Eurolife
- Company typePrivate
- Founded1989
- HeadquartersNicosia, Cyprus
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
Eurolife firmographics
Firmographics- Name
- Eurolife
- Legal name
- Eurolife Limited
- Website
- https://eurolife.com.cy
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Eurolife industry classification
Industry- Product category
- Life and Health Insurance
- NAICS
- Direct Life, Health, and Medical Insurance Carriers (52411), Direct Health and Medical Insurance Carriers (524114), Pension Funds (525110)
- SIC
- Life Insurance (6311)
- akta.pro primary industry
- Whole Life Insurance (FSAIABAA)
- akta.pro secondary industry
- Level Term Life Insurance (FSAIAAAA)
Keywords
Where Eurolife is headquartered
LocationHeadquarters
- HQ city
- Nicosia
- HQ country
- Cyprus
- HQ region
- Europe
Offices14 records
Markets served
Eurolife business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Life Insurance Premiums: Recurring premium income from life insurance policies including Life Plan, Level Term, Life Protect, Credit Life, and Personal Accident products. Premiums are paid at regular intervals based on policy type and coverage selected.
- Health Insurance Premiums: Premium income from health insurance programs (Medica) providing hospitalization coverage up to €2,000,000 for treatment in Cyprus and abroad including the United States, Canada and Switzerland.
- Savings and Investment Fund Management: Management fees from investment funds linked to insurance products. Eurolife offers Dynamic Fund, Balanced Fund, Income Fund, and Conservative Fund with investments linked to Insurance Funds of €646 million.
- Retirement and Pension Plans: Premium and management income from retirement planning products and occupational pension plans (Smart Future) managing over €400 million for more than 300 corporate clients.
- Business/Group Insurance: Premium income from corporate insurance products including group health insurance, employee protection, business insurance, and student protection plans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Individual Life Insurance Plans |
| Subscription | Monthly | Health Insurance (Medica) |
| Hybrid | Monthly | Investment-Linked Insurance Products |
| Subscription | Monthly | Retirement and Savings Plans |
| Subscription | Annual | ourlife Loyalty Scheme Benefits |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
Eurolife product offering
Product offeringCore offering
Eurolife provides life, accident, and health insurance products to individuals and businesses in Cyprus. Its portfolio includes life insurance (Life Plan, Level Term, Life Protect, Credit Life), the Medica health program with hospitalization coverage up to €2,000,000, retirement and pension plans including Smart Future, savings and capital creation plans, child insurance, and group/business insurance for corporate clients.
Product overview
Eurolife is a comprehensive life and health insurance company offering a multi-product portfolio centered around its core insurance offerings. The product lineup includes life insurance products (Life Plan, Level Term, Life Protect, Credit Life, Personal Accident), the Medica health program with hospitalization coverage up to €2,000,000, retirement/pension plans including the Smart Future Occupational Pensions Plan, savings and capital creation plans, child insurance plans, and business/group insurance solutions. The company differentiates through digital platforms including the Myeurolife App and Portal for self-service policy management, the ourlife loyalty scheme with tiered benefits, and complementary services like the Let's Talk mental health support and various calculators (Lifeneeds, Income Tax, Investment Profile). Products are distributed through an extensive network of over 400 insurance advisors across Cyprus and serve over 140,000 customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Life Insurance (Life Plan, Level Term, Life Protect, Credit Life)
Companies that use Eurolife
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Eurolife technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
Eurolife partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Karaiskakio FoundationcoreStrategic partnership to support research, education, and social contributions in Cyprus. The collaboration aims to strengthen social cohesion and human dignity through joint initiatives in humanitarian work and promoting a culture of giving.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Eurolife competitors and assessment
Company assessmentDirect peers
- CNP Cyprus Insurance Holdings: CNP Cyprus is the Cyprus life insurance arm of CNP Assurances (France), offering term, whole life, health and savings products to Cypriot consumers. It directly competes with Eurolife in the same life and health segments through a similar bancassurance-anchored distribution model in Cyprus.
