CrediaBank emphasized that the integration creates opportunities for combining banking and insurance services for individuals and businesses.
“Europe (Insurance) adds to the Group specialized insurance know-how, experienced people and new growth opportunities, allowing us to offer more complete solutions to businesses and individuals”, said Eleni Vrettou, CEO of CrediaBank.
"Today marks the completion of an important chapter in the history of Europe Insurance, a Greek insurance company with a strong brand name, which has been known over time by continuous profitability, strong capital adequacy with one of the highest solvency ratios in the market and, above all, by prudent management and established executives who, with professionalism and dedication, have earned the trust of its customers and partners. Our integration into the CrediaBank Group creates new growth prospects and allows us to look to the future with optimism. By combining the know-how of Europe Insurance with the strength and dynamics of CrediaBank, we are confident that we will play a leading role in the Greek insurance market", commented Nikolaos Makropoulos, Executive Vice President and CEO of Europe Insurance.
Europe Insurance has been operating in the Greek market since 1985, specializing in the coverage of major commercial, industrial and financial risks, as well as in surety, transport and major projects insurance. NAK Insurance Brokers specializes, among others, in credit insurance.
Source: insuranceforum.gr.
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