Sigma
Overview
SIGMA SA is the first private insurance company in Albania, founded in 1998 in Tirana.
In August 2001, just 3 years after its establishment, SIGMA entered the Kosovo market in cooperation with a local company.
In October 2002, SIGMA entered the Macedonian insurance market and began active operations in 2003.
In September 2004, SIGMA received the license to operate in Kosovo through its Branch Sigma sh.a – Kosovo Branch.
In September 2007, Sigma became a member of Vienna Insurance Group with the purchase of 75% plus 1 share of SIGMA’s capital from TBIH – Financial Services Group N.V. in which Vienna Insurance Group has the majority of shares.
In December 2008 Vienna Insurance Group buys the majority of SIGMA’s capital shares in the amount of 87 percent plus 1 share.
In May 2009 Vienna Insurance Group bought 100% of the shares of SIGMA in the Republic of Macedonia. According to its strategy for renaming and reorganization, from 20.10.2009 the new name appears on the insurance market in Macedonia – WINNER, part of a big family of Vienna Insurance Group
In January 2015 the merger of SIGMA with its sister company Interalbanian was formalized, as a result the new company SIGMA Interalbanian Vienna Insurance Group has a stronger capital, a wider sales network, a better fusion of expertise for well-known, but also special products in the market.