Colonnade Insurance SA Luxembourg - Bucharest branch, is a member of Fairfax Financial Holdings group based in Toronto (Canada), which operates in more than 30 countries all over the world.
- Colonnade Insurance S.A. (“Colonnade”) is a Luxembourg based non-life Insurance company fully owned by Fairfax and established for a strategic expansion of the Fairfax insurance business in Central & Eastern Europe.
- Colonnade has more than 600+ employees in Eastern Europe.
- Colonnade operates through branches in the Czech Republic, Slovakia, Hungary, Poland, Romania, Bulgaria and its sister company in Ukraine.
- Colonnade is licensed to underwrite 17 of the 18 statutory classes of non-life Insurance (except Class 10 – Motor Vehicle Liability). Our licenses are extended to Freedom of Services for all EU member states.
- Colonnade is dedicated to first class customer service and innovative products for commercial and consumer insurance solutions in Central & Eastern Europe.
- Companies operate on a decentralized basis, with empowered underwriting teams applying a focused underwriting strategy to their markets
- Colonnade Insurance SA Luxembourg - Bucharest branch was rated A- (excellent) for financial stability by the international rating agency A.M. Best, member of Fairfax Financial Holdings Limited (Fairfax) (Toronto, Canada)
Our values:
- Honesty and integrity are essential in all our relationships and will never be compromised.
- We are results oriented - not political.
- We are team players – no “egos”. A confrontational style is not appropriate. We value loyalty - to Fairfax and our colleagues.
- We are hardworking but not at the expense of our families.
- We always look at opportunities but emphasize downside protection and look for ways to minimize loss of capital.
- We are entrepreneurial. We encourage calculated risk taking. It is all right to fail but we should learn from our mistakes.
- We will never bet the company on any project or acquisition.
- We believe in having fun - at work!
