Cyprus Insurance Companies

An insurance company’s rates can be persuasive when choosing which contract to purchase, but several factors set one insurance company apart from another.

We examined the factors determining the best insurers in Cyprus by surveying our clients. We assessed an insurer’s affordability, product ranges, claim management, and customer satisfaction.

The results are analytically presented throughout this guide.

Table of contents

  • Best Cyprus insurance companies
  • Best Cyprus car insurance companies
  • List of Cyprus insurance companies
  • Cyprus insurance companies
  • Cyprus best insurance company

Best Cyprus insurance companies

Name Claim Management Price Customer Satisfaction Variety of Products Overall Score
Pitsas Insurance 10 9 10 9 9.5
Allianz 10 7 10 9 9
Atlantic Insurance 9 9 10 7 8.75
Abbeygate Insurance 8 9 9 8 8.5
AIG 10 8 10 6 8.5
Altius Insurance 8 8 8 9 8.25
Ethniki Insurance 8 8 8 9 8.25
Prime Insurance 8 7 8 9 8
Cyprialife 9 9 8 6 8
MetLife Insurance 9 8 9 6 8
Lumen Insurance 9 8 8 7 8
Eurolife Insurance 9 9 8 6 8
Aetna Insurance 10 6 10 6 8
CNP Asfalistiki 9 8 8 6 7.75
General Insurance 9 8 8 6 7.75
Minerva 8 8 8 7 7.75
Progressive Insurance  8 8 8 7 7.75
Royal Crown Insurance 8 8 8 7 7.75
Ydrogeios 8 8 8 7 7.75
Bupa Insurance 10 5 10 6 7.75
Hydra 7 8 8 7 7.5
Hellas Direct 8 8 9 5 7.5
Commercial Insurance 8 8 7 7 7.5
Cosmos Insurance 7 8 8 7 7.5
Eurosure 7 8 8 7 7.5
SoEasy Insurance 8 7 7 8 7.5
Trust Insurance 7 9 7 7 7.5
KLPP Insurance 9 7 8 6 7.5
Universal Life 8 9 7 6 7.5
Arch Insurance 9 7 8 6 7.5
Top Quotes 7 8 8 7 7.5
Gan Direct 6 10 6 6 7
Anytime Insurance 6 10 6 5 6.75


Best Cyprus car insurance companies

Name Claim Management Price Customer Satisfaction Overall Score
Pitsas Insurance 10 9 10 9.7
AIG 10 8 10 9.3
CNP Asfalistiki 10 8 9 99
Altius 9 8 8 8.3
Ydrogeios 8 8 9 8.3
Atlantic 8 8 8 8
Abbeygate 8 8 8 8
Lumen Insurance 9 7 8 8
Allianz 8 7 9 8
Prime Insurance 8 8 8 8
Arch Insurance 8 7 8 7.7
KLPP Insurance 8 7 8 7.7
Progressive Insurance 8 7 8 7.7
Top Quotes 7 8 8 7.7
Trust Insurance 7 9 7 7.7
Commercial Insurance 8 8 7 7.7
Cosmos Insurance 7 8 8 7.7
Eurosure 7 8 8 7.7
Genikes Insurance 8 7 7 7.3
Ethniki  8 7 7 7.3
SoEasy Insurance 7 8 7 7.3
Hydra 7 7 8 7.3
Minerva 7 7 8 7.3
Royal Crown Insurance 7 8 7 7.3
Gan Direct 5 10 6 7
Anytime Insurance 6 10 5 7


