Munich Re – Reinsurance and Munich Health

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Procurement at Munich Re – Reinsurance

Overall responsibility

Central Procurement, the central purchasing division of Munich Re, is responsible for the acquisition of all goods and services for the reinsurance group.

Its overarching strategic functions include demand management, category management, supplier management, contract management and ensuring compliant ordering practices (key concepts: risk minimisation, compliance, anti-fraud).

Our vision

We are procurement professionals partnering on an equal basis with all stakeholders, balancing quality, cost and time, and ensuring transparency and efficiency.

Different areas of procurement

Munich Re has broken down goods and services into ten sourcing categories:

  1. Information Technology
  2. Travel Management
  3. Facilities & Real Estate
  4. Fleet Management
  5. Office Support
  6. External Resources
  7. Marketing Services
  8. Transport & Logistics
  9. Telecom
  10. Financial Services

Cooperation

We aspire to cooperate with suppliers whose objectives are compatible with ours and who place as much value on sustainability as we do. These standards are detailed in our Procurement Principles (PDF, 77 KB).

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This publication is available exclusively to Munich Re clients. Please contact your Client Manager.