“The first step in our strategy is to launch home insurance,” Gerke Witteveen said.

NN is now offering a complete solution for customers to protect their homes, both through optional NN policy and the PAD mandatory policy, the executive added.

The new entity of the group in Romania is NN Asigurari, for which the Financial Supervisory Authority (ASF) granted a license to operate. The capital allocated will mainly go towards continuing the digitalization process, the NN Romania interim CEO said.

(English version by Loredana Fratila-Cristescu)