Colonnade Insurance in Central Europe

Colonnade Insurance S.A. (Colonnade) is a Luxembourg based non-life Insurance company fully owned by Fairfax and established for a strategic expansion of the Fairfax insurance business in Central & Eastern Europe.

Colonnade is licensed to underwrite 17 of the 18 statutory classes of non-life Insurance (except Class 10 – Motor Vehicle Liability). Our licenses are extended to Freedom of Services for all EU member states. The company currently maintains, and forecasts the maintenance of, a strong solvency ratio, well above the required levels. Colonnade is supported by leading global reinsurers with strongest financial security led by Swiss Re, SCOR, Munich Re.

Facts:

Number of markets: 7


GWP: 124 million USD


Number of employees: more than 450


Registered office: Luxembourg


We operate through branches in Slovakia, Czech Republic, Hungary, Poland, Bulgaria, Romania and its sister company in Ukraine.

Branches operate on a decentralized basis but having strong internal culture where market practice leaders share their expertise cross-branch. The empowered un-derwriting teams applying a focused underwriting strategy to their markets.

Executive management

  • Peter Csakvari, General Director
  • Andras Sellyei, Chief Financial Officer
  • Babette Chambre, Compliance Officer
  • John Ockenden, Chief Actuary and Chief Risk Officer
  • Julien Immelé, Internal Auditor

Board of directors

  • Ronald Schokking, Board Member
  • Jean Cloutier, Board Member
  • Frederick Gabriel, Board Member
  • Leo de Waal, Board Member
  • Bijan Khosrowshahi, Board Member
  • Marnix Ernst Wielenga, Board Member