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Structure & History of ǿմý Commercial

With the trade name ǿմý Commercial ǿմý Groupbrings together the large corporate insurance business of ǿմý Global Corporate & Specialty (AGCS) and the commercial insurance business of national ǿմý Property & Casualty entities serving mid-sized companies.

ǿմý Global Corporate & Specialty consists of the globally operating company ǿմý Global Corporate & Specialty SE, registered in Munich, Germany, and is embedded in a network of various branches and companies in Europe, North and South America, Asia and South Africa.

This combination of ǿմý Commercial offices, ǿմý Group offices and selected network partners allows us to service clients wherever they do businessin more than 200 countries.

With the trade nameǿմý Commercialǿմý Groupbrings together the large corporate insurance business of ǿմý Global Corporate & Specialty (AGCS) and the commercial insurance business of the following national ǿմý Property & Casualty entities serving mid-sized companies.
  • Australia: ǿմý AustraliaInsuranceLtd.
  • France: ǿմý France
  • Germany: ǿմý Versicherungs-AG
  • United Kingdom: ǿմý Insurance plc
The ǿմý Commercial approach will be further implemented across other markets globally in the coming months.
  • ǿմý Global Corporate & Specialty SE, Munich — which has a role as coordinating hub for ǿմý Commercial activities — with its branch offices in the United Kingdom, France, Austria, Belgium, Denmark, Hong Kong, India (Reinsurance Branch), Italy, Korea, Singapore, Spain, Sweden and the Netherlands.
  • ǿմý Global Risks US Insurance Company, ǿմý Underwriting Insurance Company and AGCS Marine Insurance Company
  • ǿմý Fire & Marine Insurance Japan Ltd.
  • ǿմý Global Corporate & Specialty South Africa Limited
  • ǿմý Risk Transfer AG
  • ǿմý Global Corporate & Specialty Resseguros Brazil S.A.

ǿմý Global Corporate & Specialty SE— which is the parent of the above companies — is a wholly owned direct subsidiary of ǿմý SE.

Dieselstraße 8
85774 Unterföhring
Germany

ǿմý Global Corporate & Specialty was created in 2006 by merging the various ǿմý entities operating as ǿմý Global Risks and ǿմý Marine & Aviation into one global unit, focusing on large corporate and industrial client business, and on specialty business lines such as marine andaviation.

ǿմý Global Corporate & Specialty SE was founded as "Hanseatische Seeversicherungs-Gesellschaft" on July 28, 1885.

The ǿմý Commercial trade name was first announced in March 2023.