Insurer profile
Balcia Insurance SE
Balcia Insurance SE is a Latvia-based internationally recognised non-life insurance company, founded in 1993, offering motor, property, travel, accident and liability insurance products via an online subscription model across Latvia and several other European markets.
Source- Legal entity
- Balcia Insurance SE
- Headquarters
- Riga, Latvia
- Parent group
- Vienna Insurance Group (VIG)
- Regulator
- Financial and Capital Market Commission (FKTK) / Latvijas Banka (Bank of Latvia) – Financial and Capital Market Supervision Department
- Phone
- +371 20682222
- balcia@balcia.lv
- Last verified
- May 1, 2026
Products from Balcia Insurance SE
motor
MTPL Insurance (OCTA)
Compulsory motor third-party liability insurance (OCTA) for cars, motorcycles and electric scooters registered in Latvia.
motor
CASCO Insurance
Comprehensive motor vehicle insurance (CASCO) covering damage, theft and other risks to the insured vehicle.
property
Home Insurance
Home property insurance protecting against damage to the dwelling and its contents from fire, water damage, theft and other perils.
travel
Travel Insurance
Travel insurance covering medical expenses, baggage loss, trip cancellation and other travel-related risks when travelling abroad.
health
Accident Insurance
Personal accident insurance providing compensation for injuries, hospitalisation, critical illness and medical expenses resulting from accidents.
health
Extreme Insurance
Accident insurance designed specifically for extreme sports and high-risk activities, covering injuries sustained during such activities.
liability
Civil Liability Insurance
General civil liability insurance covering accidental damage or injury caused to third parties by the insured or their family members in everyday life.
health
Junior Insurance
Accident insurance for children covering injuries, sports activities and associated medical costs.
motor
City Combo Insurance
Combined insurance for bicycles, e-scooters and other urban mobility vehicles covering theft, damage and civil liability.
other
City Combo Insurance
Combined insurance for urban mobility covering bicycles, scooters and similar vehicles against accidents, theft and third-party liability.
Regulatory updates
Balcia Insurance SE holds multiple non-life insurance licences issued by the Latvian regulator (FKTK, now under Latvijas Banka), covering motor third-party liability, motor vehicle hull, accident, travel, property, fire, general liability and other non-life classes. The company is listed as an active licensed non-life insurer on the Latvijas Banka supervisory register. Quarterly and annual reports are prepared in accordance with Latvian Financial and Capital Market Commission regulations and IFRS, and are audited by KPMG.
Reputation and reviews
4.8
16 reviews
Score of 4.8 from 16 reviewers sourced from an aggregator listing (insurancesenearme.com) referencing the Balcia Insurance SE office at Krišjāņa Valdemāra iela 63, Rīga — the confirmed headquarters address. A direct confirmed Google Maps profile URL for the Latvia entity could not be verified.