CNB UNSICAR – a common message, by Martha Rusoiu, Business Mark
The National Conference of Insurance and Pension Brokers: a common message benefitting the insurance market
Four members of CertAsig team, James Grindley – CEO, Maria Rangelova – Deputy CEO, Mihai Bizineche – Chief Underwriting Officer and Mihai Sarbu – National Sales Manager, attended to an interesting conference with a focus on the consolidation of a market with a huge potential.
UNSICAR Association (The National Union of Insurance Brokerage and Consultancy Societies from Romania) hosted the 13th edition of the National Conference of Insurance and Pension Brokers. The event brought together most of the stakeholders on the brokerage market, and representatives of the main insurance companies in the country. It was an exceptional opportunity to acquire new knowledge and to participate in debates about the impact the latest legislative changes in the field and how to adjust to them.
More or less surprising for Romanian business environment, 2018 appears to bring major changes in insurance distribution. Considering this, the discussions in the conference were concentrated especially on the main challenges of the insurance brokerage activity.
Important leaders of UNSICAR, UNSAR, ARB, ASF, PRBAR and AURSF responsibly approached topics such as:
- Insurer – broker – client relationship in the context of new legislative challenges;
- impact of IDD on banks’ activity, as insurance distributors;
- codes of good practice, considering GDPR;
- good practice guidelines for intermediaries – determining factor for consumer protection;
- InsurTech: trends and realities, the impact of GDPR on brokers and clients;
- independent damage assessment in auto civil liability;
- the new generation of consumers and their relationship with the insurance market.
I am delighted to see that two important associations on the brokerage market, UNSAR (National Association of Insurance and Reinsurance Companies in Romania) and PRBAR (Romanian Brokers Association) manage to send a similar message for the benefit the insurance market. I think that the National Conference of Insurance and Pension Brokers is an important step in developing solid partnerships and a seamless vision shared by all main players: brokers, industry associations and insurance companies. In terms of presentation content, it finds its usefulness in brokers’ daily activity and what makes it even more relevant is the fact that it helps us all understand the impact of the legislative changes we are facing, and adopt them effectively, Mihai Sarbu – National Sales Director, said.
Whenever given the opportunity, CertAsig team supports and promotes the relationship we have developed over 15 years with insurance brokers. We are pleased to collaborate closely with real professionals whose goals overlap with our vision of the future: developing the insurance market by promoting innovative products.
Moreover, we encourage and take part in meetings like the National Conference of Insurance and Pension Brokers as we believe that they significantly improve the relationships among insurance community members, connecting us, in a completely different way, to the realities of the present and the transformations of the future.