Euroins Bulgaria, a subsidiary of Euroins Insurance Group (EIG) and part of Eurohold, has successfully raised €58.8m through a capital increase as it looks to expand throughout Europe.
The funding was secured via the issuance of 28.75m new shares at BGN 4 per share, according to InsurTech Insights.
The fresh capital injection is set to support the firm’s expansion plans across Central and Southeastern Europe, with a particular focus on Poland and Greece. Additionally, the funds will be used to enhance the company’s solvency and drive digital transformation efforts.
Euroins Bulgaria operates under the Freedom of Establishment (FoE) directive in Bulgaria, while extending its services across Poland, Spain, Germany, Italy, and Romania under the Freedom of Services (FoS) directive. Euroins Insurance Group further maintains a strong presence in North Macedonia, Ukraine, and Georgia through its subsidiaries.
The latest capital infusion aligns with Euroins Bulgaria’s strategic goal of reinforcing its position within the European insurance market. By strengthening its financial foundation, the company aims to enhance its service offerings and implement innovative solutions within the InsurTech space.
Copyright © 2025 InsurTech Analyst
