Scardian Sigurime

What Scardian Sigurime does

Scardian J.S.C., trading as Scardian Sigurime, is a privately held, 100% locally capitalized insurance company founded in 2015 and headquartered in Prishtina, Kosovo. It provides both retail and commercial insurance products, including compulsory third-party liability (CMTPL), the multi-territory TPL Kosova Plus extension, comprehensive KASKO vehicle cover, home and property packages (KOMPAKT, KOMOD, KOMPLET) with optional earthquake cover, travel health insurance, personal accident cover, and a family health product ('Mbulimi' tiers) starting at 22 EUR per month. The business segment, Biznes Scardian, adds workers' accident, property, guarantee bonds, liability, cash-in-safe/cash-in-transit, cargo, and CAR/EAR construction insurance.

Distribution is hybrid: 38 physical sales points span every municipality of Kosovo for in-person service, while KASKO, property, and travel health policies can be quoted and purchased online in under five minutes. Embedded travel insurance is sold through a partnership with Wizz Air at the point of airline booking, and corporate clients are served through dedicated agents who arrange custom quotes. Underwriting capacity is supported by a reinsurance relationship with SCOR, while 24/7 medical assistance for travel policyholders is provided through CORIS International.

Revenue is generated almost entirely through recurring insurance premiums across personal and commercial lines, with pricing varying by coverage type, insured value, family size for health products, coverage zone, and trip duration for travel. The company has accumulated multiple regional industry recognitions (Best Insurance Company in Kosovo from Finance Central Europe and Finance Monthly Magazine across 2021/22, 2022, and 2023) and claims to be the only Kosovo insurer offering KASKO regardless of vehicle value or age, plus online sales of KASKO, property, and travel health.

Name

Scardian Sigurime

Legal name

Scardian J.S.C.

Website

https://scardian.com

Company type

Private

Founded year

2015

Operating status

Operating

Short description

Scardian Sigurime is a Pristina-based, locally capitalized insurer offering auto (CMTPL, KASKO), property, travel health, family health, personal accident, and commercial lines to individuals and businesses across Kosovo, distributed through 38 municipal sales points, online channels, and a Wizz Air embedded travel insurance partnership.

Ownership category

akta.pro rank

Product category

Insurance Services

NAICS

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

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399), Surety Insurance (6351), Accident & Health Insurance (6321)

akta.pro industry

PRIMARYFSAJAMAN

Travel & Accident (Non-Life) Insurance

Financial & Insurance/Insurance — Motor, Property & Casualty/Motor Vehicle Liability Insurance

SECONDARYFSAJADAA

Commercial General Liability (CGL)

Financial & Insurance/Insurance — Motor, Property & Casualty/General Liability Insurance

SECONDARYFSAJAHAH

Protection & Indemnity (P&I) / Marine Liability Insurance

Financial & Insurance/Insurance — Motor, Property & Casualty/Marine & Aviation Insurance

SECONDARYFSAJAEAF

Workers’ Compensation for High-Hazard & Specialty Trades

Financial & Insurance/Insurance — Motor, Property & Casualty/Workers’ Compensation Insurance

Keywords

• Motor vehicle insurance
• Property insurance
• Travel health insurance
• Business insurance
• Personal accident insurance

Headquarters

HQ city

Prishtinë

HQ country

XKX

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Motor Vehicle Insurance: Compulsory Third-Party Liability (CMTPL/TPL), TPL Kosova Plus (extending coverage to North Macedonia, Serbia, and Montenegro), and KASKO comprehensive vehicle insurance. KASKO covers accidental damage, glass breakage, theft, natural disasters, fire, parking damage, robbery, civil unrest, and vandalism.
2. Property Insurance: Home and property insurance covering fire, lightning, explosion, vehicle impact, falling trees, storms, theft with break-in, public liability, personal accidents. Optional earthquake coverage. Available in KOMPAKT, KOMOD, and KOMPLET packages.
3. Travel Health Insurance: Health insurance for travel covering Southeast Europe, Turkey, Schengen Zone, or worldwide (excluding USA, Canada, Japan). Covers medical expenses, emergency hospitalization, repatriation, and personal accidents. Offered with 24/7 assistance through partner CORIS International.
4. Personal Accident Insurance: Individual and group personal accident insurance covering accidental death, permanent disability, temporary disability with daily compensation (up to 200 days), medical expenses for injuries. Group average price approximately 15 euros per year with coverage up to 17,000 euros.
5. Family Health Insurance: Family health insurance starting from 22 euros per month, providing 100% compensation for hospital stays up to 50,000 euros. Covers hospital treatments, ambulance services, outpatient treatments, maternity care, dental, optical (glasses), hearing aids, and psychiatric treatment. Includes complimentary personal accident coverage.
6. Business/Commercial Insurance: Business insurance including motor liability, workers accident insurance, property from fire and additional risks, guarantee insurance (bid bond, performance bond, retention bond, advance payment bond), liability insurance (general, public, product, professional), cash in safe and in transit (CIS/CIT), cargo/marine insurance, and CAR/EAR insurance.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Scardian Sigurime is a Kosovo-based insurance company selling a broad portfolio of general insurance products directly to individual consumers and businesses. Its core offerings include mandatory third-party motor liability (CMTPL), enhanced TPL Kosova Plus, comprehensive KASKO vehicle insurance, home/property insurance in tiered packages, travel health insurance, personal accident cover, family health insurance, and a full Biznes Scardian commercial line covering workers accident, property fire, guarantees, liability, cash, cargo, and CAR/EAR risks.

