ALBSIG S.A

Address: Blvd “Bajram Curri”, Building “Downtown One”, 16th & 17th floor, Tirana, Albania
Phone: +355 4 45 02 060
+355 4 22 54 770
E-mail: info@albsig.al
Website: https://www.albsig.al

 

ALBSIG Business Profile

Albsig s.a. is an insurance company, part of KASTRATI Group, which operates successfully since 2004 in the capacity of insurers, based on financial viability, dedicated and professional staff, quickly and qualitative claim service. Albsig operates through a network of 31 branches covering the territory of Albania. The company has technical provisions, reserves and highest paying ability. The Company was licensed by the Financial Supervision Authority, Tirana, Decision no. 45, dated 10.09.2004 on the quality of the non-life insurers (damage treatments).

Albsig is the only insurance company in Albania, where Voluntary Insurance accounts for more than 53.07% of its portfolio. The management scheme is based upon new and efficient techniques of finance management. The whole process of selling and administration is computerized, a fact which has enabled operational control and eliminate misuse.

Albsig is leader in the Albanian insurance market to handle claims for damages compensation by offering high quality, speed and standards.

Albsig is the only insurance company in Albania, where Voluntary Insurance accounts for more than 53.07% of its portfolio.

Since 2019, Albsig s.a. offers new non-life insurance products, class 14 “credit insurance”, all classes in life insurance and private pension funds and collective investments.

Albsig Life provides life insurance products in the territory of the Republic of Albania.

Albsig Invest s.a. operates as a Managing Company of Pension Funds and Collective Investment Funds. Albsig Invest manages the Albsig Voluntary Pension Fund, “Smart Pension” Voluntary Pension Fund and the Albsig Standard Investment Fund.

Albsig has launched 30 qualitative products in the Albanian non-life insurance, life insurance and in the Pension Funds and Collective Investment Funds. These products are fully assimilated by the customers. Albsig current activity reflects a positive achievement, as well as the intention to increase the role of the company in the insurance business.

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