Balcia | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

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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.

🛍️ Balcia Product and Pricing News →

👔 Balcia CEO, Management and Leadership Team →

⚔️ Balcia Alternatives and Competitors →

💼 Balcia Hiring and Layoffs →

🤖 Balcia Developer, Integration and Automation News →

📈 Balcia Financials, Fundraising and Valuation News →

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🛍️ Balcia Product and Pricing News

• 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.

• Harju County Court has accepted Balcia Insurance's application to declare PlusPlus Capital insolvent.
• Balcia Insurance SE launched liability insurance on Polisa Online with the help of a new AI-based virtual assistant named Ola.
• Balcia introduced a new drought insurance product at a press event in Estonia, featuring insights from farming influencer Tõnis.

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👔 Balcia CEO, Management and Leadership Team

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⚔️ Balcia Alternatives and Competitors

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💼 Balcia Hiring and Layoffs

• Elīna 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.
• Mirosława Szewczyk has been promoted to Group Customer Care Lead at Balcia.
• Reinis Bērzkalns, Vice President at Balcia Insurance SE, announced that the company has mobilized all its resources to assist customers affected by a recent natural disaster.
• Vaida Mikulskienė has joined Balcia as a Claims handling specialist.

• Paweł Tukiendorf has left Balcia as PRODUCT MANAGER/PRODUCT OWNER (MOTOR INSURANCES) in Poland to join Allianz Polska as MANAGER FOR PRODUCT SALES IN AGGREGATORS.
• Agata Bogusławska, Head Accountant at Balcia Insurance SE, completed the Effective Manager course at the Stockholm School of Economics in Riga.
• Balcia posted job openings for Property Risks Underwriter and Liability Risks Underwriter in Rīga with salaries ranging from €1900 to €2100.

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🤖 Balcia Developer, Integration and Automation News

• 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.
• Polisa Online started offering motor insurance policies developed by Balcia and Benefia.

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📈 Balcia Financials, Fundraising and Valuation News

• Natalija Misėkienė, 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 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.
• 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.

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