Interasco
Interasco A.E.G.A. is a Greek general insurance company founded in 1890, offering personal and commercial lines (motor, property, health, cyber, commercial) to individuals and businesses across Greece through a network of 800+ agents and brokers, operating since 2006 as a subsidiary of Israel's Harel Insurance Group.
- Company typePrivate
- Founded1890
- HeadquartersAthens, Greece
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Interasco does
Interasco A.E.G.A. is a Greek general insurance company founded in 1890 in Thessaloniki and headquartered today in Chalandri (Athens), operating since 2006 as a wholly-owned subsidiary of Israel's Harel Insurance Investments and Financial Services. The company underwrites a broad portfolio of personal and commercial general insurance products, including motor (tiered Easy Drive / Easy Gold / Easy Platinum programs), property, civil liability, legal protection, primary healthcare (First Care and First Care Advanced), supplementary health and accident, travel, commercial/industrial operations, D&O liability, technical/engineering, transport/cargo, photovoltaic systems, and cyber risk coverage. Underwriting technology spans the My Interasco mobile app (iOS and Android), online quote and payment portals, and a 24/7 roadside and accident-care hotline, integrated with the Mondial Assistance network.
Interasco distributes predominantly through a pan-Hellenic network of more than 800 independent insurance agents and brokers, supported by an inside-sales customer service center and direct self-service digital channels; channel enablement includes recurring partner education meetings and incentive trips. Recent strategic activity (2025) has emphasized healthcare ecosystem depth, including partnerships with Doctor 4U for virtual consultations and Affidea for the NeuraCare Athens neurology center of excellence, alongside product launches in cyber and photovoltaic specialty lines. Revenue mechanics are recurring insurance premiums priced on individual risk profiles across B2C individuals and B2B professionals/commercial clients; the company does not publicly disclose financials, though CEO Karolos Saeas has stated targets of €50 million in production by 2026, €70 million mid-term, and €100 million long-term.
Interasco firmographics
Firmographics- Name
- Interasco
- Legal name
- INTERASCO Α.Ε.Γ.Α.
- Website
- https://interasco.gr
- Company type
- Private
- Founded year
- 1890
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Interasco A.E.G.A. is a Greek general insurance company founded in 1890, offering personal and commercial lines (motor, property, health, cyber, commercial) to individuals and businesses across Greece through a network of 800+ agents and brokers, operating since 2006 as a subsidiary of Israel's Harel Insurance Group.
- Ownership category
- akta.pro rank
Interasco industry classification
Industry- Product category
- General Insurance
- NAICS
- Insurance Carriers (5241), Insurance Agencies and Brokerages (524210)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)
Keywords
Where Interasco is headquartered
LocationHeadquarters
- HQ city
- Athens
- HQ country
- Greece
- HQ region
- Europe
Offices1 record
Markets served
Interasco business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Insurance Premiums - Property & Casualty: Collection of insurance premiums from property, motor, and liability insurance products for both individual and commercial customers
- Insurance Premiums - Health & Accident: Health insurance premiums including primary care programs (First Care), supplementary health coverage, and accident insurance products
- Insurance Premiums - Commercial Lines: Commercial insurance products including technical insurance, transport insurance, D&O liability, cyber risk, and photovoltaic system coverage for businesses
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Automobile Insurance - Easy Drive, Easy Gold, Easy Platinum |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Interasco product offering
Product offeringCore offering
Interasco is a Greek general insurance company that sells a broad portfolio of property, casualty, motor, health, accident, travel, and commercial insurance policies to individuals and businesses. It distributes policies through a nationwide network of more than 800 independent agents and brokers and through its own digital channels (online quote/payment platform and the My Interasco mobile app). Since 2006 it has operated as a wholly-owned subsidiary of Harel Insurance Investments and Financial Services.
Product overview
Interasco A.E.G.A. is a Greek insurance company established in 1890, operating since 2006 as a subsidiary of Harel Insurance Investments and Financial Services. The company offers a comprehensive portfolio of general insurance products and services for both individuals and businesses. For individuals, the core products include automobile insurance (with tiered Easy Drive, Easy Gold, and Easy Platinum programs), property/homeowners insurance, civil liability coverage, legal protection, primary healthcare programs (First Care and First Care Advanced), health and accident insurance, and travel insurance. For professionals, Interasco provides commercial/industrial operations insurance, directors and officers (D&O) liability coverage, technical/engineering insurance, transport/cargo insurance, cyber risk insurance, and photovoltaic systems coverage. The company also offers a mobile application (My Interasco) for digital policy management and access to additional health services including NeuraCare Affidea and Doctor 4U nutrition services. Interasco serves customers across Greece through a network of over 800 partners.
Differentiator
Problem solved
Functional benefit
Brands
- First Care: Primary healthcare program offering first-level care services
- First Care Advanced
- Easy Drive
- Easy Gold
- Easy Platinum
- Doctor 4U
- Cyber Risk Insurance
Products and services
- Automobile Insurance (Easy Drive / Easy Gold / Easy Platinum) Comprehensive automobile insurance for individual vehicle owners, offered in three progressively broader tiers (Easy Drive, Easy Gold, Easy Platinum) with annual billing.
- Property Insurance Home and property insurance covering residences against fire, theft, natural disasters, and related risks for individual homeowners.
- Civil Liability Insurance Civil liability coverage for individuals against third-party claims for bodily injury or property damage.
- First Care Primary Care Program Primary healthcare insurance program (First Care and First Care Advanced) providing preventive care, medical visits, and diagnostic examinations for individuals.
