ERGO Group overview

ERGO is one of the major insurance groups in Germany and Europe. Worldwide, the Group is represented in over 30 countries and concentrates on Europe and Asia. 

In its home market of Germany, ERGO ranks among the leading providers across all segments. About 42,000 people work for the Group, either as salaried employees or as registered sales representatives. In 2017, ERGO recorded a total premium income of 19 billion euros and rendered benefits to customers (gross) of 18 billion euros.

German, international, and direct and digital business are bundled in three separate units – ERGO Deutschland AG, ERGO International AG, and ERGO Digital Ventures AG – under the umbrella of ERGO Group AG. Traditional German business is concentrated in ERGO Deutschland AG. ERGO International AG manages the Group’s international business, while the third pillar, ERGO Digital Ventures AG, is responsible for all of the Group’s digital and direct activities.

In 2018 ERGO Group announced that it would be selling its life insurance business in Russia to Rosgosstrakh, a unique Russian insurance company and one of the country’s market leaders in the non-life insurance segment with almost 100 years of history.

In January 2020 ERGO launched a 'Safe Drive' telematics insurance proposition, leveraging The Floow's FloowDrive Solution. Safe Drive is aimed at drivers under 25, and collects journey data (such as speed, distractions and smooth driving) so analyse driving behaviour, which could in turn lead to en end of year bonus for consistently good driving scores.

ERGO is part of Munich Re, one of the top global reinsurers and risk carriers. The Group’s asset manager and fund provider, MEAG, also manages the investments of ERGO amounting to 133 billion euros.

Map showing the location of ERGO Group

Düsseldorf, Germany

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Key people

Victor Thoma Project Manager Innovation
Radu Manoliu Deputy General Manager
Johan Camp Chief Operating Officer
Christian Riepe Innovation Scout
Gregor Wiest Head of Innovation
Dr. Markus Rieß Chief Executive Officer
Filippo Sanesi Innovation Scout & Executive in Residence for Ergo innovation Hub London