Munich Re

Munich Re is one of the world’s leading providers of reinsurance, primary insurance, and insurance-related risk solutions. The group consists of the Reinsurance and ERGO business segments, as well as the capital investment company MEAG, and operates globally in all lines of insurance business. Munich Re possesses outstanding innovative strength, which enables it to provide coverage for extraordinary risks such as rocket launches, renewable energy, cyberattacks or pandemics. The company plays a key role in driving forward the digital transformation of the insurance industry and in doing so has further expanded its ability to assess risks as well as the range of services Munich Re offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.


Munich Re Ventures invests alongside partnerships with Digital Partners in selected InsurTech sectors:

  • Digital MGAs and other digital players who are disrupting the insurance value chain
  • Technologies that leverage automation across the insurance value chain, including claims
  • Device and data propositions relevant to an emerging connected world

Technology Adoption Enablement

Munich Re Ventures invests alongside partnerships with Munich Re’s New Technologies and Internet of Things Underwriting (New Tech) group in startups bringing new technologies to market where the introduction of innovative risk transfer and financing solutions de-risks the company’s go-to-market execution.

Case Study: Forge Global


HSB, a subsidiary of Munich Re, is a multi-line specialty insurer/reinsurer and provider of inspection, risk management and IoT technology services. HSB insurance offerings include equipment breakdown, cyber risk, specialty liability and other coverages. HSB blends its engineering expertise, technology and data to craft innovative insurance and service solutions for existing and emerging risks posed by technological change. As a new product innovator for the insurance industry, HSB offers its solutions to primary carriers and brokers/agents for distribution across their portfolio of customers, as well as direct to businesses and households. Throughout its 150 year history, HSB’s mission has been to help clients prevent loss, advance sustainable use of energy, and build deeper relationships that benefit businesses, public institutions and consumers.

Munich Re Ventures invests alongside partnerships with HSB in areas including IoT, cyber, AI, and analytics to maximize equipment efficiency, prevent downtime and create new business models.  In IoT, the focus is on companies building solutions across the IoT stack to maximize equipment effectiveness and enable business model transformation.

Case Study: relayr


ERGO, a subsidiary of Munich Re, is one of the major insurance groups in Germany and the rest of Europe. Worldwide, ERGO is represented in over 30 countries with a focus on Europe and Asia. Within the ERGO Group of companies, three entities (ERGO Deutschland, ERGO International, and ERGO Digital Ventures) manage domestic and international business, as well as direct and digital business. ERGO Digital Ventures is responsible for all of ERGO Group’s digital and direct activities. It is focused on digital transformation of traditional business in Germany and around the world, as well as the development of new digital business models and the integration of ERGO into new ecosystems.

The ERGO Fund is looking for partnership and investment opportunities with technology providers pursuing AI in insurance, data-driven tools and disruptive solutions in digital health, as well as supporting data-driven business models in connected cars, mobility services and beyond.

Artificial Intelligence for Insurance

  • Cultivate new information sources, unlock new product opportunities and improve underwriting, pricing, claims, and sales using AI

Connected Car/ Mobility

  • Build data insights to bring service solutions to the mobility market and enhance engagement for the future of the automobile

Digital Health

  • Invest in companies altering the health landscape including digital service platforms, and next generation diagnostics and treatment
Case Study: Ridecell