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Vienna Insurance Group acquires Intersig

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With the acquisition of Intersig, Vienna Insurance Group’s market share raises to about 30 percent and an estimated premium volume of about EUR 20 million

TIRANA, Sept. 12 – The Vienna Insurance Group AG Wiener Versicherung Gruppe has recently signed an agreement to acquire a majority share in the Albanian insurance company Intersig Sh.a. As a result of this transaction, subject to official approval by the Competition Authority, Vienna Insurance Group will acquire 75 percent of the shares plus one share of the company from private ownership. The parties have agreed not to disclose the purchase price. CEO G

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Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

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