HUK-COBURG Versicherungsgruppe
Also known as HUK-COBURG, HUK-Coburg, HUK-COBURG Haftpflicht-Unterstützungs-Kasse kraftfahrender Beamter Deutschlands a.G., HUK-COBURG Haftpflicht-Unterstützungs-Kasse kraftfahrender Beamter Deutschlands auf Gegenseitigkeit in Coburg
Coburg mutual insurance group with €43.3bn of investments (2025); building private-equity and infrastructure allocations; investor in the Wachstumsfonds Deutschland VC fund of funds.
Coburg-based mutual insurance group (HUK24 is its online brand); not the HUK-Verband (former name of the German motor insurers' association).
- HEADQUARTERS
- Coburg, Germany
- FOUNDED
- 1933
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 8 people
Focus
- STAGES
- —
- SECTORS
- —
- ASSET MIX
- Private equityVenture capitalFunds (as LP)Real estatePrivate credit
- GEOGRAPHY
- —
Investment arms & vehicles
- HUK-COBURG Asset Management GmbHWholly owned group company that runs the group's investments (the report's 'Cluster Kapitalanlage')
- HC FCP-FIS Private Equity / HC FCP-FIS Infrastructure / HC FCP-FIS Debt (Munsbach, Luxembourg)Wholly owned special-purpose fund vehicles consolidated in the group accounts, used for private-equity, infrastructure and debt investments
Overview
HUK-COBURG was founded on 3 September 1933 in Erfurt as a mutual liability fund for civil-servant drivers and is today one of Germany's ten largest insurance groups and its largest motor insurer, headed by the mutual HUK-COBURG Haftpflicht-Unterstützungs-Kasse kraftfahrender Beamter Deutschlands a.G. in Coburg. The group's investments rose to €43.35bn in 2025; its 2025 group report says holdings in affiliates and participations grew mainly because of the continued build-up of the alternative asset classes private equity and infrastructure, held through Luxembourg vehicles HC FCP-FIS Private Equity, Infrastructure and Debt. KfW Capital named HUK-Coburg among the institutional investors in the €1bn Wachstumsfonds Deutschland venture-capital fund of funds at its final closing in November 2023. The group also holds strategic stakes such as onpier, SDA SE and, since 2025, majorities in pitstop.de and all of Neodigital Autoversicherung.
PORTFOLIO (7)
- Wachstumsfonds Deutschland (VC fund of funds, KfW Capital advised)since 2023
- Golding Infrastructure Co-Investment 2016 Feeder FCP-FIAR (86.21% held)
- EMPIRA Fonds III FCP-RAIF – Empira Real Estate Finance Fund IV Feeder (79.98% held)Real Estate & PropTech
- Neodigital Autoversicherung AG (100% since Dec 2025)Fintech · since 2025
- pitstop.de (84.9% via pitstop.de Holding; further 59.8% bought Jan 2025)Mobility & Logistics · since 2025
- onpier GmbH (65%)Software & SaaS
- SDA SE Open Industry Solutions (22.68%)Software & SaaS
People
- Klaus-Jürgen HeitmannSpokesman of the Board of Management (Vorstandssprecher) · source
- Thomas SehnBoard member; responsible for investments (Kapitalanlagen), accounting & finance, controlling, real estate, tax, sustainability · source
- Stefan GronbachBoard member (customer service centre, marketing, sales) · source
- Dr. Degenhard MeierBoard member (personal lines) · source
- Dr. Helen ReckBoard member (people & culture, legal & compliance, group services) · source
- Dr. Jörg RheinländerBoard member (motor; liability, accident and property insurance) · source
- Daniel ThomasBoard member (operations, digital services, IT) · source
- Prof. Dr. Heinrich R. SchradinChairman of the Supervisory Board · source
Links
Frequently asked questions
HUK-COBURG Versicherungsgruppe is a institutional investor based in Coburg, Germany, founded in 1933.
Yes. HUK-COBURG Versicherungsgruppe invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Key people at HUK-COBURG Versicherungsgruppe include Klaus-Jürgen Heitmann (Spokesman of the Board of Management (Vorstandssprecher)), Thomas Sehn (Board member; responsible for investments (Kapitalanlagen), accounting & finance, controlling, real estate, tax, sustainability), Stefan Gronbach (Board member (customer service centre, marketing, sales)) and Dr. Degenhard Meier (Board member (personal lines)).
HUK-COBURG Versicherungsgruppe's investments include Wachstumsfonds Deutschland (VC fund of funds, KfW Capital advised), Golding Infrastructure Co-Investment 2016 Feeder FCP-FIAR (86.21% held), EMPIRA Fonds III FCP-RAIF – Empira Real Estate Finance Fund IV Feeder (79.98% held), Neodigital Autoversicherung AG (100% since Dec 2025), pitstop.de (84.9% via pitstop.de Holding; further 59.8% bought Jan 2025), onpier GmbH (65%) and SDA SE Open Industry Solutions (22.68%).
The most recent publicly reported investment by HUK-COBURG Versicherungsgruppe is Neodigital Autoversicherung AG (further 49%, to 100%), announced in Dec 2025.
No. HUK-COBURG Versicherungsgruppe invests its own capital and does not raise money from outside investors.