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{{Short description|German life Insurance company}}
{{Multiple issues|{{refimprove|date=April 2019}}
{{COI|date=April 2019}}
{{Orphan|date=February 2019}}}}


{{Infobox company
{{Infobox company
| name = Lebensversicherung von 1871 a. G. München
| name = Lebensversicherung von 1871 a. G. München
Line 16: Line 22:
| products = Insurance
| products = Insurance
| website = [https://www.lv1871.de/lv www.lv1871.de/lv]
| website = [https://www.lv1871.de/lv www.lv1871.de/lv]
}}The '''Lebensversicherung von 1871 a. G. München''' ('''LV 1871''') is a German life insurance company headquartered in [[Munich]].<ref>{{cite web|url=https://www.lv1871.de/lv/impressum/|title=Impressum|last=|date=|year=|publisher=|pages=|language=de-DE|format=|archiveurl=|archivedate=|deadurl=|accessdate=2019-02-03|quote=|periodical=LV 1871|month=|day=}}</ref> LV 1871 specialises in life, pension and disability insurance. As a mutual insurance association, LV 1871 is exclusively committed to its customers. The company relies on approximately 8,500 independent insurance brokers to advise its customers.
}}The '''Lebensversicherung von 1871 a. G. München''' ('''LV 1871''') is a German [[life insurance]] company founded in 1871 and headquartered in [[Munich]].<ref>{{cite web|url=https://www.lv1871.de/lv/impressum/|title=Impressum|language=de-DE|accessdate=2019-02-03|periodical=Lv 1871}}</ref> LV 1871 specializes in life, pension and disability insurance.


== General Information ==
== General Information ==
Line 29: Line 35:
* ''[https://www.trias.de/ TRIAS Versicherung AG]'', Munich, Germany
* ''[https://www.trias.de/ TRIAS Versicherung AG]'', Munich, Germany


== Company History ==
== Company History<ref>{{cite web|url=https://www.lv1871.de/lv/geschichte/|title=Geschichte der LV 1871: Bedeutende Jahre in der Unternehmensgeschichte|last=|date=|year=|publisher=|pages=|language=de-DE|format=|archiveurl=|archivedate=|deadurl=|accessdate=2019-02-03|quote=|periodical=LV 1871|month=|day=}}</ref> ==
Source:<ref>{{cite web|url=https://www.lv1871.de/lv/geschichte/|title=Geschichte der LV 1871: Bedeutende Jahre in der Unternehmensgeschichte|language=de-DE|accessdate=2019-02-03|periodical=Lv 1871}}</ref>

