
Founder of the US subsidiary Next becomes Chief Artificial Intelligence Officer at Germany's second largest primary insurer.
AI-generated summary
Next Insurance, founded in 2016, was completely taken over by Ergo 2025.
The innovative US subsidiary Next has been completely part of the Ergo Group for around ten years. Now founder Guy Goldstein is joining the insurer's board.
Munich. The Düsseldorf insurance group Ergo is bringing the head of its new US subsidiary Ergo Next Insurance onto the board. From October 1st, Guy Goldstein will be responsible for the use of artificial intelligence (AI) at Germany's second largest primary insurer as Chief Artificial Intelligence Officer (CAIO), as the Munich Re subsidiary announced on Friday.
Goldstein replaces Mark Klein, who served as Ergo's chief digital officer for ten years and joined the board in 2024. According to Ergo, he is leaving the company at his own request. Klein did pioneering work, said Ergo CEO Markus Rieß.
Goldstein should keep his current position as head of Ergo Next. A spokesman said he would commute between Palo Alto, California, and Düsseldorf. Goldstein is “a recognized visionary for artificial intelligence,” said Rieß. As the founder of Next, he “successfully placed one of the most innovative, AI-driven insurance projects on the market”.
Ergo had completely taken over Next Insurance 2025, which was founded in 2016 and specializes in small and medium-sized companies. The start-up was valued at $2.6 billion at the time.
More: Financial regulator Bafin sees a need for improvement in insurers' use of data in AI systems
AI outlook — possibilities, not facts
Guy Goldstein will take office as CAIO on October 1st.
Very likely · Within months

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