Product overview

Scardian Sigurime is an insurance company based in Kosovo offering a comprehensive portfolio of insurance products for individuals and businesses. The product lineup is organized into two main segments: Individual products (AUTO, HOME/PROPERTY, TRAVEL, ACCIDENTS, HEALTH) and Business products (AUTO, ACCIDENTS, PROPERTY, GUARANTEES, LIABILITIES, CASH, CARGO, CAR/EAR). Key individual products include mandatory CMTPL, TPL Kosova Plus, KASKO comprehensive vehicle insurance, home/property insurance (with earthquake option), travel health insurance (partnered with CORIS International), personal accident insurance, and family health insurance. Business offerings extend to workers accident insurance, property fire insurance, guarantee bonds (bid, contract, retention, advance payment), liability coverage (general, public, product, professional), cash insurance (CIS/CIT), cargo insurance, and CAR/EAR construction insurance. The company also offers digital distribution through Wizz Air integration and online purchasing for KASKO, property, and travel insurance. Unique market differentiators include KASKO coverage regardless of vehicle value or age, home insurance regardless of property size, and 5-minute quote offers.

Differentiator

Problem solved

Functional benefit

Products and services

• Sigurimi i detyrueshëm i automjetit - CMTPL (Mandatory Compulsory Motor Third-Party Liability) Mandatory third-party liability insurance required for vehicle registration in Kosovo, covering damages caused to third parties.
• Sigurimi TPL Kosova Plus Enhanced motor liability insurance extending coverage to North Macedonia, Serbia, and Montenegro in addition to Kosovo.
• Sigurimi i Automjetit KASKO Comprehensive vehicle insurance covering accidental damage, glass breakage, theft, natural disasters, fire, parking damage, robbery, demonstrations, vandalism, with optional Europe coverage extension. Available for any vehicle regardless of value or age.
• Sigurimi i shtëpisë dhe pronës (Home and Property Insurance) Home and property insurance covering fire, lightning, explosion, vehicle impact, falling trees, storms, theft with break-in, public liability, personal accidents, and optional earthquake coverage, offered in KOMPAKT, KOMOD, and KOMPLET packages.
• Sigurimi i shëndetit në udhëtim (Travel Health Insurance) Travel health insurance covering medical expenses, repatriation costs, and personal accidents for travelers across multiple coverage zones with 24/7 assistance through partner CORIS International.
• Sigurimi nga aksidentet personale (Personal Accident Insurance) Personal accident insurance covering daily compensation for temporary disability (up to 200 days), medical expenses, accidental death, and permanent disability, with coverage in Kosovo and up to 180 days abroad.
• Sigurimi i Shëndetit Familjar (Family Health Insurance) Family health insurance starting from 22 EUR/month with 100% hospital coverage up to 50,000 EUR, offered in Mbulimi 1/2/3 packages covering hospital treatments, ambulance, outpatient, maternity, dental, optical, hearing aids, psychiatric care, and complimentary personal accident.
• Sigurimi i punetorëve nga Aksidentet Personale (Workers Personal Accident Insurance) Personal accident insurance covering employees of business clients against workplace and travel accidents.
• Sigurimi i Pronës nga Zjarri dhe Rreziqet Shtesë (Business Property Fire & Additional Risks Insurance) Business property insurance covering fire, lightning, storms, hail, landslides, water damage, theft, civil unrest, snow weight, and intentional acts.
• Sigurimi i Garancive (Guarantee/Bond Insurance) Guarantee/bond insurance including Bid Bond, Contract/Performance Guarantee, Retention Guarantee, and Advance Payment Guarantee for businesses.
• Sigurimi i Përgjegjësive (Liability Insurance) Liability insurance including General Liability, Public Liability, Product Liability, and Professional Liability for businesses.
• Sigurimi i Parave - CIS & CIT (Cash in Safe & Cash in Transit Insurance) Cash in Safe (CIS) and Cash in Transit (CIT) insurance protecting business cash assets on premises and during transport.
• Sigurimi i Mallërave - Kargo (Cargo/Marine Insurance) Cargo/goods in transit insurance covering merchandise during shipping for business clients.
• Sigurimi CAR & EAR (Construction All Risks & Erection All Risks) Contractor's All Risks (CAR) and Erection All Risks (EAR) insurance for construction and installation projects.
• Wizz Air Embedded Travel Insurance Distribution Travel insurance available for purchase directly through Wizz Air's booking and boarding pass platform, enabling seamless insurance procurement during travel planning.

