The ERGO Insurance Group is a leading European insurer and no. 2
in the German primary insurance market. It has extensive experience
in developing and managing multi-channel distribution networks and
provides focused marketing and product offerings for different
customer groups based on their needs. Reinforcing its commitment to
and interest in the fast-growing Indian insurance market, ERGO
opened its representative office in Mumbai, on 3 May 2007.
ERGO intends to be permanent first choice for all insurance and
The group’s extensive experience in
developing products and in creating multi-channel distribution
networks enables it to deliver the most suited product in terms of
price, needs and services. ERGO is providing first-choice insurance
and provision solutions both to private and corporate customers.
Customer-focused solutions for covering small as well as large
commercial risks have enabled ERGO to build strong and long-term
relationship with its clients.
High standards of business ethics in the industry, following the
German Code of Governance, transparency with customers and
benchmark processes have resulted in 33 million customers in 25
countries placing their trust in the companies of the ERGO
Insurance Group. In Germany, ERGO is one of the leading providers
in almost every insurance segment. Outside Germany, the ERGO
Insurance Group operates in
24 countries. In the segments of health insurance and legal
expenses, ERGO is the European market leader.
ERGO’s European P&C
insurance operations span Europe from the Baltics to Turkey and
from Portugal to Poland and hold a top 1 to top 3 position in many
More than 50,000 people work for the group.
ERGO’s tremendous strength in sales is
based on more than 22,000 independent sales representatives, as
well as brokers and well-positioned distribution partners in
Germany and abroad, such as the leading European bank Unicredito
and the German retail group KarstadtQuelle. Combined with funds by
MEAG, the joint asset manager of Munich Re and ERGO, this opens up
the whole breadth of financial services for
ERGO’s customers, permitting ERGO to offer
integrated insurance solutions in all matters.
Munich Re holds 94.7% as a major shareholder. ERGO stands for
primary insurance. The Munich Re Group operates worldwide to turn
risks into value from primary insurance and reinsurance.