GEO Insurance
A company you can secure your future with
Core Business
Offering a wide variety of insurance solutions to both individuals and businesses is GEO Insurance’s primary goal. Our primary line of business entails offering a broad range of goods and services, such as insurance for life, health, property and casualty, disability, liability, and transportation. Our goal is to make sure that our clients have access to trustworthy coverage and security in a variety of spheres of their personal and professional lives.
Different sides of GEO Insurance
Life insurance
Health insurance
Property and casualty insurance
Disability insurance
Liability insurance
Transport insurance
About the Industry
Insurance is a contract that provides financial protection against losses that may arise from unexpected events. Insurance policies are designed to offer financial compensation to individuals or businesses in the event of property damage, personal injury, or other losses. The insurance industry is a significant contributor to the global economy, providing employment opportunities and contributing to the financial stability of individuals and businesses alike.
Industry Definition
The insurance industry is a sector that provides coverage against the risks of financial loss. The industry is divided into two categories: life insurance and non-life insurance. Life insurance provides coverage against the risk of death or injury, while non-life insurance provides coverage against risks such as fire, theft, and natural disasters.
Global Market Size
The global insurance market is expected to reach $7 trillion by 2025, according to a report by Allied Market Research. The report also states that the non-life insurance segment is expected to have the highest market share during this period. Asia-Pacific is expected to be the fastest-growing region in the insurance market, with an annual growth rate of 6.5% from 2020 to 2025.
Potential Role
GEO Insurance has the potential to play a critical role in the insurance industry. With a focus on customer-centricity and the adoption of digital technologies, GEO Insurance can differentiate itself from competitors and provide innovative solutions to its customers. Additionally, given the increasing focus on environmental risks, GEO Insurance can develop products that provide coverage against climate-related risks, such as floods and wildfires.
Invest on GEO Insurance's projects
Are you looking for an investment opportunity in the rapidly growing insurance industry? Look no further than GEO Insurance, your one-stop shop for all your insurance needs.
We specialize in offering Life, Health, Property and Casualty, Disability, Liability, and Transport insurance to individuals and businesses alike. With a proven track record of delivering exceptional coverage and service, we are poised for even greater success in the years to come.
We believe that our success is driven by our commitment to our customers, our employees, and our community. We are dedicated to providing comprehensive coverage at competitive rates, and we are constantly looking for ways to improve our offerings and streamline our operations.
We are now seeking investors who share our passion for excellence and who are interested in becoming a part of our success story. By investing in GEO Insurance, you will be joining a team of dedicated professionals who are committed to delivering the best possible products and services to our customers.
Don’t miss out on this exciting opportunity to be a part of the thriving insurance industry. Contact us today to learn more about investing in GEO Insurance.
GEO HOLDING
ADVISORY BOARD
Nika Javakhishvili
Legal Advisor
Ana Kalandadze
Marketing Advisor
Davit Qobuladze
Financial Advisor
Mariam Tsereteli
Mariam Tsereteli
Giorgi Kartvelishvili
Technology Advisor
Natia Meskhi
Operations Advisor
Levan Gogoladze
Strategy Advisor
Tamar Lomidze
Customer Experience Advisor
Join GEO Insurance's Boards
GEO Insurance is seeking experienced, innovative, and talented individuals to join our leadership team. We believe that our success is a direct result of the quality of our people. Therefore, we are actively seeking individuals who are passionate about the insurance industry and who have the knowledge, skills, and experience necessary to drive our company forward.
As a member of our leadership team, you will have the opportunity to play a key role in shaping the future of our company. You will work with a dynamic group of professionals who are dedicated to providing the best possible insurance products and services to our clients. Additionally, you will have the opportunity to work in a fast-paced environment that values innovation, creativity, and collaboration.
At GEO Insurance, we believe in providing our employees with the tools and resources necessary to succeed. We offer a competitive salary, comprehensive benefits package, and opportunities for professional development and advancement. If you are interested in joining our leadership team and playing a key role in the future of our company, we invite you to submit your resume and cover letter for consideration
Why Georgia?
Georgia offers several advantages and opportuniĥties for the insurance industry, making it an attractive location for companies like GEO Insurance.
- Strategic Location: Georgia’s location between Europe and Asia, at the crossroads of major transportation and trade routes, provides a significant advantage for insurance companies looking to expand their market reach.
- Favorable Business Environment: Georgia has a liberal economy, with a favorable business environment that encourages foreign investment. The country has implemented several reforms to improve its ranking in the World Bank’s Doing Business report, making it easier for companies to operate and do business in the country.
- Low Taxes: Georgia has a low tax rate, with a flat income tax rate of 20%. This makes it an attractive destination for companies looking to reduce their tax burden and increase their profits.
- Growing Economy: Georgia’s economy has been growing steadily in recent years, with a growth rate of 5.2% in 2019. This growth is expected to continue in the coming years, providing opportunities for insurance companies to tap into a growing market.
- Large Uninsured Population: Georgia has a large uninsured population, with only about 10% of the population currently covered by insurance. This presents an opportunity for insurance companies like GEO Insurance to expand their customer base and increase their market share.
- Government Support: The Georgian government has shown a strong commitment to the development of the insurance industry, implementing several policies and initiatives to support its growth. For example, the government has launched a state insurance program for low-income households, providing opportunities for insurance companies to partner with the government and expand their market reach.
- Skilled Workforce: Georgia has a well-educated and skilled workforce, with a high literacy rate and a large pool of talented professionals. This provides insurance companies with access to a talented and capable workforce to support their operations and growth.
Conclusion
GEO Insurance is a dependable supplier of insurance goods and services, meeting the various requirements of both people and companies. In addition to life and health insurance, we also provide property and casualty, disability, liability, and transport insurance. GEO Insurance is devoted to assuring our customers’ financial stability and peace of mind by providing dependable protection and customized solutions.
For More Information
Address
No. 7, Robakidze Ave, Tbilisi, Georgia
Phone
+995 596 896 000
info@geoholding.ge