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  • Armeec Insurance JSC First Integrated Office  Opened Doors in the City of Burgas

    Armeec Insurance JSC First Integrated Office Opened Doors in the City of Burgas

    The first integrated office of Armeec Insurance JSC, Central Cooperative Bank, Bulgaria’s air carrier Bulgaria Air, CKB Sila Pension Security Joint-Stock Company and the life insurance company CCB Life opened its doors in Bulgaria. It is located in the city of Burgas and is the first outlet where customers can get various different services by different providers such as purchasing insurance, buying plane tickets, banking, placing pension security insurance and so on all in one place. “We want to give our customers the full spectrum of services we and our partner companies offer. This is a pilot office and the first step in the development of a much larger project. We expect to open many more integrated offices like this one across the country in order to make our customers’ experience much more convenient“ said Mr. Konstantin Velev, CEO of Armeec Insurance JSC  at the inauguration of the new integrated office. Over the next two years integrated offices are scheduled to open in many major...

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  • Armeec Insurance JSC meets the capital requirements under Solvency II Directive

    Armeec Insurance JSC meets the capital requirements under Solvency II Directive

    Dear Customers and Partners, On February 3, 2017 the Financial Supervision Commission (FSC) announced the results from the Bulgarian Insurance Sector Balance Sheet Review as of June 30, 2016. The results confirmed the financial stability of Armeec Insurance JSC. The review of the company’s balance sheets was carried out by the independent external reviewer KPMG, Romania. As stated in the summary report of the project manager, Ernst and Young, Greece, as also in the press release of FSC, by applying a consistent approach for assessment of the balance sheets, it is concluded that Armeec Insurance JSC complies with the capital requirements stipulated in Solvency II Directive and the Insurance Code. The company covers the minimum solvency capital requirement by 288 per cent and therefore, FSC does not foresee any supervisory measures with respect to the company. In the course of the review, the shareholders and management of Armeec Insurance JSC took measures to further strengthen its capital...

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  • Armeec JSC under New Management

    Armeec JSC under New Management

    Dear Colleagues, Partners, and Customers, On behalf of the Board of Directors of Armeec Joint Stock Insurance Company we would like to inform you that Mr. Mirolyub Ivanov, Mr. Konstantin Velev, Ms. Diana Maneva and Ms. Vasya Kokinova will be heading our company as Executive Officers and Members of the Board of Directors. Pursuant to the requirements of the new Insurance Code, our Executive Directors will each be taking over a specific segment of our operations and namely, Mr. Ivanov will be in charge of our financial, internal control and audit operations; Mr. Velev will be responsible for the management of our auto insurance business, our product development in this segment, as well as our settlement operations; Ms. Maneva will take charge of our insurance operations outside of the auto insurance segment as well as the Company’s reinsurance activities; Ms. Kokinova will be responsible for the legal support of the Company’s insurance, reinsurance, and settlement operations. Mirolyub Ivanov is an...

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  • Spectacular event for the 20th anniversary of Armeec Insurance JSC honoring its partners

    Spectacular event for the 20th anniversary of Armeec Insurance JSC honoring its partners

    The Foundation band, Intro quartet and the Guards Unit ensemble and orchestra turned the event on the occasion of the 20th birthday of Armec Insurance JSC into real feast for over 500 partners, clients, employees and friends of the company. The anniversary of the insurance company was celebrated in Arena Armeec Hall in the evening of May 19th. Armeec Insurance JSC celebrated its jubilee with..

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  • Armeec JSC Won the Prize Insurer of the Year for 2015

    Armeec JSC Won the Prize Insurer of the Year for 2015

    Armeec insurance company became Insurer of the Year for 2015. The recognition came on the eve of the celebration on the occasion of the 20th anniversary of the company. Armeec JSC won the award in competition with Allianz Bulgaria and DZI General Insurance, which ranked second in the category General Insurance, while Lev Ins won the third place. Traditionally, the winners are determined by..

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  • 20 years Armeec JSC

    20 years Armeec JSC

    Dear clients, partners and employees,   We are pleased to announce that on April 11, 2016 Armeec Insurance JSC celebrated 20 years since its establishment.   We are proud of the fact that our hard work during these years has brought us development, achievements and satisfaction.   After the privatization in 2002 Armeec JSC became one of the most dynamically developing..

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  • Armeec is again a leader in the general insurance

    Armeec is again a leader in the general insurance

      According to the preliminary data of the Financial Supervision Commission by the end of December 2015 Armeec JSC retains its leading position on the general insurance market with a share of 13.2%, premium income of over BGN 207 million and nearly 6% growth, compared to the same period last year.   With largest share in the portfolio of the company is the Motor Insurance. Armeec is..

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  • Armeec JSC organized a charity initiative on the occasion of March 1

    Armeec JSC organized a charity initiative on the occasion of March 1

    Armeec JSC together with Sts. Constantine and Helena Foundation organized a charity initiative on the occasion of March 1, which included a child drawing competition. On the occasion of the feast was held a creative workshop in the fine arts hall of Graffit Gallery Hotel where talented children were drawing on Baba Marta theme. In the workshop participated children with artistic abilities..

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  • Notification

    Notification

    Dear colleagues, partners and customers, On behalf of the Management Board of Armeec Insurance Jsc we inform you that after a long-standing and successful partnership the Executive Director Mr. Rumen Georgiev, made a decision to resign from the management of Armeec. Mr. Georgiev laid the foundations of the company success, contributing through his dedicated work Armeec to become an..

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