EULER HERMES HELLAS

 

 

Euler Hermes Hellas, Branch of Euler Hermes SA, operates exclusively in Credit Insurance.


The company was founded in 1996 under the name Phoenix  Credit  Insurance  SA, with the collaboration and the capital participation of Emporiki Bank of Greece Group, Euler Group and Hermes Group.
 
In 2002, Euler and Hermes merged, creating Euler Hermes, the largest Credit Insurance Group worldwide, with 35% global market share today and over 2 billion euros consolidated turnover.
 
In 2004, the strategic shareholder Euler Hermes increased its participation and now holds 60% of the capital shares, while at the same time assuming the administrative responsibility of the company. Simultaneously, the change of name from Phoenix Credit Insurance SA to Euler Hermes Emporiki was decided.
 
In 2013, the strategic shareholder Euler Hermes increased even more its participation and the company’s name change again to Euler Hermes Hellas, whereas in 2017 the company became Branch of Euler Hermes SA with the name Euler Hermes Hellas, Branch of Euler Hermes SA.
 
The central offices are situated in Athens, while for better service of its customers in Northern Greece, there are offices in Thessalonica as well. Together with its affiliated company, Euler Hermes Hellas Services, 50 highly educated and experienced  professionals  are  employed.
 
Euler Hermes is the largest Credit Insurance Group worldwide, with 35% global market share today, 2.6 billion euros consolidated turnover and rated AA by Standard & Poor’s. 

Today, the growth of synergies, but also the daily transfer of know - how and expertise, results in Euler Hermes Hellas operating according to global standards; this guarantees that the quality of services will be improved continuously and that the receivables management needs of any enterprise will be covered completely.
 

Our Vision

 
We contribute to the secure business growth through our unparalleled experience and knowledge, and to the development of Credit Insurance in Greece and Cyprus.
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