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insuranceThe insurance industry is facing change on an extraordinary scale. As the industry moves forward, insurance companies must seek ways to improve profitability, while at the same time balancing the demands of regulatory change. Throughout the European economic area, the industry faces increased operating costs which together with increased competition are putting pressure on margins and creating the need for superior investment returns. These trends affect the Greek insurance industry as well.

Amongst the greatest challenges facing the companies are:
• Protecting and extending customer relationships
• Managing the risks of new products and services
• Maintaining adequate capital and obtaining satisfactory returns
• Generating profitable growth and building shareholder value

Deloitte is the preeminent professional services firm in the Greek insurance market providing services to several major insurance companies. 

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