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Eurosig. Sha. has been constituted as an Insurance Company on 16 July 2004 under the name: DUKAGJINI – AL; Sh.a. Its main activity includes the insurance of the motor vehicles, property, health and of other products of  insurance no-living activity . The activity of such company and of all other companies which perform activity in the territory of Albania is regulated  under law no.9267 “ On the Insurance Activity, Re-insurance and Mediation to Insurance and Reinsurance  , as well as  its supervisors  that is  the Financial Supervising Authority.

 

On December 2005 the company DUKAGJINI- AL Sh.a, being unable to face the market competition and the requirements of the time, sold its shares 100% and on March 2006, it appeared in the market under the new name  “ Eurosig “ sh.a, with  total local share capital and new shareholders. Eurosig as the newest company in the market, it has been widely extended all over territory of the country by about 12 branches, 100 agencies as sales points. At present it takes 9.5% of the motor insurance market (against 3.5% that Dukagjini-Al possessed) and 4.5% of the properties and other voluntary insurance market.

 

Extension of the sales net, situation in the insurance market at a considerable increase and relatively quick for a 1-year period , has come as a result of a continuous work and of a trained staff.

 

The Company, upon the change of the name, changed its staff, too, by attracting specialists and individuals well-known in the field of insurances. At present  approximately 45 of the employees have been employed, excluding the net of agents  which it cooperates with.

 

Eurosig continues its process of restructuring adjusting the structures to the Strategy of the company and its long-term draft plan. EUROSIG Sh.a, is an Insurance Company by a share capital participation totally local and constituted as a new insurance company in the Albanian market of insurances. This company commenced its activity on July 2004 focused mainly on the activities which include  the insurance of the motor vehicles, property, health and other products of insurance  called not for living, which activity in Albanian has been regulated by law no.9267, “On the Insurance Activity, Re-insurance and Mediation to Insurance and Reinsurance, as well as by the activity of regulatory institutions such as the Financial Supervising Authority.

 

In conformity with the actual standard of the insurances industry in Albania, the increasing demands for a solid market, stabilized, demands to profit in the development and consolidation as well as in conformity with the European Union standards, EUROSIG sh.a finds itself as an important factor in the process of implementation and enhancement of the modern experiences , utilizing intuitively and the contemporary professionalism of all monetary aggregates., financial mechanisms and instruments it possesses, thus intending, to become a development promoter not only in the insurance industry put also in the financial sector in general.

 

Company EUROSIG sh.a, having already a good experience in the insurance market, at present has a trained staff, that provides a full financial guaranty to the risk of its clients. During its activity, the high quality, speedy  and professional service to the clients have become increased, offering such competitive and outstanding service not only to the existing net, but also to a number of other clients, who increase  time after time.

 

Strategy of the company is based on fulfillment of the needs of the existing clients and the new ones. Such strategy , with each passing day, is being focused on the increase of the services offered to the existing products and the new ones, further extension of the insuring activity of EUROSIG sh.a, in order to cover a larger territory of Albania by its branches, increase of productivity in the sale process, improvement and easing  evidently the procedures of the  damages treatment.

 

The company has 12 regional directories in total, located all over territory of Albania and a number which exceeds 100 sale points as agencies.

 

Commencing from February 2007, Eurosig Sh.a provides a contemporary service in better conditions offered by the Information Technology. In all branches and agencies, representing such company, the  on-line system operates through 24 hours. This way, such technology, which makes up a service, which is a cost to the company, offers solutions and communication on real time with all clients, as well as its cooperators. As an impact of investment, the positive results have reached to the foreseen levels.

 

Based on a rigorous program of all its activities in continuity, Eurosig has continuously  developed such a policy, which has been focused on the improvement of the skills of its staff. Due to a structural and efficient organization, the situation of the company in the market has become  consolidated and  has always become increasing. According to the closing figures of its activity of 2009, the situation of the company in the market reached to the level of 5.5% collecting a value of the net figure of 388.63 million ALL from the business. The share capital of the company reaches to the value of 460.21million ALL, 87% of such value consists of monetary means and 13% consist of the capital in kind.

 

All such successes, which continue to progress in the activity of the company, have been synthesized to the best manner in the values and standards that Eurosig Sh.a manages to transmit to the client, so providing to the clients, who increase with each passing day, A GUARANTY OF THE EUROPEAN STANDARDS. 

 

 
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