List of Cyprus insurance companies

Name  Telephone Website Classes of Insurance
Pitsas Insurance +357 70070500 Life, Non-life
Allianz +357 77770110 Life
Atlantic Insurance +357 22886000 Non-life
Abbeygate Insurance +357 26 819175 Non-life
AIG +357 22699999 Life, Non-life
Altius Insurance +357 22379999 Non-life
Ethniki Insurance +357 22841000 Non-life
Prime Insurance +357 22896000 Life, Non-life
Cyprialife +357 22111213 Life
MetLife Insurance +357 22845845 Life
Lumen Insurance +357 22353625 Non-life
Eurolife Insurance +357 22124000 Life
Aetna Insurance +357 80090010 Life
CNP Asfalistiki +357 22887600 Non-life
General Insurance +357 22128700 Non-life
Minerva +357 22551616 Non-life
Progressive Insurance +357 22758585 Non-life
Royal Crown Insurance +357 22885555 Non-life
Ydrogeios +357 24200800 Non-life
Bupa Insurance +353 17617331 Life
Hydra +357 22454700 Non-life
Hellas Direct +30 212 222 9999 Non-life
Commercial Insurance +357 22505000 Non-life
Cosmos Insurance +357 22796000 Non-life
Eurosure +357 22882500 Non-life
SoEasy Insurance +357 22055055 Non-life
Trust Insurance +357 22 050100 Non-life
KLPP Insurance + 357 25057525 Non-life
Universal Life +357 22882222 Life
Arch Insurance +353 1 531 7709 Non-life
Top Quotes +357 26 27 28 24 Non-life
Gan Direct +357 80051015 Non-life
Anytime Insurance +357 80088800 Non-life
American Hellenic Hull Insurance +357 25584545 Non-life
Ancoria Insurance +357 22551300 Life
Hellenic Life Insurance +357 22501581 Life
Kentriki Insurance Company +357 22745745 Non-life
Interamerican Insurance +30 2109462000 Non-life
Pancyprian Insurance +357 22743743 Non-life


Cyprus insurance companies

Pitsas Insurance Cyprus

Pitsas Insurances Cyprus has played an instrumental role in developing the insurance sector in Cyprus since it began operating in 1985.

Now operating across 45 countries and serving over 10,000 clients, the company works alongside the most significant underwriters globally, making it one of the most prominent insurance providers in the country.

Pitsas Insurances Cyprus are also the number one choice for expatriates and international companies seeking insurance, having been a pioneer in insuring expats and foreign businesses in Cyprus.

Thousands of private clients and families entrust Pitsas Insurances daily for their personal insurance contracts, while thousands of businessmen entrust them for their commercial contracts.

Pitsas Insurances also offers specialist insurance contracts for various types of protection, e.g. personal accident insurance, critical illness insurance, and yacht and travel insurance.

Insurance companies Cyprus

You can learn more about Pitsas Insurances Cyprus here.

Allianz Insurance Cyprus

Allianz Insurance Cyprus has offered private insurance services in the Cypriot market for over 25 years.

The company has a diverse catalogue of insurance products to meet all kinds of insurance needs, from essential insurance like car insurance to more specialised insurance like savings insurance.

The company, focusing on customer centricity, established a branch in Cyprus to fortify its customer service and broaden its audience with the “global family” of Allianz.

You can learn more about Allianz Insurance Cyprus here.

Atlantic Insurance Cyprus

Atlantic Insurance Cyprus was founded in 1983 and provides many personal and commercial insurance solutions for the Cypriot market.

The company’s philosophy revolves around its trustworthiness for its customers in an hour of need, prioritising customer relationships and customer-centricity.

Atlantic Insurance Cyprus has easily accessible offices in every city in Cyprus with multilingual personnel that offer a personalised service.

You can learn more about Atlantic Insurance Cyprus here.

Abbeygate Insurance Cyprus

Abbeygate Insurance Cyprus began operating in Cyprus in 2006 and developed into a well-trusted insurance broker for expatriates.

The company offers high-cover insurance products that are designed explicitly for expatriates with high-quality insurers.

The company’s product offering includes both personal and business insurance contracts, like life, home, and liability insurance.

Abbeygate Insurance Cyprus has built a reputation upon a friendly and professional service and only uses regulated insurers in Cyprus.

You can learn more about Abbeygate Insurance Cyprus here.

AIG Insurance Cyprus

AIG Insurance Cyprus (or American International Group, Inc.) serves customers in over 100 countries and jurisdictions, making them a leading international insurance organisation.

AIG companies serve their customers through one of the most significant worldwide property-casualty networks, providing institutional, commercial, and individual contracts.

They provide property-casualty, retirement services, life insurance, and general insurance.

