Twenty prostitutes and canopy beds in an open-air bordello: A Hamburg-based insurance company has acknowledged treating its best agents to a debaucherous party in Budapest during which sex workers were color-coded according to their purpose and given stamps to tally each encounter.
The company magazine later gushed about the "killer fun." Hamburg Mannheimer International (HMI), now part of the prominent international insurer ERGO, took 100 of its best employees to the Hungarian capital on an incentive trip in June 2007, business daily Handelsblatt reported Thursday.
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That's how a record was kept of how often each woman was frequented." Later the company magazine HMI Profil reported on the party, writing that it had been "killer fun," Handelsblatt reported.
An ERGO spokeswoman admitted that company research had confirmed the sex party took place, calling it a "grave violation of company rules." The responsible board member and other managers have since left the company, the spokesperson added.
But guests from the party told the paper that a number of company leaders present that night remain employed by ERGO, which is owned by leading re-insurance company Munich Re.
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