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Advice from Iveta Kunova, President of the Association of Insurance Brokers

NEWS_PUBLISH_DATE 16 August 2018
Advice from Iveta Kunova, President of the Association of Insurance Brokers image

Chaos in the insurance market after the bankruptcy of the Cypriot company "Olympic", operating in our market. 200,000 people in our country have suffered and now have a few days to make new policies with other insurers. The urgent replacement of the insurances has started, printers and brokers will work overtime to control the created tension. "There have been indications since May. The industry was warned, "said Iveta Kunova, chairwoman of the Bulgarian Association of Insurance Brokers. "Insurance brokers advised clients who have installment policies to Olympic to continue in other companies. When their insurances expired, we offered them to continue in other companies ", said Kunova. She also explained that the members of the Bulgarian Association of Insurance Brokers have warned their clients through text messages, emails and calls about the situation. "The insurance market in Bulgaria is absolutely stable," Kunova added.