- Health & Accident Insurance Health and accident insurance covering medical expenses, hospitalization, and accident-related costs for individuals.
- Travel Insurance Travel insurance covering trip cancellations, medical emergencies, and travel-related risks for individual travelers.
- Commercial / Industrial Operations Insurance Insurance coverage for commercial and industrial businesses protecting against operational risks, property damage, and business interruption.
- Directors & Officers (D&O) Liability Insurance Liability insurance protecting corporate directors and officers from claims related to business decisions and corporate governance.
- Technical Insurance Engineering and construction-related insurance including contractor's all-risk and erection all-risk policies for technical and infrastructure projects.
- Transport / Cargo Insurance Cargo and transport insurance covering goods in transit by road, sea, rail, or air for commercial clients.
- Cyber Risk Insurance Cyber insurance for businesses covering data breaches, hacker attacks, information system violations, legal expenses, crisis management, data recovery, and third-party claims.
Quantifiable outcome
- 2026 production target of €50 million with trajectory toward €100 million long-term goal
Companies that use Interasco
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Interasco technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Interasco partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- AffideacoreNeuraCare Athens - The first Affidea Center of Excellence in Neurology in Greece and Europe. Partnership provides Interasco health insurance customers access to specialized neurology services at this premier healthcare facility.
- Doctor 4UminorDoctor 4U is a digital health service providing virtual doctor consultations and nutritionist services. Interasco offers this service to health insurance customers as part of their coverage benefits.
- Mondial AssistancecoreMondial Assistance network partner providing roadside assistance and accident care services to Interasco policyholders. Includes network of affiliated workshops throughout Greece.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Interasco competitors and assessment
Company assessmentDirect peers
- Generali Hellas: Greek arm of Generali offering P&C, health, and life insurance - directly comparable to Interasco across retail and commercial lines within the same Greek market.
- Ethniki Asfalistiki (National Insurance): Greece's largest domestic P&C and life insurer offering motor, property, health, and commercial lines through a partner network - the closest direct competitor to Interasco across both consumer and commercial segments in the Greek market.
- NN Hellas: Greek subsidiary of NN Group distributing life, health, and P&C products through agent networks - competes with Interasco on the consumer and small-commercial side in Greece.
- Eurolife ERB Insurance Group: Major Greek insurance group (subsidiary of Fairfax/Thomas H. Lee) distributing P&C, life, and health products through tied agents and brokers - directly comparable to Interasco in product breadth and channel strategy.
- Groupama Phoenix Greece: Greek-anchored insurer offering motor, property, health, and commercial lines via a multi-channel model including partner agents - a direct challenger in the same segments where Interasco operates.
Broad incumbents
- MetLife Greece: Greek operations of global insurer MetLife with focus on life, accident, and health insurance products - comparable to Interasco's First Care and accident/health lines, but more life-skewed.
- Allianz Greece (Allianz Hellas): Greek subsidiary of global insurer Allianz offering a broad portfolio of P&C, health, and life insurance - overlaps with Interasco's full product suite but as part of a larger European parent with broader capabilities.
- AXA Insurance Greece: Greek subsidiary of AXA offering P&C, health, and life coverage through broker and agent channels - directly comparable distribution model and product portfolio to Interasco, with the backing of a global insurance brand.
- ERGO Hellas: Greek arm of Munich Re's ERGO distributing motor, property, and health insurance via partner networks - a directly comparable channel-led carrier competing for the same Greek agent/broker relationships.
Others
- Harel Insurance Investments and Financial Services: Israeli parent company of Interasco - itself a major insurer with €134.6B in invested assets and €11.2B in premium production - relevant for understanding capital, reinsurance, and IT capability provenance for the Greek subsidiary.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Interasco social profiles
Digital presenceInterasco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Interasco leadership team
Management profileNumber of profiles
Profiles8 records
Interasco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Interasco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Interasco
What does Interasco do?
Interasco is a Greek general insurance company that sells a broad portfolio of property, casualty, motor, health, accident, travel, and commercial insurance policies to individuals and businesses. It distributes policies through a nationwide network of more than 800 independent agents and brokers and through its own digital channels (online quote/payment platform and the My Interasco mobile app). Since 2006 it has operated as a wholly-owned subsidiary of Harel Insurance Investments and Financial Services.
Is Interasco a public or private company?
Interasco is a private company. It is classified as corporate owned and is currently operating.
When was Interasco founded?
Interasco was founded in 1890. It employs 51 to 100 people.
Where is Interasco based?
Interasco is headquartered in Athens, Greece, in the Europe region.
How does Interasco make money?
Three revenue lines are on record. Insurance Premiums - Property & Casualty is the primary driver. The others are insurance Premiums - Health & Accident and insurance Premiums - Commercial Lines.
Who are Interasco's main competitors?
Direct peers on record are Generali Hellas, Ethniki Asfalistiki (National Insurance), NN Hellas, Eurolife ERB Insurance Group and Groupama Phoenix Greece. Broad incumbents are MetLife Greece, Allianz Greece (Allianz Hellas), AXA Insurance Greece and ERGO Hellas. Harel Insurance Investments and Financial Services is listed as an others.
Does Interasco have an API?
No public API is recorded for Interasco.
What industry is Interasco in?
Interasco's product category is General Insurance. Its primary akta.pro industry code is FSAGAGAL, Embedded Insurance & Affinity Distribution Platforms. Its NAICS code is 5241 and its SIC code is 6331.