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.
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.
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.
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.
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.
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.
Raunas iela 10
Rīga
N/A
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.
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.
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.
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As of April 2025, BALTA apdrošināšana' leadership includes:
BALTA apdrošināšana has been backed by several prominent investors over the years, including:
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.
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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
balta.lv • October 26, 2023
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.lv • September 5, 2023
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 Times • August 17, 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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