ZF Insurance Summit 2025. BCR Life Insurance, VIG member, had an increase of 12% in 2024, and is on 3rd place in Romania, after NN and Metropolitan Life, said Stefan Stavrositu, CEO, BCR Life Insurance at the ZF Insurance Summit 2025 conference. » We reinvest and come up with good products. What Stefan Stavrositu said: ►Azi we have 460,000 policies. ►80% of general insurances are intermediate by brokers. In life, according to ASF, 54% of the distribution is made through agents, 23% banks and 19% brokers. But in reality about 33-34% are less banks and brokers. ► Some products are very simple and life insurance. There are many myths, it is a complicated, expensive product. But it's cheaper than the RCA. We make medium and long term insurance, not for 1 year as RCA. So you have to explain your product well. ► We set the 3rd place, but the main distribution channel in us is the bank. We want to increase our distribution. We want to continue to come up with counselors. There are 1500 bank agents, but we build our own distribution team now, we have 100 agents. There are people who resist because it is not easy, to be refused, to speak sometimes ugly, to come back. ►I think the market has grown because the distribution has increased, more customers have been reached.
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