Hydra Insurance was established in 2001, as a natural development of the successful presence of its founders in the Cyprus Insurance Market for more than 50 years, based on their long-standing commitment to customer service, customer satisfaction, and customer trust. The Company specializes in the general insurance business, providing a full range of innovative insurance products: Personal Insurances, catering for the needs of individuals and Commercial Insurances catering to the needs of the business community.
Over these years, and notwithstanding the highly competitive local insurance environment, we have managed to grow into a large organization, with a consistently superior performance both in terms of business development as well as profitability, as a testimony of our customers’ loyalty. The Company has a significant market share, with a premium income of €12,2m surpassing ten other insurance companies transacting general business with a longer presence in the market.
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