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22

March 2023

MEETINGS OF EUROINS GREECE WITH THE ASSOCIATION OF INSURANCE COMPANIES OF GREECE AND THE BANK OF GREECE

News

Athens, 22 March 2023 – Euroins Greece, a branch of the Bulgarian insurance company  Euroins Insurance AD, has taken the initiative to inform the competent Greek bodies about  the development of operations, the strengthening of financial figures and its strategic planning for the coming years.

In this context, on Monday, March 20, the management of Euroins Greece, represented by the Managing Director Mr.  Evgeny Ignatov and the Deputy Director Mr. Athanasios I.  Smyrnis, met with the President of the Hellenic Association of Insurance Companies Mr. Sarrigeorgiou Alexandros and the General Manager of the Association Mrs. Elina Papaspyropoulou, to whom they provided detailed information regarding  the robust financial figures and the consolidation of the Greek branch in the domestic insurance market.

On Tuesday, March 21, the management of Euroins Greece met with the staff of the Department of Private Insurance Supervision of the Bank of Greece, under the Director Mr.  Stavros Konstantas, and informed about the Company's development in Greece.

The Financial Supervisory Committee (FSC) of  Bulgaria, in a relevant announcement on Friday 17 March, assures that, as a result of the supervision exercised by the FSC, no problems have been identified concerning the solvency of the individual companies of  the Euroins Insurance Group (EIG) or the Group as a whole.

EUROINS Greece stands firmly by its customers and partners and dynamically plans its further penetration in the Greek market with the entry of new insurance products in the fields of home insurance, personal accident, and health, among others.