ERGO Group AG - Company Profile

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ERGO Group AG (ERGO Group), a subsidiary of Munchener Ruckversicherungs-Gesellschaft AG (Munich Re). It is a provider of wide range of insurance products. The group's main activities include offering life insurance, health insurance, property-casualty insurance, travel insurance, and legal protection insurance. ERGO Group serves retail and corporate clients, addressing their insurance needs across various sectors. The group utilizes multiple distribution channels, including tied agents, structured sales forces, and bancassurance, to reach its customers. ERGO Group operates in Europe and Asia and has expanded its market presence in the Baltic states and Norway. Its international business activities are operated through its subsidiary. ERGO Group is headquartered in Dusseldorf, Nordrhein-Westfalen, Germany.

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Headquarters Germany

Address ERGO-Platz 1, Frankenberg, Nordrhein-Westfalen, 40477


Telephone 49 211 4777100

No of Employees 27,145

Industry Financial Services

Revenue (2024) $27.6B

   

   

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ERGO Group AG premium industry data and analytics

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for ERGO Group AG (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

Products and Services

Products Brands
Life Insurance ERGO
Health Insurance
Property and Casualty Insurance
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2026 Acquisitions/Mergers/Takeovers In January, the group's ERGO International AG acquired ADB Gjensidige, provider of non-life insurance solutions.
2025 Contracts/Agreements In November, the group extended cooperation agreement with Wustenrot Bausparkasse AG for private mortgage business.
2025 New Products/Services In September, the group relaunched ERGO accident insurance.
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Competitor Comparison

Key Parameters ERGO Group AG Allianz SE Talanx AG The ARAG Group Generali Deutschland AG
Headquarters Germany Germany Germany Germany Germany
City Frankenberg Munich Hanover Dusseldorf Munich
State/Province Nordrhein-Westfalen Bayern Berlin Berlin Bayern
No. of Employees 27,145 156,626 29,288 5,070 11,388
Entity Type Private Public Public Private Private
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Executives
Name Position Board Since Age
Markus Rieb Chief Executive Officer Senior Management 2015 58
Heiko Stuber Chief Financial Officer Senior Management 2019 56
Robin Johnson Chief Technology Officer Senior Management 2023 57
Edward Ler Chief Underwriting Officer Senior Management 2023 48
Mark Klein Chief Digital Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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