olympic insurance
Olympic Insurance is a Nicosia, Cyprus-based private general insurance carrier founded in 1995, offering motor, personal accident, professional liability, and travel coverage to customers in the Cypriot and broader EEA market.
- Company typePrivate
- Founded1995
- HeadquartersNicosia, Cyprus
- Headcount—
- GTM typeB2C
- OfferingServices
What olympic insurance does
Olympic Insurance is a private, for-profit general insurance carrier headquartered in Nicosia, Cyprus. The company was founded in 1995 and operates under the domain olympicins.eu, indicating a Cyprus/EEA-oriented footprint. Its stated product set covers four general insurance lines: motor, personal accident, professional liability, and travel coverage. No further product segmentation, underwriting philosophy, or reinsurance arrangements are disclosed in the available material.
The business model follows standard general-insurance mechanics: policyholders pay premiums in exchange for risk transfer across the four product lines, with the carrier retaining underwriting risk and earning the spread between premiums collected and claims paid, supplemented by investment income on float. Distribution channels, pricing tiers, broker vs. direct mix, and commission structures are not described in the supplied data. The European domain and Nicosia base suggest servicing both Cypriot residents and broader EEA clients, potentially via Freedom of Services / Freedom of Establishment passports common to Cyprus-domiciled insurers, but this is not explicitly confirmed.
No information is available on capital base, Solvency II ratio, premium volume, headcount, technology stack, leadership, M&A activity, or external funding. The supplied source material was limited to a verification loading page, so the description above reflects only what is explicitly stated; deeper operational, financial, and strategic detail is not in evidence.
olympic insurance firmographics
Firmographics- Name
- olympic insurance
- Website
- https://olympicins.eu
- Company type
- Private
- Founded year
- 1995
- Short description
- Olympic Insurance is a Nicosia, Cyprus-based private general insurance carrier founded in 1995, offering motor, personal accident, professional liability, and travel coverage to customers in the Cypriot and broader EEA market.
- Ownership category
- akta.pro rank
olympic insurance industry classification
Industry- Product category
- General Insurance
- NAICS
- Insurance Carriers and Related Activities (524), Insurance Carriers (5241), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Personal Accident Insurance (Injury, Disability & Income Benefit) (FSAJAJAD)
- akta.pro secondary industries
- Baggage & Personal Effects Insurance (FSAJAJAE), Travel & Accident (Non-Life) Insurance (FSAJAMAN)
Keywords
Where olympic insurance is headquartered
LocationHeadquarters
- HQ city
- Nicosia
- HQ country
- Cyprus
- HQ region
- Europe
Markets served
olympic insurance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
olympic insurance product offering
Product offeringCore offering
Olympic Insurance provides general insurance products to individuals and businesses in Cyprus. The company underwrites and distributes coverage across motor, accident, professional liability, and travel lines, operating from its base in Nicosia. It sells standard insurance policies directly to customers seeking personal or commercial risk protection.
Differentiator
Problem solved
Functional benefit
Products and services
- Motor Insurance Insurance coverage for motor vehicles, providing protection against road risks and related liabilities for vehicle owners.
- Accident Insurance Coverage for individuals against accidental injury or death, providing financial protection in case of accidents.
- Professional Liability Insurance Coverage designed for professionals against claims arising from errors, omissions, or negligence in the course of their professional duties.
- Travel Insurance Coverage for travelers against trip-related risks including cancellations, medical emergencies, and lost baggage.
Companies that use olympic insurance
Customer profileIdeal customer profiles1 record
olympic insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
olympic insurance competitors and assessment
Company assessmentDirect peers
- CNP Cyprus Insurance Holdings: One of the largest insurance carriers in Cyprus, offering life and general insurance products. Highly comparable as a domestic peer competing for the same Cypriot policyholders across similar lines.
- Hiscox: Specialty insurer with strong professional liability and specialty lines focus. Comparable as a direct peer in the professional liability segment of Olympic's portfolio.
- Direct Line Group: UK-focused motor and general insurance carrier. Comparable as a direct peer in the motor insurance line, illustrating distribution and underwriting models for personal lines P&C.
Broad incumbents
- Allianz: Global P&C and life insurance giant with broad European presence. Comparable as a broad incumbent offering overlapping motor, accident, travel, and liability products across European markets.
- AXA: Major European-headquartered multi-line insurer with strong P&C franchise. Comparable as a broad incumbent covering motor, liability, accident, and travel insurance at scale.
- Chubb: Global specialty P&C insurer with strong accident, professional liability, and travel lines. Comparable as a broad incumbent with overlapping product mix.
- AIG: Large global P&C and specialty insurer with travel accident and liability lines. Comparable as a broad incumbent with overlapping accident, travel, and liability products.
- Generali: Major European insurer with broad P&C presence including motor, accident, and travel. Comparable as a broad incumbent across multiple product lines Olympic Insurance operates in.
Regional players
- Ethniki Insurance (Cyprus): Regional insurance group with strong Cypriot/Greek market presence. Comparable as a regional peer operating in the same geographic footprint with overlapping general insurance products.
- Universal Insurance Holdings (Cyprus): Cyprus-domiciled insurance provider serving the local general insurance market. Comparable as a regional peer competing directly in the Cypriot insurance market with similar product lines.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
olympic insurance social profiles
Digital presenceolympic insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
olympic insurance leadership team
Management profileNumber of profiles
olympic insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
olympic insurance 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 olympic insurance
What does olympic insurance do?
Olympic Insurance provides general insurance products to individuals and businesses in Cyprus. The company underwrites and distributes coverage across motor, accident, professional liability, and travel lines, operating from its base in Nicosia. It sells standard insurance policies directly to customers seeking personal or commercial risk protection.
When was olympic insurance founded?
olympic insurance was founded in 1995.
Where is olympic insurance based?
olympic insurance is headquartered in Nicosia, Cyprus, in the Europe region.
Who are olympic insurance's main competitors?
Direct peers on record are CNP Cyprus Insurance Holdings, Hiscox and Direct Line Group. Broad incumbents are Allianz, AXA, Chubb, AIG and Generali. Regional players are Ethniki Insurance (Cyprus) and Universal Insurance Holdings (Cyprus).
Does olympic insurance have an API?
No public API is recorded for olympic insurance.
What industry is olympic insurance in?
olympic insurance's product category is General Insurance. Its primary akta.pro industry code is FSAJAJAD, Personal Accident Insurance (Injury, Disability & Income Benefit), with a secondary code of FSAJAJAE, Baggage & Personal Effects Insurance. Its NAICS code is 524 and its SIC code is 6331.