The DEVK Group is directed by two mutual insurance companies: one for life (DEVK Lebensversicherungsverein a.G.) and one for non-life business (DEVK Sach- und HUK-Versicherungsverein a.G.), founded by railway workers respectively in 1886 and 1889. DEVK covers today the whole range of financial and insurance services open for all private customers.

With roundabout 4 million policyholders, DEVK is today in 3rd place on the home insurance German market as regards the number of policies, in 6th place on the public liability market and in 5th on the passenger car insurance market.

Supervisory & Management Boards

  • Chair of the Supervisory Board: Alexander KIRCHNER
  • Chair of the Management Board: Gottfried RÜßMANN
  • Motor Insurance
  • Home/Public Liability/Accident Insurance
  • Life Insurance/Pension Funds
  • Legal Protection Insurance
  • Health/Sickness/Disability Insurance
  • Reinsurance
  • Direct distribution through exclusive agents
  • Banking network of the Sparda Banken
  • Online sale on www.devk.de and through the comparison website www.check24.de
  • Total Turnover: €3,148.8M (*)
    Of which Non-Life Insurance: €2,295M
    Of which Life Insurance: €853.8M
  • Number of policies: 14.18 million
  • Number of policyholders: Around 4 million
  • Points of sales: 19 Regional Administrative centres and 1,258 service offices
  • Number of employees: 3,135
  • Sales force: 2,777 full time agents and 2,500 part-time
  • Total Equity capital: €1,823.5M
  • Assets under management: €16,372M

(*) Including SADA Assurance (France) and Reinsurance

3,148,800,000

Total Turnover

3,135

Employees

4,000,000

Policyholders
DEVK Versicherungen