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Atlantic Insurance Cyprus
Atlantic Insurance Company Public Ltd is a Cypriot-owned, Stock-Exchange-listed general insurer, in business since 1983. Here is an honest broker's profile: who owns it, how financially strong it is, its motor cover, offices, contact details, and how it compares against the whole market.
DigiCare is an independent insurance broker. We are not affiliated with, endorsed by, or an agent of Atlantic Insurance. This profile is editorial: we describe Atlantic factually and compare it against 10+ Cyprus insurers so you can see where you get the best value.
COMPANY AT A GLANCE
Cypriot-owned general insurer
Motor, home, health and business cover since 1983
- Founded in Cyprus
- 1983
- Ownership
- Cypriot, family-controlled
- Listed
- Cyprus Stock Exchange, since 2000
- Offices
- Nicosia, Limassol, Larnaca, Paphos
WHO IS ATLANTIC
Who is Atlantic Insurance in Cyprus?
Atlantic Insurance Company Public Ltd is a Cypriot-owned general insurer founded in 1983, with its head office in Strovolos, Nicosia. It has been listed on the Cyprus Stock Exchange since 2000 and describes itself as one of the leading general insurance companies in Cyprus.
Atlantic is family-controlled, led by chief executive Emilios Pyrisis, with members of the Pyrisis family across its board. It is registered with the Cyprus Registrar of Companies as HE 20008, incorporated on 19 July 1983. By its own account it serves more than 50,000 customers, offers over 50 products and works with more than 110 agents and collaborators. Those last figures are self-reported by Atlantic, useful for scale but not an independently audited record.
"General insurer" means it writes non-life cover: motor, property, medical, travel and business risks, rather than life or pensions. The Insurance Association of Cyprus lists Atlantic with seven authorised classes, which marks it as a focused general insurer rather than a universal one.
Atlantic runs a physical branch network, with its head office in Nicosia and branches in Limassol, Larnaca and Paphos. That traditional, walk-in model sets it apart from the digital-only insurers in the Cyprus market. As an independent broker, DigiCare can quote you across many Cyprus insurers, Atlantic included, so you compare a strong local insurer against the wider market.
Atlantic at a glance
- Type
- General (non-life) insurer
- Founded
- 1983 (HE 20008)
- Listed
- Cyprus Stock Exchange, since 2000
- Regulator
- Superintendent of Insurance (ICCS)
FINANCIAL STRENGTH
Is Atlantic Insurance reliable?
Yes. Atlantic Insurance is one of Cyprus's financially strongest general insurers: a Cyprus-Stock-Exchange-listed public company supervised by the Superintendent of Insurance, reporting a solvency ratio of 249% at the end of 2024, a record 2025 profit of 20.3 million euros, and an uninterrupted dividend every year since 2019.
249%
Solvency ratio (2024)
€20.3M
Profit after tax (2025)
€81.1M
Shareholder equity (2025)
27.35%
Return on equity (2025)
These figures come from Atlantic's published financial results. A solvency ratio of 249% means the company holds roughly two and a half times the capital its regulator requires, which is the clearest single signal that an insurer can pay claims even in a bad year. Shareholder equity grew from 38.6 million euros in 2019 to 81.1 million euros in 2025, and the dividend rose every year across that period.
Cyprus Stock Exchange lists Atlantic as a public company, and the Superintendent of Insurance supervises the solvency of every licensed Cyprus insurer.
WHY THIS MATTERS
A financially strong insurer is only half the decision. As a broker, DigiCare weighs Atlantic's strength against other insurers' prices and terms, and stays on your side at claim time, so you get both security and value.
CAR INSURANCE
What does Atlantic car insurance cover?
Motor insurance is Atlantic's flagship line. It sells a five-step ladder, from the legal minimum up to its top Comprehensive Executive policy, and every motor policy includes free 24-hour road assistance and accident care through the Atlantic Rescue Line.
| Cover | Third PartyLegal min | TP PlusTP+ | Fire & TheftTPFT | ComprehensiveFull | ExecutiveTop tier |
|---|---|---|---|---|---|
| Injury or damage you cause to others (legal minimum) | |||||
| Free 24/7 road assistance and accident care | |||||
| Windscreen and glass | €300 | €350 | €350 | Unlimited | |
| Fire and theft of your own car | |||||
| Accidental damage to your own car, even at fault | |||||
| Personal accident for named drivers | €20k | €20k | €20k | Up to €60k | |
| No Claim Bonus Protection and natural perils |
In Cyprus, third-party liability motor insurance is mandatory under the Motor Vehicles (Insurance and Civil Liability) Law of 2000 (Law 96(I)/2000), with statutory minimums of 38.6 million euros for bodily injury and 1.3 million euros for property damage per claim. Every legal insurer, Atlantic included, must be authorised by the Insurance Companies Control Service, and the Motor Insurers' Fund of Cyprus compensates victims of uninsured or untraced drivers.
Atlantic's top Comprehensive Executive tier adds eleven benefits, including personal accident cover up to 60,000 euros, unlimited windscreen glass that does not affect your no-claims bonus, No Claim Bonus Protection, natural-perils cover and a replacement hire car for up to four weeks. Exact terms sit in the policy document, so always read the IPID for your quote.
