Press release 30 August 2016
The Supervisory Board of ERGO Deutschland AG has appointed Achim Kassow and Markus Hofmann to the company’s Board of Management as from 1 November 2016. In addition, Achim Kassow was appointed Chairman of the Board of Management as from 1 January 2017.
The Supervisory Board of ERGO Versicherung AG has appointed Markus Hofmann as from 1 November 2016 as member of the Board of Management of ERGO Versicherung AG. On 1 January 2017, he will take over as Chairman of the company’s Board of Management.
Christian Diedrich, currently Chairman of the Boards of Management of both companies, will retire at the end of the year as ERGO announced on 5 April 2016.
Achim Kassow (50) has long-term Board experience in the financial services sector. He has been working for Allianz Group since 2011, following career stations at Deutsche Bank and Commerzbank. Markus Hofmann (51) has held executive management functions in several insurance corporations, including ten years as Board member at AXA Konzern AG. In his last position as member of the Board of Management of Allianz Versicherung AG, he was in charge of Broker Sales.
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About the ERGO Group AG
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. ERGO offers a comprehensive spectrum of insurance, provision and services. In its home market of Germany, ERGO ranks among the leading providers across all segments. About 43,000 people work for the Group, either as salaried employees or as full-time self-employed sales representatives. In 2015, ERGO recorded a premium income of 17.9 billion euros and rendered benefits to customers of 16.8 billion euros. ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers.
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This press release 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.