MatErh has emerged as a joint venture between two business groups: Palladium Hotel Group and Erhardt

MatErh has emerged as a joint venture between two business groups: Palladium Hotel Group and Erhardt

March 15, 2018

MatErh has been incorporated as a new company specialising in risk management and insurance.

The new company focuses on risk management in all its forms, with the aim being to detect, prevent and neutralise the threats organisations face. Its services involve advising companies on how to deal with a series of threats in an environment, like the present, that is complex and highly volatile, in which a lack of foresight and suitable risk management may have major financial repercussions.

Among other services, MatErh caters for the following: Outsourcing of risk management, Risk mapping, Enterprise Risk Management systems, Criminal compliance, Cyber risk, Personal data protection, Crisis management, BCP, and disaster recovery planning.

As an added value in its risk management consultancy, MatErh also provides its clients with Insurance Brokerage services, with the aim of comprehensively and efficiently managing their insurance programme.

MatErh is the product of two organisations with a long business trajectory, namely, the Palladium Hotel Group, a multinational corporation in the hotel sector that was formed in the Balearic Isles over forty years ago, and the Erhardt Group.

Through the incorporation of MatErh, Erhardt is returning to the insurance sector, as back in 1964 the company had already set up ERCOS (Erhardt Compañía de Seguros y Reaseguros), which in due course was listed on the stock market until 1988, when its sale to Allianz was arranged.