Insurer profile

Joint Stock Insurance Company OZK-Insurance AD

OZK · Bulgaria

Founded 1996Sofia, BulgariaLast verified Jul 21, 2026

Overview

OZK-Insurance AD (formerly Municipal Insurance Company AD) is one of the first licensed non-life insurers in Bulgaria, founded on 27 December 1996 with Sofia Municipality as majority shareholder. Privatised in 2008, it is now majority-owned by Bulgarian businessman Hristo Kovachki through EL EM IMPEX. The company holds licences for 12 classes of general non-life insurance and operates over 70 locations nationwide including 13 claims centres.

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Company details

Parent group: ЕЛ ЕМ ИМПЕКС
Regulator: Financial Supervision Commission (FSC)
Phone: +35929813122
Email: [email protected]

Official website

Products from Joint Stock Insurance Company OZK-Insurance AD

Motor

Motor Third Party Liability Insurance

Mandatory third-party liability insurance for all registered motor vehicle owners in Bulgaria covering bodily injury, death, and property damage to third parties.

Motor Casco Insurance for Road Vehicles

Voluntary comprehensive insurance for road motor vehicles covering damage, theft, and total loss.

Voluntary Personal Accident of Passengers in Motor Vehicles

Voluntary accident insurance covering the driver and all passengers in a motor vehicle against injuries or death caused by road accidents.

Personal Accident Insurance of Passengers in Public Transport

Accident insurance covering passengers in public transport vehicles against injury or death.

Property

Affordable Home Security Combined Insurance

Combined home insurance with three coverage levels (Standard, Peace of Mind, Security) for homeowners and tenants, requiring no initial inspection.

Residential and Home Contents Insurance on First Risk Basis

Insurance of residential properties and home contents against fire, natural perils, and other risks on a first-risk basis.

Fire and Allied Perils Insurance

Insurance of movable and immovable commercial or industrial property against fire, explosion, and natural disasters.

Property Damage Insurance

All-risk property damage insurance covering movable and immovable assets beyond standard fire perils.

Industrial Fire Insurance of Industrial and Commercial Premises

Specialised fire and allied perils insurance for industrial and commercial premises.

Construction Machinery and Equipment Insurance

Insurance of construction machines and equipment against accidental damage, breakdown, and loss.

Crop Insurance

Insurance of agricultural crops against hail, fire, frost, flooding, and other natural perils.

Livestock, Poultry and Beehives Insurance

Insurance of farm animals, poultry, and bee colonies against death, illness, and accidents.

Health

Personal Accident Insurance

General personal accident insurance covering death, permanent disability, and medical expenses resulting from accidents.

Occupational Accident and Disease Insurance

Accident insurance that also covers occupational diseases and workplace injuries.

Student Accident Insurance

Accident insurance specifically designed for students covering injuries sustained during educational activities.

Tourist Accident Insurance for Hotel Guests in Bulgaria

Accident insurance covering Bulgarian and foreign tourists staying in hotels and other tourist facilities on the territory of Bulgaria.

Liability

Public Liability Insurance for Legal Entities

General third-party liability insurance for legal entities covering bodily injury and property damage caused to third parties.

Employer Liability Insurance

Liability insurance protecting employers against claims by employees for work-related injuries or illnesses.

Product Liability Insurance

Liability insurance covering amounts the insured is legally obligated to pay for damage to third parties caused by a product it produced, supplied, or placed on the market.

Directors and Officers Liability Insurance

Liability insurance for directors and officers against claims arising from their managerial decisions and actions.

Hunter Liability Insurance

Liability insurance for hunters covering damage caused to third parties during hunting activities.

Tour Operator Liability Insurance

Liability insurance for tour operators covering their legal liability to tourists for damages arising from tour organisation.

Professional Liability Insurance

Professional indemnity insurance for lawyers, doctors, hoteliers, brokers, architects, and other professionals against claims of negligence or errors in professional practice.

Carrier Liability Insurance (CMR)

Liability insurance for road carriers covering their legal liability for loss or damage to goods in transit under the CMR convention.

Travel

Medical Insurance for Foreigners in Bulgaria

Medical insurance for foreign nationals in Bulgaria covering medical expenses and emergency assistance.

Travel Assistance Insurance Abroad

Travel assistance insurance for trips abroad available as single-trip or multi-trip annual policies, covering medical expenses and emergency assistance.

Financial

Accident Insurance for Borrowers

Accident insurance protecting borrowers against inability to repay loans due to injury or death.

Goods in Transit Cargo Insurance

Insurance of goods and cargo during transport against loss, damage, and theft, available as a single shipment or annual subscription policy.

Guarantees Insurance

Insurance providing financial guarantees for contractual obligations including performance bonds and bid bonds.

Miscellaneous Financial Losses Insurance

Insurance against various financial losses including employment-related risks and income insufficiency.

Regulatory updates

OZK-Insurance remains an active licensed non-life insurer under FSC supervision with insurer code BG-23. In 2024 the FSC approved management changes at the company. In 2026 the company successfully completed ISO 45001:2018 certification for occupational health and safety management. The forthcoming Bulgarian euro adoption (EU Council decision of 08 July 2025) requires the company to communicate currency conversion information to policyholders.