# CZ Groep

CZ Groep is an Insurance based in Tilburg, Netherlands.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Tilburg, Netherlands
- **Region:** Europe
- **Address:** Ringbaan West 236, 5038 KE, Tilburg, Netherlands
- **Founded:** 1930
- **Assets under management:** Undisclosed
- **Website:** www.cz.nl
- **LinkedIn:** https://www.linkedin.com/company/cz

## Regulatory record

- **Reports private funds:** No

## About

CZ Groep was established in 1930 as a mutual health insurer serving individuals and employers across the Netherlands. Its structure centers on the parent mutual Onderneming Waarborgmaatschappij CZ groep U.A., which owns CbusineZ as a 100 percent holding company for operating businesses and venture positions. The firm allocates across fixed income, mortgages, and venture holdings. Confirmed positions include ownership of Human Total Care, Medicinfo, and minority stakes in ikHerstel, TrianecT, ShanX Medtech, QurioCare, and Psylaris. It also commits capital as a limited partner to Health Innovations. Geographic exposure remains concentrated in the Netherlands with additional holdings in global corporate and sovereign bonds. The organization employs investment advisors including Robeco Institutional Asset Management, State Street Global Advisors, and NN Investment Partners. It maintains three offices in Tilburg, Sittard, and Goes. January 2024: Participated in Nature Action 100 Engagement focused on biodiversity. CZ Groep separates its insurance operations from its philanthropic vehicle Stichting CZ Fonds, which directs grants toward elderly care, mental health, and medical technology projects within the Netherlands. This separation keeps grant-making distinct from the regulated insurance balance sheet.

## Sectors

- Insurance
- Healthcare

## Offices

- Sittard, Netherlands
- Goes, Netherlands

## People

- Joep de Groot — CEO
- Dick van Well — Supervisory Board member

## Questions

### Who runs investment decisions at CZ Groep?

Joep de Groot serves as CEO. Investment advisory relationships are maintained with Robeco Institutional Asset Management, State Street Global Advisors, and NN Investment Partners.

### Does CZ Groep participate in fund commitments or only direct deals?

The firm holds both direct ownership stakes through CbusineZ and acts as a limited partner in at least one venture vehicle, Health Innovations.

### What investment stages does CZ Groep typically target?

Through CbusineZ the firm targets early-stage seed and start-up companies as well as expansion and late-stage opportunities in healthcare technology.

### Where does the underlying capital come from?

Capital originates from insurance premiums collected through health and group insurance policies sold to individuals, employers, sports clubs, and member organizations in the Netherlands.

### How does CZ Groep source proprietary deal flow?

Deal flow arrives primarily through the CbusineZ holding company structure and existing relationships within the Dutch healthcare ecosystem.

### What is CZ Groep's known posture on co-investments alongside external GPs?

The firm has not disclosed a formal co-investment program with external general partners beyond its limited partner commitment to Health Innovations.

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

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