We get a two percent share of the market

According to the financial news report, quoted from the public relations of Sarmad Insurance, Yaqub Rashnavidi, the CEO of Sarmad Insurance, said in the annual general meeting of the company’s shareholders: Sarmad Insurance is in its ninth year of operation, and during its years of operation, it has been able to With the help of its big shareholders, it will leave an acceptable track record, although the current position of this company is not worthy of the name and reputation of the shareholders and the country’s insurance industry.

The CEO of Sarmad Insurance pointed to the problems of this company in the last year, which was most evident in the reduction of claims, and added: “Unfortunately, the year 1400 did not hear good news from Sarmad and it left us with bitter experiences, but now the company is in It is stability and peace, and with the changes made in the composition of the board of directors and senior managers, Sarmad was once again able to return to the profitable path.

To prove this claim, he pointed to the financial statements of Sarmad Insurance for the spring of 1401 and said: the financial statements of the company for the first three months of this year, which were published in the Kodal system, show that the profit of the spring of 1401 Sarmad compared to the same period last year, increased by 6230 percent. and this number shows that Sarmad has started a big move towards profitability and by identifying the right profit, it has made a big change.

Expressing hope for the positive effects of the new Sarmad management team’s plans and actions, Rashnavadi said: We are trying to maintain and continue the success of the spring season. The company’s financial statements show that Sarmad has managed to stabilize the company’s portfolio by winning the trust of customers and supporters to a certain extent, and in its ninth year of operation, it has achieved a portfolio of 18 thousand billion Rials.

The CEO of Sarmad Insurance continued to consider the increase of the company’s capital as one of the important measures that was achieved last year and added: Currently, the company’s registered capital is 4800 billion Rials, which we plan to soon increase to 7500 billion in order to strengthen the financial support and increase the company’s financial prosperity. Increase a billion Rials.

He also promised the big and small shareholders of the company that they will hear good news from Sarmad in the not too distant future.

Reshnawadi added: We are looking to strengthen the sales network to increase the share of retail sales in the company’s portfolio and reduce the company’s dependence on the contracts of large insurers in order to have more loyal customers.

The CEO of Sarmad Insurance Company considered the year 1401 to be a very important year for Sarmad and said: Since the problems and challenges that arose caused the company to fall behind its plans and goals, therefore, all our efforts are that, in the first step, according to the strategic plan In the three-year period of the company, make up for the delays and in the next step formulate and implement the three-year strategic plan until 1404.

He pointed out that the company’s performance in the three months of this year shows that Sarmad has the possibility to make up for the delay and can achieve its strategic goals in the coming years and achieve a 2% share of the insurance market.

Rashnavadi expressed hope that Sarmad will soon return to its good and growing days.