Overview
Neodigital Versicherung AG is a direct-to-consumer and B2B P&C insurance carrier licensed in Germany, underwriting liability, household, accident, property, motor vehicle, and residential building insurance. The company holds a full BaFin license granted in April 2018 and operates exclusively through digital channels with no paper-based workflows. Headquartered in St. Ingbert, Saarland, the carrier serves over 130,000 B2C policyholders via independent brokers and its direct myNeo online portal.
Beyond its consumer-facing products, Neodigital operates an Insurance-as-a-Service (IaaS) platform that enables established insurers and financial services companies to launch white-label insurance products on Neodigital's licensed SHU (Schaden-, Haftpflicht-, Unfall) carrier infrastructure. The modular platform covers the full insurance value chain -- policy administration, claims management, and customer and broker portals -- with API connectivity and BiPRO-standard compliance. The platform delivers automation rates exceeding 70-85% across policy and claims workflows, with 8+ live B2B customers including ALTE OLDENBURGER, VGH Versicherungen, and Automobilclub von Deutschland.
The company is privately held with a growth-stage investor base that includes HUK-COBURG Holding AG, HDI Versicherung AG, Elevat3 Capital (a vehicle with involvement from Peter Thiel via Founders Fund), coparion (government-backed VC), and Deutsche Rueckversicherung AG. In June 2025, HUK-COBURG acquired 100% of the affiliated Neodigital Autoversicherung AG, with a joint venture NDA Tech GmbH established for continued technology collaboration. Neodigital's 2024 annual report reflected an operating loss of approximately EUR 19 million, consistent with continued platform investment.
At a Glance
- Founded
- 2017
- Headquarters
- St. Ingbert, Saarland, Germany
- Employees
- 51-200
Category & Focus
Customers
- **ALTE OLDENBURGER Krankenversicherung AG** -- White-label liability and household products under the AO NOW brand; also an investor
- **VGH Versicherungen** -- Occupational health insurance technology collaboration (2026); partnered with Provinzial Krankenversicherung Hannover AG
- **HUK-COBURG Holding AG** -- Co-ventured Neodigital Autoversicherung AG; HUK-COBURG acquired 100% in June 2025; NDA Tech GmbH JV established
- **Automobilclub von Deutschland (AvD)** -- White-label motor insurance (2024)
- **Sueddeutsche Krankenversicherung** -- Multi-project collaboration
- **HDI Versicherung AG** -- Co-developed claims platform; also an investor
Last updated: 2026-06-04