TVM Verzekeringen

Jeroen van Grinsven, CFRO and Secretary of the Board, oversees the investment portfolio at TVM Verzekeringen. He manages a fixed-income-focused general account from the firm's headquarters in Hoogeveen. The investment strategy is conservative, designed to support the firm's claims-paying obligations rather than generate third-party returns.

TVM Verzekeringen is structured as a mutual insurance company, meaning its policyholders are also its owners. This structure eliminates external shareholders and aligns the firm's capital management with the interests of its transport-sector members. TVM participates in AMICE, the European association for mutual insurers, and ICMIF, the global cooperative insurance federation.

TVM's portfolio is concentrated in fixed income, consistent with the conservative liquidity requirements of a mutual insurer serving a niche commercial client base. The firm does not publicly allocate to equities, alternatives, or private markets as a stated strategic commitment. The headquarters property at Van Limburg Stirumstraat 250 in Hoogeveen is held as a commercial real estate asset.

No. TVM does not operate as an asset manager or multi-family office. All invested assets belong to the firm's own balance sheet and are managed internally under the supervision of the board, with Jeroen van Grinsven leading the investment function.

TVM operates the Stichting TVM foundation, which exists as a separate philanthropic vehicle. The foundation's activities and grant-making are distinct from the insurance company's investment portfolio, consistent with Dutch governance norms for mutual insurers.

Membership in AMICE, the Association of Mutual Insurers and Insurance Cooperatives in Europe, connects TVM to a network of like-minded European mutuals that share governance and capital-management practices. It signals TVM's commitment to the mutual model and provides a peer forum distinct from stock-company-dominated insurance associations.

TVM's board is chaired by CEO Michel Verwoest and includes CFRO Jeroen van Grinsven and COO Fred Treur. Van Grinsven handles investments and board secretariat duties, while Treur manages claims and service operations. The three-person board structure is lean, consistent with a niche mutual insurer serving a well-defined policyholder base in the Dutch transport sector.