COST
How much does Atlantic car insurance cost?
Atlantic does not publish fixed motor prices; you get a tailored quote. As a Cyprus market guide, third-party-only cover starts from about 180 euros a year, and full comprehensive typically runs 400 to 750 euros a year. A directory that tracks Cyprus insurers describes Atlantic as competitively priced.
These are average Cyprus market rates, not Atlantic's own published prices.
Your premium depends on your age, the country that issued your licence, your no-claims history, your vehicle group and where you live. The cheapest quote is not always the best value: check the excess (the part of a claim you pay yourself), the exclusions, the glass limit, the road-assistance cover, and whether documents and claims support come in English. Atlantic also gives a multi-policy discount if you insure a second car or your home with it.
Get a real comparison quoteWAYS TO SAVE
Multi-policy
Atlantic reduces your premium if you insure a second car, or your home, with the same company.
No-claims history
A clean claims record lowers your premium, as with any Cyprus insurer, and Atlantic can protect your bonus on its top tier.
Compare first
A broker checks Atlantic against 10+ insurers, so a single quote never quietly becomes an overpayment.
PAY & CLAIM
How to pay, claim and manage your Atlantic policy
Atlantic customers manage their cover through the MyAtlantic online portal and pay by SEPA Direct Debit, e-banking or card. To claim, you submit Atlantic's claim form and call the 24-hour Atlantic Rescue Line on 77772424 for road assistance or accident care.
1
Log in to MyAtlantic
Use the MyAtlantic online portal to view your documents, check your cover and pay your premium.
2
Pay your premium
Atlantic accepts SEPA Direct Debit, e-banking and card payments.
3
Report a claim
Download and submit Atlantic's claim form with your policy and accident details as soon as you can.
4
Call the Rescue Line
For a breakdown or accident, call the 24-hour Atlantic Rescue Line on 77772424 for road assistance and accident care.
Buying direct, you handle every step with the insurer alone. With a broker, you have one point of contact for paperwork and claims, whichever insurer you are placed with, and someone to push for a fair, fast settlement.
OFFICES & CONTACT
Atlantic Insurance offices and contact details
Atlantic runs a head office in Strovolos, Nicosia, with branches in Limassol, Larnaca and Paphos. You can walk into an office in every main city, which sets it apart from digital-only insurers.
The general line is 22886000 and the 24-hour Atlantic Rescue Line is 77772424. Documents and payments run through the MyAtlantic online portal.
Prefer to speak to someone in English, Greek or Russian who can also compare other insurers for you?
Get your free comparison quoteContact details are published by Atlantic and shown here for reference. Atlantic's branches carry public Google ratings that vary by office; check the current rating for your nearest branch. Branch phone numbers are from Atlantic's contact page.
- Head office
- 15 Esperidon Street, Strovolos 2001, Nicosia
- General line
- 22886000
- 24h Rescue Line
- 77772424
- atlantic@atlantic.com.cy
- Branches
- Nicosia, Limassol, Larnaca, Paphos
- Online portal
- MyAtlantic (myatlantic.com.cy)
PROS & CONS
Atlantic Insurance pros and cons
What works
- A financially strong, Stock-Exchange-listed insurer with a 249% solvency ratio and an uninterrupted dividend since 2019.
- A physical branch in every main city, with multilingual, walk-in service.
- Free 24-hour road assistance and accident care on every motor policy.
- A five-tier motor ladder that lets you match cover to your car and budget.
What to watch
- Buying direct, you see one insurer's quote, not the wider market.
- No published prices, so you cannot compare value without asking for a quote.
- Direct customers have no independent broker to argue their corner at claim time.
- A strong balance sheet does not guarantee the cheapest premium for your profile.
Atlantic is a strong, reputable local insurer, and for many drivers it may well be the best fit. The point is that you only know that after comparing. A broker shows you several real quotes, then stays on your side at claim time.
BROKER ALTERNATIVE
Atlantic direct, or compare with DigiCare?
Buying from Atlantic directly gets you one strong insurer's quote. DigiCare is an independent broker: we compare Atlantic against 10+ Cyprus insurers, advise in plain English, Russian or Greek, and advocate for you at claim time, often for the same or a lower net premium.
- Real quotes from 10+ Cyprus insurers in one step
- Advice in English, Russian and Greek
- Claims advocacy on your side
- A strong local insurer weighed against the whole market
5.0 on Google
FAQ
Atlantic Insurance Cyprus: FAQ
Quick answers to the questions people ask about Atlantic, plus how a broker can help.
+357 26 221 666Yes. Atlantic Insurance Company Public Ltd is Cypriot-owned and family-controlled, founded in 1983 and registered as HE 20008. Its head office is in Strovolos, Nicosia, and it has been listed on the Cyprus Stock Exchange since 2000.
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Call usEDITORIAL DISCLOSURE
DigiCare is an independent insurance broker authorised by the Insurance Companies Control Service. We are not affiliated with Atlantic Insurance. Financial figures marked as published results come from Atlantic's own investor materials; the founding date and registration number are from the Cyprus Registrar of Companies, and the authorised classes from the Insurance Association of Cyprus. Legal minimums are set by Cyprus law and its regulators. We do not invent review scores.