The Bulgarski Imoti Insurance Company AD (Joint-stock Company) was set up in 1994 by the decree of Sofia City Court dated 6 April 1994 as a company of a general type.

On 10 August 1998 Bulgarski Imoti received a licence to perform insurance activity by the National Council on Insurance according to the Law on Insurance.

On the territory of Bulgaria 60 offices with over 300 employees have been built and this fact helps realize quick and high-quality services for the clients and compensation payments for damages.

In November 2002 the biggest Austrian insurance company Wiener Staedtische Versicherung AG VIENNA INSURANCE GROUP became a majority owner of the Bulgarski Imoti through buying off the major block of their shares.

On 8 June 2005 at the regular General Meeting of the shareholders of Bulgarski Imoti Insurance Company the main owner, Vienna Insurance Group made a decision to make an investment, and as a result the amount of the equity capital of the Company became 9,308,108 BGN.