City Insurance announces the appointment of Mr. Robert Woodthorpe Browne as Chairman of the Supervisory Board

City Insurance, Romania’s leading insurance firm, is pleased to announce the appointment of Robert Woodthorpe Browne MBE as chairman of the supervisory board of City Insurance SA.

“On behalf of the managing board, we would like to welcome Robert Woodthorpe Browne as the new chairman of our supervisory board,” said City Insurance president of the managing board Epameinondas Papanikolaou. “His extensive experience and thriving track record in the reinsurance sector will help our company to become South Eastern Europe’s leading insurance business.”

Robert Woodthorpe Browne received an MBE in 2013 and has a longstanding and notable career in the reinsurance sector. He is a council member of the Royal Institute for International Affairs (Chatham House) and is master world trader of The Worshipful Company of World Traders.

About City Insurance S.A.

City Insurance S.A is a regional market leader, providing non-life insurance solutions. Founded in 1998 by Romanian and foreign investors and headquartered in Bucharest, Romania, the company operates 42 offices and branches around the country employing 370 people.

City Insurance has developed an extended portfolio including top insurance products and integrated services, designed to meet the unique needs of its clients and generate optimal long-term gains and value.

The company has been recognized as a Top 10 Romanian Insurance Company since 2012 and is the only company not affiliated to an International Group. In 2008, City Insurance became the first Romanian Insurer to develop its activity in different EU states based on EU Freedom of Services; in 2014 it expanded to the Greek market.

The success that City Insurance currently enjoys reflects the efficiency of its performance model, which is oriented permanently toward sustainable development strategies, financial growth and long-term investments.