Generali SpA

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Bulgaria

Generali Bulgaria is one of the biggest foreign insurers operating in this market.

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Gross written premiums
€ 73 mln
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P&C Market share
8.8%
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Ranking
#6
 

Generali Bulgaria’s operations include Generali Insurance (non-life and health insurance) and the Generali Zakrila Medical and Dental Centre. Insurance products are sold by over 1,200 agents and 300 brokers. Generali Bulgaria has almost 190 offices spread across the country. In addition, it has 15 specialized claims centres in the country’s bigger cities to improve the claims settlement process and enhance customer convenience.

Generali Bulgaria and VICTORIA ZAD were successfully merged in 2016. This merger combined the strengths of both companies. It created financial synergies that will provide the basis for achieving sustained profitability. In 2016, Generali Bulgaria recorded gross written premium of €73 million.