However, not all products and services of AIG are available in every jurisdiction.

The company does not provide its services directly to individuals. The most significant representative of AIG in Cyprus is Pitsas Insurances.

You can learn more about AIG Insurance Cyprus here.

AIG Car Insurance Cyprus

Comprehensive AIG Car Insurance Cyprus covers damages to the insured vehicle and third-party liability.

In addition, it covers driving off-road, driving another vehicle, passenger liability, trailer liability, personal accident to authorised drivers, and roadside assistance (in the government-controlled area). Comprehensive insurance does not exclude driving in the occupied areas of Cyprus.

Wide coverage is an optional insurance choice and includes damage to clothing, rugs, or personal items, locks and keys, windscreen or window breakages, civil commotion, riots, strikes, natural perils, and the loss of use of the insured car.

You can learn more about AIG Car Insurance Cyprus here.

Altius Insurance Cyprus

Altius Insurance Cyprus Ltd was established in 1993 and used to be called Alpha Insurance Ltd.

The company was renamed Altius Insurance under the control of a group of investors.
It provides personal and business insurance solutions, including health, life, and car insurance.

You can learn more about Altius Insurance Cyprus here.

Ethniki Insurance Cyprus

Ethniki Insurance Cyprus Ltd and Ethniki General Insurance (Cyprus) Ltd have headquarters in Nicosia and are subsidiaries of Ethniki Insurance (Greece).

The company offers high-quality insurance products and cooperates with a growing network of insurance intermediaries.

Ethniki Insurance Cyprus prides itself on serving its customers with professional services and highly trained administrative staff.

The company covers every insurance need for the modern man and various innovative insurance solutions, including life, health, property, personal accident insurance, and savings programs.

You can learn more about Ethniki Insurance Cyprus here.

Prime Insurance Cyprus

The primary goal of Prime Insurance Cyprus is to offer high-quality insurance solutions without compromising customer service.

The company strives to provide high-quality products to satisfy its customer’s insurance and financial goals.

Prime Insurance Cyprus trains insurance advisors in partnership with their company, prioritising education as part of their mission.

Serving their clients to the best of their ability is part of the company’s core philosophy.

You can learn more about Prime Insurance Cyprus here.

Cyprialife Insurance Cyprus

Cyprialife Insurance Cyprus was founded in 1995 and began providing life insurance, private investment and savings plan solutions.

Cyprialife offers a comprehensive portfolio of products accommodating their client’s life, health, and accident insurance needs.

The company is trusted through their high level of service, knowledgeable staff, and network of insurance agents, ensuring their excellent claim satisfaction ratios.

You can learn more about Cyprialife Insurance Cyprus here.

MetLife Insurance Cyprus

MetLife Insurance began operating in Cyprus in 1955, providing life, health, accident, and group health insurance.

MetLife Insurance Cyprus was initially founded in 1868 and is one of the world’s most prominent life insurance companies, together with its subsidiaries and affiliates. The company provides employee benefits, life insurance, annuities, and asset management worldwide.

MetLife is the most significant life insurance company in the USA. It operates in just under 50 countries and serves around 100 million customers worldwide.

You can learn more about MetLife Insurance Cyprus here.

Lumen Insurance Cyprus

Lumen Insurance Cyprus, regulated by the Malta Financial Services Authority, is a trading name of GasanMamo Insurance Ltd, which operates in Cyprus.

Prodromou & Makriyiannis Insurance (P&M Insurance) are General Agents and Attorneys of Lumen Insurance Cyprus.

The company provides its clients with general insurance, including property, motor, and liability policies.

GasanMamo Insurance Ltd is the second-largest insurance provider in Malta and works with some of the world’s biggest reinsurers.

You can learn more about Lumen Insurance Cyprus here.

Eurolife Insurance Cyprus

Eurolife Insurance Cyprus was established in 1989 and is a subsidiary of the Bank of Cyprus. It is among the pioneers of life insurance in the Cypriot market.

EuroLife offers personal and group plans for health, life, and accident insurance products with the assistance of a professional sales network specialising in what they do.

Eurolife Insurance Cyprus tailors products to their customer’s needs and works transparently in customer relationships.

