Insurance in Paphos. Affordable insurance in Paphos.

Insurance Paphos - A complete guide

In this detailed guide to insurance in Paphos, we will examine the common types of insurance contracts you can buy in the coastal city in the southwest of the island.

Specifically, we will present the two categories of which these insurances are classified: individual and business insurance.

We will also provide the costs of most insurance contracts, i.e., the ranges, averages and minimums and suggest clever ways to decrease the price of your premiums.

Following our advice outlined in this guide, you can save hundreds or potentially thousands on your insurance in Paphos.

Table of contents

Types of insurances in Paphos
How much is insurance in Paphos in 2023?
How to save on your insurance
Affordable insurance in Paphos
Online insurance Paphos
Best insurance Paphos
Insurance in Paphos quotes

Types of insurances

Insurances provided in Paphos can be classified into the following main categories:

Personal (individual) insurance
Business insurance

We will present these two types of insurance and the various coverages within these categories in the following section of our guide.

Personal insurance policies

Life Insurance
Home Insurance
Car Insurance
Health Insurance
Travel Insurance
Boat Insurance
Personal Accident Insurance
Critical Illness Insurance
Income Protection Insurance
Immigration Health Insurance

Life Insurance

Life insurance is an invaluable insurance option for those wanting to financially protect their family or beneficiaries after they’ve passed away.

Your life insurance will provide you peace of mind and your loved ones with a financial security blanket to cover living expenses and to pay any debts, medical care costs, or final expenses.

Life Insurance Paphos

To read our complete guide about life insurance in Cyprus, see here.

Home Insurance

There are many types of home insurance policies available to buy in Paphos, including the following:

Home insurance
Landlords insurance
Content insurance
Holiday home insurance

Home insurance

Home insurance policies are designed for people who permanently live in one place of residence.

Most standard home insurance is designed to cover specific damage and loss, including liability coverage, but those policies have limits.

Separate policies can cover exclusions, such as all-risk and professional equipment insurance.

Landlords insurance

Landlord insurance is designed to protect a rented property and contains various coverages, including personal liability.

As a landlord, if you face a damage or injury claim, liability coverage can help to cover your legal expenses.

For landlords, third party liability insurance is required in Cyprus.

Content insurance

Contents insurance, sometimes known as personal property insurance, provides financial protection if covered reasons damage your home or belongings.

Most contents insurance in Paphos covers regular household items, such as furniture, electrical items, and personal belongings.

Holiday home insurance

45% of holiday homes in Cyprus are located in Paphos.

Unlike home insurance, holiday home insurance insures a property that isn’t used as the owner’s primary place of residence.

Holiday home (or second home) insurance is suited for those who use their holiday home in Cyprus while travelling.

For holiday home owners, third party liability insurance is required in Cyprus.

Home Insurance Paphos

Read our complete guide to home insurance in Cyprus to find out more, see here.

Car Insurance

There are three main categories of car insurance in Paphos.

Third-party liability
Third-party, fire and theft
Comprehensive

Third-party car insurance in Paphos

Third-party liability car insurance is required by Cypriot law.

This coverage exclusively covers the other driver’s expenses and third-party property damage, injury and death if you are involved in a car accident involving another vehicle.

Any passengers and other drivers in your vehicle are also covered in the event of an accident.

Third-party, fire and theft insurance in Paphos

Third-party, fire and theft insurance covers everything a standard third-party liability policy does, with some exceptions.

This type of insurance also goes into effect to pay for any damage expenses if your car or vehicle is damaged in a fire or stolen.

Comprehensive car insurance in Paphos

Fully comprehensive car insurance in Paphos provides identical coverages to the previous two policies and covers natural disasters, such as hurricanes, floods, storms, and earthquakes.

It also covers vehicle damages caused by a car accident, regardless of who was at fault.

Car Insurance Paphos

Read our complete guide to car insurance in Cyprus to find out more, see here.

Health Insurance

Health insurance in Paphos goes into effect to cover healthcare expenses if you suffer from a disease or bodily injury accident.

In some cases, the insurance company will pay for these costs upfront. In other cases, you should pay for the expenses to later be compensated by the insurance company when you provide proof of purchase.

Health Insurance Paphos

To read our complete guide to health insurance in Cyprus, see here.

