CertAsig is the leader in non-life corporate insurance in the Black Sea Region
CertAsig is a Romanian insurance company, based in Bucharest and active in Romania, Turkey and Bulgaria. The company has branches in Constanta and Cluj, local offices in Suceava and Ramnicu Valcea, a liaison office in Istanbul (Turkey) and a branch in Sofia (Bulgaria).
CertAsig is a solid and respected company, thanks to its specialised professional insurance products, to the high level of expertise of its team and its fast and fair claims processing procedure.
Our experience in corporate and commercial insurance, the international expertise and our pragmatic underwriting approach, adapted to each of the markets we operate in, are strong advantages, highly valued by our broker partners and by our clients.
The CertAsig portfolio is secured by A-rated reinsurance agreements underwritten by some of the strongest names in reinsurance, including Lloyd’s Syndicates, Hannover Re, Trust Re, Partner Re, XL Catlin, Swiss Re, Arch Re, Axis Re, Mapfre Re, Polish Re.
The company’s majority shareholder is Royalton Capital Investors II, a private equity investment fund based in Luxemburg, active in Romania, Poland, Slovakia, Turkey, Slovenia, Lithuania and the Czech Republic. The main investors of Royalton Capital Investors II include Alpha Associates, the European Bank for Reconstruction and Development (EBRD) and the European Investment Fund (EIF).
Who is CertAsig?
- One of only a few independent insurance companies in Romania
- Solvency II compliant
- A profitable business with gross written premium volumes increasing from 0.7 mil EUR in 2007 to 13.5 mil EUR in 2016
- More than 98% of business originates through insurance brokers
- 62% of our portfolio comes from Romania, 10% from Bulgaria and 28% from the Turkish marine insurance market.
- Three regional offices in main Romanian cities, in addition to Bucharest Headquarter
- International offices in Istanbul and Sofia
- Over 5.000 companies insured their factories, buildings, equipment, merchandise, employees, contracts or ongoing business with CertAsig. More than 98% of insured companies choose CertAsig’s products through insurance brokers.
Why do brokers like working with us?
We are a dedicated team of highly qualified insurance specialists, providing efficient, comprehensive and fast service for our brokers and clients.
- Innovative insurance solutions in the Romanian, Bulgarian and Turkish markets
- Fair and prompt settlement of valid claims
- First class panel of reinsurers underpinning every policy issued