Eurolife Receives Top Cyprus Life Insurance Award Again In 2026

Accolades For Innovation And Digital Excellence

Eurolife was named Best Life Insurance Company Cyprus 2026 at the Global Banking and Finance Awards 2026, marking the sixth consecutive year the company has received the distinction. The insurer also received the award for Best Life Insurance App Cyprus 2026 for its Myeurolife App, recognising the company’s continued investment in digital insurance services.

Commitment To Digital Transformation And Customer Service

According to Eurolife, the Myeurolife App was designed to provide policyholders with faster and more direct access to insurance policies, coverage information and personal account details. Athena Shipilli Tsingi said the company’s focus remains on making insurance services simpler, more accessible and more efficient through technology. “With a modern app that provides users with immediate, easy, and secure access to their policies, coverages, and personal details, Eurolife demonstrates that technology can and should make insurance more accessible, faster, and more human,” she said.

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Strategic Consistency And Forward-Thinking Innovation

The latest recognitions add to a growing portfolio of awards celebrating Eurolife’s reliability, innovation, and exceptional customer service. The company attributes its sustained success to consistent quality, a resolute customer-first mindset, and ongoing development of novel digital solutions, such as the award-winning Myeurolife App.

Shaping The Future Of Life Insurance In Cyprus

Eurolife’s latest achievements position it firmly at the forefront of modern life insurance in Cyprus. The company continues to evolve, invest in new technologies, and redefine the future of life insurance with an unwavering focus on enhancing security, confidence, and optimism for every customer.

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Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

July 24, 2026

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

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Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

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