Lev Ins Insurance Company was officially presented at the most significant international business conference in Bucharest, Romania under the motto “Time for Business in Insurance”. The event was held under the auspices of the Romanian Financial Supervisory Authority (ASF) and Xprimm media. The aim of the conference was to offer opportunity for discussion of certain main aspects of the insurance industry in Romania and the prospects for continuous development as far as the growth of the local market is concerned. The conference was attended by the major insurance companies, the National Office for Combating Insurance Fraud and other interested parties from the sector, among others.
The partnership of Lev Ins Insurance Company and Recrex was presented during the opening ceremony.
“For every business undertaking there comes a time when it outgrows the local market. Bulgaria is too small for Lev Ins”, said the organizers.
The Executive Director of Lev Ins, Pavel Dimitrov, received a very warm welcome from the attendees when he addressed the forum in Romanian.
The company’s operation was presented indetail by Alexander Gospodinov, an expert from the Business Development Team. Following this report on the company, the Romanian Financial Supervisory Authority expressed their readiness to offer full support for the new partnership. “We are convinced that the main local market offers good prospects for development of such partnerships, and the completion of this goal depends on the efficiency of a consistent regulatory policy. We will continue to work for further improvement of the efficient supervision and the adequate competitive environment”, officials from ASF said.