DZI (company)
From Wikipedia, the free encyclopedia
DZI (/'dɛ.'zɛ.'i/), officially the State Insurance Institution (Bulgarian: Държавен застрахователен институт, Darzhaven zastrahovatelen institut) is a Bulgarian financial group primarily engaged in various forms of insurance and banking.
DZI was founded in 1946 through the merger of all 19 Bulgarian insurance companies of the time and the 11 agencies of foreign companies, and was a monopolist in all insurance spheres until 1961, when Bulstrad was established, but continued to dominate the internal insurance market until the democratic changes in 1989.
The company was split into several entities in February 1997 and privatized on 27 August 2002, when it was acquired by businessman Emil Kyulev for €21.5 million. Today DZI has 114 offices in all parts of Bulgaria.
DZI is headquartered in a six-storey monument of culture building in the centre of the capital Sofia built 1914-1926 by architect G. Fingov.[1]
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