Annual Insurance and Pension Awards 2022 Presented at a Ceremony in Sofia

On 17 May 2023, the prestigious annual awards in the insurance and pension insurance sector – "Insurer of the Year", "Pension Insurance Company of the Year", and "Insurance Broker of the Year" – were presented for the 15th consecutive year at a formal ceremony held at the Marinela Hotel in Sofia. The event was organized by the Higher School of Insurance and Finance (VUZF), the Association of Bulgarian Insurers (ABZ), the Bulgarian Association of Supplementary Pension Security Companies (BASPSC), the Prof. Dr. Veleslav Gavriyski Foundation, and the Bulgarian Association of Insurance Brokers (BAIB).

The Prof. Dr. V. Gavriyski Foundation also presented its special annual awards for the 25th time for "Lifetime Contribution to the Development of Bulgarian Insurance", "Lifetime Contribution to the Development of Bulgarian Social Security", and "Lifetime Contribution to the Development of Insurance Mediation" to distinguished experts, managers, and leaders in their fields.

The event, now an established tradition, brought together representatives of the business community, state institutions, regulatory authorities, academia, and the media.

Among the official guests this year were: Mr. Rosen Zhelyazkov, Chair of the National Assembly; Mr. Lazar Lazarov, Deputy Prime Minister for Social Policies and Minister of Labour and Social Policy; Mr. Boyko Atanasov, Chair of the Financial Supervision Commission (FSC); Ms. Goritsa Grancharova-Kozhareva, Chair of the National Audit Office; Ms. Zornitsa Rusinova, Chair of the Economic and Social Council; Mr. Ivaylo Ivanov, Governor of the National Social Security Institute (NSSI); FSC Deputy Chairs Mr. Vladimir Savov and Ms. Diana Yordanova; Mr. Toshko Todorov, Deputy Chair of the National Audit Office; Mr. Vasil Velev, Chair of the Board of the Bulgarian Industrial Capital Association; Mr. Stanislav Popdonchev, Deputy Chair of the Bulgarian Chamber of Commerce; Mr. Todor Tabakov, Deputy Chair of the Bulgarian Chamber of Commerce and Industry; and others.

The best-performing companies in the insurance and pension insurance sector for 2022 were honored during the ceremony. The winners were selected by an expert jury composed of representatives from the five organizing institutions, based on objective public criteria and indicators.

The ceremony began with the presentation of the "Insurer of the Year 2022" awards.

  • The award in the category "Insurer of the Year – General Insurance" went to Bulstrad Vienna Insurance Group JSC. The award was presented by Rosen Zhelyazkov to Nedyalko Chandarov, Chair of the Management Board and CEO of the company.
  • In the category "Insurer of the Year – Life Insurance", the winner was DZI-Life Insurance JSC. Kosta Cholakov, Chair of the Management Board and CEO, accepted the award from Boyko Atanasov.
  • The "Insurer of the Year – Most Dynamic Development" award was won by the Bulgarian Export Insurance Agency (BAEZ). The award was presented to Dr. Galabin Galabov, CEO and Chair of the Management Board, by Vladimir Savov.

The next set of awards was for the "Pension Insurance Company of the Year" for 2022:

  • In the category "Mandatory Pension Insurance", the award went to POC Doverie JSC, accepted by Miroslav Marinov, CEO, and presented by Diana Yordanova.
  • In the category "Voluntary Pension Insurance", the winner was Allianz Bulgaria Pension Company JSC. Vladislav Rusev, Deputy Chair of the Management Board and CEO, received the award from Lazar Lazarov.
  • In the category "Most Dynamic Development in Pension Insurance", the winner was Pension Insurance Company Budeshte JSC, represented by Petya Todorova, Commercial Director. The award was presented by Ivaylo Ivanov.

The ceremony continued with the "Insurance Broker of the Year" awards for 2022:

  • In the category "General Insurance Broker of the Year", the winner was SDI Group Ltd., with Yasen Hristov, Manager, receiving the award from Vladimir Savov.
  • In the category "Life Insurance Broker of the Year", the award went to ING Insurance Brokers Ltd.. Dr. Nikolay Zdravkov, General Manager, accepted the award from Dimitar Shumarov, Executive and Financial Director of Postbank.
  • The "Most Dynamic Development in Insurance Brokerage" award went to Amarant Bulgaria Ltd.. Katerina Kaneva, Corporate Clients Manager, received the prize from Vasil Velev.

All awarded companies received special plaques and certificates.

The ceremony also included the presentation of the Prof. Dr. Veleslav Gavriyski Foundation’s personal national awards for 2023:

  • The award "Lifetime Contribution to the Development of Bulgarian Insurance – 2023" was presented to Konstantin Velev, CEO of Armeec Insurance JSC and twice Chair of the ABZ Management Board. The award was presented by Rosen Zhelyazkov.
  • A second award "Lifetime Contribution to the Development of Bulgarian Insurance – 2023" was presented to Maksim Maksimov.
  • The award "Lifetime Contribution to the Development of Bulgarian Social Security – 2023" was given to Georgi Todorov, CEO and Management Board member of CCB-SILA Pension Insurance Company. He received the award from Lazar Lazarov.
  • The award "Lifetime Contribution to the Development of Insurance Mediation – 2022" was presented to Yordan Velev, Founder, Owner, and CEO of Balkan Insurance Company. The prize was awarded by Vasil Velev.

The laureates received specially crafted statuettes of the goddess of victory Nike, honorary certificates, and commemorative pins bearing the image of the foundation’s patron.

The ceremony concluded with a group photo of all award recipients, presenters, officials, and members of the Organizing Committee.

Media partners of the 15th edition of the annual awards were: Investor.bg, Bloomberg TV Bulgaria, Bulgarian News Agency (BTA), Dnes.bg, Economic.bg, Novinite.bg, Banker, Econ.bg, and MoitePari.bg.

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