Overview

BarmeniaGothaer is a mutual insurance group formed in 2024 by merging Barmenia Versicherungen and Gothaer Versicherungsbank VVaG, serving about eight million clients with property and casualty, health, life, retirement planning, and employee benefits, plus an asset manager overseeing around €50 billion. It pools policyholder premiums to underwrite coverage for private individuals and corporate clients, offering private customers traditional insurance with digital services and health options, and providing businesses with protection concepts and employee retention support. It is owned by policyholders, aligning incentives for long-term stability, and the merger combines Gothaer’s SME/commercial strengths with Barmenia’s retail and health focus, supported by an in-house asset management arm. Its goal is to provide a broad, policyholder-owned mix of insurance and financial services in Germany while maintaining financial strength and expanding its market position.