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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 and through the comparison website
  • Total Turnover: €3,332.8M (*)
    Of which Non-Life Insurance: €2,378.4M
    Of which Life Insurance: €954.4M
  • Number of policies: 14.54 million
  • Number of policyholders: Around 4 million
  • Points of sales: 19 Regional Administrative centres and 1,223 service offices
  • Number of employees: 3,215
  • Sales force: 2,158 full time agents and 1,023 part-time
  • Total Equity capital: €2,080.5M
  • Assets under management: €17,965.9M

(*) Including SADA Assurance (France) and Reinsurance

*2017 Figures


Total Turnover