* In 1871 the "Christkatholischer Begräbniß-Verein" (Catholic Funeral Association) was founded by a group of Munich citizens to ensure a dignified funeral for its members.
* In 1871, the "Christkatholischer Begräbniß-Verein" (Catholic Funeral Association) was founded by a group of Munich citizens, offering funeral insurance to its members.
* By 1927 the number of members had risen to 140,000. In that same year, the institution was converted into a [[mutual insurance]] association.
* By 1927, the number of members had risen to 140,000. In that same year, the institution was converted into a [[mutual insurance]] association.
* In 1929, in addition to the traditional funeral insurance, the association started in the life insurance business.
* In 1929, the association began offering life insurance.
* By 1933 the number of members had risen to 400,000. In 1938 the association was forced by the rulers of the [[Third Reich]] to rename itself and from then on operated under the name "''Münchener Begräbnisverein''" (Munich Funeral Association).
* By 1933, the number of members had risen to 400,000. In 1938 the association was forced by the rulers of the [[Third Reich]] to rename itself as "''Münchener Begräbnisverein''" (Munich Funeral Association).
* In July 1945, two months after the end of World War II, the association resumed business operations at Sendlinger Strasse 55 in Munich.
* In July 1945, two months after the end of World War II, the association resumed business operations at Sendlinger Strasse 55 in Munich.
* In 1954 the association had a portfolio of 1.1 million insurance contracts.
* In 1954 the association had a portfolio of 1.1 million insurance contracts.
* In 1969 the company renamed itself to "Lebensversicherung von 1871 a.G. München" to reflect the growing share of life insurance policies in its portfolio.
* In 1969, the company renamed itself to "Lebensversicherung von 1871 a.G. München" to reflect the growing share of life insurance policies in its portfolio.
* In 1977, the former Regina Palace Hotel at Maximiliansplatz 5, now referred to as the Regina-Haus (Regina House), became the new headquarters.[[File:Regina_Haus_Munich.jpg|link=https://en.wikipedia.org/wiki/File:Regina_Haus_Munich.jpg|alt=|thumb|270x270px|Reception hall and conference areas in Regina Haus, redesigned by [https://www.weber-standard.com/de/ Gert M. Weber] (1998)]]
* In 1977, the company moved its headquarters to Regina-Haus at Maximiliansplatz 5 (formerly the Regina Palace Hotel).[[File:Regina_Haus_Munich.jpg|alt=|thumb|270x270px|Reception hall and conference areas in Regina Haus, redesigned by [https://www.weber-standard.com/de/ Gert M. Weber] (1998)]]
* In 1987, the company choose a new image and a new logo (a stylised version of the symbol of Munich, the "[[Frauenkirche (München)|Frauenkirche]]" (''Cathedral of Our Dear Lady'') to express ist loyalty to its founding home, the city of Munich.
* In 1987, the company chose a new logo, a stylized version of the [[Frauenkirche (München)|"Frauenkirche]]" (''Cathedral of Our Dear Lady'') representing its founding home, the city of Munich.
* In 1993, shortly before the completion of the European Single Market, LV 1871 launched new products such as supplementary long-term care insurance as part of an overall [[pension plan]], disability insurance for the self-employed including a premium reimbursement guarantee, and [[critical illness insurance]] policies with capital advance in the case of serious illnesses.
* In 1993, shortly before the completion of the European Single Market, LV 1871 launched new products such as supplementary [[long-term care insurance]] as part of an overall [[pension plan]], disability insurance for the self-employed including a premium reimbursement guarantee, and [[critical illness insurance]] policies with capital advance in the case of serious illnesses.
* In 1999 LV 1871 launched "eXtra-Rente",<ref>{{Cite web|url=http://www.finanzen.net/eurams/bericht/Rente-Rentenversicherung-Lebenserwartung-Mehr-Rente-fuer-Kranke-1328715|title=Euro am Sonntag {{!}} Mehr Rente für Kranke {{!}} finanzen.net {{!}} Aktien {{!}} Börse {{!}} Fonds {{!}} Aktienkurse {{!}} Aktienanalysen {{!}} Börsenkurse|website=finanzen.net|language=de|access-date=2019-02-03}}</ref> an innovative pension insurance, which was awarded the ''Capital Innovation Prize'' for insurance.
* In 1999, LV 1871 launched "eXtra-Rente"<ref>{{Cite web|url=http://www.finanzen.net/eurams/bericht/Rente-Rentenversicherung-Lebenserwartung-Mehr-Rente-fuer-Kranke-1328715|title=Euro am Sonntag {{!}} Mehr Rente für Kranke {{!}} finanzen.net {{!}} Aktien {{!}} Börse {{!}} Fonds {{!}} Aktienkurse {{!}} Aktienanalysen {{!}} Börsenkurse|website=finanzen.net|language=de|access-date=2019-02-03}}</ref> pension insurance, which was awarded the ''Capital Innovation Prize'' for insurance.
* In January 2013,<ref>{{cite web|url=https://www.lv1871.de/lv/news/|title=News Archive|last=|date=|year=|publisher=|pages=|language=de-DE|format=|archiveurl=|archivedate=|deadurl=|accessdate=2019-02-03|quote=|periodical=LV 1871|month=|day=}}</ref><ref>{{Cite web|url=http://www.bocquel-news.de/4flex-ist-Vorsorgeprodukt-des-Jahres-2013.7014.php|title="4flex" ist Vorsorgeprodukt des Jahres 2013 - bocquell-news.de|website=www.bocquel-news.de|access-date=2019-02-03}}</ref> the trade journals ''Euro'' and ''Euro am Sonntag'' award the ''Golden Bull'' for the "4flex" product. Customers can choose between a classic retirement or a lump-sum payment, as well as between "eXtraRenten" (supplementary retirement income) or a long-term care insurance plan. In the event of a serious illness or the need for long-term care, the pension is flexibly adjusted.
* In January 2013,<ref>{{cite web|url=https://www.lv1871.de/lv/news/|title=News Archive|language=de-DE|accessdate=2019-02-03|periodical=Lv 1871}}</ref><ref>{{Cite web|url=http://www.bocquel-news.de/4flex-ist-Vorsorgeprodukt-des-Jahres-2013.7014.php|title="4flex" ist Vorsorgeprodukt des Jahres 2013 - bocquell-news.de|website=www.bocquel-news.de|access-date=2019-02-03}}</ref> the trade journals ''Euro'' and ''[[Euro am Sonntag]]'' awarded the ''Golden Bull'' for the company's "4flex" product. Customers can choose between a classic retirement or a [[Lump sum|lump-sum]] payment, as well as between "eXtraRenten" (supplementary retirement income) or a long-term care insurance plan. In the event of a serious illness or the need for long-term care, the pension is flexibly adjusted.

