Merkur Versicherung successfully completes acquisition of shares in Nürnberger Versicherung Austria

Graz (OTS) After official approval, the acquisition of 100 percent of the shares in Nürnberger Versicherung AG Austria by Grazer Merkur Versicherung AG is planned and officially completed. The location in Salzburg, including employees, will be retained and will be developed into a life insurance hub within the Merkur Group. Garanta Versicherungs-AG Austria becomes a close cooperation partner.

With the official approval, the purchase of Nürnberger Versicherung Austria comes to a successful end. “This is a historic moment in our company’s history. This milestone not only combines experience and expertise, but above all similarities and strengths that together achieve a lot: namely a noticeable added value for our customers and partners“, explains Ingo Hofmann, CEO of Merkur Versicherung.

Added value for customers and partners

Nürnberger Versicherung Austria, which ended 2021 with a premium volume of EUR 110 million, is characterized by many years of expertise and experience in the life insurance sector. The Salzburg location with its 123 employees is taken over and is to be expanded into a life insurance hub within the Merkur Group. With the know-how gained, especially in the area of ​​private old-age and risk provision, Merkur Versicherung not only sets the strategic course for the future, but also emphasizes the holistic view of being the first choice for personal insurance when it comes to protecting people.

With the takeover of Nürnberger Versicherung Austria, we as Merkur Versicherung are completing the last missing piece of the puzzle in order to further expand our position in the area of ​​personal insurance. We will bring together the best of both worlds so that everyone can feel maximum convenience“, says Ingo Hofmann. The integration of Nürnberger Versicherung Austria into the Merkur Group is being worked on at a fast pace. For previous customers and partners of Nürnberger Versicherung Austria, this does not mean any immediate changes.

Partnership with Garanta Versicherungs-AG Austria

Garanta Versicherungs-AG Austria is not part of the acquisition by Merkur Versicherung, but remains in the Nuremberg Germany group of companies. As a specialist for individual insurance solutions in the area of ​​motor vehicle, damage and liability insurance at the Salzburg location, Garanta Versicherungs-AG Austria will be a close cooperation partner of the Merkur Group in the future.

Questions & contact:

Merkur Insurance AG | Merkur Campus Graz
Mag. Jürgen Pock | Spokesman for the Merkur Group
Tel.: +43 316 8034-2429
Car: +43 664 4500936
E-Mail: [email protected]