The Company

Ypera Insurance Co. Ltd began operations in July 2002, under the name of Ydrogios Insurance Company (Cyprus) Ltd. Ypera is an insurance Company duly registered in Cyprus in accordance with the provisions of Cypriot Law, and the regulations and directives of the European Union.

Ypera, then known as Ydrogios, obtained its operating license on March 12, 2003, under the then-applicable European Directives. Since then, Ypera has held a prominent position in the insurance landscape of Cyprus and remains a strong, reliable, yet human-centric insurance company.

Ypera's workforce consists of more than 65 individuals and over 140 qualified professional associates/intermediaries throughout Cyprus. Serving its diverse clientele from its 5 branches, Ypera offers pioneering and innovative products tailored to the current demands and needs of the European citizen.

Business Philosophy

From the very beginning, Ypera has eliminated “fine print” and, with respect to the insurance public, provided insurance products with transparent coverage. Ypera isn't solely focused on profits; but also implements its own social policy by offering assistance to those in need and supporting cultural endeavors. Always with Ethics and Transparency at the forefront.

Ypera’s aim isn't to become the largest insurance company in Cyprus, but to be acknowledged as the best in the region.

•Providing top-quality products to the domestic market is essential, as is maintaining professionalism and delivering impeccable services.

•Continuously investing in a good reputation is key.

In our pursuit of these goals, Ypera remains unwavering in its commitment to its principles.

Principles & Values



Customer-centered Philosophy

Our Mission

Ypera’s mission is to offer reliable and customer-centric insurance products of high quality, perfectly aligned with the modern, changing, and demanding environment.

Ypera’s vision is to dynamically and responsibly contribute to safeguarding the long-term prosperity of individuals and businesses.

Through our 5 branches and having established an extensive, modern, and reputable network of representatives operating throughout  Cyprus, we stand by our customers, providing excellent service.

Financial Data

Ypera Insurance is consistently ranked among the healthiest companies in the General Insurance Sector in Cyprus.

At a time of general instability and uncertainly, Ypera Insurance has managed to avoid exposure to risks for years now, in favour of the interests of its stakeholders, clients, and partners.

Solvency and Financial Condition Report

Our Reinsurers

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