Ergo travel insurance

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ERGO Reiseversicherung AG

logo
legal form Corporation
founding 1907
Seat Munich , GermanyGermanyGermany 
Number of employees 430
sales 385.3 million euros
(gross premiums, 2018)
Branch Insurers
travel insurance
Website www.reiseversicherung.de
As of December 31, 2018

The ERGO travel insurance AG (formerly ERV - European Travel Insurance AG ) is an international company headquartered in Munich . It is a subsidiary of ERGO Group AG based in Düsseldorf . In the tourism sector, she cooperates with travel companies such as Thomas Cook , DER Touristik , TUI and Deutsche Bahn . It sells travel protection products such as travel cancellation and travel health insurance as well as travel insurance packages.

history

Max von Engel founded the European goods and luggage insurance company in Budapest in 1907 with the participation of Munich Re . The main business purpose was luggage insurance. In the same year a branch was set up in Berlin, and in 1919 the branch was converted into an independent insurance company in Germany.

ERV logo until 2019

In 1974 the company was renamed Europäische Reiseversicherung AG.

In 1989/90, ERV took over Touristik Assekuranz Service GmbH (TAS) and founded Mercur Assistance AG Holding, ERV's emergency call center.

Starting in 1994, the company gradually built up its own international network of subsidiaries and associated companies and foreign branches.

In May 2006, ERV was named the best financial service provider in Germany, and in November of the same year, ERV received the German Tourism Industry Innovation Award.

On January 1, 2009, ERV moved within Munich Re to the ERGO insurance group . With this integration, a “Travel” competence center was set up within the ERGO Group.

In May 2019, ERV was renamed ERGO Reiseversicherung and thus the travel business area was integrated into the Ergo brand identity nationally and internationally.

Focus

The focus of ERGO Reiseversicherung is on travel protection products for private and business travelers. In the home market of Germany, ERGO Reiseversicherung is one of the market leaders. The companies include the following subsidiaries, holdings and branches:

Companies Seat proportion of
European Assistance Holding GmbH Munich 100%
TAS Assekuranz Service GmbH iL Frankfurt am Main 100%
TAS Touristik Assekuranz-Service GmbH Frankfurt am Main 100%
Ergo (China) Consulting Ltd. Beijing 100%
ERV Evropská Cestovní Pojišťovna AS Prague 90%
ERV Services London 100%
ERV Sigorta Aracilik Hizmetleri ve Danismanlik Ltd.Sti. Istanbul 100%
Etics, sro Prague 100%
Euro-Center (Cyprus) Ltd. Larnaca 100%
Euro-Center (Thailand) Co. Ltd. Bangkok 100%
Euro-Center Cape Town (Pty.) Ltd. Cape Town 100%
Euro-Center Holding North Asia (HK) Pte. Ltd. Hong Kong 100%
Euro-Center Holding SE Prague 83.33%
Euro-Center Ltda. São Paulo 100%
Euro-Center North Asia Consulting Services Co. Ltd. Beijing 100%
Euro-Center Prague, sro Prague 100 &
Euro-Center SA Palma de Mallorca 100%
Euro-Center USA, Inc. New York City 100%
Euro-Center Yerel Yardim Hizmetleri Ltd. Sti. Istanbul 100%
Europæiske Rejseforsikring A / S Copenhagen 100%
Európai Utazási Biztosító Rt. Budapest 26%
European travel insurance company Vienna 25.01%
JSC "ERV Travel Insurance" Moscow 100%
Sydney Euro Center Pty. Ltd. Sydney 100%
Triple IP BV Culemborg 100%

Web links

Individual evidence

  1. More than 110 years of travel insurance history - ERV. Retrieved May 13, 2019 .
  2. Company data - ERV. Retrieved May 13, 2019 .
  3. Report on solvency and financial position 2018. In: reiseversicherung.de. Retrieved May 13, 2019 .
  4. ERV became ERGO Reiseversicherung - ERV. Retrieved July 15, 2019 .
  5. Europäische Reiseversicherung AG: Report on solvency and financial situation 2018. In: reiseversicherung.de. Retrieved October 28, 2019 .