Csaszar, 43, will replace Ina Lorincz in the post. Csaszar has been ERGO’s deputy chief executive officer for almost one year and will take over as the new CEO after he receives the approval of Romania’s insurance regulator CSA.
Lorincz started to work for ERGO group five years ago and has managed to lay the foundations and develop ERGO Asigurari de Viata in Romania in the first years since its inception.
ERGO Asigurari de Viata, the Romanian subsidiary of ERGO Austria International, has been active on the local market since May 2010. The company provides unit-linked and index-linked insurance products, as well as loan and credit card protection insurance, alongside its partner UniCredit.
ERGO Insurance Group is headquartered in Düsseldorf, Germany, and currently operates in over 30 countries, reporting underwritten premiums of over EUR20 billion.
Subsidiary ERGO Austria International is headquartered in Vienna, Austria, and operates in six countries. Its main sales partners are Bank Austria/UniCredit Group and Volksbanken Group.