Travel Insurance

Travel insurance in Paphos is designed to cover the risks and financial losses that could occur while travelling.

There are many different covered losses, such as minor inconveniences like missed connections and severe issues like trip cancellations.

Travel Insurance Paphos

To read our complete guide to travel insurance in Cyprus, see here.

Boat Insurance

Boat insurance is made to protect you and your boat against liability and damages in the event of an accident, including third-party injury or damage to another’s property.

Many types of watercraft are covered by boat insurance, including motorboats, sailboats, and jet boats, whether private or commercial.

Boat Insurance Paphos

To read our complete guide to boat insurance in Cyprus, see here.

Personal Accident Insurance

Self-employed people and businessmen in Paphos should consider acquiring personal accident insurance. It’s an indispensable insurance product for those who work for themselves.

This insurance coverage can provide you with a steady source of income if you become temporarily or permanently unable to work.

Personal Accident Insurance Paphos

To read our complete guide to personal accident insurance in Cyprus, see here.

Critical Illness Insurance

Critical illness coverage is invaluable insurance to carry if you experience an unforeseen medical event.

This coverage goes into effect to pay for treatment if you are diagnosed with a critical medical condition that requires attention.

Critical Illness Insurance Paphos

To read our complete guide to critical illness in Cyprus, see here.

Income Protection Insurance

Self-employed people and businessmen should consider purchasing income protection insurance.

This valuable coverage can provide a steady source of income if you become either temporarily or permanently unable to work.

Income Protection Insurance Paphos

To read our complete guide about income protection in Cyprus, see here.

Immigration Medical Insurance

You must buy immigration insurance if you are moving to Cyprus.

Immigration medical insurance is a mandatory policy for most EU citizens aiming to live or work in Cyprus and for all non-EU citizens applying for residency status.

Immigration Medical Insurance Paphos

To read our complete guide about immigration medical insurance in Cyprus, see here.

Business insurance in Paphos

D&O Insurance
Cyber Insurance
Marine Insurance
Business Insurance
Group Health Insurance
Employers Liability Insurance
General Public Liability Insurance
Professional Indemnity Insurance

D&O Insurance

Directors and officers insurance is a crucial insurance product for businessmen in Cyprus.

D&O insurance protects you or your company from claims regarding actual or alleged wrongful acts in the management of your company.

This insurance commonly helps to cover the costs of lawsuits, settlement expenses, and other fees associated with D&O claims.

D&O Insurance Paphos

To read our complete guide to D&O insurance, see here.

Cyber Insurance

Cyber insurance can provide lifesaving coverage for companies engaging with online services and those who handle their customers’/clients’ sensitive data.

It’s indispensable for companies providing technology services to third parties.

Cyber Insurance Paphos

To read our complete guide to cyber insurance in Cyprus, visit our website here.

Marine Insurance

Marine insurance is meant to cover any damage or loss of goods and property that are shipped from one place to another, as per contract terms.

Covered goods and property can be shipped in various ways. Despite its name, multiple forms of transport are covered. You can read more about marine insurance in our article below.

Marine Insurance Paphos

To read our complete guide to marine insurance in Cyprus, see here.

Business Insurance

Business insurance (or commercial insurance) is made to protect a company from the financial losses that can arise from covered events.

It’s invaluable insurance for your business and covers risks such as professional errors, theft, cyber-attacks, property damage, and lawsuits.

Business Insurance Paphos

For more information about business insurance in Cyprus, see our complete guide here.

Group Health Insurance

Group health insurance is an affordable health insurance option that an employer provides to their employees. It provides expenses for healthcare in case of disease or accidental injuries.

The insurance includes cover for inpatient care expenses and will typically include an option for outpatient expenses.

Group Health Insurance Paphos

To read our complete guide to group health insurance in Cyprus, visit our website here.

Employers Liability Insurance

Employers liability insurance provides protection for business owners in Cyprus to cover potential lawsuits arising from employee work-related illness or injury claims.

This coverage can help your business to pay for the legal costs of such circumstances, e.g. lawsuits, attorney fees, and settlements.

Employers Liability Insurance Paphos

To read our complete guide to employers liability insurance in Cyprus, see here.

General Public Liability Insurance

General public liability insurance is a type of business insurance that protects against claims made by the general public (i.e. clients and visitors).

This insurance helps pay for expenses that arise from covered events like medical fees for injuries, or even death, and property damage.

