In this paper, we will process the subject of crisis management in Croatia and the world. The crisis is a term that means a choice, risk, decision-making and is therefore very important to always know the real state of things. The crisis must not have only negative consequences. If we are prepared for crisis on time and with enough knowledge and factual information, it may mean for us positive changes. The paper deals with the causes of the crisis, which clearly show that the crisis can not affect or crisis can be traced to a specific preparation even mitigated. In recognition of the crisis and its mitigation helps us to crisis management, which is defined as an activity that will help us to master dangerous situations to further the company's business, and will plan and implement measures for better insurance company goals. If we want to successfully alleviate and overcome the crisis it is necessary to know what kind of crisis work, and what kind of belongs. The paper analyzes how the crisis has affected Croatia and why Croatia is lagging behind the other countries of the European Union. Compared to Croatian we show how the World behaved in a crisis, and how to successfully overcome the crisis and how will we know when the crisis is over.