Α NEW CHAPTER IN EUROINS GREECE!

Athens, 16 September 2024 – Euroins Greece opens a new chapter after its ten-year presence in Greece and confirms its shareholders', including the European Development Bank (EBRD)*, determination to proceed with all necessary changes that will lead to further strengthening of its position in the Greek insurance market. Euroins Insurance Group is today one of the largest insurance groups in Central and Eastern Europe – member of EUROHOLD, which, apart from the insurance sector, is active in the field of Energy and Banking, with a significant presence in several European countries.

As of today, Monday, the 16th of September, Ms. Angeliki Mouratidou*, with extensive experience in the Greek and International insurance market, assumes her duties as General Manager, while Mr. Smyrnis and Mr. Dimitrov remain in the company as Deputy Managers to provide their valuable support.

Mrs. Mouratidou, a well-known executive of the insurance market, will undertake the reorganization of the company, having as strategic priorities the focus on products and services that ensure sustainable and profitable growth, creating value for all involved parties. During the previous months, the shareholders assigned to the internationally renowned consulting firm Alvarez & Marshal the preparation of a plan for the complete redesign of operations and restructuring of the company, to succeed in formulating a more effective strategy for the future.

Mrs. Mouratidou, as head of EUROINS in Greece, will focus on further strengthening sales networks, ensuring effective management of available assets and resources, and continuously improving Company's efficiency and provided services to policyholders and partners.

As she mentioned: "Our goal is to restructure our company in order to offer high quality services to our customers and partners and to strengthen our presence in the Greek market. Our success will be based on the utilization and development of the talent of our people, but also on new partnerships where necessary".

* Euroins Insurance Company JSC is one of the leading insurance companies in Bulgaria with a market share of 12%, according to data from the Financial Supervisory Committee as of 15.12.2023. The company operates in Greece (through a branch), Poland, the Netherlands, Germany, Spain, Italy, Georgia, Macedonia and Ukraine offering a full range of insurance products and holds a leading position in travel insurance in the Bulgarian market. Euroins Bulgaria is a member of Euroins Insurance Group (EIG), one of the largest insurance groups in the region. EIG's majority shareholder is Eurohold Bulgaria, a leading energy and financial group. The European Bank for Reconstruction and Development (EBRD) is a minority shareholder of EIG with almost 10% of the capital.
 
**Mrs. Mouratidou is a Mathematician with postgraduate studies in Actuarial Science (FHAS), Marketing (Diploma in Marketing, CIM, UK) and Business Administration (MBA, University of Bath, U.K.). She has extensive experience in the insurance industry and specializes in strategy, business planning and organizational change. She has so far assumed particularly demanding leadership positions as she had been appointed CEO of NBG Bancassurance, a subsidiary of National Bank of Greece and General Manager of the insurance company Credit Agricole Life. She is the author of the book “Unit Linked products” and she has participated as a keynote speaker in several international conferences.