Targo insurance

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Targo insurance

logo
legal form Corporation
founding 1985
Seat Hilden, GermanyGermanyGermany 
management Iris Kremers, CEO
Number of employees 60
sales booked gross premiums:
  • Targo life insurance: EUR 1,123 million
  • Targo insurance: EUR 121 million
Branch Insurance
Website targoversicherung.de

The Targo insurers are operating in Germany insurers based in Hilden, consisting of the two companies Targo Lebensversicherung AG and Targo Versicherung AG. The companies are part of the Talanx Group , which includes various insurance companies, HDI , Hannover Re and asset manager Ampega . The Targobank is the exclusive partner of Targo Versicherungen since the beginning of the cooperation. The insurance products are primarily sold through Targobank.

activity

Targo Insurance is active in the German insurance market and sells insurance and provision products.

Corporate structure

Talanx AG is the sole shareholder of Targo Insurance. Targo life insurance and Targo insurance are among the Targo insurance companies.

history

Targo Insurance was founded in 1985 as KKB Lebensversicherung under KKB Bank . When KKB Bank was taken over by Citibank in 1991 , the name changed to Citi Life Insurance. A year later, Citi Insurance was founded for products in the property sector. In 1996, as part of a long-term cooperation between Talanx and Citibank, the owner and name of what was then Citi Versicherung changed to CiV Versicherungen. In 2008 Citibank was sold by the then largely unknown French banking group Credit Mutuel . Two years later, both Citibank and CiV Insurance were renamed. They have been called Targobank and Targo Insurance since 2010.

Talanx Group

Targo Insurance is part of the Private and Corporate Insurance Germany division in the Talanx Group. The Bancassurance company, i. H. to be assigned to the sale of insurance products via the bank counter . The domestic banking partnerships of the Talanx Group are pooled there.

Ratings and reviews

Web links

Individual evidence

  1. At a glance. Retrieved February 25, 2020 .
  2. About us. Retrieved February 25, 2020 .
  3. Talanx. Retrieved February 25, 2020 .
  4. history. Retrieved February 25, 2020 .
  5. TARGO Insurance. Retrieved on February 25, 2020 (German).
  6. Awards. Retrieved February 25, 2020 .
  7. Company ratings . Retrieved February 25, 2020 .