Increasing the market share of Razi insurance in 1400
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According to the report of the financial news, quoting from the relations between Uncle May and the international affairs of Razi Insurance, Ali Jabari – the CEO of Razi Insurance stated in the annual general assembly of 1400 companies, which was held in the central building of Razi Insurance with the presence of more than 80% of the shareholders. Last year, there was a financial structure reform and capital increase in Razi Insurance Company, which led to the growth of the company’s financial and performance indicators.
Emphasizing that last year was a special year for Razi Insurance Company, he continued: Razi Insurance Company reached its current capital through six stages of capital increase, which reached 19 thousand billion Rials in the last stage of the company’s capital increase.
In addition to reforming the financial structure and increasing the capital, Jabari considered relying on the company’s human capital as the turning point of Razi Insurance and reminded: Young human capital, along with the sales network, are the main roots of the company, and relying on the power of these loved ones, the company is on the path of excellence and growth. Is.
The CEO of Razi Insurance Company stated the main policy of Razi Insurance Company to support the sales network, promote insurance culture and introduce new insurances in different cities of the country and reminded: Last year, Razi Insurance Company, in addition to covering micro insurances, also covered large companies and industries in the country. covered by his insurance.
Regarding the performance of Razi Insurance Company, Ali Jabari noted: The share of Razi Insurance Company’s insurance premium production in 1400 reached two percent of the market with a logical growth, while this company recorded a 54 percent increase in insurance premiums compared to the same period of 2019. and besides that, the company’s income has grown by 69% during the period in question.
Referring to the performance of Razi Insurance, he mentioned: Razi Insurance registered a growth trend in all indicators in 1400 compared to 2019, and this is while the performance of Razi Insurance has been more favorable than the industry average.
The CEO of Razi Insurance considered the approach of the board of directors to increase the market share in high-yield insurances and in this context, he pointed to the growth of cargo insurance by 222%.
Jabari continued: Razi Insurance Company was able to gain the ability to compete in different and new markets by receiving a trust acceptance license, and by relying on five strategic turns, the company’s aggressive marketing and customer-oriented approaches are among the company’s priorities. has taken.
It should be mentioned that Seyed Mohammad Karimi, Secretary General of Iran Insurers’ Syndicate, praised the valuable efforts of the CEO and the board of directors of Razi Insurance, emphasizing the favorable management process of Razi Insurance and the company’s special attention to the shareholders.