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Insurances in OZK - Insurance

OZK - Insurance

Market share: 2.5% in 2010
Revenue: 35 million BGN in 2010
Year of founding: 1996
Number of offices: 50
Products: 52

JSIC OZK – Insurance was founded in December 1996. It received general insurance license with Protocol № 9 / 15.06.1998.

The equity of the company is 7,066,678 BGN and it is in accordance with the minimal capital requirements for a company performing general insurance services.

Shareholders:

  • L M IMPEX EOOD – 65.73% share of the capital
  • Toplofikatsiya Sofia AD – 9.32%
  • Municipal Bank Plc – 4.80%
  • Brikel EAD – 4.51%
  • Toplofikatsiya Bourgas EAD – 3.55%
  • Toplofikatsiya Pleven EAD – 3.55%
  • Stanyantsi Mine AD – 3.55%

In 2010 JSIC OZK – General Insurance had a market share of 2.5%. During the year the company reported good results in the field of motor insurance, property insurance, accident insurance and liabilities insurance.

In 2010 the most important product in the company’s portfolio was motor insurance - Motor Vehicle Casco Insurance – 18% and Third Party Liability Insurance – 56%, followed by Property Insurance - 16%, Accident Insurance – 6%, General Third Party Liability insurance – 3%, etc.
 

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