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. In the year-on-year comparison, new contracts were increased by 26% in the second quarter.
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 and defend the professional interests of financial intermediaries and financial advisors.
The first quarter of 2018 was very positive for DEFEND INSURANCE GROUP, 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 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.
Ingenasys s.r.o. today announced that it has completed the acquisition of 60% of the shares in DEFEND INSURANCE GROUP s.r.o. and its affiliates ("DIG” or "the Company") from DEFEND Group a.s. for an undisclosed sum.