Drina Osiguranje a.d. (Bosnia and Herzegovina)

Drina Osiguranje a.d. is an insurance company located in Milici, Bosnia and Herzegovina. It was founded at the end of 1996 and has grown to become a respected insurance company in the country, particularly in the Republic of Srpska. The company's official financial reports, regulatory, auditing, and actuarial opinions confirm its status. The initial capital investment, according to the applicable laws at the time, was 185,000 convertible marks. Currently, the company has available capital of over 11 million convertible marks, including shareholder capital of 6,827,000 convertible marks. Additionally, the company has invested over 22 million convertible marks in technical reserves and has allocated 500,000 convertible marks to the reserve fund and the fund for compensating old damages of the Green Card Bureau. The establishment of a new ownership structure in late 2005 and the change of headquarters to Milici in March 2006 were pivotal moments that provided a platform for the company's successful growth in all business parameters. Drina Osiguranje operates through nine branches in Banja Luka, Prijedor, Doboj, Brcko, Bijeljina, Zvornik, East Sarajevo, Trebinje, and Tuzla. The company's business units are present in all municipalities, covering the entire territory of the Republic of Srpska and a significant part of the Federation of Bosnia and Herzegovina. The majority of insurance premiums generated in the Federation of Bosnia and Herzegovina are realized through the Tuzla branch, mainly in the Tuzla and Sarajevo cantons. Drina Osiguranje employs over 120 workers, including 7 master's degree holders, 35 with higher education, and the rest with high school education. The company's professional approach to clients, efficiency in handling claims, and promptness in payment contribute to high levels of customer satisfaction and trust. Claims settlement and payment are carried out at the General Directorate in Milici through a single account, while on-site branches assess damages and perform other insurance-related tasks. This allows Drina Osiguranje to achieve efficiency and quick response times, always being available to clients. The company holds ISO standards and other necessary licenses as proof of its quality and success in the industry. Through stronger ties with the ownership relations with Boksit a.d. Milici and other affiliated companies, Drina Osiguranje has received strong support in terms of personnel, infrastructure, materials, and finances, enabling it to offer the most favorable conditions, loans, premiums, and bonuses within legal frameworks in the insurance market.