“At the underwriting department, I deal with two main operations, namely life insurance underwriting and product development. The department contributes to meeting the development and profitability targets set by the company,“ Racoveanu told ZF.
In the spring of 2014, he stepped in as Asirom’s health & corporate director. Between December 2008 and December 2013, he was a member of the Board of Directors at Generali, in charge with life and health insurances.
Racoveanu has a 16-year experience in the insurance sector.
Asirom underwrote gross premiums of 576 million lei (EUR130 million) in 2014 and posted losses of RON29 million. It ranks 5th on the insurance market and operates both on the life insurance and general insurance policies sector.
(English version by Manuela Panescu)