Victoria
The company has been first registered with Decision Nr. 2268 of 11 December 1996 under Company Case 1312/96 as a joint stock company with the title Mel Ins Insurance Company. It possesses a permit to carry out insurance business Nr. 12 of 16 July 1998.


Pursuant to a decision of the Company Court of 11 December 2002 changes have been registered in the managing bodies of the company, as well as a change in the name, which instead of Mel Ins Insurance Company becomes Victoria Insurance Company; since 2013 the headquarters and the management address of the company is in Sofia. The present address of the entity is Sofia 1504, Iskar Str. 69-71.


After 2002 the company has started to actively develop its business operations and building its new structure. In the period 2002-2008 the company has complemented its permit for carrying out insurance business with new types of insurance and as of today it possesses a license for all types of insurance subject to the business of General Insurance companies in the sense of Section II of Annex Nr. 1 of the Insurance Code.

Since July 2007 the Italian insurance company FATA Assicurazioni Danni S.P.A., Rome, is the main stock holder of the company, it possesses 67.00009 % of the capital of Victoria Insurance Company.

In December 2013 a change in the shareholding by FATA Assicurazioni Danni SpA, Rome, Italy has transferred the shares in the capital of Victoria to Assicurazioni Generali SpA, Trieste, Italy. Victoria Insurance Company is a part of one of the world`s largest insurance companies - Generali Group.

VICTORIA INSURANCE COMPANY MEMBERSHIPS
  • Bulgarian Insurers’ Association;
  • National Bureau of the Bulgarian Motor Insurers;
  • Prof. Dr. Veleslav Gavriyski Foundation.
Management
The company has two-tier system of governance.

Supervisory Board:

Tzvetan Vasilev - Chairman of Supervisory Board
Giuseppe Peresinoto - Vice Chairman of the Supervisory Board
Giorgio Canetti - Member of the Supervisory Board
Luca Savino - Independent Member of the Supervisory Board

Board Members:

Dancho Danchev - Chairman of the Board and Chief Executive Officer
Zhaneta Dzhambaska- Vice Chairman of the Board and Chief Executive Officer
Yuri Kopach - Member of the Board and Deputy Chief Executive Officer
Evelina Yordanova - Member of the Board
Adelina Spasova - Member of the Board
Radoslav Dimitrov - Member of the Board

The company is represented and managed by the two CEOs - Dancho Danchev and Zhaneta Dzhambazka, jointly and separately.




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