AGROTIKI INSURANCE is proceeding with the accomplishment of its action plans, according to it business planning, aiming to increase its market share, to maintain its leading position in the agricultural areas and to enter dynamically in urban regions, as well as to expand its businesses into the Balkan and European market.

Within the context of their joint management AGROTIKI INSURANCE and AGROTIKI LIFE INSURANCE have:

• Proceed in fully automating their operations, in order to serve customers and units faster and better
• Create a jointly run with Intrasoft software company for insurance applications

Plan to:

• Establish a Health Company, in cooperation with Commercial Metrolife, Emboriki Investment and other specialized domestic and foreign managers
• Acquire shares in specialized companies, like AUDATEX HELLAS, which specializes in the electronic expert loss adjustment in the car insurance sector
• Extend their activity abroad with the acquisition of companies or healthy portfolios

Participate:

• In major European Organizations (AGRI, ARINA)
• Invest in the continuous training of their personnel and sales force
• Make the best possible use of their large network of salesmen, implement the Bancassurance and cooperat efficiently with other companies of the Group of the Agricultural Bank
• Create new insurance plans well adapted to the needs of their customers at competitive prices with excellent quality

Development of Agrotiki Life Abroad

Development in Germany A branch office has been founded in the Federal Republic of Germany, seated in Dusseldorf with the aim to take advantage of the insurance needs of the Greek nationals, living in Germany. The network of insurance salesmen is extended all over the country, through the branch offices of AGRICULTURAL BANK.

Development in Romania A life and non life company named ABG ASIGURA SI REASIGURARI has been founded in cooperation with AGROTIKI INSURANCE, aiming to enter dynamically into the Romania Market which is one of emerging and fast developing market of the Balkans. It is expected that this company will provide a full range of modern insurance plans, very well adapted to the needs of the Romanian market.

Development in the Federal Republic of Yugoslavia

Continuing to be in contact with BEOBANK INSURANCE and preparation for entering this particular market, whenever the political and financial conditions of the country allow it. Alternative solutions will be sought in case that efforts for cooperation with the aforementioned company will not bring any positive result.

Development in Bulgaria

Research is being conducted for a possible entry onto the Bulgarian insurance market, either by participating or taking over of an existing company. The prospects of this specific market as well as the opportunities that it might offer to potential investors are being carefully examined. The experience also of foreign company groups, already based in the country, is being taken into consideration in order to avoid possible mistakes in the future.

Further International Activities

Α) AGROTIKI LIFE is an active member of the European Quality Organization (European Foundation for Quality Management), since 1996. It participates also dynamically by two assessors (EQA Assessors), in the evaluation process of European companies, carried out for the European Quality Awards.