Euroins Insurance Group (EIG) is one of the largest independent groups operating in the Central and SEE insurance markets. The company is focused in providing a full range of insurance products in the areas of general, health and life insurance. Sofia-based group operates in 14 European countries, has more than 10% market share in Bulgaria, Romania and North Macedonia. In 2014 EIG initiated operations in Greece under the freedom of services regime and in 2016 is already operating on Ukrainian market after acquiring HDI Strakhuvannya from Hannover based TALANX International. At the end of 2017 EIG acquired a stake in the Russian insurer ООО RSO Euroins and with this operation entered on the Russian market. Ιn September 2018 EIG acquired a major stake in the Georgian Insurer IC Group and with this operation entered on the Georgian market. These acquisitions are in line with EIG's strategy to expand in the Eastern Europe and CIS region where the markets have an enormous potential for growth. In May 2020, EIG completed the acquisition of ЕRGO Belarus after obtaining regulatory approvals from Ministry of Antimonopoly Regulation and Trade (MART) and Ministry of Finance in Belarus.The EIG also has niche operations in Italy, Spain, Poland, UK, Netherlands and Germany. The group has over 3 million clients, 3500 employees and annual revenues of nearly EUR 468 million for 2020.
The main objectives of the company are
- Satisfy its clients' needs;
- Expand the markets on which it operates;
- Increase the market share of each of its subsidiaries;
- Increase sales volumes and preserve the positive public image of the company.
Euroins Insurance Group (EIG) is a subsidiary of EUROHOLD BULGARIA - leading Bulgarian company, listed on BSE-Sofia and WSE. EUROHOLD BULGARIA operates across the CEE and SEE, focused on non-banking financial services and asset management. The Headquarters is located in Sofia.