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EUROPA INSURANCE

EUROPA INSURANCE

EUROPA Insurance was established in 1985 by a leading British Insurance Group and in 1993 100% of its shares were acquired by Mr Nikolaos A. Makropoulos, present Chairman and CEO of the company and Deputy Mayor for Development, Entrepreneurship and Investments of the Municipality of Athens.

In 2018, Mr Nikolaos A. Makropoulos was awarded the honorary distinction of “Leader in the Greek Insurance Market” for his contribution to the institution of Private Insurance.

EUROPA Insurance, through effective and complete solutions, covers responsibly and with respect every Personal and Business insurance needs.

Through innovative and competitive product solutions, the company fulfill the needs of household and Small and Medium Business insurance, General third-party Liability, Professional Liability, Personal Accident, Yacht Insurance, Transportation and Guarantee Insurance, gaining market shares rising steadily upward .

The Company specializes in insurance for Public Sector Organizations and participates in the coverage of major Industrial and Commercial risks.

A major factor for the growth of EUROPA Insurance was its partnership with Reinsurance Firms renowned worldwide for their financial soundness, with an A rating at a minimum, which support EUROPA Insurance with their high capacity and their participation in the direct cover of claims.

According to the rules of the European Supervisory Authority and the Bank of Greece, the Solvency Ratio (SCR Ratio) of EUROPA Insurance as at 31/12/2019 was 220.16%, one of the highest rates in the Greek Insurance Market, which places the company among the most trustworthy and reliable organizations in its line of business.

In the last 10 years EUROPA Insurance paid 57.4 million Euros in insurance claims, covering as co-insurer 11 of the largest losses occurred mainly in the business sector.

It is worth mentioning that in 2019 EUROPA Insurance paid a claim of 13.2 million Euros to SUNLIGHT S.A. following the fire that broke out on 1st May 2018 at their plant at Olvio, Xanthi. The claim of SUNLIGHT S.A., totalling 66 million Euros, one of the largest insurance claims in history in the business sector in Greece and EUROPA Insurance participated with the second largest share 20% in the co-insurers’ panel.

Reliability, quality, respect, responsibility

Four concepts – four strong pillars, with which EUROPA Insurance has inextricably linked its existence, its present and future, as well as its vision, to delivering the most to policy-holders and to serve faithfully the principles of the institution of private insurance.

 

Contact details:

Address: Filellinon 25, Athens 10557

T: +30  210 3230707

E:  info@europeasfalistiki.gr

 

For further information visit our website: https://europe-asfalistiki.gr/

Representative

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