Who we are

The Hellenic Association of Insurance Companies is the institutional body that represents insurance companies operating in Greece, accounting for more than 95% of the premiums generated in the Greek market. HAIC is a recognized professional association with a history of more than 118 years. Over the years of its operation, its role has been constantly evolving, strengthening the voice of the insurance industry at national, European, and international levels.

The mission of the Hellenic Insurance Association, as defined in its Articles of Association, is to formulate and promote the positions and proposals of the Greek insurance market. The Association seeks cooperation and dialogue with the Greek State, the institutions of the European Union and the International Insurance Organizations. Its goal is to enhance the development prospects of the insurance industry and to create a modern and reliable insurance environment for society and the economy.

Our main goals are to:

Highlight the value of insurance, raising further insurance awareness among the Greek society.
Modernize the sector by keeping up with current developments and trends.
Enhance our contribution to society and the economy through the value which our sector generates.

The History of the Association

For 118 years, the Hellenic Association of Insurance Companies has supported and represented the private insurance sector in Greece. Over the years, the Association has successfully united sectoral associations under its umbrella, providing the Greek insurance market with a unified voice and institutional representation. This has been essential for promoting the value of insurance, the continuous improvement of the sector, and the social progress enabled by the shared values of our members.

1907

1929

1959

1968

1982

1987

1992

1907The Association is founded in its original form as the "Association of Fire Insurance Companies Operating in Greece."

1929The Association acquires the legal status of an official professional union and emerges as a central regulator of insurance activity in Greece.

1959A series of unions merge with the Association, creating the first unified collective body in the sector (“Association of Insurance Companies Operating in Greece”).

1968Establishment of the Association of Insurers of Greece and division of the original Association.

1982Establishment of the Association of Greek Insurance Companies and further division of the sector into three insurance associations.

1987Members of the Association of Insurers of Greece join the Union, which is transformed into the Greek Institute for Insurance Education (EIAS), the country’s first specialized educational organization in insurance.

1992Members of the Association of Greek Insurance Companies join the Association, which adopts its current name: Hellenic Association of Insurance Companies.