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Prostitute-orgy insurer had a sex habit

Published: 30 Aug 2012 10:33 GMT+02:00

The Handelsblatt newspaper said on Thursday the insurance company Ergo paid for employees to visit the swingers Hotel "Hedonism II" in Jamaica, as well as a brothel on the Spanish island Majorca.

Ergo CEO Torsten Oletzky had until now consistently maintained that the 2007 sex trip to Budapest, for which the company hired 20 prostitutes, was an isolated incident.

But an audit reported to the CEO as early as 2011 by a former head of sales contained details of a €2,428 brothel visit in Majorca 2005, which was later reimbursed as the cost of "food and drink," reported Handelsblatt.

In 2009, 2010 and 2011 branches of the Ergo subsidiary insurer Hamburg-Mannheimer went on expense-paid trips to the swingers club Hedonism II in Jamaica. The full costs came to more than €75,000, the report says.

The Hedonism II club describes itself as the “ultimate pleasure” for singles and couples over the age of 18.

Ergo told the Handelsblatt that the brothel visit to Majorca and the trips to the swingers club in Jamaica were not comparable to the Budapest affair. It seems they were organised by decentralised offices, not the headquarters.

Company spokesman Alexander Becker said the decision on the choice of the hotel was made by independent agents. "To our knowledge, Budapest was an isolated incident," Becker said.

Ergo lost more than 500 customers last year after it was revealed that its subsidiary Hamburg-Mannheimer had thrown a prostitute sex party for its sales representatives in the historic Gellert health spa in Budapest, Hungary.

Lurid details of the 3-day weekend were widely published in the German media.

One participant told the Handelsblatt that four-poster beds were set up on either sides of the thermal baths. “Anyone could go to one of the beds with one of the ladies and do what he wanted. The ladies were marked with stamps on their forearms after each such meeting. So it was recorded how often each lady frequented.”

“The ladies wore red and yellow wrist bands. One group were there as hostesses, and the others were to fulfill any and every desire,” he added. “There were also ladies with white wrist bands. They were reserved for the board and the very best salesmen.”

The Local/sh

The Local (news@thelocal.de)

Your comments about this article

14:31 August 30, 2012 by zeddriver
I wonder if this company is taking applications. I need a ? Oh yes. I remember. A job. I'm sure there are several sorts of JOBS one can get at this firm. :)
15:03 August 30, 2012 by Berlin fuer alles
How many unnecessary insurance policy upgrades and needless policies did the reps sell to qualify for this bonus. Plenty of people who cannot afford them are in effect paying for the orgy. Two of the biggest swindles are Bookmakers and Insurance Companies. Both can be slow to pay out also.
18:09 August 31, 2012 by murka
Insurance and orgy in the same text? I don't believe my eyes.
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