Ethniki Insurance celebrated 135 years of uninterrupted presence in the Greek market during the Network’s Corporate Sales Awards Night.
According to the relevant announcement, the event—attended by approximately 700 partners, executives, and guests from all over Greece— combined recognition of the top performance of Ethniki Insurance’s partners with a celebration of the company’s long history and enduring contribution, which began in 1891 and, today continues to evolve and play a leading role in the insurance industry.
Smaragda Karidi and Giorgos Kapoutzidis hosted the evening’s event.
Looking to the Future
The event was opened by the Chairman of the Board of Directors of Ethniki Insurance, Mr. George Kotsalos, with a brief overview of the most significant milestones in the company’s history. Referring to Ethniki Insurance’s long-standing contribution to the Greek economy and society, as well as to the new era taking shape following its integration into the Piraeus Group, he emphasized: “Today, Ethniki Insurance is opening a new, significant chapter in its history. This new course aims to combine the rich legacy of the past 135 years with the growth prospects of the future.”
Piraeus Bank CEO Mr. Christos Megalou, who described the acquisition of the historic insurance company as a strategic investment with a long-term horizon.
Addressing the company’s employees, he congratulated everyone who contributed to Ethniki Insurance’s 135 years of uninterrupted operation, noting that: “Ethniki Insurance’s success is based on its people and the relationships of trust they have built over time with their customers.”
At the same time, he emphasized the strategic importance of Ethniki Insurance to Piraeus Bank and the pivotal role of the network of insurance advisors in the organization’s future growth. As he aptly noted: “Great organizations are defined not only by their history, but by their ability to honor the past while simultaneously shaping their future.”
The People Behind 135 Years of Trust
The focus of the evening was on the insurance advisors of the Corporate Sales Network, who stand by policyholders every day, offering guidance and support and building lasting relationships of trust.
The company’s CEO, Mr. Dimitris Mazarakis, highlighted their contribution, stating: “The Corporate Network is and will continue to be a strategic pillar of growth for Ethniki Insurance. We do not view it as a distribution channel, but as one of the most important reasons the company has maintained its position at the top of the market for the past 135 years. Because no other channel can replace the relationship of trust that a professional insurance advisor builds with their client.”
He also made special mention of the significance of the anniversary as a link between the company’s historical journey and the challenges and opportunities of tomorrow. “History has value only when it serves as the foundation for the next step. And for 135 years, Ethniki Insurance has been doing exactly that: evolving, adapting, and moving forward, without losing its identity,” he noted.
Performance Figures That Confirm the Network’s Momentum
The event also featured a presentation on the performance of the Corporate Network, which continued its growth trajectory in 2025, contributing significantly to the achievement of the company’s strategic goals. Specifically, its total revenue increased by 8.2%, a performance significantly higher than the average market growth rate, while in portfolios open to new sales, growth stood at 18%. This positive trend continued into 2026, with double-digit growth rates in key business sectors.
The General Commercial Director of Ethniki Insurance, Mr. George Zervoudakis, congratulated the staff on their contribution to the company’s progress, emphasizing that: “Success is the result of professionalism, consistency, and adaptability. Neither a strong brand nor a success story is enough on its own to put strategy into action. In every successful transformation, the decisive factor is always the people. You are the ones who provide real strength and vision. Together, we will write the next chapter of a company that, after 135 years, continues to evolve and lead the way.”
With a strong legacy spanning 135 years and a clear vision for the future, Ethniki Insurance is entering the next chapter of its history, always keeping people at the center of its activities.