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,...


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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.

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

🛍️ 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 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 is sponsoring a basketball event in Daugavpils on November 28.

  • Balcia Insurance SE is a main partner of the 'Metų automobilis 2025' event.
  • 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.

👔 Balcia CEO, Management and Leadership Team


⚔️ Balcia Alternatives and Competitors

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


💼 Balcia Hiring and Layoffs

  • Elīna Feldberga has left Balcia as Deputy Chief Legal Officer to join Cembra as Senior Legal Counsel in Switzerland.
  • Alise Drava has joined Balcia as Head of Claims from her previous role as Claims Group Lead at BALTA part of PZU Group in Latvia.
  • 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.
  • Aleksei Malioutin has left Balcia, where he was a Property Damage Claims Manager in France, to join Allianz Commercial as a Complex Recourse Compensation Officer.

  • MARTA Paulaitytė has joined Balcia as an Intern in Lithuania, previously holding a position at Balcia Insurance SE.
  • Rinalds Orlovskis has left Balcia as an Insurance Specialist to join Tet.lv as a Digital Solutions Sales Specialist in Latvia.
  • Grete Gizela Laucis has joined Balcia as a Senior Accountant in Estonia, previously working as an Accountant at Mobec AS.

🤖 Balcia Developer, Integration and Automation News

  • Balcia announced a new partnership with BK "Rīgas Zeļļi" to enhance community engagement and offer exclusive game experiences.
  • Balcia partners with racer Rokas Baciuška to support his participation in the Dakar Rally.
  • 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.


📈 Balcia Financials, Fundraising and Valuation News

  • Balcia reported a 17% increase in premiums to 109 million € and launched a loyalty program in the Baltics with 75% customer onboarding.


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