Cristian FUGACIU, CEO, MARSH Romania took over the management of MARSH operations in Austria and Hungary

Starting January 2018, Cristian FUGACIU, CEO of MARSH Romania is heading the global broker's business in the Central Europe, comprising 7 of the 17 insurance markets that form the CSEE Region (Central & South Eastern Europe).

According to the MARSH business segmentation, in addition to Romania, the Central European Region includes Austria, Hungary, Bulgaria, Serbia, Slovenia and Croatia. The seven mentioned countries are part of the CSEE Region along with the following countries: Poland, the Czech Republic, Slovakia, Lithuania, Latvia, Estonia, Cyprus, Greece, Israel and Turkey.

Cristian FUGACIU was appointed as CEO of MARSH Romania in 2002.

In 2014, he extended his responsabilities as Coordinator of the Southern Region, managing the operations of MARSH in Romania, Bulgaria, Serbia, Croatia and Slovenia.

At the same time, Cristian FUGACIU is a Member of the Executive Board of Central & South Eastern Europe operations.

Cristian FUGACIU will continue to manage the MARSH operations in Romania - one of the most dynamic insurance industries among the 17 markets that make up the CSEE Region. Thus, along with the Romanian operations, the activity of MARSH subsidiaries in Austria, Hungary, Bulgaria, Serbia, Croatia and Slovenia will be coordinated from Bucharest.

"I am certain that the unitary approach of the MARSH operations in the seven regional markets will be an advantage for Romania. The fact that MARSH's operations in the Central Region is coordinated from Bucharest, alongside with its presence in the Executive Board at the level of the CSEE Region, can be considere as added value for our customers through strengthening the cooperation, both globally and regionally. Thus, to the advantage of our customers, we will be able to provide them - unitary services and access to the MARSH expertise, sustained by our increased negotiating power," said Cristian FUGACIU, CEO Marsh ROMANIA, Head of Central Region, CSEE.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles

FITCH Affirms EUROINS Romania at IFS 'BB-'; Outlook Stable

FITCH Ratings has affirmed EUROINS Romania Asigurare Reasigurare SA's (EUROINS Romania) Insurer Financial Strength (IFS) rating at 'BB-', and EUROHOLD Bulgaria AD's (EUROHOLD, the group's ultimate holding company) Long-Term Issuer Default Rating (IDR) at 'B'. The Outlooks are Stable.



Lloyd's of London announced new members to the Council

Lloyd's of London announced that Albert BENCHIMOL and Victoria CARTER have been appointed respectively External member and Working member of the Lloyd's Council with effect from 1 February 2019. Michael WATSON, currently on the council, has been re-elected as External member.



Reducing the risks in agriculture by using insurance means, discussed in Skopje

On November 1st, an Agricultural insurance conference took place in Skopje, Macedonia, organized by the Insurance Supervision Agency in cooperation with the Ministry of Agriculture, Forestry and Water Economy. Drawing attention to the necessity of reducing the risks in agriculture by using insurance was the event's main purpose.


IIF 2018 - Insurance in a DIGITAL WORLD

Emmanuel DJENGUE, Innovation Director, Europe - RGAX, Spain is the Keynote Speaker at IIF 2018 - Insurance in a DIGITAL WORLD Conference in Bucharest, on November 27.


See all