The Association of Insurance Companies in the Federation of Bosnia and Herzegovina (UDO FBiH), the professional body representing the insurance industry in FBiH, has appointed Edib Galijatović as new President of its Management Board.

Edib Galijatović is President of the Management Board of Triglav osiguranje d.d. Sarajevo, and was unanimously elected to the UDO FBiH position.

Two Vice Presidents of the Management Board were also appointed: Sabina Mujanović, President of the Management Board of Vienna osiguranje d.d. Sarajevo, and Marina Miočić Hamidović, President of the Management Board of Adriatic osiguranje d.d. Sarajevo.

Reflecting on his appointment, Galijatović emphasized the strong spirit of cooperation within the industry association.

“As someone who has been involved in all the activities of the insurers’ association for the past 15 years, I can say that we have achieved a truly high level of mutual understanding and recognition of the importance of acting together, despite being direct competitors in the market. We are all here for our policyholders and insurance service users, and I sincerely look forward to the opportunity for the association to contribute even more to the development and stability of the insurance market. The sector we represent is an important part of the economy of Bosnia and Herzegovina. I am confident that we can do much more to raise awareness of the benefits of insurance services, not only among citizens but also among businesses—and, I hope, particularly among public institutions. The Association will always strive to be a responsible partner to the authorities and, through that cooperation, help improve living standards and enhance insurance services for our citizens,” Galijatović stated, quoted by osiguranje.hr.

The Association of Insurance Companies in the Federation of Bosnia and Herzegovina brings together 16 insurance and reinsurance companies, representing a significant share of the country’s insurance market. In 2025 alone, the sector paid out nearly BAM 490 million (EUR 250.5 million) in claims to citizens and businesses.