IvanLuburić

Since 2021, Ivan Luburić has served as Director of the Insurance Supervision Agency of the Federation of Bosnia and Herzegovina, currently in his second term.

Born in 1983, he completed primary and secondary education in Ljubuški, while actively playing handball for RK Izviđač Ljubuški. In 2001, he continued his higher education at the Faculty of Economics of the University of Zagreb, majoring in Finance. He graduated in 2005 with a thesis in Monetary Analysis entitled “Open Market Operations.” He is currently a PhD candidate at the Faculty of Economics of the University of Sarajevo.

He began his professional career at UniCredit Bank in 2006, working in the Treasury and Finance Division.

In December 2007, he joined Croatia osiguranje d.d. as Assistant Director, marking the beginning of his professional career in the insurance industry. During his tenure at Croatia osiguranje, he held a number of managerial positions, including Manager for the Republika Srpska market and Quality Manager in 2008; Director of the Office for Insurance Sales Development and Enhancement from 2009 to 2011; and Regional Director for the Federation of Bosnia and Herzegovina from 2011 to 2015.

At the same time, from 2008 to 2015, he served as a member of the Supervisory Board of Croatia osiguranje. From 2015 to 2018, he served as President of the Management Board of Croatia osiguranje. During the same period, he held various positions within institutions and organizations in the insurance market, including the Association of Insurance Companies of the Federation of Bosnia and Herzegovina, the Green Card Bureau in Bosnia and Herzegovina, the Employers’ Association of the Federation of Bosnia and Herzegovina, and the Economic and Social Council of the Federation of Bosnia and Herzegovina.

From 2019 to 2021, he continued his career at Euroherc osiguranje d.d., where he served as Executive Director of the Sales Division. Since then, he has served as Director of the Insurance Supervision Agency of the Federation of Bosnia and Herzegovina.

He is a licensed investment advisor and quality auditor.

He has participated as a speaker and panelist at numerous local and international seminars and conferences and is the author of several professional papers.

During his terms in office, the insurance market in the Federation of Bosnia and Herzegovina has achieved, among other results, continuous growth and stability, with total premiums increasing by more than 40% and capital and reserves by more than 30%. Mandatory third-party liability insurance for vehicles was deregulated, the ORSA process was introduced within insurance companies, and mandatory professional education for insurance intermediaries was established. Under his leadership, the Insurance Supervision Agency has strengthened its institutional capacities and was admitted to the International Association of Insurance Supervisors (IAIS). The Agency has also intensified cooperation with insurance supervisors across Central, Eastern and Southeastern Europe through active participation in and moderation of CESEE ISI supervisory meetings.

Through many years of experience in the insurance industry, Luburić has developed extensive expertise across all areas of insurance company management, as well as in the integration of the insurance sector with the financial and real economy sectors. He has successfully led stable, growing and profitable businesses, focusing on broad and long-term perspectives while continuously managing change.

He is particularly driven by working with people, mentoring and developing talent and organizational systems, gaining insight into emerging trends, theories and perspectives, and translating them into business practice. His professional approach is characterized by strong core values, effective communication, integrity, a legalistic and expert-driven approach, a focus on the bigger picture and a commitment to long-term development.