GVV Direkt
Experiences, reviews and information about the provider
Details
Pros
- Backing from the municipal insurance group GVV
- Niche products such as dog owner's liability also in the range
Cons
- No branch network and no on-site advice
- A much smaller product range than at large groups
- Basic plans with a noticeably reduced scope of benefits
- The brand is little known outside the municipal sector
Fact sheet: GVV Direkt
| Company name | GVV Direkt |
| Founded | 1989 |
| Headquarters | Köln |
| Country | 🇩🇪 Germany |
| Type | versicherer |
| Website | gvv-direkt.de |
About GVV Direkt
GVV Direktversicherung AG, based in Cologne, is the retail arm of GVV Versicherungen. Its share capital is held 100 percent by GVV Kommunalversicherung VVaG, which was founded in 1911 by Rhineland-Westphalian municipalities as a municipal insurer. The retail business has existed since 1989 and was originally aimed at employees and elected representatives of cities, municipalities, municipal enterprises, savings banks and volunteer fire brigades, but is now open to everyone. The offer includes personal liability, home contents, buildings, dog owner's liability, accident and motor insurance. As a German insurance stock corporation, GVV Direkt is subject to insurance supervision by BaFin (the German financial regulator).
Special features
- Parent company GVV Kommunalversicherung founded in Cologne by municipalities in 1911
- Retail business since 1989, initially only for municipal employees
- Emerged from the former GVV-Privatversicherung AG
- Share capital entirely owned by a mutual insurance association