Moldovan Market of Brokerage Insurance Services Expects Changes
OREANDA-NEWS. December 15, 2009. This was told in the interview by CEO of the company AV Broker. Anton Caba noted that prior to licensing this activity in 2008, there were not more than ten insurance brokers in Moldova and now their number reaches 45 companies.
In his view, the coming changes at the market will be connected with the new management strategies and the restructuring of the old companies. Speaking about the role of broker in relations insurer-insurant, Anton Caba noted that the broker is not a simple mediator, as he as a professional, helps to purchase insurance policies on the basis of price and quality, giving opportunity to conclude contracts with different companies on the various types of insurance.
The broker also monitors the activity of the companies-partners, their solvency, market share, history, reputation, and even changes in the composition of shareholders, which may affect the results of insurer’s activity. Anton Caba has conditionally divided the broker’s activity into two parts: as a consultant to create the best insurance portfolio for the particular client, as well as "mediator" between the client and the insurance company.
Speaking about his company, CEO of AV Broker said that differently from other brokers, AV Broker is absolutely independent from the other insurers that allow it to work honestly with its customers." AV-Broker Company started its operation in 2006.
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