SV Sparkassenversicherung Holding

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SV Sparkassenversicherung Holding Aktiengesellschaft

logo
legal form Corporation
Seat Stuttgart
management Andreas Jahn ( CEO )
Number of employees 5,000 ( 2012 )
sales 3.01 billion euros ( 2012 contributions according to IFRS )
Branch insurance
Website www.sparkassenversicherung.de

The SV SparkassenVersicherung Holding AG bundles the insurance offer the savings banks of Baden-Wuerttemberg , Hesse , Thuringia and parts of Rhineland-Palatinate . It is a nationwide building insurer and the third largest public insurance company in Germany. The company is based in Stuttgart , with other locations in Erfurt , Karlsruhe , Kassel , Mannheim and Wiesbaden .

Companies

SV headquarters at Löwentor in Stuttgart
Business areas of the public insurers in Germany

The SV Sparkassenversicherung Holding Group , which takes on strategic management, includes the property and casualty insurers SV Sparkassenversicherung Gebäudeversicherung Aktiengesellschaft and SV Sparkassenversicherung Lebensversicherung Aktiengesellschaft. SV Sparkassenversicherung is part of the Sparkassen-Finanzgruppe , operates around 400 of its own agencies and also sells its products through the 4,700 branches of the regional savings banks in the business area.

history

SV branch on Bahnhofsplatz in Wiesbaden
Tin advertising sign for the Hessian Fire Insurance Institute in Kassel in the Hessenpark

The company emerged from the merger of the savings bank insurers in Baden-Württemberg, Hesse, Thuringia and parts of Rhineland-Palatinate on January 1, 2004. This was only the last merger in a long company history spanning more than 250 years. Its oldest root, the Badische Gebäudeversicherungsanstalt (Brand-Assecurations-Societät) , was founded in Karlsruhe in 1758 by the then Margrave Karl Friedrich von Baden . 15 years later, the General Fire Damage Insurance Institute was founded by Duke Carl Eugen von Württemberg in Ludwigsburg . Similar to Baden-Württemberg, the historical roots in Hesse and Nassau go back deeply to the Hessian Fire Insurance Institute Kassel (1767), the Hessian Fire Insurance Chamber Darmstadt (1777) and the Nassau Fire Insurance Institute Wiesbaden (1806). In addition to their duties as an insurer, they promoted the development of the fire service in their areas not insignificantly through grants for the acquisition of fire fighting equipment and payment of extinguishing premiums after fires.

The abolition of monopoly and compulsory insurance in the course of the liberalization of the insurance market in 1994 was decisive for the development of today's group. This meant that the state-owned building insurance companies had to be privatized. In both Baden-Württemberg and Hesse , the building insurance companies were merged in several stages and sold to the respective savings bank insurers. The history of property, accident and life insurance of the savings bank insurers goes back to the beginning of the 20th century. There, too, there was initially regional fragmentation. At the end of the 1990s, the opportunity was used to advance the consolidation as a whole, so that in 2000 there was only one savings bank insurer each in Baden-Württemberg, Hesse and Thuringia. In 2004 these savings bank insurers merged to form today's SV Sparkassenversicherung Holding Aktiengesellschaft .

Corporate structure

Group structure and owners

The owners of SV SparkassenVersicherung Holding Aktiengesellschaft are a savings bank holding company consisting of the Sparkassenverband Baden-Württemberg and the Sparkassen in Baden-Württemberg with 63.3%, the Sparkassen- und Giroverband Hessen-Thüringen with 33% and the Sparkassenverband Rheinland-Pfalz with 3 , 7%. SV Holding holds 99.9% of SV Sparkassenversicherung Lebensversicherung, 98.7% of SV Sparkassenversicherung Gebäudeversicherung and 100% of SV Informatik GmbH.

Web links

supporting documents

  1. SV SparkassenVersicherung: Business figures 2012 (PDF; 1.5 MB)
  2. ^ SV Sparkassenversicherung: About us
  3. Franz-Josef Sehr : The founding years of the volunteer fire brigade Obertiefenbach . In: Yearbook for the Limburg-Weilburg district 1995 . The district committee of the district of Limburg-Weilburg, Limburg 1994, p. 170-171 .
  4. 250 years of SV SparkassenVersicherung - Elementar. Insured. ( Memento from December 15, 2013 in the Internet Archive ) (PDF; 8.9 MB)
  5. Corporate structure of SV Sparkassenversicherung , as of July 10, 2019