Inahos Pappas: “End-to-end” insurance loss management with transparency and speed
Αnalyzing the company’s business model, VICE VERSA claims consultant and manager Inahos Pappas shares his strategic perspective on specialized insurance loss management and the role of insurance for the sustainability of businesses.
- 29/07/2025, 12:06
WITH OVER THREE decades of active presence in the insurance market, Inahos Pappas has charted a path that began with senior management positions in insurance companies, continued with his experience as General Manager and Vice President in one of the largest insurance brokerage companies in the country, and culminated with the co-founding of VICE VERSA – an innovative comprehensive insurance loss management company that serves the interests of policy holders, in full collaboration with their insurance advisor. Its mission? End-to-end loss management with expertise, transparency and speed.
Inahos Pappas shares his insights with the White Paper:
At VICE VERSA, co-founded by Nikos Karathanasis, we have created a business model based on the deep technical knowledge we have acquired from our many years of active presence in all sectors of insurance, which allows us to document our views with clarity, transparency and fairness for all parties involved. As a result, the agreement for compensation is reached within a period not exceeding 6 months from the date that VICE VERSA will take over the management of the loss.
The result of this business model was the successful management of losses – within 6 months – of the disasters caused by the Daniel and Elias storms, where our company collaborated with JUMBO S.A., ENTEC, ATRAXENERGY, GEOAPODOSI S.A. The same happened in the Aspropyrgos fires where we collaborated with SYNERGY S.A., in the PALS.A. fire and many more cases.
VICE VERSA partner Nikos Karathanasis has been an adjuster (diploma in Mechanical Engineering) for twelve consecutive years in one of the largest companies in the industry, which allows us to evaluate all the parameters of the case we undertake. Also, since 01.01.25, the company’s staff includes Philippos Pappas, holder of a Chemistry degree from Sheffield and an MBA from EUC Cyprus.
Insurance is the protection of a business from risks that can harm its balance sheet and results, its possible expansion plans, and even its viability. When loss of profit coverage is also provided, it also protects its employees, creating an additional level of security. It is, therefore, important that in surance programs are designed by industry professionals who are able to quickly identify the needs of their customers and create the appropriate program.
Published in “White Paper: The Big Business of the South”, NouPou Media’s special edition spotlighting the current landscape and future prospects of the Athens Riviera.