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Company History

Company History

LLC Insurance Company Credit Europe Life was registered on March 28, 2007, the sole participant of the company is JSC Credit Europe Bank.

LLC Insurance Company Credit Europe Life, being a subsidiary of JSC Credit Europe Bank, is part of the International Financial Group FIBA Group, which has been actively developing its activities over the past 35 years in all areas of the financial market, including insurance.

FIBA Group was founded in 1987 and today operates in Switzerland, Holland, Germany, Russia, Turkey, Malta, Romania, Ukraine, China and elsewhere. FIBA Group operates in the financial (banks, leasing, factoring, insurance, asset management) and non-financial sectors (aviation, retail, real estate, shipbuilding and port management, foreign language school). The Russian representative office of FIBA Group began operating in Moscow in 1994.

On February 28, 2008, Credit Europe Life Insurance Company LLC received license No. 4117 77 from the Federal Insurance Supervision Service, which gives the company the right to insure against accidents and illnesses, including life-threatening illnesses.

History and events in the company

1987
FIBA Group was founded in 1987 by Husnu Ozyegin and today is the largest and most active player in the international market. FIBA Group's activities are represented in the financial (banking, leasing, factoring, insurance, asset management) and non-financial sectors (aviation, retail, real estate, shipbuilding and port management).

2007
LLC "Insurance Company "Credit Europe Life" is registered.

2008
Obtaining a license to carry out insurance. Start of sales in branches of JSC "Credit Europe Bank".

2009
The first maximum payment to an individual under a boxed product in the amount of 2,000,000 rubles.

2010
Start of cooperation with leading car dealers in Moscow and other regions.

2010
Launch of life insurance products.

2010
Purchase of software from the Belgian company BSB (Business Solutions Builders), allowing for full automation of the company's operations.

2012
The largest payment to an individual under a mortgage insurance policy was made in the amount of 2,183,560 rubles.

2012
Beginning of cooperation with banks OJSC "BPF" and JSC Bank "Zapadny".

2013
Beginning of cooperation with OJSC "YUG Investbank".

2013
Start of cooperation with tour operator Coral Travel. Accident insurance for tour operator employees working abroad.

2016
Start of work on the open market of Russia with individuals and legal entities under Accident and Illness insurance programs.

2019
Launch of VZR insurance programs.

2019
Start of work on Voluntary Medical Insurance (VMI) for legal entities.

2020
The VZR insurance program includes coverage for COVID-19.

2021
Voluntary renunciation of the Central Bank License for voluntary life insurance SZh No. 4117.

2021
Launch of modern Voluntary Health Insurance programs for individuals.

2021
Start of sales of group insurance programs for children during their stay in holiday camps, sanatoriums and boarding houses around the world.


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