Reso offers businesses to protect themselves from financial losses
22.03.2019,
17:42
The RESO insurance company said in a press release today that it will now actively work not only with individual, but also corporate customers.
YEREVAN, March 22. /ARKA/. The RESO insurance company said in a press release today that it will now actively work not only with individual, but also corporate customers. According to the press release, the company made a strategic decision to significantly expand its share in the corporate insurance market.
On January 1, 2019 the share of its retail insurance in the premium portfolio stood at about 55%, and that of corporate insurance – at 45%. RESO plans to boost the corporate direction by focusing on property and voluntary medical insurances, offering legal entities individual packages which take into account the specifics of their activities.
‘We offer businesses to protect themselves from financial losses in difficult life circumstances - be it a fire, theft or an accident. The most demanded in the corporate sector are property and cargo insurances and medical insurance for employees,’ said Kirill Kruglyak, director of RESO.
‘This is a promising market that needs high-quality insurance packages, and we have something to offer. We have developed cooperation options that are interesting for clients, and also updated the team, attracted experienced professionals, improved business processes and expanded the agent network.
RESO has one of the largest agency networks among insurance companies in Armenia. More than 700 “one-stop shop” agents work with the company. We plan to expand the network as customer interest grows.
Over the past year, the company entered into over 130,000 contracts with individuals and legal entities. RESO works with companies and individual entrepreneurs of different profiles, including banks, carriers, manufacturers, shops, restaurants and cafes. ’
‘We help our clients protect what is dear to them. Unlike countries with a developed insurance culture, we still have to explain the effect of insurance. But realization gradually grows: an increasing number of entrepreneurs realize that a small amount of insurance premium is incomparable with a possible loss.
In 2018, RESO’s insurance premiums in Armenia exceeded 3.3 billion drams, while the paid compensation claims were over 1.9 billion drams. We are pleased to see that every day a culture of protection of property, health from unforeseen situations and accidents is being shaped in Armenia,”said Kirill Kruglyak.
In November 2018, RESO celebrated its 10th anniversary. The most important achievement of the company is the trust of customers and the dedication of its team. RESO’s plans for 2019 include updating the product line and active development of affiliate programs, including in the area of property and medical insurance. -0-
On January 1, 2019 the share of its retail insurance in the premium portfolio stood at about 55%, and that of corporate insurance – at 45%. RESO plans to boost the corporate direction by focusing on property and voluntary medical insurances, offering legal entities individual packages which take into account the specifics of their activities.
‘We offer businesses to protect themselves from financial losses in difficult life circumstances - be it a fire, theft or an accident. The most demanded in the corporate sector are property and cargo insurances and medical insurance for employees,’ said Kirill Kruglyak, director of RESO.
‘This is a promising market that needs high-quality insurance packages, and we have something to offer. We have developed cooperation options that are interesting for clients, and also updated the team, attracted experienced professionals, improved business processes and expanded the agent network.
RESO has one of the largest agency networks among insurance companies in Armenia. More than 700 “one-stop shop” agents work with the company. We plan to expand the network as customer interest grows.
Over the past year, the company entered into over 130,000 contracts with individuals and legal entities. RESO works with companies and individual entrepreneurs of different profiles, including banks, carriers, manufacturers, shops, restaurants and cafes. ’
‘We help our clients protect what is dear to them. Unlike countries with a developed insurance culture, we still have to explain the effect of insurance. But realization gradually grows: an increasing number of entrepreneurs realize that a small amount of insurance premium is incomparable with a possible loss.
In 2018, RESO’s insurance premiums in Armenia exceeded 3.3 billion drams, while the paid compensation claims were over 1.9 billion drams. We are pleased to see that every day a culture of protection of property, health from unforeseen situations and accidents is being shaped in Armenia,”said Kirill Kruglyak.
In November 2018, RESO celebrated its 10th anniversary. The most important achievement of the company is the trust of customers and the dedication of its team. RESO’s plans for 2019 include updating the product line and active development of affiliate programs, including in the area of property and medical insurance. -0-
