Millenium Insurance Broker (MIB) Broker de Asigurare-Reasigurare S.A.
BBVB:MIB24.00
RON
0.00
(0.00%)
ISIN
ROV1FB29MU02
Return %
Stock
S&P 500
1Y
50.00
14.20
3Y
57.89
81.12
5Y
- -
68.34
Capital Structure
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- Sector
- Finance
- Industry
- Insurance brokers/Services
- Address
- Bucharest Romania
- IPO Date
- Feb 27, 2023
- Similar Companies
- Business
- Millenium Insurance Broker (MIB) Broker de Asigurare-Reasigurare S.A. is a Romania-based insurance and reinsurance brokerage company that provides risk consulting, insurance intermediation, and policy administration services to individual, commercial, and institutional clients. Founded in 1997 and headquartered in Bucharest, Romania, the company operates nationwide through a multi-channel distribution model encompassing territorial franchise branches, partner broker networks, and digital sales platforms. The company’s core product and service portfolio comprises motor insurance, including mandatory third-party motor liability (RCA) and comprehensive motor hull insurance (CASCO); property insurance, including mandatory natural disaster residential insurance (PAD), optional household coverage, commercial property insurance, and business interruption protection; liability insurance, including general third-party liability, professional indemnity, and directors and officers (D&O) liability; surety bonds and financial guarantees, including bid bonds, performance bonds, advance payment return guarantees, and customs guarantees; health and life insurance, including corporate group health plans, private health policies, term life, and personal accident coverage; travel and transport insurance, including international travel policies and cargo transit insurance; and advisory solutions, including risk assessment, corporate insurance program design, and claims assistance. In recent corporate developments, the company completed its public listing on the AeRO multilateral trading system of the Bucharest Stock Exchange under the ticker symbol MIB, established a strategic equity partnership with Romanian mobility and leasing leader Autonom Group as a major shareholder, executed social capital increases via preference rights to support business expansion, and accelerated investments into proprietary online insurance platforms to scale its direct-to-consumer and corporate distribution capabilities.