Colonnade Insurance, S.A.
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About
Colonnade Insurance S.A. (Colonnade) is a Luxembourg based non-life insurance company fully owned by Canada based Fairfax Financial Holdings, an international financial services holding company listed on the Toronto Stock Exchange. Fairfax through its subsidiaries is engaged in property, liability and casualty insurance, reinsurance, and investment management.
Colonnade has offices in Hungary, Poland, Czech Republic, Slovakia, Bulgaria, and Romania with more than 600 employees in the CEE region.
Colonnade entered the Central and Eastern European direct insurance market in 2016 with the takeover of QBE branch operations. In 2017 Colonnade increased its presence in the region with the takeover of AIG branch operations.
Our aim is to make Colonnade known for its first-class customer service and innovative solutions.
Colonnade offers products for consumer and corporate clients. We deal with business property, liability, and accident insurance, as well as personal insurance. Colonnade in licensed to underwrite 17 of the 18 statutory classes of non-life Insurance (except Class 10 – Motor Vehicle Liability). Our licenses are extended to Freedom of Services for almost all member states of the European Economic Area.
Colonnade have earned an 'A-' (excellent) rating for its financial stability and an 'a-' (excellent) rating for its long-term issuer credit rating from the US-based rating agency AM Best.
Colonnade is supported by leading global reinsurers with strongest financial security.
Our vision
We believe in fairness and simplicity in all our relationships, that is how we do business! We deliver transparent products and rapid claims service to address the challenges of the changing world around us!
Our passion
We take care of our employees who in return will take care of our customers. If our customers are happy, our business goes well and then we continue to do good to our environment and societies.
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