General Public Liability Insurance Paphos

To read our complete guide to general public liability insurance, see here.

Professional Indemnity Insurance

Professional indemnity insurance helps to protect your company from actual or alleged professional mistakes.

This coverage goes into effect to pay for legal costs and potential compensation fees, regardless if you are found responsible for the claim.

Professional Indemnity Insurance Paphos

Read our complete guide to professional indemnity insurance in Cyprus here.

How much is insurance in Paphos in 2023?

The following section of our guide covers the range of insurance premiums for each type of insurance you can expect to find in Paphos.

These statistics exclude abnormally high premiums due to abnormal conditions (i.e. “outliers”).

Personal insurance policies costs in Paphos

Life insurance cost in Paphos

Average life insurance cost in Paphos: €450
Range of life insurance cost in Paphos: €145 - €7000
Minimum life insurance cost in Paphos: €145

For a tailor-made quotation with an accurate cost of your life insurance in Paphos, complete our online questionnaire.

Home insurance cost in Paphos

Average home insurance cost in Paphos: €235
Range of home insurance cost in Paphos: €100 - €1750
Minimum home insurance cost in Paphos: €100

For a tailor-made quotation with an accurate cost of your home insurance in Paphos, complete our online questionnaire.

Car insurance cost in Paphos

Average car insurance cost in Paphos:

Car insurance third party cost: €265
Car insurance comprehensive cost: €475

Range of car insurance cost in Paphos:

Car insurance third party cost: €170 - €450
Car insurance comprehensive cost: €250 - €2500

Minimum car insurance cost in Paphos:

Car insurance third party cost: €170
Car insurance comprehensive cost: €250

For a tailor-made quotation with an accurate cost of your car insurance in Paphos, complete our online questionnaire.

Health insurance cost in Paphos

Average health insurance cost in Paphos (annually): €1450
Range of health insurance cost in Paphos (annually): €780 - €3950
Minimum health insurance cost in Paphos (annually): €780

For a tailor-made quotation with an accurate cost of your health insurance in Paphos, complete our online questionnaire.

Travel insurance cost in Paphos

Average travel insurance cost (7-day single trip): €45
Range of travel insurance cost (7-day single trip): from €20 - €250
Minimum travel insurance cost (7-day single trip): €20

For a tailor-made quotation with an accurate cost of your travel insurance in Paphos, complete our online questionnaire.

Boat insurance cost in Paphos

Average boat insurance cost in Paphos: €950
Range of boat insurance cost in Paphos: €550 - €7000
Minimum boat insurance cost in Paphos: €550

For a tailor-made quotation with an accurate cost of your boat insurance in Paphos, complete our online questionnaire.

Personal accident insurance cost in Paphos

Average personal accident insurance cost in Paphos (annually): €450
Range of personal accident insurance cost in Paphos (annually): €120 - €1600
Minimum personal accident insurance cost in Paphos (annually): €120

For a tailor-made quotation with an accurate cost of your personal accident insurance in Paphos, complete our online questionnaire.

Critical illness insurance cost in Paphos

Average critical illness insurance cost in Paphos (annually): €520
Range of critical illness insurance cost in Paphos (annually): €150 - €2000
Minimum critical illness insurance cost in Paphos (annually): €150

For a tailor-made quotation with an accurate cost of your critical illness insurance in Paphos, complete our online questionnaire.

Income protection insurance cost in Paphos

Average income protection insurance cost in Paphos (annually): €450
Range of income protection insurance cost in Paphos (annually): €120 - €1600
Minimum income protection insurance cost in Paphos (annually): €120

For a tailor-made quotation with an accurate cost of your income protection insurance in Paphos, complete our online questionnaire.

Immigration medical insurance cost in Paphos

Average immigration medical insurance cost in Paphos: €150
Range of immigration medical insurance cost in Paphos: €80 - €275

Minimum immigration medical insurance cost in Paphos:

Plus outpatient expenses: €80
Minus outpatient expenses: €120

For a tailor-made quotation with an accurate cost of your immigration medical insurance in Paphos, complete our online questionnaire.

Business insurance policies costs in Paphos

Directors and officers insurance cost in Paphos

Average directors and officers insurance cost in Paphos: €1200
Range of directors and officers insurance cost in Paphos: €600 - €20,000
Minimum directors and officers insurance cost in Paphos: €600

For a tailor-made quotation with an accurate cost of your directors and officers insurance in Paphos, complete our online questionnaire.

