Who we are

Euler Hermes Kreditvesicherung-AG Latvia Branch and SIA Euler Hermes Services Latvija represent Euler Hermes Group in Latvia.

In 2005 was registred Euler Hermes Krediversicherunds-AG Latvia Branch and established Euler Hermes Services Latvija SIA and offical opening press confrence took place on September 1, 2005.

In Lithuania history starts in 2000, when Euler Hermes Kreditversicherungs-AG acquired shares of UAB Lietuvos Draudimo Kreditu Draudimas. After Lithuania joined the European Union , Euler Hermes Group took a decision to operate directly in Lithuania, as well as in the other Baltic States and established its branches in Lithuania in 2004, and Latvia and Estonia in 2005. This allowed us to offer Euler Hermes credit insurance services in all three Baltic states.

The risk is insured in Euler Hermes, via its local branch - Euler Hermes Kreditversicherungs-AG Latvia branch. Whereas the services company - SIA Euler Hermes Services Latvija - provides supplement services which go along with the insurance coverage, such as risk assessment and debt collection