Balcia | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Balcia is an insurance company based in Latvia, offering a variety of insurance products including car insurance, home insurance,...
Balcia is an insurance company based in Latvia, offering a variety of insurance products including car insurance, home insurance, accident insurance, travel insurance, and more. They provide online insurance services with quick price quotes.
Website
Headquarters
Riga, LV
Size
201-500 employees
Industry
Insurance
Specialities
insurance, InsurTech, Automated insurance, Subscription insurance, International insurance, Innovative insurance, Start-up mindset , Lifestyle insurance, Client-centric insurance , Non-life insurance , User experience, Not boring insurance, Exciting careers , Professional growth, Embracing surprises, Customer satisfaction, Insurance education, Multi-Country Coverage, Partnership opportunities, Mobile app
๐๏ธ Balcia Product and Pricing News โ
๐ Balcia CEO, Management and Leadership Team โ
โ๏ธ Balcia Alternatives and Competitors โ
๐ผ Balcia Hiring and Layoffs โ
๐ค Balcia Developer, Integration and Automation News โ
๐ Balcia Financials, Fundraising and Valuation News โ
๐๏ธ Balcia Product and Pricing News
- Balcia launched a new road insurance product, which was nominated for the 'Insurance Event of the Year' award by the Estonian Insurance Association.
- Balcia has launched a new loyalty program where users can earn royal rewards by shopping, participating, and sharing.
- Balcia Insurance SE now allows customers to submit claims through audio messages, aiming to revolutionize the insurance claims process across the EU.
- Balcia Insurance SE is preparing for new challenges next year with WatchOS 11.
- Balcia Insurance SE launched the 'City Combo' insurance covering unregistered transport like bicycles and scooters.
- PolisaOnline.pl now offers OC motor insurance from Balcia Insurance and Benefia Ubezpieczenia.
- Balcia is supporting the MAD WINTER RAIL JAM freestyle skiing and snowboarding event organized by the Latvian Ski Federation.
- Balcia removed the 'Loyaltoroyal' section from their website.
๐ Balcia CEO, Management and Leadership Team
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France and Italy FOS General Director
[email protected] -
General Director[email protected]
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Group Finance Director[email protected]
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Branch Director[email protected]
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General Director Poland[email protected]
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Chief Administrative Officer[email protected]
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Chief Actuary[email protected]
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Chief Underwriting Officer[email protected]
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Chief Risk Officer (CRO)[email protected]
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Chief Maintenance & Security Officer[email protected]
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Vice President[email protected]
โ๏ธ Balcia Alternatives and Competitors
๐ผ Balcia Hiring and Layoffs
- Elฤซna Feldberga has left Balcia as Deputy Chief Legal Officer to join Cembra as Senior Legal Counsel in Switzerland.
- Balcia is currently seeking a Claims Handling and Innovation Lead (Group level) in Latvia.
- Mirosลawa Szewczyk has been promoted to Group Customer Care Lead at Balcia.
- Rinalds Orlovskis has left Balcia as an Insurance Specialist to join Tet.lv as a Digital Solutions Sales Specialist in Latvia.
- MARTA Paulaitytฤ has joined Balcia as an Intern in Lithuania, previously holding a position at Balcia Insurance SE.
- Grete Gizela Laucis has joined Balcia as a Senior Accountant in Estonia, previously working as an Accountant at Mobec AS.
- Balcia's Customer Care and Claims Management department recently enhanced their skills with training from Manager.LT AKADEMIJA to improve client interactions.
- Vaida Mikulskienฤ has joined Balcia as a Claims handling specialist.
๐ค Balcia Developer, Integration and Automation News
- Balcia is partnering with Citywave Vilnius to support the first artificial wave facility in the Baltic states, enhancing local and tourist surfing experiences in Lithuania.
- Balcia has been chosen as the official insurer for Dobeles dzirnavnieks, a local company with ambitious future plans and ongoing ESG initiatives.
- Balcia has entered a strategic partnership with the Beach Volleyball League (PTL) to enhance insurance processes using modern technology.
- On 26 August 2024, Balcia, as a founding partner, launched the first batch of the StartSchool program in Latvia.
๐ Balcia Financials, Fundraising and Valuation News
- Balcia reported a 17% increase in premiums to 109 million โฌ and launched a loyalty program in the Baltics with 75% customer onboarding.
- Natalija Misฤkienฤ, Personal Insurance Product Manager at Balcia Insurance SE, reported a 300% increase in Junior insurance sales from August to October compared to the cold season.
- Balcia's 2023 ESG Report reveals a 261% customer growth in Latvia and a 30% increase in policies sold Group-wide, driven by sustainability and innovation efforts.
- Balcia Insurance SE country managers met in Riga to present their half-year results, with notable achievements including the launch of motor products, ISO certification, and growth in e-commerce and app sales in Estonia.
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