Cyber insurance cost in Paphos

Average cyber Insurance cost in Paphos: €900
Range of cyber Insurance cost in Paphos: €400 - €45,000
Minimum cyber Insurance cost in Paphos: €400

For a tailor-made quotation with an accurate cost of your cyber insurance in Paphos, complete our online questionnaire.

Business insurance cost in Paphos

Average business insurance cost in Paphos: €350
Range of business insurance cost in Paphos: €90 - €2,500
Minimum business insurance cost in Paphos: €90

For a tailor-made quotation with an accurate cost of your business insurance in Paphos, complete our online questionnaire.

Group health insurance cost in Paphos

Average group health insurance cost in Paphos (per employee/monthly): €125
Range of group health insurance cost in Paphos (per employee/monthly): €35 - €450
Minimum group health insurance cost in Paphos (per employee/monthly): €35

For a tailor-made quotation with an accurate cost of your group health insurance in Paphos, complete our online questionnaire.

Employers liability insurance cost in Paphos

Average employers liability insurance cost in Paphos: €250
Range of employers liability insurance cost in Paphos: €90 - €1,750
Minimum employers liability insurance cost in Paphos: €90

For a tailor-made quotation with an accurate cost of your employers liability insurance in Paphos, complete our online questionnaire.

General public liability insurance cost in Paphos

Average general public liability Insurance cost in Paphos: €450
Range of general public liability Insurance cost in Paphos: €200 - €1,500
Minimum general public liability Insurance cost in Paphos: €200

For a tailor-made quotation with an accurate cost of your general public liability insurance in Paphos, complete our online questionnaire.

Professional indemnity insurance cost in Paphos

Average professional indemnity insurance cost in Paphos: €550
Range of professional indemnity insurance cost in Paphos: €200 - €12,000
Minimum professional indemnity insurance cost in Paphos: €200

For a tailor-made quotation with an accurate cost of your professional indemnity insurance in Paphos, complete our online questionnaire.

How to save on your insurance in Paphos

General advice to save on insurance in Paphos

Take our advice as outlined here to save on your insurance in Paphos.

Bundle your policy. You can receive a multiple-policy discount when you buy various policies with one insurance company.
Raise your deductible. You can save money on your insurance by raising your deductible amount.
Work with a specialist expatriate insurance company if you are an ex-pat because they can create a specialised contract for you.
Do not buy from intermediaries. Intermediaries such as lawyers and accountants charge intermediary fees.
Be selective about your coverage. Remove redundant terms and additional add-ons that don’t reflect your personal or professional needs.
Choose family contracts. When possible, choose a family insurance plan over an individual policy. This way, you will avoid paying many contract issuance fees for each family member. Family contracts also carry significant discounts.
Speak with a consultant. Licensed insurance consultants can analyse your needs for free and advise you on saving money ([email protected], Tel. 70070500 (RU/EN).

Tips to reduce your life insurance cost in Paphos

Decreasing insurance. Choose decreasing term life insurance instead of term life insurance if you are paying off a mortgage.
Term life insurance. Term life is significantly cheaper than whole life insurance, so opt for that if you are not interested in the savings and cash value component that whole life provides.
Buy a policy asap. You can easily reduce the cost of life insurance by acquiring a life insurance policy when you are young and healthy.

Tips to reduce your house insurance cost in Paphos

Choose an all-risk insurance contract. All-risk insurance policies can be slightly more expensive but cover 25% more claims.
Insert alarm systems. You can reduce the cost of your home insurance premium by 5% - 10% by having burglar and fire alarm systems on your property.
Protect your belongings in a safe. Proactively reduce the cost of your home insurance by keeping your expensive belongings safe.
Add your maid’s policy under yours. Your maid’s mandatory employer’s liability policy can be covered under your house insurance at a lower premium.
Declare expensive items separately. Provide your insurance provider with invoices presenting the market value of any expensive items you own, such as jewellery. Your premiums may go up, but you are more likely to be paid if you need to file a claim.
Declare the reconstruction value of your property. This amount is always lower than the market value of your property which many insurance agents use to calculate the value of your home. Knowledge of the reconstruction value is necessary in the event of a claim.
Create an itemised list of your belongings. Send an itemised list detailing your belongings for your home’s content insurance application. You will reduce the cost of your premium, and you will be ready if you need to file a claim for any damages and losses.
Buy holiday home or landlord insurance. If you own a holiday home or are renting one, ask for specialist insurance contracts. These contracts have tailored terms for people renting their properties. As a plus, they are much cheaper than standard home insurance policies in Cyprus by around 20%.

