Press Release
A new, Cyprus-based insurance brokerage company specializing exclusively in credit insurance has been established. NOVARDIA CREDIT INSURANCE BROKERS LTD is the result of a collaboration between K.K. THE FIRST INSURANCE BROKERS LTD (TFI BROKERS) and INTERTRUST INSURANCE AGENTS, SUB-AGENTS AND CONSULTANTS LTD, part of INFOCREDIT GROUP LTD.
Operating under the trading name NOVARDIA, the firm is dedicated solely to credit insurance, offering businesses in Cyprus tailored protection against commercial and political risks. The name NOVARDIA is inspired by the Latin word “Nova” (new/innovation) and “guardian”, symbolising the company's mission to be a forward-looking protector of businesses navigating credit risk.
Backed by more than 20 years of combined experience, NOVARDIA offers expert guidance, dedicated support and tailor-made solutions. The firm is emerging as the leading credit insurance brokerage located in Cyprus, committed to addressing the unique needs of the businesses it proudly serves.
“Through NOVARDIA, we bring focused expertise and a clear proposition to the market,” said Alexis Kyriakou, General Manager of Novardia. “Our exclusive focus on credit insurance enables us to deliver highly specialised solutions tailored to the evolving needs of Cypriot businesses.
Equally important are the strong relationships we have built over many years with credit insurance providers, which remain central to our approach. We are committed to investing further in these partnerships to leverage our customer-centric approach, creating new opportunities and serving the market more effectively.”
Theodoros Kringou, CEO of Infocredit Group, added: “The launch of NOVARDIA marks a significant milestone in our continuous commitment to support Cypriot businesses with robust, tailored credit insurance solutions. With an existing portfolio covering over €1 billion in insured credit risk through our trusted insurance partners, we bring the strength, experience, and reliability of the Infocredit Group to this new venture - helping companies safeguard their growth with confidence and clarity.”
NOVARDIA provides advisory services and direct access to leading credit insurance providers worldwide. Strategically positioned, the company supports businesses of all sizes by enhancing liquidity, reducing transaction risk and fostering entrepreneurship - thereby contributing significantly to the growth of the local economy.
For more information, visit www.novardia.com.
