HDI enters Polish market through acquiring Samopomoc
German insurance group HDI (Haftpflichtverband der Deutschen Industrie) has
acquired shares in the Samopomoc insurance company from investment fund Secu
ro Investment. This means that the third largest German insurance company ha
s now entered the Polish market. Samopomoc had been seeking a new investor f
or nearly two years. "There is still room for a new foreign investor on the
insurance market on the condition that it skillfully adapts its strategy to
local conditions, otherwise it is not going to succeed," said member of the
management board of Inter Polska, Piotr Narloch. The takeover will enable HG
I, which except for Scandinavia, operates on all EU markets, to acquire a la
rge sales network - 240 branches and 3,000 agents. (Puls Biznesu, p. 6) K.S