The company has over 100 employees and 200 insurance advisors and is certified by the Investors in People and Bronze international quality standard.

You can learn more about Eurolife Insurance Cyprus here.

Aetna Insurance Cyprus

Aetna Insurance Cyprus was established in 1853 as a healthcare insurance company in Hartford, Connecticut, specialising in health insurance and related services.

Aetna’s network includes around 12 million dental members, over 1 million healthcare professionals, over 22 million medical members, 13 million pharmacy-benefit management services members, 690,000 primary care doctors and specialists, and 5,700 hospitals.

Pitsas Insurances successfully promotes Aetna’s Group Medical Insurance in Cyprus and has been doing so for 25 years, enabling its clients to receive high-quality medical services.

You can learn more about Aetna Insurance Cyprus here.

CNP Insurance Cyprus

CNP Insurance Cyprus offers life insurance under CNP Cyprialife and general insurance products under CNP Asfalistiki.

CNP Asfalistiki Insurance was founded in 1981 and has been a pioneer in the field of general insurance solutions in Cyprus.

The company is customer-focused and strives to provide comprehensive insurance programs.

CNP Insurance Cyprus partners with the French insurance brand CNP Assurances.

You can learn more about CNP Insurance Cyprus here.

General Insurance Cyprus

General Insurance of Cyprus was founded in 1951 by the Bank of Cyprus. It played a developmental role in forming the insurance industry’s values in the country.

General Insurance Cyprus is renowned as one of the most reliable insurance companies, with a high standard of professionalism and claims handling.

General Insurance of Cyprus has a plethora of comprehensive insurance solutions for individuals, businesses, and professionals.

You can learn more about General Insurance Cyprus here.

Minerva Insurance Cyprus

Minerva Insurance Cyprus has been in business for over 50 years. Since 1997, it has had over 4200 registered shareholders when it transformed into a public company.

The company provides customers with personal and business insurance solutions and has twelve branches throughout Cyprus.

Minerva Insurance cooperates with over 170 insurance distributors and has over 130 trained staff working for their company.

You can learn more about Minerva Insurance Cyprus here.

Progressive Insurance Cyprus

Progressive Insurance Cyprus was established in 1991 as a general insurance specialist.

The company is driven by its customers and values that have formed the foundation of their business. They are recognised as a reliable insurance provider in Cyprus and have a high claims satisfaction ratio.

Progressive Insurance Cyprus emphasises transparency, providing excellent customer service, adapting to its clients’ changing needs, and fairly compensating them.

You can learn more about Progressive Insurance Cyprus here.

Royal Crown Insurance Cyprus

Royal Crown Insurance Cyprus offers a complete range of non-life insurance products, including their flagship product, Combined Insurances.

Royal Crown offers many non-life insurance products and is known for handling claims fairly. They aim to be a trustworthy company and provide fair compensation whenever it’s owed to their clients.

Royal Crown Insurance Cyprus contracts are transparent and don’t include any small print. Their consultants work to ensure their client’s needs are taken care of.

You can learn more about Royal Crown Insurance Cyprus here.

Ydrogios Insurance Cyprus

Ydrogios Insurance Cyprus Ltd was established in July 2002 and is a leading choice for insurance in the Cypriot market.

The company cooperates with over 100 qualified professional intermediaries and partners throughout Cyprus and remains reliable for its customers.

Ydrogios Insurance Cyprus serves a broad customer base across six offices in Cyprus. They provide innovative insurance solutions for all kinds of needs.

You can learn more about Ydrogios Insurance Cyprus here.

Bupa Insurance Cyprus

Bupa is a prominent choice for private healthcare worldwide, with a presence in Cyprus.

Bupa health insurance was initiated into the Cyprus insurance market in 1992 by Nicos Rossos, one of the top Bupa Global brokers in the EU.

Bupa Insurance Cyprus grants their insured clients direct access to private healthcare, removing the need for a GP referral.

The company provides four insurance packages designed for various needs in Cyprus.

You can learn more about Bupa Insurance Cyprus here.

