three revenue lines are on record. Insurance Premium Revenue is the primary driver. The others are one-Time Premium (Tarif EB) and profit Participation Mechanism.
Who are solidar's main competitors?
Deutsche Bestattungsvorsorge Treuhand AG is listed as an others. Broad incumbents are LV 1871 Lebensversicherung AG, R+V Lebensversicherung AG, CosmosDirekt Versicherungen, Allianz Lebensversicherungs-AG, Württembergische Versicherung AG and HUK-Coburg Lebensversicherung. Direct peers are Rheinisch-Westfälische Sterbekasse Lebensversicherung AG, Münchener Verein Versicherungsgruppe and Hannoversche Sterbekasse VVaG.
Does solidar have an API?
No public API is recorded for solidar.
What industry is solidar in?
solidar's product category is Burial Insurance. Its primary akta.pro industry code is FSAIABAA, Whole Life Insurance, with a secondary code of FSAIABAI, Participating (Dividend) Whole Life Insurance. Its NAICS code is 524113 and its SIC code is 6311.