The specialist on the Austrian legal protection market - D.A.S. Rechtsschutz AG changes ownership within ERGO Group AG, after Austrian subsidiary ERGO Versicherung AG buys the national legal protection specialist from the previous owner, ERGO Versicherung AG in Germany.

"In the coming months, work will be carried out on merging the two insurance companies in Austria. The brand D.A.S. remains on the Austrian market to underline its positioning as a legal protection specialist", D.A.S. announced in a statement.

The transaction is still subject to approval by the national supervisory authority. In a second step, the two companies are to be merged in 2023 to further expand ERGO's market position in the core market of Austria.