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BALTA apdrošināšana's Overview

Total employees272
HeadquartersRīga
Founded1992

Balta APDROŠINĀŠANA AAS (Balta) is the leading non-life insurance company in Latvia, with a significant market share and a history spanning over three decades. It offers a wide range of insurance products for both private individuals and corporate clients, including property, motor (OCTA and KASKO), travel, accident, and liability insurance. Balta is recognized for its customer service, innovative solutions, and financial stability. Since 2014, Balta has been part of the PZU Group, one of the largest financial institutions in Central and Eastern Europe, which further strengthens its position and capabilities in the Latvian market.

Where is BALTA apdrošināšana's Headquarters?

HQ Function

The headquarters serves as the central hub for all strategic, operational, and administrative functions of the company in Latvia. This includes product development, underwriting, claims management, customer service, marketing, finance, and IT.

Notable Features:

The headquarters is likely a modern office building designed to facilitate efficient operations and provide a comfortable working environment for its employees. It would house various departments essential for a large insurance provider.

Work Culture:

The work culture at Balta's headquarters is likely professional, customer-centric, and performance-driven, with an emphasis on teamwork, innovation in insurance services, and adherence to ethical standards. Being part of PZU Group, it may also reflect international best practices.

HQ Significance:

As the nerve center of Latvia's largest non-life insurer, the headquarters is crucial for maintaining market leadership, driving innovation, and ensuring high levels of customer satisfaction across the country.

Values Reflected in HQ: The headquarters likely reflects values such as stability, reliability, professionalism, and customer focus, essential for an insurance provider.

Location:

Balta APDROŠINĀŠANA AAS operates primarily within Latvia. However, its global reach and operational capabilities are significantly augmented by being part of the PZU Group. PZU is a major insurance and financial services player in Central and Eastern Europe, with operations in Poland, Lithuania, Ukraine, and Estonia, in addition to Latvia (through Balta). This affiliation provides Balta with access to international expertise, reinsurance markets, shared services, and technological advancements, enhancing its offerings and stability within the Latvian market.

Street Address:

Raunas iela 10

City:

Rīga

State/Province:

N/A

Country:

Latvia

BALTA apdrošināšana's Global Presence

Daugavpils, Latvia

Address: Rīgas iela 54, Daugavpils, LV-5401, Latvia

To serve the insurance needs of individuals and businesses in Daugavpils and surrounding areas, ensuring local accessibility to Balta's services.

Liepāja, Latvia

Address: Graudu iela 43, Liepāja, LV-3401, Latvia

To cater to the diverse insurance requirements of the population and enterprises in Liepāja and the western part of Latvia.

Valmiera, Latvia

Address: Rīgas iela 25, Valmiera, LV-4201, Latvia

To support clients in Valmiera and the northern region of Latvia with their insurance needs, from policy purchase to claims.

Buying Intent Signals for BALTA apdrošināšana

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of BALTA apdrošināšana

As of April 2025, BALTA apdrošināšana' leadership includes:

Iain Kennedy - Chairman of the Management Board (CEO)
Uldis Dzintars - Member of the Management Board (CFO)
Viktorija Zakrepska-Čornaja - Member of the Management Board (Sales and Marketing)
Artūrs Jansons - Member of the Management Board (Claims)
Sandijs Šteins - Member of the Management Board (Products and Underwriting)

Investors of BALTA apdrošināšana

BALTA apdrošināšana has been backed by several prominent investors over the years, including:

PZU Group (Powszechny Zakład Ubezpieczeń SA)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

As of late 2023/early 2024, there have been no widely publicized major changes (hires or exits) at the top Management Board level of Balta APDROŠINĀŠANA AAS in the last 12-18 months. The current board has been relatively stable. Minor changes in departmental leadership below the board level may have occurred but are not typically announced broadly.

Technology (Tech Stack) used by BALTA apdrošināšana

Discover the tools BALTA apdrošināšana uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

BALTA apdrošināšana Email Formats and Examples

The most common email format used by Balta APDROŠINĀŠANA AAS is [firstname].[lastname]@balta.lv. This format is standard for many Latvian and European companies.

[firstname].[lastname]@balta.lv

Format

vards.uzvards@balta.lv

Example

90%

Success rate

News and media

balta.lvOctober 26, 2023

Balta APDROŠINĀŠANA AAS: Trešdaļa velobraucēju neievēro ceļu satiksmes noteikumus (A third of cyclists do not follow traffic rules)

According to a survey conducted by Balta, one-third of cyclists in Latvia admit to not always following traffic regulations, often leading to risky situations. The insurer highlights common violations such as riding on sidewalks inappropriately and not using lights in the dark....more

balta.lvSeptember 5, 2023

Balta APDROŠINĀŠANA AAS: Apkopojusi šovasar izmaksātās atlīdzības par ceļojumu negadījumiem (Summarizes travel accident claims paid this summer)

Balta reported on the travel insurance claims paid out during the summer of 2023, noting an increase in incidents related to acute illnesses and injuries. The company emphasized the importance of travel insurance, especially for trips abroad....more

The Baltic TimesAugust 17, 2023

Latvian insurer Balta posts EUR 10.1 mln profit for H1 2023

Balta APDROŠINĀŠANA AAS reported a profit of EUR 10.1 million for the first half of 2023, a significant increase compared to the previous year. The company's gross written premiums also grew, reaching EUR 81.6 million....more

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