Interviews
Virgil SONCUTEAN, CEO, ALLIANZ-TIRIAC Asigurari, Romania
ALLIANZ-TIRIAC is part of the German group ALLIANZ, one of the largest providers of financial and insurance services and the most valuable insurance brand in the world, according to the latest Interbrand assessment. In Romania, the company has been enjoying financial stability and customer trust for over 29 years.
14 September 2023Cristian FUGACIU, CEO, MARSH Romania, Co-CEO for Central and Eastern Europe
We are dedicated to supporting local and regional companies in the CEE region, leveraging our global experience and dedicated teams of professionals to provide tailored solutions that meet the specific needs of clients in each market.
31 August 2023Giorgi BARATASHVILI, CEO, ALDAGI
By the end of 2022, we made public our intention to start underwriting inwards reinsurance in the region. By doing this, Aldagi sets a precedent for the Georgian industry, being the first insurance company in the market that will also function as a reinsurer. By entering reinsurance business, the management of the Company plans to capitalize on the existing opportunities in the region.
11 May 2023David ONOPRISHVILI, Chairman, Insurance State Supervision Service of Georgia
Despite the impact of the volatile economic conditions in the wake of the pandemic crisis and as an effect of the ongoing war in Ukraine the insurance market in Georgia managed to avoid significant losses and maintained a stabile development path mainly due to high economic growth in the country.
3 May 2023Paata LOMADZE, General Director GPI Holding
The growth of the company in terms of sales is a significant challenge, our main strategy this year is development and growth of the company with acceptable and moderate profitability. We have to ensure profitability and be ahead of market growth.
27 April 2023Matjaz Petrovic, VicePresident of Sales, GenePlanet
As a pioneer in the industry, GenePlanet has been offering medical and lifestyle genetic tests for over 15 years. Recently, it secured additional funding from BlackPeak Capital to fuel growth and development. GenePlanet is working with insurance companies across Europe to create customised products that enhance customer loyalty and promote preventive healthcare.
30 March 2023Interview with Marina SHIPOVALOVA, General Director, InterConsult Info
The important innovations proposed by the new insurance law adopted in 2022 include introduction of new, socially significant life insurance products, further digitalization of the insurance industry, development of a system for guaranteeing insurance payments and improving the mechanism for protecting rights of consumers of insurance services and expanding the powers of the insurance ombudsman.
23 March 2023
Interview with Manlio LOSTUZZI, Generali International CEE Regional Officer
and CEO of Generali CEE Holding
Generali Group has solid historical roots in CEE, it is one of the areas where has invested more worldwide in the last ten years, and it sees it as an important area of growth. We contribute with about 5% of the overall Group's premiums and 10% of the operating profit.
16 March 2023Assen CHRISTOV, Chairman of the Supervisory Board, EUROHOLD Bulgaria
EUROINS Insurance Group has become one of the biggest players in the insurance market, especially in South-eastern Europe where we operate predominantly. Last year our revenue was around one billion euro, and the assets of the group grew to EUR 1.2 billion. We are operating now in Greece, Poland, Romania, North Macedonia, Ukraine, and Georgia. We have operations in Italy and Spain, and we are looking for expansion in Hungary, Czech Republic and Slovakia in order to be close to the countries we are already presented
16 March 2023Vyacheslav CHERNYAKHOVSKY, General director, Insurance Business Association, Ukraine
In 2022, MTIBU member insurance companies concluded 7.2 million domestic MTPL insurance contracts, which is 20.4% less than in 2021. Total premiums decreased by 2.6% year-on-year to UAH 7bn.
22 February 2023Tanja BLATNIK, CEO, EUROINS Romania
There is no confidence without trust, there is no trust without transparency and there is no transparency without intellectually honest communication. Our industry is highly technical and very complex. Technical complexities might generate different interpretations and assessments of the risk. Over and beyond numbers, you need honest, non-bureaucratic dialogue to assess the risk and protect people. Irrespective of market conditions, industry consolidations, companies restructuring or political seasons, our dialogue has to be transparent, continuous, and above all well-intended.
22 February 2023Elisabeth STADLER, General Manager (CEO), Chairwoman of the Managing Board
The task of managing the largest insurance group in Central and Eastern Europe is a particularly exciting challenge, especially a listed company, where the capital market and its immediate reactions have to be taken into account in all the considerations, statements and actions. [...] It is our goal to be among the top 3 in the CEE markets by the end of 2025. In addition to Austria, we are now the market leader in our immediate neighbors Slovakia, Czechia and Hungary.
12 January 2023
Michael HAAS, Head Client Management L&H ACEE, Nordics, Swiss Re
Tinatin KOBERIDZE, Head of Product Development, GPIH-VIG
Insurance brings new hope for cancer patients in Georgia: the Cancer insurance provided by GPI Holding in cooperation with Swiss Re and MediGuide is affordable and provides coverage in case of cancer diagnosis and is a reliable source of financing even for modern treatments abroad a novel and attractive product in the market.
15 December 2022Interview with Alexandru CIUNCAN, President & General Director, UNSAR
Among our priorities, for the next period is to increase Romanians' confidence in the insurance industry by intensifying financial education actions - a strategic pillar for us, where in recent years we have been making sustained efforts, especially aimed at young people, especially in the digital area.
8 December 2022Mehmet Akif EROĞLU, Chairman IPRSA - Insurance and Private Pension Regulation and Supervision Authority, Türkiye
The main inflation impact will show in rising claims costs. Besides, in motor, claims costs have risen as shortages of parts have kept the prices of new and used vehicles high level. Motor liability as well as accident and general liability business will also be impacted, with high inflation feeding through into bodily injury claims.
24 November 2022Mira Kiridzic-Bügler, Market Head ACEE, Swiss Re
Clearly, we are all facing many challenges at the same time: high inflation, climate change, natural catastrophes, supply chain issues, etc. Nonetheless, we will consider individual circumstances by market and by client, and together we will find the best solution for our clients' needs.
17 November 2022Giorgi BARATASHVILI, CEO, ALDAGI
Aldagi is the first company in Georgia to incorporate segment and data-based approaches into its tariff policy. We have already taken the first steps to offer other insurance companies to have their risks reinsured with Aldagi. We see a real opportunity to go beyond Georgia and extend the range of our activities in the region.
10 November 2022Sule SENTURK, Co-Founder and CEO, CoSure Technology
End to End Risk Transfer Platform in Re/Insurance Industry
Based on AI & Blockchain Technologies
2 November 2022Ervin METE, General Executive Director, Albanian Financial Supervision Authority
So far, the insurance market has shown good resilience through several shocks, from the earthquakes to the pandemic. AFSA took a proactive approach in both crises, by increasing the frequency of reporting and supervision, closely monitoring liquidity and solvency ratios to ensure market stability.
6 October 2022Volodimir SHEVCHENKO, MTIBU General Director
I am cautiously optimistic about the MTPL sector's evolution in the future. The reason for optimism is that from the first day of the war the MTIBU and the MTPL insurers did not stop working to ensure that all road users had reliable insurance coverage. We act with faith in victory: we see our task not only in maintaining the availability and continuity of the process of concluding contracts and making MTPL insurance payments in the war conditions, but also in developing the market and services for car owners. Several steps have been made in this direction.
1 September 2022
