HUK-COBURG is Germany's largest auto insurer and one of the country's top ten insurance groups. Founded in 1933 as a mutual support fund for civil servants, the company provides insurance coverage for private households across automobile, property, health, legal, accident and disability lines, serving more than 13 million customers. It employs over 10,000 professionals and is headquartered in Coburg.
The company is organised as a member-owned cooperative rather than a shareholder-owned insurer. Elected member representatives take part in governance decisions, and the stated focus is on member interests rather than profit maximisation. Affordability of coverage has been a founding principle since its origins as a mutual fund for members of professional associations. The business operates without external funding.
On the technical side, HUK-COBURG works on digital insurance platforms, online policy management, online insurance distribution and digital self-service tools. HUK24, launched in 2000, is a digital subsidiary serving customers who prefer to manage their insurance online. Meine HUK is an online tool for policy management that combines digital self-service with access to personal professional consultation.
