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20 Strovolos Ave. 2011,
Nicosia, Cyprus

T: +357 22 710 000
F: +357 22 514 081


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Insurance Services

G.A.P. Vassilopoulos Group, provides a complete spectrum of insurance products and continually expands its portfolio while representing prestigious international insurance companies which have acquired ratings of ‘A’ (excellent) by A.M. Best Company and Standard and Poor’s, certifying their ability to meet their insurance policy obligations.

Dedicated website:

Get Insured with the Most Accredited Insurance Providers in the World

We help clients identify, choose and structure a policy that is relevant and suitable for their particular needs. Our long-standing reputation as one of the best insurance companies Cyprus places the G.A.P. Vassilopoulos Group amongst the top 25 independent organisations on the island, and has been listed on the Cyprus Stock Exchange since 2001. As the most accredited insurance services Cyprus, the Group has partnerships with top-level international insurance companies with local expertise, enabling us to provide:

Protection from only “A” rated Insurance Companies and Lloyd’s syndicates

For more than seven decades, GAP have continued to offer insurance products for individuals and businesses of all categories. As a broad range insurances Cyprus broker and total service organisation, GAP has access to all markets. We are constantly focused on a client’s total needs and always strive to thoroughly understand a client’s business or personalised insurance requirements. The market is carefully reviewed well in advance of each policy renewal. When a client is insured with the worlds’ most accredited insurance providers they are assured of receiving the best and most appropriate programme of cover.

Customer Benefits:
  • A’ rated International Insurance companies
  • Competitive rates
  • Prompt settlement of claims
  • High quality coverages of all risks and perils
  • Special insurance covers
  • Simplified paperwork procedures
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  • Marine Cargo Insurance
  • Property Fire and Allied Perils
  • Loss of Income – Business Interruption
  • Burglary & Housebreaking
  • Householders combined
  • Foreign Workers Medical
  • Compulsory Employer’s Liability
  • Public Liability
  • Product Liability
  • Personal Accident and Travel Insurances
  • Motor Compulsory and Comprehensive Insurances
  • Medical Insurance Schemes
  • Yacht Insurance
  • Expatriate Insurance
  • Credit Insurance
  • Loss of Money
  • Goods in Transit
  • Engineering & Construction

G.A.P. Group is Lloyd’s Coverholder for a number of Lloyd’s Syndicates. Lloyd’s is the world’s specialist insurance market where members join to provide insurance protection worldwide. Lloyd’s is the world’s leading specialist insurance market. Lloyd’s is not an insurance company, but a society of members, both corporate and individual, who underwrite in syndicates on whose behalf professional underwriters accept risk. Lloyd’s Syndicates currently enjoy A rating from A.M. Best and A+ ratings from Fitch Ratings and Standard & Poor’s

  • Founded in London in 1774
  • Gross Written Premiums are in excess of £
  • Accepts business from over 200 countries and territories worldwide
  • Provides cover for over 95% of the FTSE 100 and over 85% of Dow Jones industrial average companies

Visit Lloyd’s website

Neon is a vibrant Insurer operating in the specialist Lloyd’s market. Since their relaunch in 2016, they have been diligently building a reputation for underwriting excellence across a broad spread of classes, led by some of the most experienced people in business.

Operating from offices in London, Bermuda, Italy and Guernsey, they are highly practiced in underwriting a diverse range of property, specialty, casualty and marine risks on a direct and reinsurance basis, as well as through delegated authorities.

Their aim is to take a refreshing approach to risk solutions, proactively creating bespoke coverage for clients and preparing packaged products where appropriate. They are not afraid to challenge the status quo and offer disciplined underwriting across a diversified, volatility-managed and specialised portfolio.

Neon operates within Lloyd’s, the world’s pre-eminent (re)insurance market. As a result, policyholders gain additional comfort from the Lloyd’s chain of security and the Lloyd’s central fund.

Across its 330 year history, Lloyd’s has gone from a collection of individuals acting to protect personal interests, to a dynamic market comprising 50+ managing agents and 80+ syndicates.

With a global underwriting presence supported by a network of (re)insurance licences and local trading platforms, Lloyd’s has a track record of resilience in challenging market conditions.

Lloyd’s is strongly capitalised, maintaining A or A+ ratings amongst top rating agencies. Its financial strength derives from a unique capital structure, often referred to as the ‘Chain of Security’. There are three links to the Chain of Security: 

  • Syndicate level assets
  • Members’ funds at Lloyd’s
  • Central assets

Visit Neon’s Website

Catlin Insurance Group is a publicly listed Property, Casualty Insurer and Re-insurer. XL Catlin has demonstrated Underwriting Ambition through a flexible and forward-looking approach to business. XL Catlin Insurance UK is authorized and regulated by the Financial Services Authority of the United Kingdom and Wales. The Financial Strength Rating of the company is A from A.M. Best, A+ from Fitch, A2 from Moody’s A+, A+ from Standard and Poor’s. 

  •  Founded as a Lloyds underwriting agency in 1984
  •  Capital $17bn & Net Premiums $10bn
  •  Operations in 20 countries
  •  Number one position in Lloyd’s
  •  More than 1.500 employees

 Visit XL Catlin Website


Credit insurance is the protection against the risk of non-payment for the provision of goods and/or services supplied from one business to another on credit terms. Non-payment usually arises when the customer becomes insolvent but can also arise because the business simply has insufficient funds to pay its debts.

  • GAP Vassilopoulos has access to Top-Level International Credit Insurance Companies with local expertise and will help you identify, choose and structure a policy that is suitable for client’s needs.
  • Our Group cooperates with Atradius, Euler Hermes and Coface, which are the Top Credit Insurance Companies with financial rating “A” from S&P and AM Best.

 Visit Atradius Website
 Visit Coface Website
 Visit Euler Hermes Website

The International Medical Group – IMG is a worldwide leader in providing a range of International Medical and Health related insurance products to individuals, families and companies. The company is regulated by the UK Financial Services Authority and is compliant with the EU Insurance Mediation Directive. While IMG provides complete plan administration expertise, the globally recognized underwriter, Sirius International Insurance Corporation (publ), offers the financial security and reputation demanded by international consumers. Rated A (excellent) by A.M. Best and A- by Standard & Poor’s.

  • Established in 2002
  • Covering travelers and expatriates in more than 170 countries

Visit IMG Europe Website