The history of our insurance company dates back to 1991 when Slovenská investičná poisťovňa, akciová spoločnosť (SIP, a.s.) was established in Košice. The company, which launched its operations in January 1993, went on to become a universal insurance company offering both life and non-life insurance services.
The Australian insurance and reinsurance company QBE International Insurance Limited became a majority shareholder in November 1999. Aiming to become a modern and dynamically developing insurance house, the company underwent a process of major organisational changes in the following years.
In December of 2014 the Canadian-based insurance and reinsurance group Fairfax Financial Holdings agreed to acquire the insurance portfolio of the QBE Group in Slovakia, Czech Republic and Hungary. Fairfax Financial Holdings operates in the Central Europe region through Colonnade Insurance, an insurance company registered in Luxembourg.
Colonnade Insurance Slovakia Branch’s total gross written premium in non-life insurance exceeds EUR 16 million annaually. The branch administers more than 50,000 insurance policies in retail, corporate and motor insurance markets and handles over 4,800 claims each year.
Employees of our branch provide services for our clients as well as insurance brokers in our offices in Košice, Bratislava, Nitra and Banská Bystrica. Our clients can also contact the offices of tied financial agents and brokers all over Slovakia.