Carpatica Asig’s new management plans to continue the realignment of the business, focused primarily on growing the non-auto insurance segment.
In May, Adela Abrudan became president of Carpatica Asig’s board and, in June, Marian Mirzac was appointed general manager and Cosmin Angheluta became deputy general manager.
In March, the company controlled by Ilie Carabulea announced it planned to increase its gross underwritten premiums by 25% this year, after an about 30% drop in 2011 on the backdrop of a decline on the general insurance segment.
Carpatica Asig has been operating since 1996 and its core business includes only general insurance.
Carpatica Asig’s share capital amounts to RON20.8 million, controlled by Atlassib Sibiu (92.42%), Transcar Sibiu (6.97%), Corneliu Tanase (0.08%) and Aurel Albu (0.53%), according to Trade Registry data. (EUR1=RON4.4441)