The growth pace of the sales of private health insurance last year was double the growth pace of the sales of auto liability policies (RCA). The growth driver of the market was mainly the insurance policies companies bought for their employees. On the other hand, insurers were also more active in promoting health insurance among consumers last year.
“The growth of the local health insurance market is mostly because of the corporate segment. Companies chose to give their employees health insurance that allows them access to a wide network, flexibility and better coverage in a regulated framework, taking advantage of deductibility,” said Cristian Fugaciu, chief executive officer of Marsh, the largest corporate insurance broker in Romania.
“Moreover, there was also growth on the individual insurance segment. That was because of new actors on the market and new products.”
(English version by Loredana Fratila-Cristescu)