Compensa belongs to Austria’s leading insurance group Vienna Insurance Group AG Wiener Versicherung Gruppe.
Vienna Insurance Group is one of the largest listed International insurance groups in Central and Eastern Europe (CEE). The Standard & Poor’s credit rating of Vienna Insurance Group is A+. The Group, headquartered in Vienna, operates around 50 insurance companies in 25 countries and has around 25 000 employees.
The Group manages the risks and investments of hundreds of thousands of people in all around Europe. The sum of its premium income in 2018 was about 10 billion euros of which about a half was generated from the Central and Eastern Europe.
Vienna Insurance Group has operated in their home market in Austria for almost 200 years. The Group expanded to CEE markets in the 90’s and for today many well-known local life and property insurance companies belong to the same Group.
Vienna Insurance Group operates through its subsidiaries and affiliated companies in Bulgaria, Estonia, Georgia, Croatia, Lithuania, Latvia, Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Albania, Slovakia, Slovenia, Czech Republic, Turkey, Hungary, Ukraine and Belarus.
Vienna Insurance Group is also represented in Germany, Liechtenstein and Italy.
In the Estonian market Vienna Insurance Group operates as Compensa Vienna Insurance Group, ADB Estonian Branch, which started offering property insurance products in the beginning of 2016. For today the client base has grown to over 20 000 people.