Hydra Insurance Cyprus

Hydra Insurance Cyprus was established in 2001 as a development of its founder’s vision, who was an active figure in the insurance market in Cyprus for more than 50 years.

With a focus on quality customer service and interpersonal relationships, Hydra Insurance prides itself on affordable insurance products and handling claims fairly.

The company specialises in the general insurance sector and offers many insurance solutions.

Hydra Insurance Cyprus provides innovative personal insurance products to meet individual needs and commercial insurance products to meet business needs.

You can learn more about Hydra Insurance Cyprus here.

Hellas Direct Insurance Cyprus

Hellas Direct Insurance Cyprus began operating in 2012 as an online insurance company wishing to change the Greek insurance sector.

The company was founded with the intention to make insurance more straightforward to understand and easier to purchase. They provide innovative car, motorcycle, and home insurance solutions.

You can learn more about Hellas Direct Insurance Cyprus here.

Commercial General Insurance Cyprus

Commercial General Insurance Cyprus is a leading general insurance company in Cyprus.

It was established in 1973 by a company formerly known as Commercial Union Assurance plc and now known as Aviva plc and the Christophides Group. It has represented this company since 1925 in Cyprus.

Commercial General Insurance Cyprus focuses on business ethics and professional standards to drive their operation successfully in the Cyprus insurance market.

By developing their insurance services and utilising new technology, they intend to strengthen their position in the market and meet their clients’ changing needs.

You can learn more about Commercial General Insurance Cyprus here.

Cosmos Insurance Cyprus

Cosmos Insurance Cyprus was established in 1981 to provide motor and property insurance. It currently offers general insurance solutions made for modern needs.

Cosmos Insurance Cyprus operates across the country through a vast network of intermediaries with offices in Nicosia, Larnaca, Limassol, and Paphos, serving over 50,000 customers.

The company hires over seventy employee members and works with over one hundred and fifty insurance intermediaries nationwide.

In 2000, the company’s shares were listed on the Cyprus Stock Exchange and renamed Cosmos Insurance Company Public Ltd.

You can learn more about Cosmos Insurance Cyprus here.

Eurosure Insurance Cyprus

Eurosure Insurance Cyprus Ltd began operating in 1992, providing non-life products in Cyprus.

The company offers several personal and commercial insurance products, including home, motor, public liability insurance, and personal accident.

The company was established through the cooperation of several entrepreneurs and R. Christofidou Ltd., the Insurance Agent of Phoenix Assurance PLC (1927).

R. Christofidou Ltd ended the agency of Phoenix Assurance PLC in 1991 and transferred its business to the newly formed Eurosure with its shareholders.

You can learn more about Eurosure Insurance Cyprus here.

SoEasy Insurance Cyprus

The insurance broker company, SoEasy Insurance Cyprus, was established in Cyprus, offering online insurance services for essential insurance solutions like motor, home, health, and more.

The company aims to help its clients find the best possible solutions for their insurance needs. In addition, SoEasy Insurance Cyprus was founded to provide in-demand affordable insurance products.

Their clients are welcome to visit their offices in Nicosia, Limassol, Larnaca, and Paphos, while they also have the option to buy insurance online.

You can learn more about SoEasy Insurance Cyprus here.

Trust Insurance Cyprus

Trust Insurance Cyprus was founded locally in 1990 in Limassol and offers services worldwide.

The company was registered in 2003 as a licensed insurance company in Cyprus and entered the Cypriot market in 2009. It has since become one of the fastest-growing insurance companies in the country.

Trust Insurance Cyprus aims to offer the most affordable and innovative products in Cyprus at competitive prices.

You can learn more about Trust Cyprus Insurance here.

Limassol, Trust Insurance Cyprus telephone: +357 25 875333. All of the Trust Insurance Cyprus phone details can be found here.

KLPP Insurance Cyprus

KLPP Insurance Cyprus was established in 2015 in Cyprus and built its foundation on the shoulders of an investment company that was established in the country in 2009.

The company operates as an international reinsurer and provides insurance services across Europe.

KLPP provides various business insurance solutions and reinsurance activities, e.g. property damage, cargo insurance, public general liability, and many more.

You can learn more about KLPP Insurance Cyprus here.

