Ergo braves crisis to seek expansion in Greece

Greece is one of the key markets for the Ergo Group, according to its chairman, Dr Markus Riess, who stresses that Ergo is one of the few insurance groups that has invested in Greece during the crisis.

In this interview with Kathimerini, Riess highlights the fact that following the completion of the ATE Asfalistiki (ATE Insurance) takeover, Ergo Hellas, as a leader in Greece's insurance market, will strengthen its presence through organic growth while simultaneously exploring possibilities for new portfolio acquisitions in the industry.
 

What are your plans for your Greek subsidiary following the takeover of ATE and to what extent are you considering the possibility of further takeovers in the Greek market?

Ergo Hellas is a success story for our international activities in the field of general insurance. It has been posting excellent results...