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Peter Stockhorst to become Board Chairman at German direct insurer

Press release 12 January 2016

Peter Stockhorst will take over as Chairman of the Board of Management of ERGO Direkt Versicherungen on 15 January 2016. Daniel von Borries will step down as Chairman and focus on his responsibility for Investments at the ERGO Insurance Group.

Stockhorst (50) will take over as Board Chairman of the three companies ERGO Direkt Lebensversicherung AG (life insurance), ERGO Direkt Krankenversicherung AG (health insurance) und ERGO Direkt Versicherung AG (property-casualty insurance). The Business Economist left his post as Board Chairman of German direct insurers Cosmos Lebensversicherungs-AG and Cosmos Versicherung AG at the end of 2015.

ERGO Board Chairman Markus Rieß: „I am pleased that we were able to gain such a proven expert in online business. He will play a significant role in the digital transformation of all aspects of our business even beyond his function as Board Chairman at ERGO Direkt.”

Von Borries (50) has been a member of the Board of Management of ERGO Versicherungsgruppe AG since 2004. He is ERGO’s Chief Investment Officer with responsibility for Investments and Asset Liability Management. „I would like to thank Dr. von Borries very much for his successful management of the company. He deserves the main credit for the two very good years of ERGO Direkt following the resignation of the long-serving Board Chairman Peter Endres at the end of 2013”, said Rieß.


More information:

Peter Stockhorst

Peter Stockhorst

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Dr. Daniel von Borries

Dr. Daniel von Borries

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For further information, please contact:

Dr. Alexander Becker

ERGO Versicherungsgruppe AG
Group Communication
Dr. Alexander Becker

Tel +49 211 477-1510
Fax +49 211 477-1511
alexander.becker@ergo.de
media-relations@ergo.de



About the ERGO Direct Insurance 
With roughly 4.5 million customers, ERGO Direkt is the most popular German direct insurer. The company specialises in simple, easy-to-understand products to meet the typical requirements of private households. Important products in this context are supplementary dental cover, death benefits insurance, term life insurance and occupational disability cover. Streamlined processes and fast processing enable it to offer attractive premiums. Around 1,800 employees currently work at the head office in Nuremberg/Fürth. ERGO Direkt Versicherungen are a company of the ERGO Insurance Group and thus part of Munich Re, one of the leading reinsurers and risk carriers worldwide.
More at www.ergodirekt.de



Disclaimer
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of ERGO Direct Insurance. 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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