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25

February 2020

Euroins Greece officially announces its subsumption to the Amicable Settlement Scheme

News

Euroins Greece remains loyal to its commitments despite timing, cost and general insurance environment.

 

Right after the first year of the successful transition from FOS insurance company to Branch, Euroins Greece steps forward to the realization of its subsumption to the Amicable Settlement Scheme. This step follows the unique phenomenon within the Greek Insurance Market, the one of the sole company which managed to become a Branch, without facing any problems or disruptions during this procedure. Keeping its promise, the company moves onwards unrelentingly to its integration in the Amicable Settlement.

 

As an equal member of the Hellenic Association of Insurance Companies, the company fulfils all the prerequisites for its participation in the Amicable Settlement; thus, it minimizes the bureaucratic procedures for its brokers network, drastically reduces the time required for the claims payments and eliminates the need for court recourses.

 

            The Amicable Settlement finalization action will be held before the start of the rental high season. Euroins Greece’s Management, once more, chooses to invest adequate time in order to attentively plan each step; this way it prevents errors, backstops and opacity. Euroins’ system in perfect line with its experienced manpower -which has recently been enriched with more competent affiliates- are the proof that our work within the Amicable Settlement Scheme shall proceed smoothly.