ERGO Life Insurance SE

ERGO Life Insurance SE is a Lithuanian life insurance company and part of the ERGO Group, one of the largest insurance groups in Europe and a subsidiary of Munich Re (Münchener Rückversicherungs-Gesellschaft). The company operates across Lithuania as part of the Baltic ERGO network, offering life insurance, savings, and investment-linked insurance products to retail and corporate customers.

Company Overview

Legal name: ERGO Life Insurance SE (Societas Europaea)
Country of registration: Lithuania
Headquarters: Vilnius, Lithuania (registered office in Vilnius; see Legal Information for verification guidance)
Industry sector: Insurance (Life; savings/investment-linked life; health and accident riders)
Parent group: ERGO Group AG (Germany); ultimate parent Munich Re (Münchener Rückversicherungs-Gesellschaft)

Founding/formation: ERGO’s Baltic life insurance activities trace their roots to the early 1990s in Lithuania; the current cross-border Societas Europaea (SE) structure for ERGO Life Insurance in the Baltics was formed in the early 2010s through legal reorganizations and mergers of legacy life insurers under the ERGO brand. The precise date of registration of the current SE legal entity in Lithuania should be confirmed via the Lithuanian Register of Legal Entities and the Bank of Lithuania registry (see Sources).

Legal Information

Įmonės kodas (company code): Not independently verified in public sources available to this report. For definitive information, consult the Lithuanian Register of Legal Entities (Registrų centras) and the Bank of Lithuania Financial Market Participants register.
PVM mokėtojo kodas (VAT code): Not independently verified. Verify via the State Tax Inspectorate (VMI) VAT payer search (see Sources).
Official website: https://www.ergo.lt
Official email address: Not prominently published on open sources reviewed; ERGO communicates via its online contact channels. Contact options are available at: https://www.ergo.lt/kontaktai
Registered office address: Vilnius, Lithuania (exact street address to be confirmed via Registrų centras and the Bank of Lithuania registry).
Registered office phone number: Not publicly verified; customer service channels are provided via https://www.ergo.lt/kontaktai

Note: Because life and non-life ERGO entities operate under similar branding in the Baltics (e.g., ERGO Insurance SE for non-life and ERGO Life Insurance SE for life), always verify that the data correspond specifically to “ERGO Life Insurance SE” (gyvybės draudimas) rather than the non-life branch.

Business Operations

Products and services:
- Risk life insurance (term life, family protection)
- Savings and investment-linked (unit-linked) life insurance products
- Riders for critical illness, accident, disability, and health-related coverages
- Corporate life and employee benefits solutions
- Long-term savings/wealth accumulation via life insurance contracts (often used as a third-pillar savings vehicle in Lithuania)

Business model: Premium-based life insurance underwriting with a focus on risk protection and long-term savings/investment-linked policies. Distribution channels include own agents/consultants, brokers, bancassurance partnerships, digital/online sales tools, and corporate/captive channels. The company operates under Solvency II regulatory requirements, maintaining capital adequacy and risk management systems aligned with ERGO Group standards.

Market position: ERGO is among the largest insurance groups in the Baltic region. ERGO Life Insurance SE is a leading life insurer in Lithuania by premium volume and portfolio breadth, competing closely with bank-owned life insurers and Vienna Insurance Group’s life operations.

History

- 1990s: The earliest ERGO-related life insurance activities in Lithuania begin through local entities that later consolidated under the ERGO brand, as ERGO Group expanded in Central and Eastern Europe.
- 2000s: ERGO consolidates and rebrands legacy companies across the Baltics, standardizing product suites and governance under the parent group’s frameworks.
- Early 2010s: Formation of ERGO Life Insurance SE as a cross-border European company (Societas Europaea) for Baltic life insurance operations through legal reorganizations/mergers, with the Lithuanian registered office in Vilnius. ERGO deepens regional integration in processes, risk management, and product platforms.
- 2010s–present: Ongoing digitalization of sales and servicing, expansion of investment-linked offerings, and strengthening of corporate and bancassurance partnerships, aligned with ERGO Group’s strategy and Munich Re’s risk and capital frameworks.

Note: Precise legal milestone dates (registration, merger completion, SE conversion) should be verified via the Lithuanian Register of Legal Entities and the Bank of Lithuania registry due to historical reorganizations across the Baltic entities.

Financial Information

Revenue/premiums: ERGO Life Insurance SE does not routinely publish stand-alone detailed financial statements in open sources accessible to this report; financials are typically consolidated at ERGO Group and/or ERGO Baltics level. The ERGO Group annual report provides aggregated Baltic figures and segment notes. For entity-specific financials, consult the Bank of Lithuania disclosures, the Register of Legal Entities, or ERGO’s statutory filings.

