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About Us

We offer immediate solutions and services through our vast island-wide insurance network and dedicated customer service departments. With constant training, both internally to employees and sales force and externally to agents, we are in a position to continually improve and offer the best services possible, as our goal has always been 'to meet and exceed' customer and partner expectations.

We are aware that real security is all about promises made in confidence and we strongly believe that personal trustworthy relationships are the key ingredient to our success and that is why we stay focused on increasing your sense of safety in order to maintain our reputation.

Our corporate promise: instant and fair claims settlements for everyone, always.

A world of Assurance!

History

Cosmos Insurance was founded in 1981 by Kyriacos M. Tyllis, who was the CEO of the company until 1996. In 1996, the company passed into Kyriacos' two sons, Andreas and Michael Tyllis. In 2000 the two brothers, with a vision of developing and expanding the company, they secured Cosmos’ position in the Cyprus Stock Exchange market.With the new-found liquidity, Cosmos quickly emerged and evolved from a small family business into one of the largest general insurance companies in Cyprus.

Cosmos Today

Nowadays, Cosmos operates in the market through its vast agents’ network with offices in Nicosia, Limassol and Paphos. It employs more than 70 skilled people and retain a collaboration with more than 150 insurance agents in Cyprus. Cosmos retains the license for offering products covering the General Insurance sector.

Some of the innovative products that Cosmos Insurance Offers are

Motor Insurance myDRIVEplus

Home Insurance homeCARE

Business Insurance businessCARE

Shop Insurance shopCARE

Yacht Insurance yachtCARE

Personal Accident Insurance accidentCARE

Pet Insurance petCARE

Travel Insurance travelCARE

Liability Insurance of all types

Marine Cargo Insurance

Property Insurance

Directors and Officers Insurance

Business Interruption Insurance

Contractors All Risk Insurance (C.A.R.)

Professional Indemnity for Lawyers, Accountants and Health Providers

Medical Insurance CyprusCHOICE

Foreigner’s Medical Insurance

Vision

Having to operate in such a competitive industry, Cosmos insurance main priority is continuous development and rigorous training of its employees in order to maintain its position within the largest general sector insurance companies in Cyprus. At Cosmos Insurance we tend to gain the trust of our clients through high customer services, fair and fast payment of claims for everyone.

Corporate Value

Passion: We work with passion with a solely goal of improving our day to day operations and excelling the services towards our customers and partners.

Customer Value: We understand our customers wants and need and we work always to provide them a satisfactory product and or service.

Improvement and Innovation: Constant improvement is an aspect we work on a daily basis here at Cosmos Insurance by finding new ways to innovate the industry.

Respect: We operate with sustainability in respect to any individual, the environment and the society.

Knowledge: We invest in knowledge and in continuous training of our workforce in order to develop their skills and thus provide excellent customer service to our clients. 

Trustworthiness: Our word is our bond! We keep up all of our promises. We are proud we are considered as a trustworthy company for our collaborators, employees and Agents.

Loyalty: One of our aims is to remain focused on our Sales force and Agents, providing them with all necessities possible to make their life easier.

Global Partnerships: Our sole goal is to diversify from the competition in the market in order to provide exclusive innovative insurance solutions to our customers.

IMPORTANT FIGURES

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39 Years
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Γραφεία σε Λευκωσία, Λεμεσό & Πάφο
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€18,1εκ σε εγγεγραμένα ασφάλιστρα το 2018
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Περισσότερα από €10,8εκ σε αποζημιώσεις το 2018
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5η μεγαλύτερη ασφαλιστική Εταιρεία στον Κλάδο Μηχανοκινήτων Οχημάτων
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Περισσότερα από 60 άτομα προσωπικό
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Περισσότερους από 120 διαμεσολαβητές ανά το Παγκύπριο

SENIOR MANAGEMENT

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Michael Tyllis - Executive Vice Chairman
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Kyriakos Tyllis - General Manager

Mr. Kyriakos Tyllis was born in Nicosia Cyprus in January 1988. Following his high school graduation he studied Business Administration at the University of Portsmouth in the UK. He is a holder of an MSc in Insurance & Risk Management from Cass Business School of City University London. He has been employed by Cosmos Insurance since the end of 2011 and has been involved in various areas and departments of the organization. During 2018 he was appointed as the company's Chief Operations Officer and in September 2020 he was promoted to General Manager. 

