Insurance

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Concordia oeco Life Insurance

Concordia oeco Life Insurance was formed in 2014 as a dedicated unit inside the Concordia group. Dr. Stefan Hanekopf serves as chairman of the parent board...

Concordia oeco Life Insurance

Concordia oeco Life Insurance was formed in 2014 as a dedicated unit inside the Concordia group. Dr. Stefan Hanekopf serves as chairman of the parent board while Ulf Doerner and Max Deml sit on its sustainability advisory board. The subsidiary operates from the group headquarters in Hannover and reports no additional offices. The firm allocates across renewable energy, commercial real estate and private equity. Confirmed positions include a 42.74 percent stake in MIC Beteiligungsgesellschaft mbH and a 25.13 percent stake in GLV Versicherungsservice GmbH, both held through the parent. It also acts as limited partner in CAM ZWEI Private Equity GmbH & Co. KG. Real-estate holdings comprise the Concordia headquarters and Medical Park Hannover, both managed via Cordial Grundstücks-GmbH. Renewable investments cover wind and solar assets in multiple European countries, previously executed with Green City Energy. A public equity position exists in the Luxembourg vehicle CAI SICAV FIS. The firm employs no disclosed headcount figure. It maintains the corporate foundation Concordia Stiftung 'Mensch – Natur – Gemeinschaft' focused on climate and community projects in the Hannover region. January 2023: participated as speaker at the House of Insurance event at Leibniz Universität Hannover on the topic of sustainability. The firm sits inside a mutual insurance group rather than a single-family structure. Ownership flows through Concordia Versicherungs-Gesellschaft a.G., which holds 100 percent of the life-insurance subsidiary and routes certain holdings through additional group entities.

General information

Firm type

Insurance

Year founded

2014

AUM

Undisclosed

Location

Region

Europe

Country

Germany

City

Hannover

Corporate office

Karl-Wiechert-Allee 55, 30625 Hannover, Germany

Principals

Dr. Stefan Hanekopf

Chairman of the Board of Management

Ulf Doerner

Chairman of the Sustainability Advisory Board

Max Deml

Member of the Sustainability Advisory Board

Sector focus

InsuranceRenewable EnergySustainable Investments

Frequently asked questions

Who runs investment decisions at Concordia oeco Life Insurance?

Dr. Stefan Hanekopf chairs the board of the Concordia group. Ulf Doerner leads the sustainability advisory board that shapes environmental criteria.

Does Concordia oeco Life Insurance participate in fund commitments or only direct deals?

The firm acts as limited partner in CAM ZWEI Private Equity GmbH & Co. KG and holds direct stakes in German operating companies and real estate assets.

Which sectors does Concordia oeco Life Insurance explicitly target?

Renewable energy, sustainable real estate and financial services holdings form the disclosed allocation mix.

How is Concordia oeco Life Insurance related to its parent?

Concordia Versicherungs-Gesellschaft a.G. owns 100 percent of the subsidiary and routes certain investments through additional group vehicles.

What geographic footprint does Concordia oeco Life Insurance maintain?

Headquarters sit in Hannover, Germany. Renewable energy investments span multiple European countries.

Does Concordia oeco Life Insurance maintain philanthropic structures?

The firm sponsors the Concordia Stiftung 'Mensch – Natur – Gemeinschaft' focused on environmental protection and regional social projects.

Which industry associations does Concordia oeco Life Insurance belong to?

Memberships include UN PRI since July 2021, UNEP FI since April 1997, B.A.U.M. e.V. and Forum Nachhaltige Geldanlagen.

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