ERGO and Santander Germany conclude partnership


Start of the partnership in the first half of 2022; in advance, the ERGO Card, a VISA credit card with additional insurance benefits, has already been on offer since mid-September

Media Information, 18.11.2021

As part of the partnership, Santander Germany adds ERGO's pension products to its range of products for its customers, while ERGO offers its customers financial solutions from Santander Germany's credit division. 

ERGO Santander Partnerschaft

ERGO, one of the major insurance groups in Germany and Europe, and Santander Consumer Bank, Germany's fifth-largest credit institution, have agreed on a new partnership. In the first half of the coming year, the two companies will optimize their product offering for their customers as part of a strategic partnership.

Santander Germany will supplement its Germany-wide insurance offering with pension products from ERGO. The focus will be on products for individual old-age provision and in the area of death provision.

In addition, ERGO has already been offering the new ERGO Card, a VISA credit card from Santander Germany with additional insurance benefits, since mid-September 2021. When the partnership begins in the first half of 2022, ERGO will also offer its customers credit products from Santander Consumer Bank AG.

Olaf Bläser, Member of the Board of Management of ERGO Deutschland AG, responsible for Sales, is confident in the potential of this new cooperation: "We are very much looking forward to the successful partnership with Santander Germany. Long-term cooperations make it possible to reach new target groups with the respective products and to grow together."

Fernando Silva, Member of the Management Board of Santander Consumer Bank AG, sums up: "With ERGO, we have gained a strong insurance partner. The high-performance products complement our existing range, enabling us to offer our customers optimized pension solutions tailored to their individual needs." In the coming weeks, Santander will present the relevant ERGO products to its sales staff and identify advantages for customers. Active sales will then begin in the first half of 2022.

Olaf Bläser
Olaf Bläser

Member of the Board of Management of ERGO Deutschland AG

Fernando Silva
Fernando Silva

Member of the Management Board of Santander Consumer Bank AG

For further information, please contact:

Katharina Denkler

ERGO Group AG
Media Relations

Tel +49 211 477-2324
katharina.denkler@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 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 tech-nology 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 2020, ERGO recorded a total premium income of over 18 billion euros and rendered benefits to customers (gross) of around 16 billion euros. ERGO is part of Munich Re, one of the world's leading reinsurers and risk carriers.
More at www.ergo.com

Disclaimer

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.

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