VIS Insurance Ltd (VIS) is one of Iceland’s leading providers of non-life insurance services, offering a broad range of insurance products for individuals, families, companies, institutions and municipalities.

VIS was established on 5 February 1989 when two insurance companies merged – Brunabotafelag Islands (The Icelandic Fire Insurance Company) and Samvinnutryggingar (Samvinn Insurance). The former was founded in 1917 to operate property fire insurance in accordance with Icelandic law on property fire insurance, while the latter was a traditional non-life insurer, established in 1946 by Samband íslenskra samvinnufélaga (Federation of Iceland Cooperatives Societies).

VÍS positions itself as full service provider, focusing on quality and flexibility for its customers. The company employs about 200 people and 30 service agents, and runs an extensive service network with 42 branches nationwide. Furthermore, VIS operates claims services centres in Kopavogur and Egilsstadir, and a call center within its Reykjavik headquarters.

VIS operates closely with its daughter company, Líftryggingafelag Islands hf – Lifis – which is located within VIS headquarters and offers life insurance, other health related insurance products and pension/investment products. 

Under the EEA passporting legislation, VIS is authorised to write insurance business in respect of risks situated within a number of European countries, including the Nordic countries, the Baltic and UK.

02.08.2011

Sigrún Ragna Ólafsdóttir has been appointed CEO of VÍS

The board of directors have appointed Sigrún Ragna Ólafsdóttir, CFO at Islandsbanki, as the new CEO of VIS Insurance Ltd.,from September 1, 2011.

Ms Ólafsdóttir joined Glitnir banki at the end of 2007 as Executive Director of Finance and was appointed Managing Director of Finance and Operations in October 2008. Ms Ólafsdóttir assumed her current role of Chief Financial Officer on July 1, 2010.  Prior to joining the bank she worked for Deloitte where she served as Chairman and Partner.  She has extensive experience in the Icelandic financial market, having worked with various companies in a variety of industries.

Ms Ólafsdóttir holds an MBA degree from Reykjavik University and a Cand. Oecon. degree in Business Administration from the University of Iceland and is a State Authorised Public Accountant.