Allianz ROSNO Life Shows 75% Growth in North-Western Federal Okrug
OREANDA-NEWS. December 09, 2010. IC Allianz ROSNO Life has achieved a significant increase in the volume of insurance premium written in the first 3 quarters of 2010. The growth equalled 75% relative to the 9 months of the previous year, with gross insurance premium written amounting to 79.8 mln roubles in absolute figures, reported the press-centre of ROSNO.
In the 9 months of this year, gross premium written by Allianz ROSNO Life in the North-Western Federal Okrug reached 79.8 mln roubles, thus overriding the same period of the year 2009 by 75%. The company’s overall gross insurance premium written is 893.6 mln roubles, 86% above the result of the 9 months of 2009.
In the North-Western Federal Okrug, gross insurance premium written in life insurance, major business line of Allianz ROSNO Life, equalled 72 million roubles, demonstrating an increase by 84%. In accident insurance, the insurance premium written equalled 7.7 mln roubles, representing a 18% increase.
In the 9 months of 2010, Allianz ROSNO Life paid clients 3.2 mln roubles under life insurance contracts and 598 thousand roubles under accident insurance contracts in the North-Western Federal Okrug. The company’s aggregate insurance compensations paid in the reporting period equalled 119.3 million roubles.
In the North-Western Federal Okrug, IC Allianz ROSNO Life is represented in St. Petersburg, Vologda, and Cherepovets.
"The sales teams of the company’s regional units in the North-Western Federal Okrug demonstrated sound results in the 9 months of 2010. The successful development of the agent network in the North-Western units results from several major factors: „close circle“ recruitment (i.e. recruitment on the basis of personal references), sound professional education (both on admission to the company and during further career), and motivational events aimed at supporting salespeople at various levels: from novices to experienced financial consultants and heads of sales divisions. The same important role in our success is played by the efficiency-oriented motivation system and, indeed, our ability to offer clients an extensive product line meeting the needs of each specific group", commented Ms. Zinaida Myakina, Sales Director of IC Allianz ROSNO Life.
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