IC ROSNO Holds Strategic Dialogue «Attaining Leadership in the Ural Regional Market. Profitable Growth Strategy»
OREANDA-NEWS. May 31, 2007. A strategic dialogue on development perspectives of ROSNO’s Ural Directorate in 2007-2009 took place in Yekaterinburg, being part of the annual events designed for strategic planning of the company’s regional development.
This event, presided by Mr. Maxim Chernin, ROSNO’s Deputy General Manager, Mr. Alexander Gourdous, Director of the Vehicle Insurance Centre, and Mr. Mikhail Kirillov, Director of the Personal Insurance Centre, was held in the Atrium Palace Hotel.
In her report, Ms. Tatyana Kazakova, head of the Ural Directorate, summed up the results of the year 2006 and presented to the strategic dialogue participants the company’s regional development strategy for 2007-2009.
"ROSNO’s 2006 performance results in Ural have turned out to be better than planned. The Directorate has shown 64% growth in premium collected vs. 2005, while the average Russian indicator for insurance premium growth has not exceeded 30 to 35%. We have accomplished the tasks set for us in 2006: 3rd position by volume of insurance premium collected in the Sverdlovsk Region and an increase in the share of retail clients to 65.5%", Ms. Tatyana Kazakova commented on these performance results.
The Directorate’s main strategic goals and objectives for 2007 to 2009 are: annual growth rate above average, simultaneous profit growth through portfolio diversification, and active development of the Ural Directorate’s branches: Ufa, Chelyabinsk, Orenburg, and Kurgan.
ROSNO’s strategy in Ural is in line with the company’s uniform regional policy focused on entering the top-three insurers and taking leading positions in the target insurance market segments.
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