Press release 17 Februar 2017
Manuel Nothelfer has been appointed Head of Sales at ERGO Direkt Versicherungen with immediate effect. He will focus on developing online activities. The 37-year-old was previously Chief Marketing and Operating Officer as well as Managing Director at FinTech auxmoney; a market place for private borrowers and investors to meet in order to conduct peer-to-peer lending.
After the approval from the German regulatory authority BaFin Nothelfer will be appointed to the Management Boards of the three companies ERGO Direkt Lebensversicherung AG (life insurance), ERGO Direkt Krankenversicherung AG (health insurance) und ERGO Direkt Versicherung AG (property-casualty insurance). Until then, he will act as General Manager.
“In his previous positions, Manuel Nothelfer gained extensive experience in online business and, as entrepreneur, ventured successfully in new directions. He will help us to develop ERGO Direkt into the Online Competence Centre for ERGO Germany. I am very pleased that Mr Nothelfer will take on as Chief Commercial Officer”, emphasised Peter Stockhorst, ERGO Direkt Chairman of the Board.
Prior to joining FinTech auxmoney, Nothelfer was co-founder and CEO of Care.com Europe, an online market place for long-term nursing care and support. He was formerly employed at the global management consultancy firm The Boston Consulting Group, most recently as a senior consultant.
As part of ERGO’s strategy programme, ERGO Direkt will, in future, be in charge of the entire online business in Germany. ERGO Direkt is part of ERGO Digital Ventures AG, which incorporates all digital and direct insurance activities of the Group. The company is to take on a leading role for innovation and digital transformation.
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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 Group and thus part of Munich Re, one of the leading reinsurers and risk carriers worldwide.
More at www.ergodirekt.de
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.