Munich Re Group has been successfully writing commercial insurance in the UK/Ireland market and London market for nearly 15 years.
With the strategic decision to set up ERGO UK Branch as a permanent establishment in April 2013, commercial business is bundled within this unit as the best business owner within the Group. It has since written a profitable portfolio of more than GBP 110m gross premium.
ERGO UK Branch has also full access to the wider Group's know-how and underwriting expertise for the benefit of its clients. It can provide insurance capacity based on the Group’s excellent ratings and is also licensed in key business lines.
Looking forward, the ERGO UK Branch is well-positioned to strategically manage the long-term relationships with its clients, agencies and brokers in the UK/Ireland.