Insurer profile
Colonnade Insurance S.A. Hungarian Branch
Colonnade Insurance S.A. Hungarian Branch · Hungary
Overview
Colonnade Insurance S.A. is a Luxembourg-based non-life insurer, fully owned by Canada's Fairfax Financial Holdings, operating in Hungary as a branch since 2016 following the takeover of QBE's and later AIG's local branch operations; it offers property, liability, accident and travel insurance for retail and corporate clients.
Source22
Products in this market
1
Offer pages
Company details
- Parent group
- Fairfax Financial Holdings Limited
- Regulator
- Magyar Nemzeti Bank (Central Bank of Hungary); parent company regulated by Commissariat aux Assurances (Luxembourg)
- Phone
- +36 1 460 1400
- [email protected]
Products from Colonnade Insurance S.A. Hungarian Branch
Property
Colonnade Sweet Home Insurance
Flexible home insurance for houses, weekend homes, second properties and rentals with up to 30 optional supplementary covers.
Certified Consumer-Friendly Home Insurance (MFO)
Standardized home insurance product certified by the Hungarian National Bank as consumer-friendly.
Corporate Property Insurance
Range of corporate property insurance solutions for businesses, including All Risk cover.
All Risk Machinery Breakdown & Business Interruption Insurance
Cover for costs arising from internal or external machinery breakdown and resulting business interruption, sold alongside All Risk property cover.
Hotel Insurance
Complex, custom-developed insurance for hospitality/accommodation businesses covering property and liability needs.
Terrorism Property & Business Interruption Insurance
Extension of property insurance cover to include losses arising from terrorism, normally excluded from standard property policies.
Health
Liability
General Liability Insurance
Basic corporate liability cover for personal injury and property damage caused to third parties during business operations.
Product Liability Insurance
Cover for personal injury or property damage caused to third parties by the insured's product.
Tenant's Liability Insurance
Liability cover for businesses renting property, for damages caused in their capacity as tenant, combined with general liability insurance.
Landlord's Liability Insurance
Liability cover for property-leasing businesses, for damages caused in their capacity as landlord, alongside general liability insurance.
Environmental Pollution Liability Insurance
Cover for compensation of personal injury or property damage caused by environmental pollution, added to general liability insurance.
Garage Liability Insurance
Cover for damage to vehicles or similar assets stored in a garage operated by the insured, combined with general liability insurance.
Directors and Officers Liability Insurance (D&O)
Covers claims made against directors and officers for wrongful decisions causing financial loss.
Contractor's and Designer's Liability Insurance
Liability insurance for construction contractors, designers and engineers to meet legal compliance requirements in the construction sector.
Travel
ATLASZ Direct Travel Insurance
Retail travel insurance providing worldwide medical, accident and assistance cover for holiday and business trips.
Group Travel Insurance (BTA)
Frame-day group business travel insurance developed for companies sending employees abroad.
Colonnade World Business Travel Insurance
Exclusive named travel accident and health insurance pass for business or private travellers, available in 3 versions.
Driver's Travel Insurance Pass
License-plate based travel insurance pass designed for professional drivers, with 3 coverage variants.
Regulatory updates
In February 2021, the Hungarian National Bank (MNB) notified Colonnade that its home insurance product qualified for the 'Minősített Fogyasztóbarát Otthonbiztosítás' (Certified Consumer-Friendly Home Insurance) label, the first branch insurer to receive it. In January 2025, AM Best reaffirmed Colonnade Insurance S.A.'s Financial Strength Rating of A- (Excellent) with a stable outlook. In 2024 Colonnade Hungary received the 'Családbarát Munkahely' (Family-Friendly Workplace) certification, and in September 2025 it issued a notice regarding the insolvency of travel partner UNITRAVEL Kft.
Reputation and reviews
Offer pages
Travel insurance
travel insurance from ATLASZ Direct for the Hungary market, with online purchase and 24/7 assistance.
Last verified Aug 27, 2026