Zurich Insurance Group announces Baltic expansion

Finnish branch to take the lead

Zurich Insurance Group announces Baltic expansion

Insurance News

By Terry Gangcuangco

Zurich Insurance Group’s Nordic unit is broadening its horizons with a strategic move into the Baltic states.

According to the insurer, which has been operating within the Nordic countries since 1875, it will now be providing its suite of insurance and risk management solutions to Estonia, Latvia, and Lithuania, targeting the middle-market segment specifically.

The expansion will see Zurich’s Finnish branch spearheading efforts to cater to the distinct requirements of middle-market businesses and their brokers in the Baltic region.

Mattias Fritz (pictured), chief executive of Zurich Nordic, expressed enthusiasm about the venture, saying: “We are excited to extend our footprint to the Baltic market and offer their businesses our local expertise, global network, and world-class service.

“The risk landscape is becoming more complex, and we want Estonian, Latvian, and Lithuanian customers and insurance brokers to experience how we can make a difference in catering to their ever-changing needs.”

Zurich Nordic’s Baltic proposition will include casualty, property, engineering, financial lines, and marine insurance products and services.

The expanded reach will enable brokers and their clients in the Baltics to access Zurich Nordic specialists in claims handling, underwriting, and risk engineering, among others. These experts collaborate with Zurich’s international network, which spans over 200 countries and territories.

What do you think about this story? Share your thoughts in the comments below.


Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!