The Hamburger Feuerkasse is the oldest insurance company in the world. In 1676, it was founded by Georg Brandes and Hermann von Pückler-Muskau, who were both members of the Grand Duchy of Baden.
The company was born out of a need for a new kind of insurance company that would cater to entrepreneurs and farmers—and not just large corporations. The founders felt that many traditional insurers would not take on their clients’ business because they did not have enough money to pay claims or because they wanted their clients to have more control over the cash value of their policies.
Today, Hamburger Feuerkasse has offices across Germany as well as in Austria and Switzerland. The company has worked with some of the world’s largest companies over the years, including Volkswagen AG and Siemens AG.