Since 12.01.2016 a new participant has joined the insurance market in Bulgaria.

NOVA Ins. has been established after the acquisition of UBB - AIG by BULSTRAD VIENNA INSURANCE GROUP.

NOVA Ins. is the result of a key transaction between BULSTRAD and UBB, one of the largest retail banks in Bulgaria, aimed at opening new partnership opportunities in the field of bank insurance. With its 55 years of experience and a leadership position on the insurance market, Bulstrad will continue to offer a wide range of insurance solutions and new attractive insurance covers to a broader spectrum of clients.

For the numerous clients of UBB - AIG /now NOVA Ins./, it is important to note that the terms and conditions of the insurance policies will remain unchanged and the policies will continue to be serviced at the branches of UBB across the country.

NOVA Ins. EAD will operate as an independent company, having its seat and registered office in the city of Sofia, Triaditsa district, 5 Positano Sq.

The new company is part of the strategy of BULSTRAD VIENNA INSURANCE GROUP for expanding its activities in Bulgaria and strengthening its sales potential through distribution of multiple brands and various distribution channels.

The Management Board of

ZAD BULSTRAD VIENNA INSURANCE GROUP

Bulstrad Vienna Insurance Group AD Sofia issued this content on 2016-01-12 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-18 16:05:02 UTC

Original Document: http://www.bulstrad.bg/en/snews/nova-ins,-the-strategic-bank-insurance-project--of-bulstrad-vienna-insurance-group