WECOYA strengthens its market presence in Austria through MGA assecco.com
Press release
Salzburg / Hamburg, 9 October 2025 – WECOYA has acquired the Austrian MGA assecco.com Assekuradeur GmbH. With this step, WECOYA is strengthening its presence in the Austrian market while simultaneously expanding the range of services offered by the GGW Group.
Founded in 2021, assecco.com currently employs five members of staff and operates from its head office in Salzburg, with an additional branch in Neustadt a. d. Aisch, Germany. The company specialises in engineering and transport insurance. Its engineering insurance portfolio includes cover for mobile and stationary machinery breakdown, hydropower and bioheat plants, electronic and vending machine risks, as well as construction and erection all-risk policies. Battery storage systems also form an integral part of the company’s insurance offering.
In the transport insurance segment, the portfolio includes motor truck cargo and goods-in-transit insurance, hook load cover, as well as bespoke solutions within the scope of CMR liability and own-account transport. The portfolio is further complemented by tailor-made special solutions such as project-related capacity sourcing and the placement of risk covers outside binding authorities.
Target markets of the MGA assecco.com include, in addition to Austria, several European countries, with a particular focus on Germany, Romania, Slovenia, Slovakia, and South Tyrol.
‘Joining forces with WECOYA opens up new opportunities for us to further develop our expertise in a European and international environment and to offer our partners even more powerful solutions,’ says Mario Schlote, Managing Director of assecco.com Assekuradeur GmbH. ‘We are delighted to become part of a strong corporate group that shares our specialisation, our target markets, and, not least, our values.’
‘assecco.com is an excellent addition to our portfolio, both in terms of expertise and regional presence’, explained Tim Lamm, Managing Director of WECOYA UNDERWRITING GmbH. ‘With this partnership, we are further expanding our footprint in Austria while strengthening our position in the fields of engineering and transport insurance.’
By integrating the MGA assecco.com, WECOYA continues its growth trajectory and creates new synergies for innovative underwriting services in a dynamic market environment.
About WECOYA:
WECOYA UNDERWRITING GmbH is a subsidiary of GGW Group GmbH. It consolidates its MGA activities across the following lines: WECOYA MARINE, WECOYA PRIVATE & COMMERCIAL, WECOYA MOBILITY, WECOYA CEE, WECOYA SERVICES & CLAIMS, WECOYA NORDICS & BALTIC, and WECOYA TRANSACTIONAL RISK SOLUTIONS.
From locations in Germany, Austria, Denmark, Italy, Norway, and Turkey, WECOYA handles risk assessment, the development of insurance solutions, and the issuing of binding offers on behalf of its clients. Furthermore, WECOYA is responsible for the creation and signing of insurance policies and contracts, as well as the complete claims management and settlement on behalf of insurers.
Press contact:
Nadja Benz
e-mail: nadja.benz@ggwgroup.de