Latvijas Transportlīdzekļu apdrošinātāju birojs

What Latvijas Transportlīdzekļu apdrošinātāju birojs does

Latvijas Transportlīdzekļu apdrošinātāju birojs (LTAB), the Latvian Motor Insurers' Bureau, is a non-profit association (biedrība) founded in 1997 and headquartered in Riga that administers Latvia's compulsory third-party liability insurance (OCTA) system under statutory mandate. The organization operates the Guarantee Fund that compensates victims of road traffic accidents caused by uninsured or unidentified vehicles, and serves as Latvia's national bureau for the international Green Card System spanning 45 countries, handling cross-border motor insurance claims through a foreign insurer correspondent portal covering 41 jurisdictions.

LTAB's core products include an online service portal (services.ltab.lv) providing OCTA validity checks, responsible insurer search, and insurance history lookup; the LTAB OCTA mobile application deployed across iOS, Android, and Huawei AppGallery; the harmonized notification accident reporting system available in paper, electronic, chatbot, and WhatsApp-integrated formats; the Bonus-Malus driver classification database; and the Guarantee Fund compensation mechanism. The technology stack centers on web-based service portals, claims and insurance history data processing systems, Green Card System integration, and marketing/analytics infrastructure (Google Analytics, Google Tag Manager, Adform). Public awareness campaigns are run across digital, traditional media, and physical channels, with the 2025 'Ja Tev nav OC/TA – nebrauc!' campaign alone reaching over 9.4 million people and conducting 394,113 vehicle compliance checks.

LTAB's business model is funded through mandatory contributions from OCTA system member insurance companies, including a one-time 7,000 EUR Guarantee Fund entry contribution per insurer, plus ongoing administrative assessments tied to OCTA premium activity. The organization serves three primary segments: insurance company members (BALTA, ERGO, Gjensidige, BTA, Compensa, Swedbank, If, Baltijas apdrošināšanas nams, Balcia), individual vehicle owners and drivers requiring OCTA compliance, and traffic accident victims or their relatives seeking compensation. Additional funding flows from Road Traffic Safety Board sources for public education campaigns. With 101-250 employees, LTAB operates without external investors and is governed by its member insurers through a Board structure.

Name

Latvijas Transportlīdzekļu apdrošinātāju birojs

Legal name

Biedrība "Latvijas Transportlīdzekļu apdrošinātāju birojs"

Website

https://ltab.lv

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

LTAB is the Latvian Motor Insurers' Bureau, a statutory non-profit that administers Latvia's compulsory third-party liability insurance (OCTA) system, manages the Guarantee Fund for uninsured-vehicle accidents, and operates as the national Green Card bureau for international cross-border claims.

Ownership category

akta.pro rank

Product category

Motor Insurance Administration

NAICS

Direct Property and Casualty Insurance Carriers (524126), Agencies, Brokerages, and Other Insurance Related Activities (5242), All Other Insurance Related Activities (524298)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Motor Vehicle Liability Insurance (FSAJAMAC)

akta.pro secondary industry

Claims Administration & TPA Services (FNOL, Subrogation, Litigation Mgmt) (TLABANAH)

Keywords

• Motor insurance bureau
• OCTA system administration
• Guarantee Fund management
• Green Card System
• Insurance history database

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Member Contributions to Guarantee Fund: Insurance companies that become members must make a one-time contribution of 7000 EUR to the Guarantee Fund as per Cabinet of Ministers regulations.
2. OCTA System Administration: Organization funded through mandatory contributions from OCTA system participants to cover administrative costs and guarantee fund operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Latvijas Transportlīdzekļu apdrošinātāju birojs (LTAB) administers Latvia's mandatory third-party liability motor insurance (OCTA) system as a statutory non-profit association. It manages the Guarantee Fund that compensates victims of accidents caused by uninsured vehicles, serves as Latvia's National Bureau for the international Green Card System, and operates digital services for OCTA verification, insurance history access, and harmonized accident notification.

Differentiator

Problem solved

Functional benefit

Products and services

• OCTA pārbaude (OCTA Check)

Quantifiable outcome

• 340,000 drivers saw their Bonus-Malus class increase, 211,000 saw it decrease
• +1 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

16 partnerships are on record, tiered minor, core and moderate.

