MILLENNIUM Insurance Broker focuses on life insurance
 Although it has recorded a significant increase in the volume of intermediate
premiums in the general insurance line, the company MILLENNIUM Insurance
Broker is heading its attention to the life insurance segment.
According to Camelia ISACHE, General Manager of the company, "life insurances are still in an emerging phase on the Romanian market and, therefore, we will try to fully valorify the potential that they offer, both to the insurance companies, and to our partners - the insured that honor us with their trust in the services we offer, thus covering the whole range of protection".
Our country also promises more and more in this line of business, as life insurance exceeds by more than 30% the evolution of the global profile market in 2007, of 5.4%, according to the SIGMA study of SWISS Re. This way, the life segment in Romania increased by 36%, to EUR 429 million, one of the most important evolutions among the 12 emerging markets belonging to the new EU Member States, each with an increase of over 20% of the underwritings on this segment, in 2007.
MILLENNIUM Insurance Broker is the first insurance broker in Romania that has decided to expand its territorial network in a franchise system, in compliance with the Romanian and European legislation in the field.
A member of the Romanian Association for Franchise, the company aims to grant at least 20 licenses for operating in franchise by the end of 2009, and so to win the popularity and strength of a company with national coverage.
Author: Mihai CRACEA
on 03.10.2008
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