Munich Re's ERGO reveals management shake-up and new insurance unit

Munich Re subsidiary ERGO Group has made several organisational changes and launched a new insurance unit as part of its strategic initiative aimed at expanding international business with corporate customers.

ERGO is to form a company named ERGO International Corporate Solutions SA (EICS), where the international management team will be made up of Piotr M. Śliwicki as chief executive officer, Markus Hofmann as chief market and sales officer and Adam Roman as chief underwriting officer.

"The aim is to make further headway with international expansion and transformation of the Group," said ERGO´s chief executive officer Markus Rieß. "At the beginning of next year, organisational changes are to take effect throughout the ERGO Group. "We will be reallocating corporate tasks."

Hofmann will be giving up his position as CEO of ERGO Versicherung AG. As part of his global responsibility, he will however continue to oversee broker sales as a member of its board of management.

Mathias Scheuber will become the new CEO at ERGO Versicherung AG. He will also be responsible for claims settlement. Uptil now, he has been a member of the board of management at Allianz Versicherungs-AG, with responsibility for the claims division. He will also be succeeding Hofmann as a member of the board of management at ERGO Deutschland AG.

Silke Lautenschläger has been appointed as CEO at DKV Belgium SA and will also be taking over responsibility for ERGO Insurance NV in Brussels. In this role, she will additionally become a member of the board of management at ERGO International AG.

Christian Molt, currently head of department in the operations division at Allianz Deutschland AG, will succeed Lautenschläger and take over her responsibility for customer and sales services as a member of the ERGO Deutschland AG management board.

The current CEO of DKV Belgium, Emmanuel de Talhouet (56), will be supervising interaction between operations at ERGO Insurance and the activities undertaken by DKV Belgium as chief integration officer.

The CEO of ERGO Insurance, Mark Lammerskitten, will be returning to Germany at the end of March 2018 and, as a member of the board of management at DKV Deutsche Krankenversicherung AG, will be taking over the product management division for comprehensive health insurance, health services and claims policy.

Additionally, to address the areas of company organisation and major projects at ERGO Deutschland AG, Johannes Elsner will become a new member of ERGO´s senior management. He will report directly to the head of ERGO Deutschland, Achim Kassow. Elsner comes from McKinsey, where he currently heads the management consultancy office in Munich as partner in the Financial Institutions Practice.

Peter Stockhorst, currently CEO at ERGO Direkt Versicherungen in Nuremberg, will be leaving the ERGO Group by way of mutual agreement to take on new career challenges.

Sebastian Rapsch will succeed Stockhorst as CEO of ERGO Direkt Versicherungen in Nuremberg. Rapsch will remain a member of the DKV board of management with responsibility for the areas of actuarial services and supplementary insurance product management. As a result, ERGO will be bundling responsibility for product development at DKV and ERGO Direkt Krankenversicherung in the growing market for supplementary health insurances.

"Together with this team line-up, I look forward to making further headway in implementing our strategy programme, with the aid of which we have been positioning ourselves in the marketplace as fit, digital and successful since 2016. I would expressly like to thank Peter Stockhorst for his successful contribution and wish him all the best for the future," said Rieß.

Don't miss the latest industry news -  Sign up to our free email newsletters

More of today's news

Allianz intends to buy remaining Euler Hermes shares

Ex-hurricane Ophelia insured loss entirely manageable by re/insurers: PERILS

Brit hires former Advocate Reinsurance CEO for specialty platform Scion

Liberty bolsters financial lines with ex-Chubb hire in Netherlands

UnipolRe goes live with IT underwriting solution

Don't miss our insurtech email newsletter - sign up today