# ARAG Versicherungsgruppe

ARAG Versicherungsgruppe is an Insurance based in Dusseldorf, Germany.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Dusseldorf, Germany
- **Region:** Europe
- **Address:** ARAG Platz 1, 40472 Dusseldorf, Germany
- **Founded:** 1935
- **Assets under management:** Undisclosed
- **Website:** www.arag.com
- **LinkedIn:** https://www.linkedin.com/company/arag

## Regulatory record

- **Reports private funds:** No

## About

ARAG Versicherungsgruppe was established in 1935 by Heinrich Faßbender in Düsseldorf. Paul-Otto Faßbender serves as majority owner and chairman of the supervisory board. The group writes legal protection insurance as its core product alongside health, life and general lines. ARAG maintains 100 percent ownership of ARAG SE, ARAG Krankenversicherungs-AG and ARAG Allgemeine Versicherungs-AG in Germany. It also owns HELP Forsikring AS in Norway, ARAG Legal Solutions Inc. in Canada and ARAG Services Australia Pty Ltd. Geographic reach extends to 19 countries. The firm holds a 29.2 percent stake in AXA-ARAG Rechtsschutz AG in Switzerland and participates as a limited partner in Ardian Buyout Fund V. The group employs staff across its Düsseldorf headquarters and Munich office. ARAG owns the 125-meter ARAG Tower designed by Foster + Partners and maintains a contemporary art collection. In April 2025 the firm held its annual press conference in Düsseldorf to review financial results. Ownership is consolidated through ARAG Holding SE and AFI Verwaltungs-GmbH, creating a single control layer over all insurance subsidiaries and the group's real-estate and investment holdings.

## Sectors

- Insurance
- Financial Services

## Offices

- Munich, Germany

## People

- Paul-Otto Faßbender — Chairman of the Supervisory Board of ARAG SE
- Renko Dirksen — Chairman of the Management Board of ARAG SE
- Heinrich Faßbender — Founder

## Questions

### Who runs investment decisions at ARAG Versicherungsgruppe?

Paul-Otto Faßbender serves as majority owner and chairman of the supervisory board. Renko Dirksen chairs the management board of ARAG SE. Investment activity is executed through AFI Verwaltungs-GmbH.

### Does ARAG Versicherungsgruppe participate in fund commitments or only direct deals?

The group acts as a limited partner in Ardian Buyout Fund V. It also holds direct ownership of multiple insurance operating companies and real estate assets.

### Where does the underlying ownership of ARAG Versicherungsgruppe reside?

Paul-Otto Faßbender holds majority ownership through ARAG Holding SE. The structure has remained under family control since the firm's founding in 1935.

### What geographic footprint does ARAG Versicherungsgruppe maintain?

Headquarters are in Düsseldorf with a second major office in Munich. Operations extend to 19 countries including the United States, Canada, Norway, Switzerland and Australia.

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Last updated: 2026-06-03T20:00:00.000Z

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