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TBC Insurance Plans to Establish Its Own Style on Market – Interview with Paata Ghadzadze

Re-branding process of Kopenbur insurance company has been finished and it will continue operation as TBC Insurance.

The re-branded company will not change service conditions for the existing clients – all insurance policies will remain in force without changes. New subscribers are able to buy TBC Insurance products at the company offices, while starting January 3, 2017 insurance products will be also sold at TBC Bank service centers.

TBC Insurance director general Paata Ghadzadze noted that the company has ambition to be leader on insurance market and will offer innovate products and services to the market.

Services and products will be comfortable both for physical and corporate bodies. The company will offer simplified  purchase and payment procedures, as well as reliable, timely and clients-oriented services, essentially new products, modern channels of sales and high-quality services that will be competitive advantage of TBC Insurance. At this stage, TBC Insurance will offer almost all insurance products to consumers, excluding health insurance packages.

TBC Bank bought Kopenbur in October 2016 with the aim to enter the insurance market. The bank plans to invest 8 million GEL in TBC Insurance and a major part of the sum will be spent on digitalization of services and development of innovative products and services.