News - Insurance

POLAND: Andrea SIMONCELLI became the Insurance Manager of the Year 2019

The President of the Management Board of GENERALI Polska companies Andrea SIMONCELLI was recognized by Gazeta Bankowa as the Insurance Manager of the Year. This title was awarded by the Competition Jury for successful acquisitions and consolidation of the insurance market in Poland, as the Italian insurer informed in a statement.

Aon acquires Canadian cyber security firm

Aon plc announced the acquisition of Cytelligence Inc, a Canadian-based cyber security firm that provides incident response advisory, digital forensic expertise, security consulting services and cyber security training for employees to help organizations respond to cyber security threats and strengthen their security position.

MABISZ: Hungarian insurers expect to see a significant growth in 2020

Based on the 3Q2019 results, last year was a successful one for Hungarian insurance companies, the 11% y-o-y increase in GWP justifying optimistic expectations for the year-end result. "Premium income of the sector is expected to exceed HUF 1,100 billion (~EUR 3.3 billion) by the end of the year," said Mihaly ERDOS, vice president of the Hungarian Insurance Association (MABISZ).

Matthieu Andre joins AXA's Architas Holding as the new CEO

AXA announced the appointment of Matthieu Andre, currently Deputy CEO and Chief Strategic Development Officer of AXA Europe, as CEO of Architas Holding. This appointment will be effective March 1, 2020, and subject to any required regulatory approval.

MOLDOVA: Alina OSOIANU returns to BNAA leadership

Starting January 6th, 2020, Alina OSOIANU returns to the position of Executive Director of Moldovan Motor Insurers Bureau (BNAA). It will be the second time when she holds this position inside BNAA, after she lead the institution between 2015-2018.