Funding/Capitalization: As a regulated life insurer under Solvency II, ERGO Life Insurance SE maintains own funds and solvency capital requirements consistent with regulatory standards. Traditional venture-style funding rounds are not applicable.

Ownership structure:
- Direct/indirect owner: ERGO Group (via ERGO International AG/ERGO Group AG)
- Ultimate controlling entity: Munich Re (Münchener Rückversicherungs-Gesellschaft AG, Germany)

Leadership and Management

Key executives (vadovai): The specific current executives and board members for ERGO Life Insurance SE (Lithuania) are not listed in a single public source accessible to this report. Names and positions can be verified via:
- Bank of Lithuania Financial Market Participants register (entity profile often lists managers and board members)
- Lithuanian Register of Legal Entities (Juridinių asmenų registras)
- ERGO Lithuania corporate governance or news pages

Note: ERGO also operates non-life insurance in Lithuania (ERGO Insurance SE Lithuanian Branch). Ensure that any listed executives correspond specifically to the life insurance SE entity.

Office Locations

ERGO maintains a nationwide network of customer service offices in Lithuania, typically including (but not limited to) Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys, Alytus, Marijampolė, Utena, Telšiai, and Tauragė. Exact office addresses and dedicated phone numbers for each location are published on ERGO’s contact page:
- https://www.ergo.lt/kontaktai

Because ERGO operates multiple entities with similar branding, verify that the office listing pertains to life insurance services (gyvybės draudimas) when contacting.

Market Position

Competitors (Lithuania):
- Swedbank Life Insurance SE (Lithuanian operations)
- SEB Life and Pension Baltic SE (Lithuanian branch)
- Compensa Life Vienna Insurance Group SE (Lithuania)
- Other regional and bank-owned life insurers active in Lithuania

Market share: Life insurance market shares in Lithuania fluctuate among the major players and bank-owned life insurers. Specific percentages vary by year; refer to Bank of Lithuania market statistics for authoritative data.

Competitive advantages:
- Backing of ERGO Group and Munich Re, providing strong capital base, reinsurance support, and risk expertise
- Broad product suite spanning protection, savings, and unit-linked options
- Integrated Baltic operating model with economies of scale in underwriting, IT, and claims
- Multi-channel distribution including bancassurance and brokers
- Ongoing digitalization and customer self-service capabilities

Recent Developments

- Continued enhancement of digital sales and customer portals for life insurance policy management and claims requests.
- Expansion and refinement of unit-linked investment options and risk riders aligned with customer demand and regulatory changes.
- Group-level sustainability initiatives (ESG) that inform product development and investment policies at the Baltic level.
- Regular participation in market-wide awareness campaigns on financial literacy and long-term savings.

For the latest verified updates, refer to ERGO Lithuania news: https://www.ergo.lt/naujienos and ERGO Group news: https://www.ergo.com

Contact Information

Website: https://www.ergo.lt
General contact page: https://www.ergo.lt/kontaktai
Email: Not prominently listed on open sources reviewed; use the contact form and listed departmental emails/phone numbers on the contact page.
Registered office address (ERGO Life Insurance SE): Vilnius, Lithuania (exact street address should be verified via Registrų centras / Bank of Lithuania registry).
Primary phone numbers: Office-specific numbers are published by location at https://www.ergo.lt/kontaktai

Sources and References

- ERGO Lithuania (official): https://www.ergo.lt
- ERGO Lithuania contacts: https://www.ergo.lt/kontaktai
- ERGO Lithuania news: https://www.ergo.lt/naujienos
- ERGO Group (corporate): https://www.ergo.com
- ERGO Group annual reports and financials: https://www.ergo.com/en/Investors/Reports-and-presentations
- Munich Re (ultimate parent): https://www.munichre.com
- Bank of Lithuania, Financial Market Participants register (search “ERGO Life Insurance SE”): https://www.lb.lt/en/sfi-financial-market-participants
- Lithuanian Register of Legal Entities (Registrų centras) JAR search: https://www.registrucentras.lt/jar/p/ (for official company code, address, officials)
- State Tax Inspectorate (VMI) VAT payer search: https://www.vmi.lt/evmi/mokesciu-moketoju-paieska
- Market statistics (life insurance, Lithuania) via Bank of Lithuania: https://www.lb.lt/en/statistics

Important note: This profile consolidates publicly available information at a general level and highlights where authoritative verification is required for legal identifiers, addresses, and named officials. Always cross-check legal and contact details directly with the official registries and ERGO’s own publications before use.