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• Wizz AircoreGTM or Marketing Partner · 8 May 2026Strategic partnership integrating Scardian travel insurance directly into Wizz Air's boarding pass and ticket booking process. Passengers traveling from Kosovo can now purchase travel insurance seamlessly during flight booking, making insurance a natural part of travel planning.
• SwisscontactcoreStrategic or Co-development Partner · 17 March 2026Partnership under the Matching Skills to Jobs (MSJ) project for leadership development and professional capacity building. Includes a personalized Leadership Development Programme implemented with Cegos Group, targeting managerial skills, leadership at all levels, strategic decision-making, and operational effectiveness.
• Cegos GroupsupportingImplementation/ SI/ Consulting Partner · 17 March 2026International training and professional development provider delivering the Leadership Development Programme for Scardian in partnership with Swisscontact. Provides modern approach and highest international standards for management and professional development.
• CORIS InternationalcoreTechnology or IntegrationInternational assistance partner providing 24/7 medical assistance and information services abroad for travel insurance policyholders. CORIS coordinates emergency medical services, hospital contacts, and repatriation services for Scardian travel insurance customers.
• SCORcoreOthersInternational reinsurer providing risk transfer and financial protection for Scardian's insurance portfolio, particularly for business property insurance (Prona Biznes).
• Fundway GroupcoreOthersParent company/group that Scardian is part of, contributing to organizational culture emphasizing investment in young talent, professional development, and innovation in the insurance industry.
• Kosovo Economic ChambersupportingOthersKosovo's economic chamber that recognized Scardian with the Taxpayer of the Year 2021 award and organizes business recognition events.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• UNIQA Insurance Group: UNIQA is a major Central European insurer with Kosovo exposure (via Sigal). It represents a broad incumbent competitor with deep capital and broader product lines for large enterprise and cross-border risks.
• Triglav Insurance (Triglav Group): Triglav Group is a large Slovenian-headquartered multi-line insurer with Western Balkans operations. It is a regional incumbent offering broader portfolio coverage and competes for larger commercial accounts in Kosovo and the region.
• Generali (Western Balkans): Generali operates across the Western Balkans through local subsidiaries, offering motor, property, and commercial insurance at scale. It is a broader international incumbent competing for Kosovo's larger accounts.

Direct peers

• Sigma Interalbanian Insurance: Sigma is one of the leading insurance carriers in Albania, with similar multi-line P&C product offerings and online distribution. It is a direct competitor for cross-border business and embedded partnerships.
• AT Sigurime (Insig Group): AT Sigurime is part of the Insig Group operating in Albania and Kosovo, offering motor, property, and health insurance products comparable to Scardian's portfolio.
• Elsig (Elbasan Insurance) — Kosova branch / Elsig Group: Elsig operates across Albania and Kosovo, providing motor, property, and commercial insurance lines with overlapping target customers. It is a direct regional competitor to Scardian's full product portfolio.
• Illyria Insurance: Illyria Insurance is a long-established multi-line insurer in Kosovo offering motor, property, and personal insurance through both online and physical channels. It is one of Scardian's closest domestic competitors.
• Dukagjini Sigurime: Dukagjini is a diversified financial services group in Kosovo and Albania offering insurance and banking products. It competes directly with Scardian in retail and commercial insurance lines.
• Sigal Life & Sigal Kosovo (UNIQA Group): Sigal is one of the largest multi-line insurance carriers in Kosovo, offering motor, property, health, and life insurance with similar distribution to Scardian. Both compete head-to-head across retail and corporate lines in the Kosovo market.

Others

• CORIS International: CORIS is a global travel assistance provider that partners with Scardian for travel insurance 24/7 medical assistance. It is an enabling partner rather than a competitor, supporting Scardian's international travel claims service.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ScardianSigurime
• LinkedInlinkedin.com/company/scardian-sigurime
• Instagraminstagram.com/scardiansigurime

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Scardian Sigurime