Tips to reduce your car insurance cost in Paphos

Cyprus driving licence. Acquire a Cyprus driving licence to receive a lower price for your car insurance.
Bundle your policy. Bundle your car insurance with another insurance contract, like home insurance, to receive a discount.
Add a cover note and remove driver terms. Instead of enabling all drivers from 25 to 70 to drive your car, exclusively declare who else will be driving your car. Add a cover note to your policy if additional drivers will use your car.
Clean driving record. You can receive a discount if you present your non-claim history (evidence of a clean driving record). Ask your previous insurance provider for your non-claim history document.
Use one insurance provider for multiple vehicles. Insuring all of your vehicles with one insurance company makes you eligible to receive an “additional car discount”.

Tips to reduce your health insurance cost in Paphos

Choose local. If you have resided in Cyprus for over six months within one year, get your insurance from a local insurance company instead of an international one.
Check the terms regarding past conditions. Choose an insurance provider that can insure you even if you have suffered from past conditions five years ago.
Don’t opt-in for outpatient expenses. Pick an insurance plan without outpatient expenses if you are registered in GESY, i.e. the general healthcare system of Cyprus.
Group health insurance. Get insured under your employer’s group health insurance policy if you get that option, as it’s always cheaper than buying a personal policy.
Choose a reputable provider. An insurance provider who works with an extended network of clinics in Cyprus can help lower costs. For example, you might need to pay healthcare expenses in advance and wait for the insurance company to compensate you, which can be a problem if the operation is expensive.

Tips to reduce your travel insurance costs in Paphos

Annual plans. Save money if you travel often by acquiring an annual travel policy.
Choose insurance specialists. Don’t choose travel agents to buy your insurance, as this route is more costly.

Tips to reduce your boat insurance cost in Paphos

Check you’re covered across all seasons and circumstances. Your premiums may decrease in the winter while your boat is in storage, but it’s important to check if it will remain covered to avoid any risks.
Prove your watercraft is in good condition. Provide your insurance company with an updated report to prove that you are abiding by all security rules to keep your watercraft in good condition.
Limit navigable waters. If you only use your watercraft in specific countries, for example, Greece and Cyprus, then declare those countries on your policy instead of acquiring coverage for the whole of the Mediterranean Sea.
Drop the insurance terms you don’t need. For example, if you purchased a policy with the expectation that you would use the boat throughout the year and only use the vessel in the summer, then ask about a layup discount for the rest of the year.

Tips to reduce your immigration health insurance cost in Paphos

Choose the lowest premium. All insurance companies in Cyprus must sell immigration insurance with identical terms as it’s a standardised government policy. However, you can try to find one with the lowest premium.
Choose the correct start date for your insurance. Ask your insurer to begin your immigration insurance coverage on the day you meet the immigration authorities in Cyprus to begin the process of moving.
Choose family plans. Opt for a family plan policy instead of an individual one because it will be cheaper.

Tips to reduce your directors & officers insurance cost in Paphos

Choose the correct jurisdiction. Select the specific location for the contract, such as Cyprus.
Bundle coverages. Add directors & officers insurance coverage on your professional indemnity insurance contract.
Don’t choose unnecessary coverage. Drop additional coverages you might not need, such as employment practice liability.
Correctly fill in the application. Answer the questions on the application form with as much detail as possible.
Territorial limits. You can decrease the cost of your insurance significantly if you specify the contract’s territorial limits to the countries you provide your business services.

Tips to reduce your cyber insurance cost in Paphos

Training programs. Have your employees undergo a cybersecurity training program.
Cyber security. Use the services of data protection officers.
Territorial limits. Specify your company’s territorial limits to only those countries where you provide services.
Drop extra coverage. Don’t choose unnecessary coverage you won’t use, such as ransomware and telephone hacking coverage.
Security measures. Implement more computer security measures, such as using multi-factor authentication.