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Elias Nissiotis - Chief Information Officer

Mr. Elias Nissiotis is the Chief Information Officer for Cosmos since 2000. He was born in Nicosia in 1975 and he graduated from Acropolis Lyceum in 1993, Science Section. In 1999 he got his Bachelor in Science from University of Cyprus in Informatics. He is an IT professional since 1999 with experience in the IT Industry in various industries like Telecommunication, Stock Market and Financial Sector, Insurance etc. As an external consultant has been involved in Corporate, Public and Boarder Public sector projects.

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Michael Petrou - Claims Manager, Motor and Non-Motor

Mr.Petrou is the Company’s Claims Manager (Motor, Fire and Special Perils).  He was born in Nicosia in 1985 and he graduated from Pascal English School in 2003.  He holds BSc in Business Administration from the University of Nicosia and LLM from the University of London. He worked with Eurolife as Insurance Advisor from 2008 until 2010 and with AIG Cyprus as Claims Supervisor from 2010 until 2015. He is a member of the Insurance Institute of Cyprus.

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Natasa Kalafati - Medical Claims Manager
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Ioanna Panagi - Underwriting Manager Health & Accident Department
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Maria Kallenou - Non - Motor Underwriting Manager

Mrs. Maria Kallenou is a holder of a BSc in Mathematics (with specialization in Applied Mathematics) of the University of Cyprus and a holder of an MSc in Insurance and Risk Management from Cass Business School of City University, London. She has previously worked for a large insurance brokerage before joining Cosmos Insurance in August 2014, as a Non-Motor Underwriting Officer and in July 2016 she was promoted to the department’s Supervisor. Today she is responsible of all non-motor, non-medical business written and the Manager of the department.

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Georgia Constantinou - Human Resource Manager

Mrs. Georgia Constantinou was born in Athens in 1981 and she graduated from High School in 1999. She is a Human Resource professional with nearly 15 years of HR experience managing a full spectrum of human resources programs, services and functions. She has an extensive background in HR in various industries, both with Cypriot and International companies, such as Pascal Education, KPMG, K. Treppides & Co Ltd, Hyperion Systems Engineering. She holds a BSc in Business Administration with concentration in Marketing from the University of Nicosia and an MSc in Human Recourse Management from the University of Leicester. She is a member of the Cyprus Human Resource Management Association.

BOARD OF DIRECTORS

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Loucaides Marios - Chairman

Mr. Marios Loucaides holds a BSc (Hons) in Mathematics and Physics from University College London (UCL) and an MSc in Computation from the University of Oxford. He served as Chief Executive Officer of Cyprus Trading Corporation Plc from 2003 until April 2019 and currently works as a business consultant.

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Stalo Koumidou - Member

Mrs. Stalo Koumidou holds a bachelor degree from Royal Holloway University of London in Financial and Business Economics and a masters degree in Finance and Economics from the London School of Economics and Political Science. She has been employed in financial institutions both in the UK and in Cyprus and she has been part of the management team of Cyprus Investment and Securities Corporation Ltd (member of the Bank of Cyprus Group) to which she was employed for over ten years.

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Andreas Tyllis - Member

Mr. Andreas K. Tyllis is the company’s Managing Director. He was born in 1954 and graduated from Athens University of Economics and Business where he studied Business Administration. Upon completing his studies, he joined the Company and has been actively involved in all departments of the Organisation.

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Elias Demetriou - Member

Mr. Elias Demetriou is a holder of a BScinMathematicswithManagementStudies from the University College of London (UCL) where he graduated with Honors and a holder of an MPhilinFinance from the UniversityofCambridge. He has a financial, Risk management and Audit background from his work experience in London and he is a Manager in a Cypriot based audit firm since September 2017.

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Marios Kyriakou - Member

Mr. Marios Kyriakou is a holder of a BSc (Hons) in Mathematics, Operational Research, Statistics, Economics from the University of Warwick and a holder of an MPhil in Finance from the University of Cambridge. He has successfully completed his Ph.D thesis on Financial Risk Measurement and Extreme Value Theory at the University of Cambridge and has vast experience in financial services and risk management services in Cyprus and abroad.

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Adamos Konias - Secretary

Mr. Adamos Konias holds a Bachelor of Law (LLB) from Queen Mary University of London where he graduated with Honours. He has completed the Bar Professional Training Course at BPP Law School in London, and he is a member of the Honourable Society of Lincoln’s Inn. Mr. Konias is a partner at a law firm in Nicosia and has extensive experience in Litigation and Dispute Resolution especially in the areas of Insurance, Tort and Commercial Law.