Wiener Insurance VIG, a subsidiary of the Vienna Insurance Group (VIG), is celebrating 25 years of successful operations in Croatia, establishing itself as one of the leading players in the country’s insurance market. Backed by the strength of its parent company, VIG, which marks an impressive 200 years in business this year, Wiener Insurance continues to grow, with a focus on market expansion, sustainability, and profitability.
At a media event marking the anniversary, Wiener’s CEO Tamara Rendić and Peter Höfinger, Deputy Chairman of VIG, reflected on the company’s journey and outlined its future strategy. Among the significant milestones highlighted was Wiener’s integration of Erste Insurance in 2018, strengthening its market position. Other notable achievements include being the leading provider of life insurance in 2020, 2021, and 2022, and securing two prestigious Golden Kuna awards. Today, Wiener Insurance boasts a team of 630 employees and over 235,000 satisfied clients, with notable partnerships among Croatia’s largest corporate customers.
The company’s financial results for the first half of 2024 show continued growth, with premiums collected reaching €75.5 million, a 5.2% increase compared to the same period in 2023. In the non-life insurance segment, growth was even more pronounced, with an 11.1% rise.
Looking ahead, Wiener Insurance is focused on expanding its non-life insurance offerings, particularly in property, health, and motor vehicle coverage. The company also aims to drive innovation through digitalisation, investment in employee development, and corporate social responsibility. A key part of its strategy includes further strengthening its partnership with Erste & Steiermärkische Bank, particularly in the non-life insurance sector.
At the event, Rendić expressed pride in the company’s achievements and resilience over the past 25 years, stating: “We are a stable company that looks ahead, focusing on key pillars such as non-life insurance growth, digitalisation, investment in our people, and sustainability. We will continue to build long-term relationships with our clients and adapt to market changes to ensure competitiveness and profitability.”
The event also saw the announcement of Christoph Rath as the new Chairman of Wiener Insurance’s Supervisory Board, tasked with continuing the company’s trajectory of growth and success.