- Universal Life Insurance Public Company: Universal Life is a Cyprus-based insurer offering life, health, and pension products through its own advisor network. It overlaps Eurolife on life coverage, savings, and retirement planning for individuals and corporate clients in the Cyprus market.
- Atlantico Life Insurance Company: Atlantico Life is another Cyprus-licensed life insurer providing protection, savings, and investment-linked policies. It competes head-to-head with Eurolife for individual and group life customers across Cyprus.
- Eurobank Life Insurance (formerly Ethniki Insurance): Eurobank Life distributes life and health insurance through Eurobank's Greek and Cypriot banking network. With Eurolife now under Eurobank ownership, it is increasingly the closest sister-competitor in the Greek/SE European bancassurance space.
Regional players
- Interamerican Life Insurance: Interamerican is an Achmea-backed Greek life and health insurer with operations in SE Europe. Comparability is in product/category (life, health, savings) and overlapping geography, though its primary market is Greece rather than Cyprus.
Broad incumbents
- CNP Assurances: CNP Assurances is a French life and health insurance leader and the parent of CNP Cyprus. It is relevant as the broader incumbent whose product templates and capabilities shape what Cyprus subsidiaries (competing with Eurolife) can offer.
- MetLife: MetLife is a global life, health and retirement carrier offering group benefits, individual life, and pensions. It is relevant as a broad incumbent comparable to Eurolife on life/health product categories and enterprise benefits delivery.
- Prudential plc: Prudential operates life and pensions businesses across Asia and Africa with comparable savings, retirement, and protection product lines. Comparable to Eurolife on life-and-pensions product architecture and longer-duration liabilities.
- Allianz Life Insurance: Allianz Life sells annuities, life insurance, and retirement products in the US and similar markets. It is comparable to Eurolife on investment-linked life products, advisory distribution, and recurring premium/fee economics.
Others
- JCC Payment Systems: JCC is Eurolife's card payment processing partner. It is an adjacent/ecosystem infrastructure provider rather than a competitor — included as a relevant counterparty for understanding Eurolife's operating stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Eurolife compliance and trust
Trust signalCompliance3 records
Eurolife financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eurolife leadership team
Management profileNumber of profiles
Profiles7 records
Eurolife funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eurolife M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eurolife
What does Eurolife do?
Eurolife provides life, accident, and health insurance products to individuals and businesses in Cyprus. Its portfolio includes life insurance (Life Plan, Level Term, Life Protect, Credit Life), the Medica health program with hospitalization coverage up to €2,000,000, retirement and pension plans including Smart Future, savings and capital creation plans, child insurance, and group/business insurance for corporate clients.
Is Eurolife a public or private company?
Eurolife is a private company. It is classified as corporate owned and is currently operating.
When was Eurolife founded?
Eurolife was founded in 1989. It employs 501 to 1,000 people.
Where is Eurolife based?
Eurolife is headquartered in Nicosia, Cyprus, in the Europe region.
How does Eurolife make money?
Five revenue lines are on record. Life Insurance Premiums are the primary driver. The others are health Insurance Premiums, savings and Investment Fund Management, retirement and Pension Plans and business/Group Insurance.
Who are Eurolife's main competitors?
Direct peers on record are CNP Cyprus Insurance Holdings, Universal Life Insurance Public Company, Atlantico Life Insurance Company and Eurobank Life Insurance (formerly Ethniki Insurance). Interamerican Life Insurance is listed as a regional player. Broad incumbents are CNP Assurances, MetLife, Prudential plc and Allianz Life Insurance. JCC Payment Systems is listed as an others.
Does Eurolife have an API?
No public API is recorded for Eurolife.
What industry is Eurolife in?
Eurolife's product category is Life and Health Insurance. Its primary akta.pro industry code is FSAIABAA, Whole Life Insurance, with a secondary code of FSAIAAAA, Level Term Life Insurance. Its NAICS code is 52411 and its SIC code is 6311.