Universal Life Insurance Cyprus

Universal Life Insurance Cyprus was established as a private company in 1970 and is a member of the Photos Photiades Group.

It was the first insurance company incorporated in the country after local insurance legislation was passed.

The company played a pivotal role in shaping the formation of the life insurance field in Cyprus and is now among the most sought-after life insurance companies on the island.

Universal Life Insurance Cyprus gives back to society through its market presence. It contributes to social change for Cypriots, representing its business motto “because life is precious”.

You can learn more about the provider Universal Life Insurance Cyprus here.

Arch Insurance Cyprus

Arch Insurance Cyprus (EU), a subsidiary of Arch Capital Group Ltd, is based in Ireland, with offices in the UK and select locations across the EU.

Arch Insurance Cyprus offers various insurance solutions spanning multiple business sectors, including healthcare, cyber and technology, accident & health, property and terrorism, financial institutions, and professional liability.

The company provides innovative products and reliable services in Cyprus and is authorised by the Central Bank of Ireland.

You can learn more about Arch Insurance Cyprus here.

Top Quotes Insurance Cyprus

Top Quotes Insurance Cyprus gathers the best insurance quotes from the top insurance providers for their customers, saving them from dealing with many agents.

Top Quotes Insurance Cyprus quickly expanded in size from its incorporation in Cyprus.

The brokerage was one of the first intermediaries to represent all of the top UK insurers in Cyprus. They are registered with and licensed by the Cypriot Government.

You can learn more about Top Quotes Insurance Cyprus here.

Gan Direct Insurance Cyprus

Gan Direct Insurance Cyprus began operating in the country in 1994 to simplify buying insurance and offer their customers value for money.

Like many of its EU counterparts, the company drops the need for intermediaries, removing the need to charge commission or credit costs to issue an insurance policy.

Gan Direct Insurance Cyprus is not directed by volume or market share and instead strategically controls its growth through certain underwriting principles.

The company offers online services, 24-hour assistance, and competitive premiums.

You can learn more about Gan Direct Insurance Cyprus here.

Anytime Insurance Cyprus

Anytime Insurance Cyprus has been a key player in the Cypriot market since 2017.

They belong to the Interamerican family, a leading insurance provider in Greece known for its level of services and reputation.

Interamerican is a member of Achmea, an international insurance group founded in the Netherlands.

Anytime Insurance Cyprus specialise in general home and car insurance.

You can learn more about Anytime Insurance Cyprus here.

Pancyprian Insurance Cyprus

Pancyprian Insurance Cyprus was founded in 1963 as a general insurance company and joined the Hellenic Bank Group in 1999.

It is one of the most significant insurance companies in the Cypriot insurance market, with a share of 9.3% and annual written premiums worth over €35 million.

Pancyprian Insurance Cyprus prides itself on being a reliable, committed, safe and down-to-earth insurer providing excellent customer service for all its clients.

Insurance companies Cyprus

You can learn more about Pancyprian Insurance Cyprus here.

Cyprus best insurance company

Our statistical research findings conclude that the best insurance company in Cyprus is Pitsas Insurance.

The renowned insurance company was established in 1985, making it one of the oldest insurance companies in the country.

The company is a pioneer in insuring foreign businesses and expatriates in Cyprus, with over 10,000 clients across 45 countries.

Pitsas Insurances has earned the trust of thousands of private clients and their families who choose them for their essential personal insurance every day, including health, life, and house.

In addition, other popular insurance coverages are part of their product offerings, such as critical illness, travel, and cover for yachts.

Due to its attractive commercial insurance offering, the company has become one of the leading providers of business insurance services to international, European and Cypriot companies.

International software developers, law firms, investment and financial corporations, and shipping and construction companies are among their top clients.

Their commercial services include professional indemnity insurance, employer’s liability insurance, directors and officers insurance, equipment insurance, public liability insurance, group medical insurance, cyber insurance, and cargo insurance.

Pitsas Insurances also promotes investment insurance, enabling high-income employees and directors to receive tax exemptions through investing in the largest and most credible investment companies worldwide (Pimco, Vanguard).

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