Tips to reduce your business insurance cost in Paphos

Select the right coverage amount. Pick the minimum required covered amount (i.e. €170,000) for employers liability insurance.
Select the right contract choice. Acquire a small business contract if you own a small business, as they are cheaper than the standard plans.
Select the right terms for your contract. Choose a home insurance package if you work from home and insure your professional equipment.
Bundle your policies under one contract. Bundling coverages under one policy is significantly cheaper than coverages in separate ones. The standard business insurance contract in Cyprus includes premises public liability, product liability, employers liability insurance, and content insurance.

Tips to reduce your professional indemnity insurance cost in Paphos

Select the right territorial limits. Reduce the cost of your insurance by specifying the territorial limits to the countries where you provide your services.
Choose the correct jurisdiction. Select the specific location for the contract (i.e. Cyprus as a jurisdiction for the contract).
Outline your conditions for cooperation. Ask freelancers or subcontractors you work with to acquire their own insurance, such as professional indemnity insurance.
Fill out the insurance application form in detail. The more detailed your application, the easier it is for underwriters to understand your unique needs. You will receive an accurate representation of what you need in your contract, thus minimising any unnecessary costs in the process.

Why choose Pitsas Insurances?

Pitsas Insurances can serve your needs both as an online and a physical insurance provider.

We have significantly lower premiums as an online provider compared to other providers because our operating costs are lower.

Our experienced insurance agents help you save money on your insurance by using the details you provide to find your ideal contract.

Moreover, we offer a large range of offers and discounts when you get insured with us.

When it comes to motor insurance, we can also insure non-EU citizens with their local driving licences (e.g. Belarus, Russia, Kazakhstan etc.).

Affordable insurance in Paphos

Pitsas Insurances cooperate with the biggest international underwriters globally and all of the underwriters based in Cyprus.

We are a leading choice for expatriates and international companies based in Paphos and among the biggest insurance providers in Cyprus.

Thanks to our dedicated team members and the vast number of contracts we provide, we are able to find the best insurance deals for our clients.

We have a high client satisfaction ratio due to the generous discounts we provide on our underwriter’s premiums.

Cheap Insurance in Paphos

Pitsas Insurances can find you the cheapest insurance contract in Paphos. You can acquire this insurance completely online.

Online insurance Paphos

We are the largest online insurance provider in Paphos and expanded our reach in Cyprus and globally since taking more of our services online in 2004.

Our clients can browse our insurance products and purchase any contract from the comfort of their homes.

Our friendly insurance consultants will provide you with outstanding customer service online, and all of this is done using high-quality security measures to ensure your personal data is safe.

For ease of communication and to answer your questions online, we can arrange to consult with you for free through video calls and conferencing.

Nevertheless, you are more than welcome to visit our office for a face-to-face consultation.

The claims portion of handling insurance is all about what you are owed, and we ensure that an actual insurance consultant works with you when it comes to receiving your compensation.

At Pitsas Insurances, we develop loyal relationships with our clients and consider them as friends. We invest our time in our client’s needs to help them invest in their financial aims.

Best insurance Paphos

You will not find a one-size-fits-all insurance contract in Paphos that is the best. However, there are ways we can help you find the ideal fit for you.

Our consultants carefully analyse your unique needs through the information you provide so we know what you’re looking for. We then try to find you the best insurance based on your needs and budget range.

We use our systematic approach to find you the best insurance in Paphos. We begin by understanding the minimum number of terms to include in your contract.

We must then analyse the needs of the people we provide services to or do business with to ensure you get adequate coverage.

We also suggest optional policy terms to increase your protection and provide extra coverage.

Cyprus insurance plans

We know how to find you affordable insurance in Cyprus and Paphos. Our contracts have fewer exceptions than comparable ones in the country.

Pitsas Insurances are equipped to find the best deals with the cooperation of more underwriters than any other insurance company in Cyprus.

Insurance in Paphos quotes

Pitsas Insurances has been operating since 1985 and soon became one of the most reputable insurance companies in Paphos.

As one of the oldest insurance companies in the country, we continue to cooperate with more international and local underwriters than most of our competitors.

We can prepare quotes for you within minutes for every kind of insurance product that you find interesting.

For more Cyprus insurance policies, visit our website here. If you have any questions, you can message us here.

Pitsas Insurances Team