Our strategy revolves around three pillars: customer centricity, innovation, and outstanding service. As customers’ needs, market dynamics, and technology continue to evolve, our focus is to align our resilient business model with these changes and ensure ARDI remains adaptive and forward-looking.

New players and traditional insurers alike must be held to high standards to safeguard consumer trust, financial resilience and fair competition. We need a regulatory framework that reflects the new realities of digital distribution, while ensuring that new businesses don’t bypass the high standards traditional insurers uphold.

The key trend was the growth in demand for voluntary insurance, especially for pension annuities and voluntary property insurance, including Motor Hull. This indicates an increase in the financial literacy of the population and growth of trust in insurance products.

The insurance industry is highly dynamic, continually innovating, and consistently developing and applying new knowledge. This makes it a wonderful and dynamic place for work and professional development for all participants. Our goal is to help employees in the insurance industry, both in our country and in the region, as well as in Central and Eastern Europe, gain knowledge through an interactive learning approach, helping them understand new products and risk management methodologies.

Through chapter service, volunteers can create meaningful impact within their local insurance communities, making a difference that extends beyond themselves. Employers recognize that a CPCU Society volunteer isn’t just building their own expertise - they’re bringing valuable knowledge and leadership skills back to their organizations.

While new technologies and process automatization will have a significant impact on the way how we will transact our business - maintaining our competitive edge on our cost ratio – I truly believe that people will still make the ultimate difference in our industry, in order to understanding the needs of our clients, building a trustful, long-lasting partnership. I see that going forward data and AI will play an ever-larger role in helping us to make the right conclusions and decisions - but I do not see robots fit to replace an underwriter nor a reinsurance manager for the foreseeable future.

Digitalization and the transfer of insurers’ business online has been gaining momentum over the past few years, and Kazakhstani insurers are already ahead of many foreign companies in digitalization of insurance products. Now, through the efforts of the regulator and the market, all insurance processes from sale of policies to claim settlement are being digitized.

Asia Insurance today is a company with a clear development strategy, which is aimed at improving the quality of services and expanding the insurance product line, maintaining a stable level of capitalization and fulfillment of its obligations. The reliability of the company is confirmed by the ratings received from national and international rating agencies.

“The idea behind the creation of the Brokerslink network was to create a different way of doing international business, an alternative to the big global brokers, José Manuel FONSECA, President & CEO of Brokerslink explained for XPRIMM.

For those extreme events that happen at the very edges of what we think is possible, broader cooperation and planning is key. The industry also has the expertise to incubate ideas to mitigate risk, as well as strategies that help curb the growth in potential losses. This will ultimately allow the industry to take more of the risk in the future and better protect its clients.

It is a known fact that Türkiye faces a serious earthquake risk due to its location in a geography with fault lines. However, the earthquake that occurred on February 6^th 2023, centered in Kahramanmaraş and with a vast effect in 11 provinces, is different from the disasters experienced before. The area affected by the earthquake is larger than many European countries in terms of both surface area and population. Following the earthquakes in the region, 38,000 aftershocks took place. These characteristics all prove that this disaster was not just a big earthquake but rather a mega catastrophe.

“Over the years, since the establishment of the Green Card System, the situation of road accident victims has significantly improved.

The Insurance Conference of Moldova 2023 hosted an interesting moment of sharing the experience accumulated in other insurance markets, similar to the Moldovan one, in their modernization process and preparation for the EU accession.

The strategy of our company is not only about writing premiums, but also maintaining the company's profitability.

“In the last decade, the annual growth rate of the Turkish insurance market was over 20% and over the inflation rate,” Mehmet Akif EROĞLU, Chairman of the Insurance and Private Pension Regulation and Supervision Authority (SEDDK) told XPRIMM in an interview recorded in Bucharest.

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.

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.

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.

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.