About the MIB

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The Motor Insurers’ Bureau (M.I.B.) is a Legal Entity of Private Law based in Athens, which is supervised by the Bank of Greece.  It has been incorporated under Law 489/76 (OGG [Official Government Gazette] Α331), which regulates the Third Party compulsory insurance of liability for motor vehicles and its operation is in complete harmony with the Directives of the European Union.

All insurance companies operating in Greece in the Motor Vehicle Third Party Liability Insurance sector are ipso jure and compulsorily members of the Greek Motor Insurers’ Bureau, which has been operating since 20/8/1987.

What exactly the MIB provides and what its functions are :