Zavarovalnica Triglav

[2] It is the largest insurance company in Slovenia with a market share of 36%,[3] and has subsidiaries in Croatia, Bosnia and Herzegovina, Serbia, Montenegro and North Macedonia.

Its first president and one of its founders was Ivan Vencajz, member of Austrian empire council, lawyer and judge.

[4] During the first few years, Triglav encountered multiple difficulties due to the negative reaction of rival insurance companies to its foundation.

[4] After the end of World War I, Triglav faced high inflation and loss of portfolio.

After the start of World War II and subsequent occupation of Slovenia, the vast majority of Slovenian insurance businesses were forced to transfer their clients to their Austrian, Italian and German counterparts.

[4] In early 2000s, Triglav began intensive business expansion by entering the banking sector through acquisition of Abanka d.d.

[4] In 2000, the subsidiary was established in Brno, the Czech Republic, and in 2001 it expanded its operations into Bosnia and Herzegovina.

In the following years, numerous insurance businesses all over the Southeastern Europe joined Triglav Group either through acquisitions or mergers.

As a result, the Triglav Group has emerged as the leading provider of mutual funds in the Slovene market, and that has further strengthened its assets management activity, which is its second strategic business pillar in addition to insurance.

Insurance is the primary business of twelve of those companies, four of them are asset management firms and eleven conduct other operations, ranging from advising to car maintenance.

Currently, the company is present in Slovenia, Croatia, Serbia, Montenegro, Bosnia and Herzegovina and North Macedonia.

In the management board, there are also Barbara Smolnikar, Tadej Čoroli, Uroš Ivanc and Marica Makoter, who is also the employee representative.