GREECE: INTERLIFE Insurance sees an increase in total premium production of over 17% for 1Q2023

21 June 2023 — Marina MAGNAVAL
INTERLIFE Insurance recorded a significant increase in business in 1Q2023 - by 17.09% vs 10.2% on the market, according to Ioannis Votsaridis, who presented the company's data, reports.

Of the mentioned total increase in the company's GWP, the following data per classes was presented:

  • Motor Insurance: up 21% vs 15.6% on the market
  • Motor Vehicle Liability: up 9% vs 1.5% on the market
  • Marine Insurance: up 77.6% vs 15% on the market
  • General Liability: up 16.4% vs 24.7% on the market
  • Accidents: up 16.3% vs -9.5% on the market, and others.
INTERLIFE's position in the market based on insured vehicles, according to May 2023 data, shows that the company ranks 6th among 45 companies active in the sector with a market share of 6.08%.

In 2023, INTERLIFE aims to "further increase the numbers" as well as to conquer the position it deserves in the insurance market, as stated by Ioannis Votsaridis.

INTERLIFE Insurance is a Greek non-life insurance company based in Thessaloniki. It was established in 1991 on a multi-shareholding basis. INTERLIFE Insurance is developing rapidly, constantly highlighting its successful course, high quality of the services, promoting innovative solutions. It operates throughout Greece via a wide network of certified insurance intermediaries.