The upward course of MINETTA Insurance continued in 2021.
According to an announcement, the improved results further strengthen its presence in the insurance market.
Specifically, the company recorded a total production of 61 million euros, achieving an increase in production in all its operating lines. Significant growth was recorded in the Fire sector, with the growth rate compared to 2020 exceeding 10% and in the Health sector where the growth rate reached 31%.
Compensation
At the same time, MINETTA Insurance paid to insured customers for the year 2021, compensations that exceeded 24 million euros, maintaining as its main priority the fair and immediate compensation.
In terms of its product strategy, as noted in the same announcement, MINETTA continues to create and have complete programs that essentially meet the needs of modern man. In 2021, the company proceeded to further enrich its range, with products such as the innovative MINETTA.electrify, which includes specialized coverages for electric and plug-in hybrid vehicles, as well as the HOME Pack Short-Term Lease for rental housing.
Finally, as stated in the announcement: “the company’s commitment to its basic principles, such as prompt compensation and anthropocentric service, results in the continuous increase of cooperation with intermediaries, as well as maintaining the long-term trust of its policyholders, the relevant percentage is 90%. The high solvency ratio (SCR), which is close to 160%, provides it with the possibility of upgrading and expanding services and programs, for the benefit of the insured.”
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