CertAsig kicks off the New Year with its traditional annual broker party in Bucharest

CertAsig kicks off the New Year with its traditional annual broker party in Bucharest

by Cristina Hlinschi – PR & Communication Consultant

 On January 12th, over 200 brokers, insurance specialists and the members of the CertAsig team kicked off the New Year in what is now a long-awaited, traditional annual event – the CertAsig New Year party.

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The venue for this year’s event was one of Bucharest oldest and most glamourous – the Diplomat restaurant, in the former location of the Diplomatic Club in Bucharest. Guests enjoyed the winterland fairytale atmosphere, enhanced by live music, free flowing champagne, nice food and elegant ambiance.

For many, the CertAsig annual New Year party is a prime networking opportunity, with many of the industry’s best corporate specialists and brokers meeting to exchange the latest news, facts or even rumours about what’s to come in the new year on the ever-evolving insurance market.

Speaking from a vantage point up on an impromptu podium, Nigel Williams, Chairman of the Board of CertAsig Holdings and Chairman of Royalton Partners, CertAsig’s majority shareholder, mentioned in his traditional welcoming speech that “shareholders are very happy with the development of CertAsig over the last year. Although GWPs were stable, due to decisions to underwrite less marine P&I in Turkey, certain parts of the Romanian business experienced substantial growth, notably bid bonds which increased by 24% and performance bonds which rose by 12%.”

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 “As I said before, CertAsig represents a new paradigm in the insurance industry, concentrating only on intermediated corporate business. This approach is paying off, as CertAsig is now one of the top 8 insurers in Romania, in the non-life non-motor market. I would like to remind everyone that we are not one of those giant, impersonal insurers, but a small, agile and highly motivated insurance specialist. The management team, led by James Grindley, own 12% of the company, so the top team have “skin in the game” and are always here for you”.

James Grindley, CertAsig’s CEO, thanked the company’s brokers and clients for their trust and support in 2016 and announced ambitious targets and big news for 2017. “Our recent decision to reorganize our underwriting team into centers of excellence will provide improved, faster and more direct access for our valued brokers to our highly specialised underwriters. We look forward to as many new business proposals, questions, requests or ideas for new products or improved underwriting processes from you, our partners, and we look forward to a successful 2017 together!”

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