Signal Iduna Krankenversicherung is headquartered in Dortmund and is part of the Signal Iduna Gruppe, one of the largest general insurance companies in Germany. In April 2017,
Deutscher Ring Krankenversicherung aG merged with SIGNAL Krankenversicherung aG to form Signal Iduna Krankenversicherung
Signal Iduna generated premium total of 5.91 billion euros in 2019. Asset investments amounted to 80.52 billion euros in 2019. Just over 10,000 people work for the group. Sales are primarily carried out by around 2,800 self-employed exlusive insurance brokers.
The Signal Iduna Group has many subsidiaries, which includes:
Signal Iduna Krankenversicherung a. G., Dortmund
Signal Iduna Lebensversicherung a. G., Hamburg
Signal Iduna Unfallversicherung a. G., Dortmund
Signal Iduna Allgemeine Versicherung Aktiengesellschaft, Dortmund
PVAG Polizeiversicherungs-Aktiengesellschaft, Dortmund
Versicherer für den Öffentlichen Dienst, Hamburg
Signal Iduna Pensionskasse AG, Berlin
Adler Versicherung AG, Berlin
DEURAG Deutsche Rechtsschutz-Versicherung / DEURAG Deutsche Rechtsschutz-Versicherung AG, Wiesbaden
Donner & Reuschel Aktiengesellschaft
die HANSAINVEST Hanseatische Investment-GmbH
die Signal Iduna Bauspar AG sowie
die Signal Iduna Asset Management GmbH
History
Iduna Nova was created as the result of an initiative by independent craftsmen who founded a health and death insurance fund in Hamburg in 1906. Dortmund master craftsmen followed their example a year later and also set up a similar fund. The Hamburg Chamber of Crafts had an important role in the founding and retains certain rights to this day.
The Signal Iduna Group is now open to all sections of the population.
The name Iduna is derived from the Norse deity "Idun(a)", the goddess who was responsible for the apples that the gods had to eat to preserve their youth and thus, as it were, their immortality.
What are the benefits to Signal Iduna Krankenversicherung?
Signal Iduna Krankenversicherung is a major player n the field of health insurance and provide coverage for around 2 million people. As with all the other major companies in this field, they do not cater to the expatriate market, which can be a problem for those who do not speak German. As such there are more expat-friendly private health insurance companies in Germany. Nevertheless, the size and breadth of services supplied, make Signal Iduna Krankenversicherung a safe bet for those who are able to complete the claim forms in German.
If Signal Iduna Krankenversicherung is not for you, or you wish to find out which is the most popular choice for expatriates (including those insurers who provide services in English), then The Eye Newspapers, which is run by expatriates and German nationals alike, is able to guide you around any obstacles or answer any of your questions. Just fill out the form below and we will get back to you usually within a few hours. We are aware of the strain that acquiring health insurance can pose, and how different it is in Germany compared to many other parts of the world, so feel free to ask us for a recommendation or assistance.