Europa Group: new contracts and individualised product offer
Within the first six months Europa Group generated nearly 44 M PLN in revenue and collected 782MPLN gross premium written (acc. to PAS). The strategy based on acquiring new channels of sales and profiling offers for business partners is delivering measurable results. Europa’s companies achieved satisfying sales results, among others, in the mortgage insurance sector, leasing and investment insurance.
Europa Group: a year of business synergy
Europa Group generated nearly 90 million PLN in revenue and collected 1.6 billion PLN gross written premiums (PAS). Both companies within Europa Group has successfully passed the test, which for the financial industry was the introduction of Recommendation U – both companies has examined 45 thousand people who successfully distribute products in the agency model.
Europa Insurance Group appoints a new Vice President
On March, 7 2016 the Supervisory Board appointed Mr. Grzegorz Bors as Vice President of the Management Board of Towarzystwo Ubezpieczeń Europa S.A. and Towarzystwo Ubezpieczeń na Życie Europa S.A. Making use of his experience in telecom and FMCG, Grzegorz Bors will be responsible for sales in all existing segments, the creation and implementation of a sales strategy for new distribution channels, and for enhancing customer service standards.
Europa Group: exploiting the potential in the first half of 2015
In the first half year of 2015 Europa Life increased the net result by one third, making 20.5 MM PLN profit. Most of the profit was produced by unit-linked insurance policies which increased their gross written premium by over seventy per cent. In the same period Europa Non-Life developed the distribution of leasing policies, products offered by alternative channels and tourist insurances.
Europa Group – 20 Years of Changes
Europa Group turns twenty. Firmly established in today’s Polish financial market, Europa Group started providing border insurance and after a period of finding its own way has come to fulfil the position of bancassurance market leader. The past two decades have marked several epochs for the insurance market in Poland. In this time span, Europa Group, a niche company employing relatively few individuals, has grown to be a specialised and respected player. One could tell almost the entire story of the Polish insurance sector using it as an example.
Management changes in Europa and Open Life
The Supervisory Board of Europa Non-life and Europa Life and the Supervisory Board of Open Life have decided to change the Management Boards of the companies effective 19th June, 2015.
A financial twenty-year-old without a brush-up
During this year’s 14th European Banking & Insurance Forum experts have explained the transformations that have been slowly but steadily changing the approach Poles have to money management. Digitization, which poses challenges for the entire banking & insurance sector, was pointed out as a key trend. It was also considered what role financial institutions are to play in the following 20 years.
Strong in banking, Europa Group is improving in non-financial sectors
In the first quarter of 2015 Europa Non-Life increased its sales volume by one third. This is due to gaining new partners from the banking sector and non-financial industries, and broadening the scope of cooperation with current insurance distributors. In its alternative channels the company made a threefold increase in the gross written premium. The highest sales increase, almost 30 per cent, was reached in the key insurance category of the premium unit-linked insurance.
Marat Nevretdinov replaces Jacek Podoba resigning from the post of the president of Europa Group
After 10 years of managing Europa Group, Jacek Podoba has decided to resign from the position of the President of Europa Non-Life and Europa Life. He will hold his office until 31st July, 2015. The decision was adopted by the Supervisory Board on 16th April, this year. At the same time, the Board appointed Mr. Marat Nevretdinov as the new President and his office commences on 1st August, 2015.
Innovation and high specialization - the strengths of Europa Group
In 2014, Europa Insurance Group, celebrating its twentieth anniversary, gained almost 1.7bn PLN gross written premium and 96m PLN profit*. The strategy for innovation and high specialization has produced significant measurable results. The sales of perspective business product lines - insurance policies for the SME and leasing sectors - increased by 25%.