IN-the-Know

Developing an Emerging Insurance Market with Paul Dumitru


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Paul Dumitru is an Insurance Specialist at the Financial Supervisory Authority of Romania, President of the CPCU Romanian Chapter, and 2025 CPCU Society International Ambassador, where he will represent the CPCU Society and continue fostering international connections and awareness of the CPCU designation and the CPCU Society.

A CPCU Society member since 2013, Paul earned his CPCU designation in 2017. He is a member of the Europe Chapter, serves as the acting President of the newly forming Romania Chapter, and is a committee member on the Global Virtual Community Steering Committee. Over the past year, he has promoted the CPCU Society through media appearances, conferences, and the launch of the Romania Chapter, helping to expand the Society's reach across Eastern Europe.

Professionally, Paul works at Romania's Financial Supervisory Authority, where he focuses on financial education and strategic insurance initiatives. In this episode of In the Know, Chris Hampshire and Paul discuss insurance in Europe, the CPCU Society Romania Chapter, and some of the factors that have shaped Paul's insurance career, including his CPCU designation.

Key Takeaways

  • Paul's professional journey from chemistry to insurance.

  • Surprising discoveries from within the world of insurance.

  • The intellectual reward of working in risk management.

  • An overview of the Romanian insurance market.

  • Training and developing the next generation of insurance professionals.

  • Strategies for adapting insurance systems as part of the EU.

  • Founding the Romanian CPCU chapter.

  • Paul's message to the next generation of insurance professionals.

  • A five-year look at the future of the Romanian insurance market.

  • The benefits of Paul's CPCU designation.

In the Know podcast theme music written and performed by James Jones, CPCU, and Kole Shuda of the band If-Then.

To learn more about the CPCU Society, its membership, and educational offerings, tools, and programs, please visit CPCUSociety.org.

Follow the CPCU Society on social media:

X (Twitter): @CPCUSociety

Facebook: @CPCUSociety

LinkedIn: @The Institutes CPCU Society

Instagram: @the_cpcu_society

Quotes

  • "Working in insurance is one of the most fascinating industries in the world."

  • "Insurance meets at the intersection of finance, law, and human behavior."

  • "In insurance, I learn something new every day of my life."

  • "You only need curiosity to learn about the fascinating insurance industry."

...more
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IN-the-KnowBy The Institutes CPCU Society

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