Balcia | Sep 03, 2024

Here is a quick update on the company brought to you by RivalSense AI.

  • Balcia Insurance SE  launched  the 'City Combo' insurance covering unregistered transport like bicycles and scooters.
  • On 26 August 2024, Balcia, as a founding partner,  launched  the first batch of the StartSchool program in Latvia.
  • 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  moved  into a new office this summer.
  • Balcia  updated  their app on 23 Aug 2024, introducing a new friends benefit and bug fixes.
  • 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.
  • Meelis Erm  won  the Balcia Best Baltic Rider award.
  • 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.
  • Balcia Insurance SE will  participate  in the Simple Session BMX and skateboarding contest in Tartu this weekend, offering exclusive merch and experiences at their booth.
  • Balcia now  allows  customers to track their claim payments through the Balcia app.
  • Balcia Insurance SE  collaborated  with Rīgas Ekonomikas augstskola to offer an 'Effective Manager' course for its employees, covering topics like wellbeing, personal productivity, and leading with technology.
  • Balcia  updated  their subscription confirmation message to 'Thank you for choosing Balcia'.

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