• Junior Achievement LatviaminorStrategic or Co-development Partner · 14 May 2026Partner organization in the 'OCTA GenZ valodā' communication hackathon. Managing director Jānis Krievāns served as jury member.
• Olsen + PartnersminorGTM or Marketing Partner · 14 May 2026Communication agency that helped young people understand marketing and communication principles during the 'OCTA GenZ valodā' hackathon. Project manager Ance Jaks mentored participants.
• Ceļu satiksmes drošības direkcija (CSDD - Road Traffic Safety Directorate)coreStrategic or Co-development Partner · 1 May 2025Collaboration on the 'Radari' campaign to check OCTA and technical inspection validity using speed cameras. CSDD provides vehicle registration data and technical inspection information.
• Fuel Station Networks (Latvia)minorChannel Partner/ Reseller/ Distributor · 1 April 2023Partnership with fuel station chains to distribute printed harmonized notification forms. 70,000 forms distributed to fuel stations and State Police in 2023.
• BALTAcoreChannel Partner/ Reseller/ DistributorInsurance company member of the OCTA system, offering mandatory third-party liability insurance to vehicle owners in Latvia.
• ERGO LatviacoreChannel Partner/ Reseller/ DistributorInsurance company member of the OCTA system, one of the largest insurers in Latvia.
• GjensidigecoreChannel Partner/ Reseller/ DistributorInsurance company member of the OCTA system offering motor insurance products in Latvia.
• BTAcoreChannel Partner/ Reseller/ DistributorInsurance company member of the OCTA system, providing comprehensive insurance services.
• CompensacoreChannel Partner/ Reseller/ DistributorInsurance company member of the OCTA system, part of Vienna Insurance Group.
• SwedbankcoreChannel Partner/ Reseller/ DistributorBank offering OCTA insurance as part of its financial services portfolio, member of OCTA system.
• IfcoreChannel Partner/ Reseller/ DistributorInsurance company member of the OCTA system, offering motor and property insurance.
• Baltijas apdrošināšanas namscoreChannel Partner/ Reseller/ DistributorBaltic Insurance Company member of the OCTA system.
• BalciacoreChannel Partner/ Reseller/ DistributorInsurance technology company and OCTA system member, co-host of 'OCTA GenZ valodā' hackathon in 2026 to develop communication ideas for young drivers.
• Valsts ugunsdzēsības un glābšanas dienests (State Fire Fighting and Rescue Service)moderateStrategic or Co-development PartnerJoint public education campaign with LTAB in 2026 to educate drivers about OCTA compensation rights and proper actions after traffic accidents. Campaign funded from Road Traffic Safety Board funds.
• Green Card System (45 countries)coreTechnology or IntegrationInternational system of which LTAB is the Latvian National Bureau. Handles cross-border motor insurance claims between member countries including Albania, Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Lithuania, Luxembourg, Malta, Moldova, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Tunisia, Turkey, Ukraine, United Kingdom, and others.
• Valsts policija (State Police)moderateStrategic or Co-development PartnerPolice vehicles equipped with technical means to check OCTA and technical inspection validity. State Police data shows over 500 traffic accidents annually involving electric scooters.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bureau Central Français / AGIRA: French motor insurance bureau responsible for the Green Card, Guarantee Fund, and uninsured-vehicle compensation in France. Same statutory mandate as LTAB but at materially larger scale in a mature Western European market.
• Magyar Biztosítók Szövetsége (MABISZ) / Hungarian Green Card Bureau: Hungarian insurers' association that runs the country's Green Card Bureau and motor insurance coordination role. Same EU regulatory perimeter and statutory bureau function as LTAB.
• Česká kancelář pojistitelů (ČKP): Czech Insurers' Bureau operating the Czech Green Card National Bureau and Guarantee Fund for motor third-party liability. Directly comparable to LTAB in role, structure, and EU regulatory context.
• Lietuvos draudimo biuras: Lithuanian Motor Insurers' Bureau operating the same statutory role as LTAB — administering mandatory third-party liability motor insurance and the Guarantee Fund in the neighboring Baltic state. Closest functional peer given near-identical mandate and Baltic regional alignment.
• Eesti Liikluskindlustuse Fond: Estonian Traffic Insurance Foundation that runs the country's mandatory motor liability insurance and Guarantee Fund analog. Same statutory bureau role as LTAB within the Baltic trio, making it a directly comparable Green Card National Bureau.
• Ubezpieczeniowy Fundusz Gwarancyjny (UFG): Polish Motor Insurers' Guarantee Fund that administers Poland's mandatory MTPL system, Guarantee Fund for uninsured drivers, and Green Card Bureau role. Same functional mandate as LTAB at significantly larger scale.

Broad incumbents

• Council of Bureaux (CoB): International coordinating body of which LTAB (via Latvia) is a member. CoB oversees the Green Card System across 45+ countries — broader incumbent that defines the framework LTAB operates within.

Emerging players

• Balcia Insurance: Latvian Insurtech and OCTA system member that co-hosted LTAB's 'OCTA GenZ valodā' hackathon. Operates in the same Latvian motor insurance market with a more digital-native, customer-facing model.

Others

• National Insurance Crime Bureau (NICB): US industry-funded organization focused on detecting and preventing insurance fraud and uninsured-driver issues. Adjacent in mission (combating uninsured drivers / fraud) but operates as a private industry alliance rather than a statutory motor bureau.
• If P&C Insurance (Latvia): One of LTAB's member insurers offering motor and property insurance in Latvia. Comparable as a customer of LTAB's OCTA system and part of the same insurance value chain, though it underwrites rather than administers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/LTAB_OCTA
• Facebookfacebook.com/LTABOCTA

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Latvijas Transportlīdzekļu apdrošinātāju birojs