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.
ERGO Group AG premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Life Insurance | ERGO |
| Health Insurance | |
| Property and Casualty Insurance | |
| XYZ | |
| XYZ | |
| XYZ |
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. |
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 |
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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