ERGO and BMW Bank conclude strategic cooperation

Partnership addresses future development of digital insurance and mobility solutions

Media Information, 28.07.2020

ERGO Group and BMW Bank agree on strategic cooperation in the German car dealership sector. Within this framework, both companies aim to develop digital insurance and mobility services in the future.

From July 2020, ERGO Group, with its automotive and mobility subsidiary ERGO Mobility Solutions, will become the strategic partner of BMW Bank, via the risk carrier ERGO Direkt Versicherung AG. The cooperation applies to per-unit premium business in connection with leasing and financing contracts.

"The cooperation with BMW Bank is another milestone for ERGO in meeting our innovation, quality and growth aspirations. With the combination of insurance and sales expertise, as well as a strong technology and data focus, with BMW Bank we are on our way to developing innovative, digital insurance solutions for BMW Bank customers", says Karsten Crede, Chairman of the Board of Management of ERGO Direkt Versicherung AG and responsible for ERGO Mobility Solutions.

"We would like to establish forward-looking, long-term cooperation with ERGO, as that will enable us to further develop our digital customer experience for insurance together. Thus, we are addressing the increasing customer requirements for individual product solutions. The partnership offers an ideal basis for this", explains Hans-Peter Mathe, Chief Sales and Marketing Officer at BMW Bank.

For further information, please contact:

Ronny Winkler

Media Relations

Tel +49 211 477-3012

About the ERGO Group AG

ERGO is one of the major insurance groups in Germany and Europe. Worldwide, the Group is represented in around 30 countries and concentrates on Europe and Asia. Four separate units operate under the umbrella of the Group: ERGO Deutschland AG, ERGO International AG, ERGO Digital Ventures AG and ERGO Technology & Services Management AG. German, international, direct and digital business as well as the global management of IT and technology services are combined there.
About 38,000 people work for the Group, either as salaried employees or as full-time self-employed sales representatives. In 2019, ERGO recorded a total premium income of 19 billion euros and rendered benefits to customers (gross) of 17 billion euros. ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers.
More at


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.

Related articles

Media Information 13.06.2018

Electronic health records to be rolled out in private health insurance

The private health insurers DKV, Central and SIGNAL IDUNA will start offering their policyholders electronic health records (EHR) based on the EHR solution developed by IBM Germany.

Media Information 12.10.2020

“ERGO Risk Report 2020 EXTRA”: corona has significantly altered how Germans perceive risk

Since 2018, ERGO’s Risk Report has been examining risk competence and attitudes to personal responsibility in Germany. In a special survey, ERGO asked 1,000 Germans aged 18+ what concerns they have in these challenging times and what opportunities they currently see.

Media Information 25.10.2018

ERGO subsidiary ERV to sell first insurance via voice recognition system

As one of the first insurer in Europe, Europäische Reiseversicherung (ERV), which belongs to ERGO Group, offers the possibility to take out an insurance solely with the aid of Amazon´s virtual assistant Alexa. From now on, customers can purchase medical travel insurances via this voice recognition system.