Cyberattacks Cause Significant and Often Irreversible Damage

In an interview for NOVA, Rozalia Trifonova—Director of the Sofia Corporate Center at LEV INS AD—emphasized that businesses are increasingly recognizing the need for protection in the digital environment. The company offers modular solutions that cover a wide range of risks—from data breaches and cyber extortion to legal expenses and system recovery.

At the same time, the most sought-after products on the market remain those in the motor insurance segment—Motor Third Party Liability and Motor Hull (Casco). However, there is a noticeable increase in demand for property insurance, particularly in connection with the growing volume of credit agreements and the rising frequency of natural disasters. Interest is also growing in liability insurance, voluntary health insurance, and combined products that address multiple risks according to clients’ specific needs.

The Bulgarian insurance market continues to demonstrate steady growth, driven by the adoption of innovative solutions. Insurance brokers play a key role in this process, making insurance more accessible and understandable through their networks and online platforms. This is a business built on trust.

LEV INS AD designs its products to function effectively in the event of a risk occurrence—with clear terms, simplified processes, and practical assistance that reduces the operational burden for the client. Insurance coverage is easily accessible both through the company’s digital channels and its extensive partner network, ensuring fast and reliable protection when it is most needed.

More details from her interview are available here.