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4/30/15

The Netherlands - Insurance Industry:Merger VMDeerenberg and KOSTER Insurances b.v

VMDeerenberg in Bodegraven and KOSTER Insurance b.v. in Alphen a/d Rijn announced they have agreed to cooperate and merge their activities. As a result of this merger a large consulting company in the area of risk management, damage and revenue insurance, pensions and mortgages services, has been created right in the center of the Netherlands, known as the “Green Heart”. 

For Wim Koster, the CEO of Koster Insurances b.v. this merger is a logical move. After 30 years of service and having built a profitable, pro-active and solid corporation ogether with his spouse and business partner Jolanda of Mil, Wim says: "We have chosen for VMDeerenberg because we believe that through them we can provide continued good and reliable services and security for our clients and to our employees. VMDeerenberg seeks these same values, as we move along in the coming year, and continue our progress."

For Herman Broere, owner of VMDeerenberg, the merger with KOSTER Insurances b.v. is a welcome addition to his company: "Wim Koster, and Jolanda van Mil have built a large and reputable retirement advisory and insurance company, and besides having an excellent reputation, KOSTER insurances unique automated online support systems are able to address and communicate all administrative and retirement solutions electronically in 'real time' .This is very distinctive and unique in the market." 

To guarantee the transparency of this merger VMDeerenberg Holding B.V.'s name will be changed into VMD KOSTER Group B.V.  Consequently as a result of this merger VMD KOSTER Group B.V., including their sister companies employ 66 people. Premium income is EUR 50 million. The company presently has over 30,000 clients and services some 70,000 policies through VMDeerenberg or KOSTER in management.

Mortgage sales amount to more than EUR 47 million. Turnover from billings, subscriptions and fees are EUR 5.2 million. The locations of operation of VMD KOSTER Group B.V are in Alphen aan den Rijn and Bodegraven in the Netherlands







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