Grawe Romania cuts out intermediaries to diversify across segments

Grawe Romania decided to discontinue the collaboration with several insurance brokers on the market, arguing that the company's strategy, which is similar to that at the group level, does not involve working with all intermediaries in the insurance market in Romania, according to the insurer's representatives.

The company seeks to reduce its relative exposure to the car insurance segment.

"Grawe Romania aims to maintain the balance in the policy of distribution of insurance products. We are a composite insurer, we offer life, housing, bicycle, accident and, of course, car insurance, and this must also emerge from the results, not just from the presentations. The subscriptions on the car segment will be reduced by only a few percentage points", said Grawe Romania representatives, quoted by Ziarul Financiar.

Grawe assured that the termination of its cooperation with some intermediaries is not the result of past or present problems.

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