DEFEND INSURANCE GROUP has closed the first quarter of 2019 with a great success. Thanks to our branches, we have reached € 20.6 million in gross written premium, registered a record 43,400 insurance policies, which resulted in 27% growth.
The results of DIG for 2018 confirm the significant growth of the whole group and its stable position as one of the leading providers of supplementary car insurance. Year-on-year the newly registeredinsurance contracts increased by 31 %.
After negotiations between DIG and Business Lease, both parties have come to an international contract agreement. Covering 4 countries, DEFEND INSURANCE GROUP will be providing extended warranties for vehicles with expired operational leases.
The business results of DEFEND INSURANCE GROUP in the third quarter exceeded our expectations. We managed to surpass 40,300 concluded insurance contracts, which is a 31% increase compared to the same period last year.
Ingenasys s.r.o. is pleased to announce the completion of the acquisition of DEFEND INSURANCE GROUP s.r.o., and has recently been named DEFEND INSURANCE HOLDING s.r.o.
DIG in the second quarter of 2018, has been successful in fulfilling its long-term strategy for developing the company and strengthening its position on the car insurance market in Central and Eastern Europe.
On May 14, 2018 the Slovak branch of DIG became a member of AFISP, the Association of Financial Intermediaries and Financial Advisers, an organization with the ambition to represent the professional interests of financial intermediaries and financial advisors.
The first quarter of 2018 was very positive for DIG, we achieved sales and profit growth with more than 23 000 contracts concluded, the equivalent of an increase of 27% compared with the previous year. All this contributed to the best performance in group’s history.
DEFEND INSURANCE GROUP responds to the current market challenge, to insure electric cars and hybrids and other alternative fuel vehicles (LPG/CNG), with a new DEFEND GAP insurance program.
Today Ingenasys s.r.o. announced that it has completed the acquisition of 60% of the shares in DEFEND INSURANCE GROUP s.r.o. (hereinafter "DIG” or "the Company") and its affiliates from DEFEND Group a.s. for an undisclosed sum.