A Guide to Austrian Insurance Companies for Expats & Residents (2025). Moving to or living in Austria brings the important task of securing the right insurance. From mandatory health coverage to protecting your home and vehicle, understanding the Austrian insurance market is crucial. This guide provides a clear overview of the leading insurance companies in Austria, helping you choose the best provider for your needs.
Whether you’re an expat seeking private health insurance, a resident looking for comprehensive car coverage, or a business owner in need of specialized protection, you’ll find valuable information here. We’ve categorized the insurers to simplify your search and provide concise details on their offerings
Understanding Insurance in Austria
In Austria, having health insurance is mandatory for all residents. The system is a blend of public and private options. Most employed individuals are automatically enrolled in the public health insurance system (ÖGK), but many opt for supplementary private insurance for additional benefits. Beyond health insurance, various other types of coverage are essential for a secure life in Austria.
This guide will help you identify the key players in the Austrian insurance sector, from major domestic insurers to specialized and international providers.
- All
- General & life providers
- Health Insurance Providers
- Global Specialty Risks
- Insurance Brokers & Risk Advisors
- Other Financial Institutions (Banks)
- Other Financial Institutions (Motoring Clubs)
- Government Schemes & Entities
Vienna Insurance Group (VIG)
General and life insurers, health insurance providers, specialty insurers and global reinsurers, insurance brokers and risk advisors, other financial institutions (banks), industry associations, other financial institutions (motor clubs), or government plans and entities.
General & life providers
UNIQA Insurance Group
One of Austria's largest and most prominent insurance groups, UNIQA provides a comprehensive range of products, including life, health, and property & casualty insurance. It is recognized for its strong focus on customer service, digitalization, and innovative health services.
General & life providers
Allianz
Allianz offers a full spectrum of insurance and financial services. Its offerings include life, health, property, casualty, and asset management solutions, backed by the financial strength and global expertise of the Allianz Group.
General & life providers
Generali
One of the largest global insurance and asset management providers, with a comprehensive product suite.
General & life providers
GRAWE
A well-established Austrian insurance group, GRAWE offers a wide array of products, including life, accident, property, and legal insurance. It is known for its stability, regional presence, and strong ties to the banking sector through its ownership of several regional banks.
General & life providers
W&W
A significant financial group in Austria, Wüstenrot offers services in both banking (Bausparkasse) and insurance. Its insurance division provides comprehensive solutions for housing, life, pensions, health, and property protection.
General & life providers
DONAU Versicherung
A key subsidiary of the Vienna Insurance Group, DONAU provides a diverse range of insurance solutions across life, health, accident, and property & casualty lines. It serves both individual and corporate clients with a reputation for reliability and customer-oriented service.
General & life providers
Zurich Versicherungs-Aktiengesellschaft
A global provider offering a broad range of life insurance, investment, and retirement solutions for Australians.
General & life providers
Helvetia: The Austrian branch of the Swiss insurance group.
Helvetia offers a variety of reliable insurance and pension solutions. It caters to private and business clients with products covering life, non-life, and specialty lines.
General & life providers
VAV
A dynamic and independent insurer in Austria, VAV is known for specializing in property insurance, including household, homeowners, and car insurance. It is also a strong provider of legal protection and liability insurance, often praised for its efficient claims processing.
General & life providers
Merkur Versicherung AG
Headquartered in Graz, Merkur is Austria's oldest health insurer and a specialist in the field. It focuses on private health, accident, and life insurance, with a strong emphasis on prevention, wellness, and holistic health services that go beyond traditional coverage.
Health Insurance Providers
ÖGK (Österreichische Gesundheitskasse)
The Austrian Health Insurance Fund is the primary provider of public health insurance in Austria. It is mandatory for most residents and employees and covers a wide range of medical services, from doctor visits to hospital stays.
Government Schemes & Entities
ACREDIA
Leading credit insurer and part of the global Allianz Trade (formerly Euler Hermes), ACREDIA specializes in protecting businesses against the risk of non-payment from their customers. It offers trade credit insurance, surety bonds, and risk analysis services.
Global Specialty Risks
Arag
A specialist in legal protection insurance, providing comprehensive coverage for legal fees and costs.
Global Specialty Risks
Coface
Specializes in business trade credit insurance, protecting companies against non-payment of commercial debts
Global Specialty Risks
AIG
A global insurer providing diverse commercial, financial lines, and personal accident coverage.
Global Specialty Risks
Chubb
Provides specialized commercial property and casualty insurance, as well as coverage for high-net-worth individuals.
Global Specialty Risks
AXA XL
Focuses on providing specialty insurance and reinsurance solutions for large and multinational corporations.
Global Specialty Risks
Atradius
A global provider of trade credit insurance, surety, and collections services for businesses.
Global Specialty Risks
ARBÖ
The second-largest motor club in Austria, ARBÖ also provides its members with various insurance packages, specializing in vehicle and travel-related coverage.
Other Financial Institutions (Motoring Clubs)
Gen RE
A global reinsurer providing risk solutions and capacity to other insurance companies i
Global Specialty Risks
SwissLife Group
Focuses on estate planning and private life solutions for high-net-worth clients in the region.
Global Specialty Risks
AON
A global leader providing risk management, insurance brokerage, and advisory services.
Insurance Brokers & Risk Advisors
Marsh
A global leader in insurance broking and risk management, serving businesses of all sizes.
Insurance Brokers & Risk Advisors
CREDIT AGRICOLE CIB
The corporate and investment banking arm of Crédit Agricole, offering structured financial solutions.
Other Financial Institutions (Banks)
Raiffeisen Versicherung
The insurance arm of the powerful Raiffeisen Banking Group, it offers a wide range of insurance products, including life, accident, and pension plans, distributed primarily through the bank's extensive branch network.
Other Financial Institutions (Banks)
ÖAMTC
Austria's largest automobile club. Beyond its well-known roadside assistance, ÖAMTC offers a range of insurance products for its members, including vehicle, travel, and legal protection insurance.
Other Financial Institutions (Motoring Clubs)
Manulife
Offers a comprehensive range of life insurance, retirement solutions, and wealth management services globally.
General & life providers
LLOYD’S
A world-leading specialist insurance and reinsurance market, not a single insurance company.
Pacific Prime
An international insurance broker offering tailored health and medical plans from various global insurers.
Insurance Brokers & Risk AdvisorsSupervision of the Austrian Financial Market
A stable and trustworthy financial system is the bedrock of a secure economy. In Austria, the supervision of the financial market, including insurance companies, is a shared responsibility, ensuring fairness and integrity.
- Financial Market Authority (FMA): The FMA is the central supervisory body for Austria’s financial market. It is responsible for the micro-level supervision of individual institutions, including banks, insurance undertakings, and pension funds. The FMA grants operating licenses, monitors ongoing activities, and has the authority to enforce regulations to protect consumers.
- Oesterreichische Nationalbank (OeNB): The OeNB, Austria’s central bank, works in close cooperation with the FMA. Its primary role is to maintain the stability of the financial market at a macro level, overseeing payment systems and contributing to the supervision of banks.
Together, the FMA and the OeNB ensure that financial institutions in Austria operate reliably and that the interests of consumers are protected.
We hope this guide helps you in your search for the best insurance in Austria. By understanding the key players and their specialties, you can make an informed decision and find the coverage that best suits your needs.
Explore other insurers in the region
World Insurance Companies Logos and Insurers by Country