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Our Strategy

 

CIG sells its products on the Hungarian and Central-East European insurance markets through credibility, effective communication, and a high level of corporate social responsibility.

Our flexible offers are tailored to the needs of Hungarian families to help them grow and be secure. Our goal is to become the market leader in the Hungarian and regional markets through excellent service, efficient administration and management and a reliable network of representatives.

CIG wants to build on the decade of experience acquired by its management in greenfield investments and insurance to bring our products and services to the markets of the Central-East European region. It is part of our strategy to build primarily on the experiences of management made up of local experts. We give them the authority to make decisions to leverage their experience to the greatest possible extent, while we standardize corporate know-how and the key elements of corporate culture.

Our products and services offer safe solutions for the varying needs of our customers that stem from their different situations. Consequently, we have come up with ways to provide for children, build savings, support new families, create financial security after retirement and make funeral arrangements. Our products also offer an opportunity for responsible employers to provide for their employees and create collective or individual incentives to encourage employees to work efficiently and effectively.

Realizing our shareholders’ objectives and operating a cost-effective and profitable organization are among the management’s main goals. Our managers are recognized experts in the field of insurance and finance, and they work hard to achieve their goals with integrity and professionalism.

As a Hungarian insurance company we respond to the needs of our local customers to offer flexible, personalized products and insurance solutions. CIG creates jobs and pays its taxes in Hungary, and the company is a major actor in the country’s social and economic life.

We aim to be a caring, family-centered, successful, and reliable insurance company that offers a full range of high-quality insurance services to its customers through an extensive network of highly skilled representatives in every part of the country.

CIG’s objective is to lead the Hungarian life insurance market in the quality of our services as well as in the volume of our sales. We intend to supplement the strong Hungarian parent company by building a dynamically growing and strong presence in the region’s other markets. The group aims to become a profitable life insurance company in the medium term.

Our vision is to be a major actor in the Central-East European insurance market that has been able to make a significant contribution to spreading the practice of caring for one’s self as well as one’s relatives. Our customers are satisfied with our services, and Pannónia Life Insurance stands as a symbol of safety and growth for the Hungarian and international insurance industries in both our business and social relations.