IIZI group Brings in New Group CEO to Drive Expansion

IIZI group, the fastest growing insurance intermediary in the Baltic states and Finland, is proud to announce a major advancement in our commitment to becoming a world-class brokerage.  Beginning 1 April, Steve Grossman will be driving international expansion and operational improvements as IIZI group CEO for a period of 3 years.

“Our entrepreneurial spirit and energy have led us to many innovations and a leading position in the market.  But our plans for the future have made us realize that the time has come to leverage our successful business model by adding international best practices and a team of top professional managers to our mix,” comments founder and IIZI Group Chairman of the Board Risto Rossar.

Mr. Grossman has vast global experience, operating in over 40 countries around the world, as a senior executive and transformational (turnaround, international expansion, performance improvement) consultant for many leading companies, including engagements with Xerox, Tektronix, Pohjola and Seesam, Tieto, etc.).  Steve also has led nearly 500 million euro in business development over the past 16 years and has participated in both private and publicly traded companies.

“IIZI’s ambitions are big; its vision is clear. And its desire to be best-in-class and to exceed client, partner and shareholder expectations is exactly the winning attitude that attracted me to this company and this assignment,” says Steve Grossman.
IIZI group consists of four wholly-owned subsidiaries operating in Estonia, Latvia, Lithuania and Finland that employ a total of 151 employees. Consolidated net sales of IIZI Group in 2009 were 5.6 million euros.

Additional information:

Steve Grossman, IIZI group CEO
Email: steve dot grossman(at)iizi dot net

Risto Rossar, IIZI group Chairman of the Management Board
Email: risto dot rossar(at)iizi dot net, mobile: +372 51 19 746