History

Salva Kindlustus was established in 1993 and is the only Estonian-owned non-life insurance company in the world. Since the beginning of its activities until the present, the majority of shares have been controlled by Estonians and Estonian capital – this allowed us to develop into a stable and reliable insurance company that is based on local conditions and the needs of its customers.

Historical facts about Salva:

  • Salva Kindlustus commenced in 1993 by offering the mandatory motor TPL insurance. In 2014, Salva offers more than 15 different insurance products to its customers.
  • Salva Kindlustus commenced its activities in 1993 in the office located in Pärnu mnt, Tallinn. In 2014, we have 20 representative offices and sales facilities across Estonia.
  • In the last 21 years, Salva has paid to its customers as compensation almost 130 million EUR and helped to settle 110,000 loss events.
  • Salva had 11 employees at the end of 1993. In 2014, it has almost 130 full-time employees.

2013

Salva commenced offering its services via the e-channel www.salva24.ee also in Russian and English. In addition, Salva opened the first e-sales environment for apartment associations in Estonia. It collected insurance premiums within the amount of 15.5 million EUR and had 128 employees.

2012

Salva launched a state-of-art customer-friendly e-channel www.salva24.ee that gives the opportunity to purchase travel, home and vehicle insurance under favourable conditions.

It collected insurance premiums within the amount of 15.5 million EUR and had 134 employees.

2011

Salva was the first in Estonia to offer insurance for Apple equipment and opened new insurance sales terminals in Tartu and Pärnu.

It collected insurance premiums within the amount of 15.2 million EUR and had 129 employees.

2010

Salva commenced the sale of home insurance on its homepage www.salva.ee/kodu24.

It collected insurance premiums within the amount of 258 million kroons and had 139 employees.

2009

Salva commenced the on-line sale of motor TPL insurance on its homepage www.salva.ee/liiklus24.

It collected insurance premiums within the amount of 274 million kroons and had 140 employees.

2008

Salva launched a new free service to its motor TPL insurance and vehicles insurance customers – so-called Salva Autoabi.

It collected insurance premiums within the amount of 347 million kroons and had 148 employees.

2007

By the year-end, 362 million kroons of insurance premiums were collected, the company employed 149 workers.

2006

By the year-end, 365 million kroons of insurance premiums were collected, the company employed 144 workers.

2005

By the year-end, 313 million kroons of insurance premiums were collected, the company employed 137 workers.

2004

By the year-end, 255 million kroons of insurance premiums were collected, the company employed 130 workers.

2003

By the year-end, 223 million kroons of insurance premiums were collected, the company employed 120 workers.

2002

By the year-end, 161 million kroons of insurance premiums were collected, the company employed 111 workers.

2001

Salva acquired a licence for railroad rolling stock insurance.

By the year-end, 113 million kroons of insurance premiums were collected, the company employed 96 workers.

2000

By the year-end, 79 million kroons of insurance premiums were collected, the company employed 86 workers.

1999

By the year-end, 68 million kroons of insurance premiums were collected, the company employed 78 workers.

1998

By the year-end, 56 million kroons of insurance premiums were collected and the company employed 71 workers.

1997

Salva acquired licence for ship insurance, ship liability insurance, aircraft insurance, aircraft liability insurance and warranty insurance.

Salva Kahjukäsitluse OÜ was established.

By the year-end, 71 million kroons of insurance premiums were collected and the company employed 71 workers.

1996

By the year-end, 59 million kroons of insurance premiums were collected and the company employed 37 workers.

1995

Salva acquired a motor vehicle liability insurance (carrier insurance).

By the year-end, 35 million kroons of insurance premiums were collected and the company employed 32 workers.

1994

By the year-end, 13 million kroons of insurance premiums were collected and the company employed 22 workers.

1993

On 15 March 1993, an insurance company Salva Kindlustuse AS was established based on Estonian private capital. The company started its business activities on 1 June of the same year. During the year of 1993, Salva acquired a licence for providing traffic, cargo, fire and natural disastersÿ and other propertyÿs, land vehiclesÿ (travel) accidentsÿ and general responsibility insurance.

By the year-end, 2 million kroons of insurance premiums were collected and the company employed 11 workers.