24 countries, 24 insurance markets, all differing in terms of specific cultural, economic and, last but not least, regulatory conditions. To be successful in each of these markets, one needs knowledge and experience – and specialists who understand their individual markets.

From left to right: Svetlana Smiljanić, Olga Reznik, Klaudia Volnerová, Judit Havasi

“The Slovakian middle class continues to expect the government to cover their social and financial provisions. This means that the importance of private retirement provisions has not been sufficiently realised. We are addressing an important responsibility with our retirement provision products, including raising awareness.”
Klaudia Volnerová,
Member of the Managing Board of Kooperativa, Slovakia

“Compensa Life operates in Estonia, Latvia and Lithuania. Although one might think that market access would not differ significantly between these countries, that would be a great misunderstanding. One often has to proceed in different ways to achieve the same goal in each of these three countries. This is the exciting and rewarding challenge I dedicate myself to each and every day.”
Olga Reznik,
Chairwoman of the Managing Board of Compensa Life, Baltic States

“Each country and each market places highly specific requirements on us as an insurer. In order to quickly identify market opportunities, we need dedicated employees with excellent technical knowledge as well as an understanding of the local culture and a willingness to look at the bigger picture. Our success is a result of this dedication.”
Judit Havasi,
Member of the Managing Board of Wiener Städtische, Austria

“Serbia confronts us with very specific market requirements. These include, for example, a ratio of life insurance expenditures to total insurance expenditures that is only 16%, a value that is extremely low even compared to directly neighbouring countries. As one of the market leaders in life insurance in Serbia, one of our key aims is to actively contribute to an increase in private retirement provisions.”
Svetlana Smiljanić,
Member of the Managing Board of Wiener Städtische Osiguranje,Serbia