⚫
== Sources ==
⚫
<references />


== External links ==
== External links ==

* [https://www.lv1871.de/lv/ Lebensversicherung von 1871 a. G. München]
* [https://www.lv1871.de/lv/ Lebensversicherung von 1871 a. G. München]
* [https://portal.mvp.bafin.de/database/InstInfo/institutDetails.do?cmd=loadInstitutAction&institutId=1062 Lebensversicherung von 1871 a. G. München] in the [[Federal Financial Supervisory Authority|BaFin]] company database
* [https://portal.mvp.bafin.de/database/InstInfo/institutDetails.do?cmd=loadInstitutAction&institutId=1062 Lebensversicherung von 1871 a. G. München] in the [[Federal Financial Supervisory Authority|BaFin]] company database


[[Category:Financial services companies established in 1871]]
⚫
== Sources ==
⚫
[[Category:Financial services companies based in Munich]]
⚫
<references />
[[Category:1871 establishments]]

[[Category:Insurance companies of Germany]]

[[Category:Mutual insurance companies]]

⚫
[[Category:Companies based in Munich]]

Latest revision as of 02:03, 16 October 2024


Lebensversicherung von 1871 a. G. München
Company typeMutual insurance
IndustryPrimary insurers
Founded1871
HeadquartersMunich,
Germany
Key people
Board:
  • Wolfgang Reichel (Chairman of the Board)
  • Hermann Schrögenauer
  • Klaus Math

Chairman of the Supervisory Board:

  • Peter Hohenemser
ProductsInsurance
Websitewww.lv1871.de/lv

The Lebensversicherung von 1871 a. G. München (LV 1871) is a German life insurance company founded in 1871 and headquartered in Munich.[1] LV 1871 specializes in life, pension and disability insurance.

General Information

[edit]

The LV 1871 company group is managed by: CEO Wolfgang Reichel; Klaus Math, responsible for products, underwriting and IT; and Hermann Schrögenauer, in charge of sales and marketing. The chairman of the supervisory board is Peter Hohenemser.

The following subsidiaries are wholly owned by the parent company Lebensversicherung von 1871 a.G. München:

Company History

[edit]

Source:[2]

  • In 1871, the "Christkatholischer Begräbniß-Verein" (Catholic Funeral Association) was founded by a group of Munich citizens, offering funeral insurance to its members.
  • By 1927, the number of members had risen to 140,000. In that same year, the institution was converted into a mutual insurance association.
  • In 1929, the association began offering life insurance.
  • By 1933, the number of members had risen to 400,000. In 1938 the association was forced by the rulers of the Third Reich to rename itself as "Münchener Begräbnisverein" (Munich Funeral Association).
  • In July 1945, two months after the end of World War II, the association resumed business operations at Sendlinger Strasse 55 in Munich.
  • In 1954 the association had a portfolio of 1.1 million insurance contracts.
  • In 1969, the company renamed itself to "Lebensversicherung von 1871 a.G. München" to reflect the growing share of life insurance policies in its portfolio.
  • In 1977, the company moved its headquarters to Regina-Haus at Maximiliansplatz 5 (formerly the Regina Palace Hotel).
    Reception hall and conference areas in Regina Haus, redesigned by Gert M. Weber (1998)
  • In 1987, the company chose a new logo, a stylized version of the "Frauenkirche" (Cathedral of Our Dear Lady) representing its founding home, the city of Munich.
  • In 1993, shortly before the completion of the European Single Market, LV 1871 launched new products such as supplementary long-term care insurance as part of an overall pension plan, disability insurance for the self-employed including a premium reimbursement guarantee, and critical illness insurance policies with capital advance in the case of serious illnesses.
  • In 1999, LV 1871 launched "eXtra-Rente"[3] pension insurance, which was awarded the Capital Innovation Prize for insurance.
  • In January 2013,[4][5] the trade journals Euro and Euro am Sonntag awarded the Golden Bull for the company's "4flex" product. Customers can choose between a classic retirement or a lump-sum payment, as well as between "eXtraRenten" (supplementary retirement income) or a long-term care insurance plan. In the event of a serious illness or the need for long-term care, the pension is flexibly adjusted.

Sources

[edit]
  1. ^ "Impressum". Lv 1871 (in German). Retrieved 2019-02-03.
  2. ^ "Geschichte der LV 1871: Bedeutende Jahre in der Unternehmensgeschichte". Lv 1871 (in German). Retrieved 2019-02-03.
  3. ^ "Euro am Sonntag | Mehr Rente für Kranke | finanzen.net | Aktien | Börse | Fonds | Aktienkurse | Aktienanalysen | Börsenkurse". finanzen.net (in German). Retrieved 2019-02-03.
  4. ^ "News Archive". Lv 1871 (in German). Retrieved 2019-02-03.
  5. ^ ""4flex" ist Vorsorgeprodukt des Jahres 2013 - bocquell-news.de". www.bocquel-news.de. Retrieved 2019-02-03.
[edit]
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