 In October 1998 DZI was transformed into a public company with 100% state ownership.On 7 December 1999 in the “State Gazette”, issue 107 was published the decision of the Privatisation Agency to open a procedure for privatisation of the “State Insurance Institute – DZI” Plc.which ended with the sale of the company on 27 August 2002 to Emil Kyulev’s “Contract Sofia” Ltd.

On 10 October 2002 at the shareholders’ General Meeting was taken the decision to rename the “State Insurance Institute – DZI” Plc.