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ERGO Mobility Solutions and Volvo Car Germany enter into a development partnership


Volvo Car Protection – an app that provides insurance on the road – is the first product

Media Information, 07.05.2019

Insurance made simple: motorists can now buy on-demand coverage when driving abroad, for rental cars, luggage or additional drivers in only a few minutes with the new product ‘Volvo Car Protection’. The additional insurance protection can be booked easily and flexibly via the app and is valid instantly. Volvo Car Germany is cooperating with ERGO Group to offer that unique service which underscores the premium brand’s commitment to making individual mobility easier and safer. Volvo Car Protection is now available for the German market.

Insurance made simple: motorists can now buy on-demand coverage when driving abroad, for rental cars, luggage or additional drivers in only a few minutes with the new product ‘Volvo Car Protection’. The additional insurance protection can be booked easily and flexibly via the app and is valid instantly. Volvo Car Germany is cooperating with ERGO Group to offer that unique service which underscores the premium brand’s commitment to making individual mobility easier and safer. Volvo Car Protection is now available for the German market.

The ‘Volvo Car Protection’ insurance coverage offers a choice of tailor-made options with coverage for business or private travel and everyday mobility on demand and with coverage commencing within minutes. The duration of the insurance cover can be selected individually. Insurance coverage starts either immediately or from the date selected. Payment is made in the app with PayPal+, i.e. PayPal, credit card or direct debit. The service is not limited to Volvo customers.

“We are positioning ourselves as a strategic insurance partner for the automotive and mobility industry, and our development partnership with Volvo Car Germany is proof of this commitment”, says Karsten Crede, Chairman of the Board of ERGO Mobility Solutions. “Our core objective is to develop digital services that help secure risks arising from 'New Mobility'. We are exceptionally proud to be the first company on the German market to launch a service like this in collaboration with Volvo.”

“Our day-to-day lives are busy and ever-changing, and insurance is a topic that many people find intimidatingly complex. With Volvo Car Protection we are proud to be offering easy and spontaneous on-demand protection. The app lets customers book coverage for trips abroad while they are on their trip”, says Thomas Bauch, Managing Director of Volvo Car Germany GmbH. “Volvo stands for safety. With Volvo Car Protection, we are offering a service that extends this commitment beyond our actual cars.”

Volvo Car Protection is now available in the Apple App Store. A version for Google Android is planned.

For further information, please contact:

Ronny Winkler

ERGO Group AG
Media Relations

Tel +49 211 477-3012
ronny.winkler@ergo.de
media-relations@ergo.de

About the ERGO Group AG

ERGO is one of the major insurance groups in Germany and Europe. Worldwide, the Group is represented in about 30 countries and concentrates on Europe and Asia. German, international, direct and digital business as well as all IT activities and technology services are bundled in four separate units (ERGO Deutschland, ERGO International, ERGO Digital Ventures and ERGO Technology & Services Management) under the umbrella of ERGO Group AG. About 40,000 people work for the Group, either as salaried employees or as registered sales representatives. In 2018, ERGO recorded a total premium income of 19 billion euros and rendered benefits to customers of 15 billion euros (net). ERGO is part of Munich Re, one of the leading reinsurers and risk carriers worldwide.
More at www.ergo.com

Disclaimer

This media information contains forward-looking statements that are based on current assumptions and forecasts of the management of ERGO Group. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forwardlooking statements or to conform them to future events or developments.

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