Insurer profile
Modra zavarovalnica, d.d.
Modra zavarovalnica is Slovenia's leading provider of supplementary pension insurance, managing four pension funds and a guarantee fund (Modra renta) for over 315,000 savers and 2,200 employers. Founded in 2011 by spin-off from Kapitalska družba, it is fully state-owned and also offers accident insurance and, as agent, legal protection and travel insurance.
Source- Legal entity
- Modra zavarovalnica, d.d.
- Headquarters
- Ljubljana, Slovenia
- Parent group
- Kapitalska družba pokojninskega in invalidskega zavarovanja, d.d.
- Regulator
- Insurance Supervision Agency (Agencija za zavarovalni nadzor – AZN); fund operations additionally monitored by the Securities Market Agency (ATVP) and custodian bank
- Phone
- +386 80 23 45
- info@modra.si
- Founded
- 2011
- Last verified
- May 21, 2026
Products from Modra zavarovalnica, d.d.
life
Modra Life-Cycle Pension Fund (MKPS) – Supplementary Pension Insurance (Private Sector)
A life-cycle supplementary pension fund for private-sector employees and the self-employed, consisting of dynamic, prudent and guaranteed sub-funds that adjust to the saver's age.
life
Pension Fund for Civil Servants (KPSJU) – Supplementary Pension Insurance (Public Sector)
A life-cycle pension fund for public-sector employees, consisting of dynamic, prudent and guaranteed sub-funds; enrolment is automatic by law for civil servants.
life
Capital Mutual Pension Fund (KVPS) – Guaranteed Pension Fund
A guaranteed mutual pension fund originally transferred from Kapitalska družba, offering capital-guaranteed supplementary pension saving.
life
First Pension Fund (PPS) – Closed Pension Fund
A closed mutual pension fund originally funded via pension bond exchanges; no new contributions or enrolments have been possible since 1 January 2003.
life
Modra Renta – Pension Annuity Guarantee Fund
A guarantee fund from which pension annuities are paid for life after retirement, with a guaranteed technical interest rate for the duration of the annuity.
health
Individual Accidental Death Insurance
Individual accident insurance covering the risk of accidental death, available directly from Modra zavarovalnica.
health
Collective Accident Insurance
Group accident insurance offered to employers whose employees are enrolled in the MKPS collective supplementary pension fund.
liability
Legal Protection Insurance (via ARAG)
Legal protection insurance distributed by Modra as agent for ARAG SE, covering legal and court costs in personal, employment, family, property and traffic disputes.
travel
Travel Insurance Abroad (via Vzajemna)
Travel insurance for trips abroad distributed by Modra as agent for partner insurer Vzajemna, covering emergency medical costs, transport, and 24-hour assistance worldwide.
Regulatory updates
Modra zavarovalnica operates under strict supervision of the Insurance Supervision Agency (AZN) and holds authorisation for life insurance and accident insurance activities. As of 2025, AZN continues supervisory focus on product transparency and digital resilience under the DORA regulation. The AZN also called for greater awareness and individualisation of supplementary pension offerings, emphasising the growing importance of voluntary pension saving amid demographic change. Modra's public information catalogue was last updated on 1 January 2025.