Cologne Car Insurance Review [2020]

Colonge car insurance has changed its name to Gen Re Insurance and does not sell car insurance. Gen Re offers life, health, property, and casualty reinsurance.

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Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Aug 28, 2020

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Company Details
Address: 3575 Piedmont Rd NE # 15-1400
City: Atlanta
State: GA
ZIP Code: 30305
Phone Number: 404-237-2555
Year Founded: 1921
AM Best Rating: A++ (Superior)
Company Rating 0 (0 reviews)

Here's what you need to know...

  • Cologne Reinsurance has changed its name to Gen Re
  • Gen Re offers reinsurance to other insurance companies
  • The company has outstanding ratings from A.M. Best, Moody’s, and Standard & Poor’s


Drivers looking for a Cologne car insurance review will be surprised to discover that the company was formerly known as Cologne Reinsurance, now Gen Re, has never been in the business of providing car insurance. Instead, Gen Re offers life, health, property, and casualty reinsurance.

If you are searching for car insurance, enter your zip code above to access rates from top companies in your area for FREE!

What is reinsurance?

Essentially, reinsurance companies provide insurance to other insurance companies. Risk management is a huge industry, and no one needs that coverage more than insurance providers.

Gen Re is a holding company for global reinsurance. This Berkshire Hathaway subsidiary has 45 locations and over 1,900 employees nationwide.

This is a financially secure company that has received positive ratings from independent rating companies.

They get a superior A++ rating from A.M.Best, an AA+ from Standard & Poor’s for claims paying ability, and Moody’s gives them a financial strength rating of Aa1.

Gen Re has a global reach as it insures companies in North America, Australia, China, France, Germany, and the UK.

While Gen Re gets a good insurance review, that’s not much help to anyone seeking private car insurance. Try using an independent rate quote tool like the one on this page. Then take the actual companies that offer you policies, and look for car insurance reviews on those providers.

You can enter your zip code below to compare rates and find the best car insurance to fit your budget today!

References:

  1. https://www.genre.com/
  2. https://www.investopedia.com/terms/h/holdingcompany.asp
  3. https://www.berkshirehathaway.com/
  4. https://www3.ambest.com/ratings/entities/CompanyProfile.aspx?BL=0&ambnum=2198&AltNum=112198&AltSrc=3
  5. https://www.genre.com/about/
    us/financial-info/

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