City Insurance Appoints New Board of Directors

Wednesday, 27 September , the members of the Supervisory Board held a meeting at the Bucharest headquarters of Societatea de Asigurare-Reasigurare City Insurance. Attending: Hans-Willi Schroiff – the President of the Supervisory Board, Max Rossler – Vice-president and Cristian Pascale – board member.
The meeting agenda was to appoint the new Board of Directors of Societatea de Asigurare-Reasigurare City Insurance. The nominees are: Epameinondas Papanikolaou – President, Renato Szilagyi – Vice-president and Bodo Herold, Member. The nominees are awaiting the approval of the Financial Supervisory Authority (FSA).
„We are confident that very good times are coming for us, a growth in all aspects: quality of services, company culture, turnover, etc. We’ve reached this point with perseverance, courage and hard work, we promise so much more in the future,” declared Hans-Wili Schroiff, the President of the Supervisory Board of Societatea de Asigurare-Reasigurare City Insurance.
Today, Societatea de Asigurare-Reasigurare City Insurance is one of the most powerful players in the Romanian insurance market, recently reaching the leading position in the MTPL and non-life insurance market.

About City Insurance
Societatea de Asigurare-Reasigurare City Insurance was established in 1998. Its professional performance was awarded by Gala Premiilor Pieței Asigurărilor (GPPA), an event attended by the most important insurers in Romania. Moreover, the company reached Top 10 Insurers in Romania. Nowadays, City Insurance has over 300 employees and 42 agencies that both underwrite non-life insurance and settle claims.