MatErh Announces Integration of Ortega & Azagra to Strengthen Corporate Growth Strategy
MatErh has announced the integration of Ortega & Azagra, a leading insurance brokerage for corporate clients in Navarra, continuing its strategy of growth.
The agreement reflects MatErh’s clear growth strategy. With this new addition, MatErh will provide its corporate clients with highly specialized insurance products across industries such as industrial and service sectors, tourism, logistics, and energy.
“The integration of Ortega & Azagra is a significant step toward our goal of becoming the leading insurance broker in the Spanish market,” said José María Erhardt, CEO of MatErh.
MatErh entered the Spanish insurance market in January 2018, founded by its two partners, Palladium Hotel Group and the Erhardt Group—two family-owned businesses and leaders in their respective sectors, hospitality and logistics. The young company continues the insurance tradition of Erhardt, which previously owned ERCOS, the insurance company through which German insurer Allianz entered the Spanish market in the early 1990s.
“We have a strong, sustainable, and profitable growth strategy. Being a family-owned business with a long-term, ambitious vision allows us to remain open to welcoming other brokerages and teams into our project in the insurance sector,” José María Erhardt added.
MatErh offers clients a comprehensive Risk Management service, starting with risk identification, followed by analysis and evaluation of the risks they face.
As an additional value, alongside Risk Management Consulting services, MatErh also provides Insurance Brokerage services, enabling clients to manage their insurance programs in a fully integrated and efficient manner.
