CIG Pannonia to plug into third-party car insurance market

Hungarian insurer CIG Pannonia Első Magyar Általános Biztosító (EMABIT) said financial market regulator PSzÁF licensed it to provide manatory third-party car insurance policies.
EMABIT said it would enter the mandatory third-party car insurance market in the autumn, aiming mainly at the corporate and institutional markets at the start.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.