BTA draudimas

Name

BTA draudimas

Legal name

AAS BTA Baltic Insurance Company

Website

https://bta.lt

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Multi-line Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers and Related Activities (524), Direct Health and Medical Insurance Carriers (524114)

SIC

Accident & Health Insurance (6321)

akta.pro primary industry

Umbrella Insurance (FSAJAMAK)

Keywords

• Motor insurance policies
• Travel insurance coverage
• Personal accident insurance
• Property insurance services
• Insurance claims processing

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Premiums: BTA generates revenue through collected insurance premiums across multiple product lines including MTPL, CASCO, travel, accident, and property insurance. Premiums are collected according to policy terms with monthly billing options available for personal accident insurance.
2. Policy Fees and Deductibles: Revenue generated through policy administration fees and deductible collections when claims are processed. Some products offer zero deductible options for specific risks.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

BTA draudimas sells a multi-line portfolio of retail insurance products in Lithuania, including mandatory third-party liability (MTPL) auto insurance, comprehensive vehicle (KASKO) coverage, travel insurance, personal accident insurance from 5 EUR/month, and home/property insurance. Policies can be purchased online, through the BTA mobile app, at branch offices, or via call center, with bundled MTPL + KASKO savings of up to 30%. The BTA mobile application serves as the central policy and claims self-service platform for all products.

Product overview

BTA draudimas is a multi-line insurance company operating under Vienna Insurance Group, offering a broad portfolio of insurance products. The core offerings are five insurance types: Privalomasis (MTPL), KASKO (comprehensive vehicle), Kelionių (travel), Asmens (personal accident), and Būsto (property). Customers can purchase and manage all products digitally via the BTA programėlė (mobile app), which serves as the unified digital self-service platform providing centralized policy access, claims submission, customer support, and payment functionality. The company promotes bundled offerings such as CASCO + MTPL packages with discounts up to 30%.

Differentiator

Problem solved

Functional benefit

Products and services

• MTPL — Privalomasis draudimas (Mandatory Third-Party Liability Insurance) Mandatory third-party liability auto insurance covering the civil liability of the policyholder or any person driving the insured vehicle for damages caused to third parties. Offered to Lithuanian vehicle owners as a legal compliance product.
• KASKO draudimas (Comprehensive Vehicle Insurance) Comprehensive vehicle insurance covering damage to the insured vehicle from accidents, natural disasters, animal collisions, and other specified risks. Includes a zero-euro deductible option for natural disaster and animal collision risks, and bundles with MTPL for up to 30% savings.
• Kelionių draudimas (Travel Insurance) Travel insurance covering medical expenses, trip cancellation, and emergency repatriation for domestic and international travel. Specifically compensates expenses when airspace closure due to war or military operations prevents return flights to Lithuania.
• Asmens draudimas (Personal Accident Insurance) Personal accident insurance covering bodily injury and related costs, with an optimal plan starting from 5 EUR/month on a monthly subscription billing cadence.
• Būsto draudimas (Home / Property Insurance) Property insurance covering damage to residential buildings and their contents from specified risks, available with special offer pricing for new contracts requesting better terms.

Quantifiable outcome

• Save up to 30% when purchasing MTPL and CASCO insurance together
• +2 more outcomes

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Vienna Insurance GroupcoreStrategic or Co-development PartnerBTA Baltic Insurance Company is a member of Vienna Insurance Group, one of the major insurance groups in Central and Eastern Europe. The group operates through subsidiary AAS BTA Baltic Insurance Company with branches in Lithuania, Latvia, and Estonia.

Scale indicators1 record

Recent moves1 record

Expansion highlights4 records

Direct peers

• Gjensidige Baltic: Baltic arm of Norwegian insurer Gjensidige offering non-life products across Lithuania, Latvia, and Estonia; operates a comparable multi-line, multi-country Baltic model to BTA's parent BTA Baltic.
• Seesam Insurance: Baltic insurer offering non-life products including motor and property insurance in Lithuania; a smaller but direct competitor with overlapping digital and broker distribution.
• PZU Lietuva: Lithuanian subsidiary of PZU Group (largest Polish insurer) offering motor, property, and personal insurance; competes with BTA on MTPL/CASCO pricing and bundling in the Lithuanian market.
• If P&C Insurance Lithuania: Lithuanian operation of If (Sampo Group / Nordic) providing motor, property, and travel insurance; directly comparable to BTA as a multi-line carrier with both branch and digital channels.
• ERGO Lietuva: Lithuanian arm of ERGO Group (Munich Re) offering MTPL, CASCO, property, and travel insurance through branch and digital channels; directly competes with BTA on the same product set and customer segments.
• Compensa Vienna Life: Lithuanian life/health arm of Vienna Insurance Group (same parent as BTA); shares the VIG distribution network and is a sister brand targeting complementary life and health products alongside BTA's P&C offerings.
• Lietuvos draudimas: Largest Lithuanian insurance carrier offering MTPL, CASCO, property, and personal lines; the most direct head-to-head competitor to BTA draudimas in the Lithuanian non-life market with overlapping branch and digital distribution.

Broad incumbents

• Allianz Lietuva: Lithuanian subsidiary of global insurer Allianz offering P&C and life products; competes with BTA on motor and property lines while drawing on a much larger international parent balance sheet.

Emerging players

• Balcia Insurance: Digital-first Baltic insurer (part of the BAWAG Group ecosystem) competing aggressively on online MTPL and CASCO; represents the digitally-native challenger model against which BTA's hybrid distribution must compete.

Regional players

• Salva (in Latvian/Lithuanian adjacency): Baltic insurance operations under If / Sampo Group providing comparable P&C product portfolios across the Baltic region; relevant as a regional peer given BTA's positioning within the broader Baltic insurance landscape.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BTALietuva

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BTA draudimas