About ERGO
ERGO is a company based in Dusseldorf (Germany) founded in 1997 was acquired by Munich Re in November 2009. It operates as a Subscription Services and Direct-to-Consumer (D2C). The company has 360 employees as of April 02, 2024. ERGO has completed 2 acquisitions, including Credit Europe Asigurari and Next Insurance. ERGO offers products and services including Insurance Solutions and Financial Services. ERGO operates in a competitive market with competitors including RAC, Munich Re, SIGNAL IDUNA, Blue KC and Hannover Re, among others.
- Headquarter Dusseldorf, Germany
- Employees 360 as on 02 Apr, 2024
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ergo Group Ag
- Date of Incorporation 27 Jan, 2022
- Jurisdiction Mumbai Suburban, Maharashtra, India
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Annual Revenue
$583.23 K (USD)0as on Mar 31, 2023
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Net Profit
-$6.67 M (USD)0as on Mar 31, 2023
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EBITDA
-$5.62 M (USD)0as on Mar 31, 2023
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Latest Funding Round
Not available
- Investors
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Employee Count
360
as on Apr 02, 2024
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Investments & Acquisitions
Credit Europe Asigurari
& 1 more
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Acquired by
Munich Re
(Nov 25, 2009)
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Products & Services of ERGO
ERGO offers a comprehensive portfolio of products and services, including Insurance Solutions and Financial Services.
Comprehensive insurance products are offered for individuals and businesses.
Financial planning and provision services are provided to clients.
People of ERGO
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Software Development Team
84 people
Head Team
21 people
Sales and Marketing
20 people
Leadership Team
18 people
Supervisory Team
9 people
Referentin Team
9 people
Data Analysis and Operations Team
9 people
Human Resources and Administration
7 people
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Funding Insights of ERGO
Detailed funding history for ERGO
Round names, dates, amounts, investors, and valuation history require an active premium plan.
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Investors in ERGO
ERGO has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Munich Re.
| Investor | Description | Founded Year | Domain | Location |
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Platform offering insurance risk management solutions
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Locked | Locked | Locked |
Investor details for ERGO
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by ERGO
ERGO has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Credit Europe Asigurari and Next Insurance.
Investment portfolio details for ERGO
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online small business insurance policies are provided.
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Locked | Locked | 2016 | Locked | |
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General insurance services are provided in Romania since 2007.
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Locked | Locked | 2007 | Locked |
Complete acquisition details for ERGO
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Verified entity values are shown only after access is granted.
Financial Statements - ERGO
Detailed financials for ERGO
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Ergo Comparisons
Peer comparison for ERGO
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of ERGO
ERGO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RAC, Munich Re, SIGNAL IDUNA, Blue KC and Hannover Re, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Vehicle parts and accessories are sold via an online platform.
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| Locked | Locked | Locked |
Platform offering insurance risk management solutions
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| Locked | Locked | Locked |
Diversified insurance services are provided by SIGNAL IDUNA in Germany.
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| Locked | Locked | Locked |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| Locked | Locked | Locked |
Diversified reinsurance company
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Detailed competitors of ERGO
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Ergo
Complete news archive for ERGO
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Frequently Asked Questions about ERGO
ERGO was founded in 1997.
ERGO is headquartered in Dusseldorf, Germany. It is registered at Dusseldorf, North Rhine-westphalia, Germany.
Markus Rieb is the current CEO of ERGO.
As of Apr 02, 2024, the latest employee count at ERGO is 360.
Annual revenue of ERGO is $583.23K as on Mar 31, 2023.
ERGO Group AG is recognized as one of the major insurance groups in Germany and Europe. The company is represented in over 20 countries, with a focus on core and growth markets in Europe and Asia. A wide range of insurance, provision, and service solutions are offered to both individuals and businesses. Sustainability and customer-centric approaches are integrated into operations, with an emphasis on digital innovation and risk management. Environmental and climate protection initiatives are prioritized, alongside fostering a diverse and inclusive workplace culture. Partnerships in sports, particularly football, are supported to promote community engagement.
ERGO's top competitors include RAC, Munich Re and Hannover Re.
ERGO offers Insurance Solutions and Financial Services.
ERGO has made 2 acquisitions, including Credit Europe Asigurari, and Next Insurance.
ERGO has 1 investor. Key investors include Munich Re.